SEC Rejects 9 Bitcoin ETF Proposals

NEWS Aug 29, 2018 at 13:10 UTC An Australian federal agency is developing a blockchain that will allow businesses to carry out transactions based on smart legal contracts. The Commonwealth Scientific and Industrial Research Organization (CSIRO) said on Wednesday that its research arm, Data61, is working with law firm Herbert Smith Freehills and IBM to…

opinion Scott A. Shay is co-founder and chairman of Signature Bank of New York and the author of In Good Faith: Questioning Religion and Atheism (Post Hill Press, 2018). Allowing Facebook to mint its own coin, the Libra, would turn it into the greatest anti-competitive trust case in history. It would make the early 20th…

markets View The Fed’s decision to expand its balance sheet is seen as a long-term positive development for bitcoin by crypto market experts. However, it hasn’t yet buoyed the cryptocurrency’s price, which is consolidating around $8,200. Short-term technical charts are calling a bullish move to the 200-day moving average, currently located above $8,600. The case for…

The U.S. Securities and Exchange Commission delayed an application by Grayscale Investments to convert its Ethereum trust product (ETHE) into an exchange-traded fund (ETF). One day earlier, the agency did the same regarding BlackRock's application for a similar vehicle.The SEC has traditionally opposed spot crypto ETF products, only allowing a flurry of spot bitcoin ETFs

This article originally appeared in First Mover, CoinDesk's daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.Latest Prices(CoinDesk)Top StoriesBitcoin was little changed over the weekend following a $400 million liquidation rout on Friday. BTC fell to under $69,000 from over $71,000 after U.S. non-farm

Dec 30, 2020 at 6:26 p.m. UTCGenesis to Suspend XRP Trading, LendingDigital currency prime broker Genesis is halting XRP trading and lending in light of the SEC’s lawsuit against Ripple.According to an email sent to clients and shared with CoinDesk, the firm, which is owned by CoinDesk parent company Digital Currency Group, is suspending XRP…

Credit: JHVEPhoto / Shutterstock.comJapan’s Biggest Banks Are Talking About Building a Digital Payments SystemThree of Japan’s largest banks are among major players joining a study group looking at developing a digital payment system that may address concerns about cryptocurrencies. Mitsubishi UFJ Financial Group (MUFG), Mizuho Financial Group, and Sumitomo Mitsui Financial Group – institutions that…

Cheyenne Ligon is a CoinDesk news reporter with a focus on crypto regulation and policy. She has no significant crypto holdings. Nikhilesh De is CoinDesk's managing editor for global policy and regulation. He owns marginal amounts of bitcoin and ether.Coinbase Borrow’s days are numbered.Customers of the U.S.-based exchange who used the program – which allowed…

Mar 29, 2020 at 14:16 UTCUpdated Mar 29, 2020 at 14:20 UTCPodcastsHow MakerDAO’s Stablecoin Survived the Crash, Smart Contract Bugs and Full DecentralizationThe best Sundays are for long reads and deep conversations. Last week the Let's Talk Bitcoin! Show gathered to discuss how the MakerDAO DeFi stablecoin actually works and what happened during the sudden, precipitous drop…