Grayscale is geared up to argue the SEC has been inconsistent about its approach to bitcoin ETF approvals before a panel of judges next week. jesseahamilton reports
to federal judges of the U.S. Court of Appeals for the District of Columbia Circuit. Grayscale’s team will contend the regulators had a constrained role here and didn’t follow logic in its rejection after having approved several futures ETFs with similar risk profiles. Grayscale is owned by Digital Currency Group, which also owns CoinDesk.enlisted by Grayscale
In its rejection of Grayscale's bitcoin ETF, the SEC cited worries over market manipulation, and noted a lack of a surveillance-sharing agreement between a"regulated market of significant size" and a regulated exchange, repeating a concern it has expressed each time it denied similar spot bitcoin ETF applications from Grayscale and others companies.
As for the industry’s recent dramas, he said that “is going to be in the air,” but he said he’d be surprised if it became a direct element in next week’s arguments. He said this particular panel of three judges will “deal with the specifics,” and he added that “the more you get into the specifics, the stronger our case gets.”
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
WSJ News Exclusive | Electric Vehicles Need AM Radio, Former Emergency Officials ArgueThe lack of AM radio in some new electric vehicles could cut off drivers from important safety alerts broadcast over the medium, a group of former emergency officials warned
Weiterlesen »
MTA gives suburban riders $200 million boost as full Grand Central Madison service opensTransit advocates argue similar investments should be made to increase subway and bus service in the city.
Weiterlesen »
Does the 'Woodwide Web' Exist? Trees May Not Have Internet After AllThree biologists argue that popular notions of a fungi-based system connecting trees may be wishful thinking.
Weiterlesen »
'Mommy brain' doesn't capture how the brain transforms during pregnancyDuring the transition to motherhood, there's more going on than “momnesia,” neuroscientists argue. The brain changes to prep for the job of caregiving
Weiterlesen »
FDNY chiefs file lawsuit demanding reinstatement of demoted commandersThe four chiefs who brought the suit argue the expected and past demotions of top FDNY commanders pose a “grave risk” to the public safety of all New Yorkers.
Weiterlesen »