Tag : SEC

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Franklin Crypto Index ETF moves closer to SEC approval for trading

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Franklin Templeton's Franklin Crypto Index ETF is progressing toward potential approval by the U.S. Securities and Exchange Commission (SEC), bringing institutional investors closer to a...
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Court rejects Coinbase defense in lawsuit over crypto asset sales

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A U.S. District Judge in Manhattan has ruled that Coinbase must face a lawsuit alleging it illegally sold unregistered securities. The court rejected Coinbase’s argument...
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Bitcoin at $105,000 as Powell backs banks serving crypto customers

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Bitcoin surged past $105,000 following the Federal Reserve's decision to maintain current interest rates, with Fed Chair Jerome Powell affirming that U.S. banks can serve...
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Financial sector poised for crypto integration after SEC’s SAB 121 reversal

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In a pivotal decision, the U.S. Securities and Exchange Commission (SEC) has rescinded Staff Accounting Bulletin (SAB) No. 121, eliminating a significant barrier for banks...
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Bitcoin prices may hit $200,000 in 2025 amid favorable regulations

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Bitcoin is expected to reach new all-time highs in 2025, with multiple forecasts predicting the cryptocurrency could double in value, surpassing $200,000. Following a strong...
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MicroStrategy expands Bitcoin reserves amid broader crypto downturn

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Bitcoin prices fell despite MicroStrategy Inc.’s ongoing efforts to bolster its cryptocurrency holdings through additional share offerings. The digital asset declined approximately 3% to $95,420...