biden

SEC Chair Indicates Potential Delay in Approving Spot Ether ETFs

* SEC Chair Gensler hints at delays for spot Ether ETF approvals. * 19b-4 filings approved for various asset managers, but final approvals could take months. * SEC chair suggests enforcement actions against crypto firms will continue. * SEC faces legal challenges, forced to pay $1.8 million over "bad faith conduct."

biden

Crypto Industry and Biden Administration Clash Over SEC Bulletin on Digital Asset Custody Accounting

A battle is brewing between the crypto industry and the Biden administration over a non-binding resolution passed in the U.S. House. The resolution demanded that the Securities and Exchange Commission (SEC) retract a staff bulletin on digital asset custody accounting, with the aim of promoting innovation in the digital