Custodia Bank Loses Lawsuit Challenging Fed Rejection of Master Account Application
The Federal Reserve has discretion in deciding whether to grant a master account, a judge ruled.
The Federal Reserve has discretion in deciding whether to grant a master account, a judge ruled.
First Trust was one of the first to file for a BTC ETF, and was rejected by the SEC in January 2022.
The SEC wants to know if the applications for ETFs that hold Ethereum’s ether (ETH) are supported by the same arguments that led to the approval of spot bitcoin ETFs.
Grayscale and BlackRock are among the companies trying to bring spot ether ETFs to market.
A letter sent to the tech giant said it still has five active patents related to cryptocurrencies, despite the firm saying that it has no digital assets-related works ongoing.
With a Wednesday deadline looming, the regulator sent comments just hours after would-be issuers filed documents detailing their fees.
Affected user balances will be restored as no private keys were stolen in the exploit, the developers said.
Representatives of the company are answering questions from two divisions of the U.S. Securities and Exchange Commission in the wake of Grayscale’s court win over the agency.
Hashdex’s decision to use CME, a regulated exchange, per the SEC’s requirement of a surveillance-sharing agreement (SSA), might set it apart from the group.
Barton’s application expertise comes from a recent history of pulling off two regulatory firsts of sorts.