SEC

Texas Bitcoin Miners Face Scrutiny; Core Scientific Will Defend its Interests in Celsius Bankruptcy
Grayscale Investments called the SEC's June rejection for a spot bitcoin exchange-traded fund (ETF) "arbitrary, capricious, and discriminatory" in its lawsuit against the regulator. Core Scientific intends to pursue what it feels it is owed by Celsius Mining, the mining affiliate of the troubled crypto lender. Sen. Elizabeth Warren (D-Mass.) and seven other lawmakers are probing Texas' bitcoin mining industry.

Report: SEC Probing Bored Ape Creator Yuga Labs Over Alleged Unregistered Offerings
The U.S. Securities and Exchange Commission (SEC) is probing Yuga Labs, the creator of the Bored Ape Yacht Club non-fungible token (NFT) collection, on whether sales of its digital assets violate federal law, according to a Bloomberg report. "The Hash" hosts discuss how this might shape the future of crypto regulation.

In SEC Lawsuit, Grayscale Calls Spot ETF Rejection ‘Arbitrary, Capricious and Discriminatory’
The legal brief filed Tuesday argues the SEC’s logic for denying Grayscale’s application to convert the Grayscale Bitcoin Trust to a spot bitcoin ETF is “flawed” and “inconsistently applied.”

SEC Rejects WisdomTree Spot Bitcoin ETF; BNY Mellon Starts Crypto Custody Service
The WisdomTree Bitcoin Trust was not approved by the U.S. Securities and Exchange Commission (SEC) on the grounds of lacking investor protection. Plus, the world's largest custodian bank and the oldest lender in the U.S., Bank of New York Mellon, has added cryptocurrencies to its custody services.

SEC Probing Bored Ape Creator Yuga Labs Over Unregistered Offerings: Report
The key legal question at the center of the probe, according to Bloomberg, is whether NFTs are securities.

WisdomTree’s Spot Bitcoin ETF Rejected by the SEC
It's the latest in a string of spot bitcoin ETF denials by the D.C. regulator.

What’s Inside the FSOC’s Long-awaited Report on Crypto Regulation
The Financial Stability Oversight Council published its own report on crypto regulations, calling for Congress to designate a spot market regulator.

US CFTC as Crypto’s Regulatory Savior? Crypto Firms Might Not Like What They Get
The Securities and Exchange Commission is treated as a villain in crypto, but the view of the Commodity Futures Trading Commission as a government ally may not survive the honeymoon, insiders suggest

Bitcoin Investment Firm NYDIG Raised $720M for Digital Asset Fund, CEO Gutmann Departs
Bitcoin investment company NYDIG raised $720 million for its institutional digital asset fund a few days before its CEO Robert Gutmann said he was leaving the company. NYDIG raised the funds from 59 investors at an average contribution of $12 million, the firm said in a filing with the U.S. Securities and Exchange Commission (SEC) last week.


