Today, Grayscale Investments announced a partnership with the UK-based global index provider FTSE Russell to introduce the FTSE Grayscale Crypto Sector Index Series. The index hopes to bring clarity to the fast-growing, yet often misunderstood crypto asset market by offering a structured framework for measuring the performance of different digital assets…. Read More: Grayscale Investments…
Read more
Grayscale CEO Michael Sonnenshein believes cryptocurrency has become a non-partisan issue, claiming that policymakers now acknowledge it’s here to stay. In a recent interview, Sonnenshein said the company is willing to collaborate with the US Securities and Exchange Commission (SEC) to bring about a spot Bitcoin (BTC) exchange-traded fund (ETF). Sonnenshein’s comments came after a recent meeting with lawmakers in Washington DC. ……
Read more
Many prominent crypto commentators are concerned that this will make crypto firms even more reluctant to do business in the United States. Several prominent crypto commentators have criticized the new crypto tax reporting rules recently put forth by United States President Joe Biden. On Aug. 25, to catch crypto users avoiding taxes, the Internal Revenue…
Read more
Crypto asset manager Grayscale believes the next President of the United States will support the development and implementation of a central bank digital currency (CBDC). In a recent blog post, Grayscale argued that the current frontrunners in both political parties have expressed their favorable stance towards CBDCs. … Read More: Crypto Asset Manager Grayscale Predicts CBDC Support from Next US…
Read more
On July 7, 2023, the digital asset manager Grayscale Investments published an update on three of its funds — the Digital Large Cap Fund, the Defi Fund, and the Smart Contract Fund. Although no new tokens were added to two of the funds, Grayscale revealed that it added Lido DAO’s native cryptocurrency and governance token,…
Read more
According to a report citing “people familiar with the matter,” the U.S. Securities and Exchange Commission has allegedly informed Nasdaq and Cboe that Blackrock’s registration for a bitcoin exchange-traded fund (ETF) and the multitude of other spot bitcoin ETF applications currently in progress are considered inadequate. SEC Reportedly Finds Flaw in the Latest Slew of…
Read more
Grayscale Investments, the largest digital currency asset manager by assets under management, made an announcement on May 17 regarding a comment received from the U.S. Securities and Exchange Commission (SEC). According to the SEC, the crypto asset filecoin qualifies as a security under federal securities laws. Consequently, the securities regulator has requested that Grayscale withdraw…
Read more
The US Securities and Exchange Commission determined that Filecoin is a security, according to a statement released by asset manager Grayscale Investments. In a press release sent on Wednesday afternoon, the digital currency asset manager said it had received a comment letter from SEC staff stating that view. … Read More: US SEC Says Filecoin Is…
Read more
On May 9, digital currency fund manager Grayscale Investments announced the establishment of the Grayscale Funds Trust and submitted registration filings for three exchange-traded funds with the U.S. Securities and Exchange Commission. Grayscale Introduces Grayscale Funds Trust and Files for 3 ETFs As the leading digital currency fund manager, in terms of assets under management…
Read more
Elizabeth Warren has long been a crypto-critic, and appears to be making it a focus as her re-election bid kicks off. United States Senator Elizabeth Warren of Massachusetts is making her “anti-crypto” agenda one of the centerpieces of her re-election campaign, despite polls suggesting the majority of Americans think crypto is a key innovation for…
Read more
