Bitcoin ETF options have a clear path

According to Erik Balchunas, this was the “second hurdle” to approving Bitcoin ETF options. An ETF option gives you the right, but not the obligation, to buy or sell an ETF. The US Commodity Futures Trading Commission (CFTC) announced that it is withdrawing from any role in clearing spot ETF options, paving the way for…

18 US states sue SEC for persecution of Bitcoin industry

They allege that the SEC has violated the rights of states to regulate their economies. The agency has committed “serious government overreach,” the lawsuit says. This Wednesday, 18 US states filed a lawsuit against the Securities and Exchange Commission (SEC) and its commissioners, accusing them of unconstitutional overreach and unfair persecution of the cryptocurrency industry…

“It has been a great honor”

Gary Gensler, chairman of the United States Securities and Exchange Commission (SEC) since April 2021, delivered a speech during the Practicing Law Institute’s 56th annual securities regulation conference, which many interpreted as a sign of his imminent departure from the agency. In your interventionGensler called the SEC an “extraordinary agency” and He expressed his gratitude…