#GRAYSCALE News

Grayscale Drops Filecoin (FIL) Trust Registration Request
u.today Grayscale, one of most overhyped crypto heavyweights of previous bullish rally, is forced to forget about its Filecoin (FIL) trust ambitions Despite SEC's pressure,…

Protocol Labs Defends Filecoin’s Non-Security Status Amid SEC Labeling
beincrypto.com Open-source R&D Lab Protocol Labs has defended Filecoin with respect to the SEC’s statements, saying that the FIL token is not a security. Filecoin developer Protocol Labs…

Crypto firms beefing up legal support amid regulatory crackdown
blockworks.co In response to increased regulatory scrutiny in the US, crypto companies have begun placing a greater emphasis on hiring legal professionals. This follows recent…

Did Barry Silbert safeguard his personal funds at the expense of DCG?
protos.com It’s been alleged that paperwork filed by Digital Currency Group (DCG) and its subsidiaries reveals concerning details about the personal finances of founder Barry Silbert.…

The future of American crypto looks bleak as Gary Gensler declares war
finance.yahoo.com The crypto industry began the week preparing for a congressional hearing that it hoped would pave a path toward new regulatory framework. The chairman of the Securities…

Why Gary Gensler's crusade against crypto could mean the end of Coinbase in the US
fortune.com The crypto industry began the week preparing for a congressional hearing that it hoped would pave a path toward new regulatory framework. The chairman of the Securities…

Cboe Digital Bags CFTC Approval to Trade Bitcoin and Ether Futures
coinspeaker.com Coinspeaker Cboe Digital Bags CFTC Approval to Trade Bitcoin and Ether Futures Cboe Global Markets’ digital asset exchange has received approval to allow users to trade…

A House Bill Would Make It Harder for the SEC to Argue Crypto Tokens Are Securities
finance.yahoo.com A new bill introduced in the House would clarify that a digital asset that is sold as part of an "investment contract" does not necessarily become a security. If passed, the…

CleanSpark Scoops Up 12,500 Bitcoin Mining Machines for $40.5 Million
cryptopotato.com Sustainability-focused Bitcoin mining firm CleanSpark is expanding its ASIC fleet by 12,500 units after investing $40.5 million into new hardware. The added equipment is…

Investment into Crypto Products Dip for First Time in 2023
financemagnates.com The total assets under management (AUM) for crypto investment products declined for the first time this year during this month (May), shedding 8.92% to reach $30.6 billion.…

Digital asset management companies thrive in 2023 despite Bitcoin and Ethereum’s May downturn
cryptoslate.com CCData’s Digital Asset Management Review for May found that Bitcoin, with its finite supply and resistance to governmental control, continues to solidify its position as a…

Why Spot Bitcoin ETF is not guaranteed: Analyst
ambcrypto.com Bloomberg’s James Seyffart believes that Grayscale’s victory against the SEC may not guarantee a Spot […]

GBTC & The SEC Lawsuit with James Seyffart
whatbitcoindid.com James Seyffart is an analyst for Bloomberg Intelligence covering ETFs. In this interview, we discuss the how and why of ETFs, Grayscale’s legal battle with the SEC over the…

MicroStrategy CEO Explains How Bitcoin Can Fight Cybersecurity Threats
beincrypto.com MicroStrategy’s executive chairman, Michael Saylor, discussed the ethical applications of Ordinals Inscription. Saylor also discussed how Bitcoin could combat cybersecurity…

CONSENSUS 2023: In the Eye of the Crypto Storm
art19.com A Consensus 2023 panel with Laura Shin and Michael Sonnenshein. Grayscale’s now-publicly traded bitcoin trust was the original way for U.S. investors to gain exposure to the…