Grayscale Reacts to SEC Action On XRP ETF

Grayscale Reacts to SEC Action On XRP ETF

Grayscale Investments has responded to the U.S. Securities and Exchange Commission’s (SEC) sudden decision to delay the launch of its Digital Large Cap Fund (GDLC) as an exchange-traded fund (ETF), describing the move as unexpected and indicative of a rapidly evolving regulatory climate. The announc...

TradFi Giants Urge SEC To Implement Clear And Transparent Crypto Regulations

The U.S. Securities and Exchange Commission (SEC) is being pushed by big players in traditional finance (TradFi) who manage trillions of dollars in assets to make cryptocurrency rules plain and easy to understand.  Cryptopolitan reports that companies like BlackRock and Fidelity think that clear rules are necessary for digital assets to be used in conventional finance as the crypto industry evolves. This initiative is part of a larger trend in w…