Binance Continues to Draw Attention Amid Bitcoin ETF Developments

Amid the billion-dollar fine imposed on Binance and the resignation of CEO Changpeng Zhao, attention has shifted towards a positive development related to Bitcoin ETFs. Grayscale, a company with a pending Bitcoin ETF application, recently engaged in discussions with the U.S. Securities and Exchange Commission (SEC). This meeting signifies a potential breakthrough in the listing…

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SEC’s Deadline for Challenging the ETF Decision Approaches

The United States Securities and Exchange Commission (SEC) faces a deadline for appealing the court decision. The court ruled in favor of Grayscale Investments. This deadline applies to Grayscale’s application to convert its Grayscale Bitcoin Trust (GBTC) into a spot Bitcoin ETF. Although many believe the SEC won’t challenge the court’s decision, analysts speculate the…

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