The Securities and Exchange Commission (SEC) appears to be getting nearer to approving Solana (SOL) spot Exchange-Traded Funds (ETFs). This is an exciting development and huge progress for the overall crypto market. Meanwhile, the SEC has requested Solana spot ETF issuers to make amendments to their S-1 filings. This rulemaking...
The Securities and Exchange Commission (SEC) has recently requested that issuers of proposed spot Solana exchange-traded funds (ETFs) update their S-1 filings. On one hand, many assume this is a precursor to approval of these new investment vehicles coming soon. The buzz and excitement continues to grow as we get...
The SEC is actually considering Solana? At least that’s the rumor mill, and economists over at Bloomberg are nearly over-the-moon, putting a 90% chance of approval on a Solana spot ETF. But before we start the celebration, let’s look at some unintended consequences. Are we truly paving a road to...
Let's be blunt: The Biden administration's approach to crypto regulation feels like using a sledgehammer to crack a nut. While the intention – protecting consumers and maintaining financial stability – is laudable, the execution, spearheaded by SEC Chair Gary Gensler, has been a masterclass in regulatory overreach. It's regulation by...
As this blog has discussed many times, cryptocurrency regulation in the United States is in constant flux. The crypto community was recently abuzz over the possible appointment of former CFTC Commissioner Brian Quintenz to a key WH regulatory post. Quintenz, as you likely know, is a tech-first, pro-innovation Commissioner. His...
Brian Quintenz has very deep roots in the cryptocurrency space. He is President Trump’s nominee to become Chairman of the Commodity Futures Trading Commission (CFTC). The nomination is a strong indicator of the forthcoming shift in the regulatory landscape for digital assets. Quintenz’s confirmation hearing is scheduled to be held...
What was once an arena of innovation and cryptocurrency financial freedom has become the Wild West for organized crime. Isolated national regulations are just not cutting it, especially against increasingly sophisticated tactics used by cybercriminals. The Huione case illustrates an important truth. It underscores the urgent need for a unified...
Bitcoin is at a fascinating crossroads, experiencing a surge in adoption and institutional investment while simultaneously facing increasing regulatory scrutiny and security concerns. Amidst the excitement and innovation, there’s a confusing new landscape for investors and advocates, requiring sober judgment about the promise and perils that lie ahead. This article...
Ripple's donations to Donald Trump, Russia's crypto platform for investors, crypto firms pursuing U.S. banking licenses, DeGods' trading surge, and Kyrgyzstan's collaboration with Binance highlight the latest developments in the cryptocurrency space. Taken together, these events are indicative of a larger, more dynamic shift in the global landscape of digital...
BlackRock, one of the world's largest asset managers, has been actively engaging with the U.S. Securities and Exchange Commission (SEC) on critical aspects of the cryptocurrency market. Our conversations largely center on crypto Exchange-Traded Products (ETPs), staking, and tokenization. Taken together, they signal a big change in how we will...
