“SEC Requests Authorized Participant Agreement for Bitcoin ETF Shares in Coming Days” – CoinDesk

“SEC Requests Authorized Participant Agreement for Bitcoin ETF Shares in Coming Days” – CoinDesk

Imminent Approval of U.S. Bitcoin ETF Boosts Crypto Market Optimism The SEC has requested that issuers make their authorized participant agreements available, which outlines the role of creating and redeeming ETF shares. This role will be particularly challenging for bitcoin ETF authorized participants, requiring knowledge of digital assets, safekeeping and custody, due diligence for anti-money-laundering … Read more

New Filing by Binance.US Labels SEC’s Court Requests as ‘Unreasonable’

New Filing by Binance.US Labels SEC’s Court Requests as ‘Unreasonable’

Binance.US calls SEC’s court requests ‘unreasonable’ in new filing Binance.US, the cryptocurrency exchange operated by BAM Trading Services, has responded to the United States Securities and Exchange Commission’s (SEC) motion to compel, calling the requests “unreasonable” and “unduly burdensome.” The attorneys for BAM argued that the SEC’s requests for additional details from Binance.US were overly … Read more