SEC delays BTC ETF determination, Grayscale triumphs over SEC and BitBoy will get the boot: Hodler’s Digest, Aug. 27 – Sept. 2

Crypto asset supervisor Grayscale Investments not too long ago scored an enormous win in its battle in opposition to america Securities and Alternate Fee.

In an ongoing effort to transform its Grayscale Belief (GBTC) right into a Bitcoin exchange-traded fund (ETF), the U.S. appeals courtroom choose accepted Grayscale’s argument that the SECs rejection of its latest ETF utility was unfair. The SEC had alleged that the GBTC didnt have sufficient protected practices and fraud safety in place.

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