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Crypto was ready to have its moment in Washington. But the SEC’s hesitation to green-light a new crypto product from ...
Even if Grayscale wins the case, however, that doesn’t necessarily mean its ETF application will be approved. “The court’s language will be key,” writes Stein.
Gary Gensler’s SEC rejected Grayscale’s application for a spot bitcoin ETF in June 2022, arguing the proposal did not meet anti-fraud and investor protection standards. REUTERS ...