Legal
Judge brings forward pretrial conference in SEC vs. Coinbase litigation case
The SEC vs. Coinbase pretrial conference will now be heard on July 13, instead of the initially scheduled August 24 date.
Samuel Wan 2 min read
US News
SEC and CFTC actions, state policy, ETFs, startups, and nationwide crypto market trends.
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Tokenization
Revolut delists Cardano, Polygon, and Solana in US market
The SEC identified those assets as securities in cases against Coinbase and Binance.
Regulation
Blockchain Association calls for Gensler’s recusal from crypto enforcement decisions
Blockchain Association senior counsel Marisa Coppel contends that SEC Chair Gary Gensler has already compromised his impartiality on crypto enforcement.
Latest US Crypto News & Analysis
Derivatives
CME Group to offer Ether/Bitcoin ratio futures in July
The derivatives marketplace will roll out the new investment product this summer, pending approval from regulators.
Trading
Fidelity reapplies for spot Bitcoin ETF despite 2022 rejection
Fidelity first filed its application in 2021, but it was rejected by the SEC in January 2022 — along with other spot Bitcoin ETFs.
Politics
Biden extols economic progress in Chicago speech, again criticizing “loopholes for crypto traders” in U.S. tax code
'Bidenomics' was framed as conducive to strong economic growth, sparking push back from Republicans.
Adoption
North Carolina passes bill to explore holding crypto in state treasury
North Carolina lawmakers voted 73-40 in-favor of examining the benefits of crypto and precious metal acquisition.
Analysis
Bitcoin correlation to Nasdaq sinks to 3% low in June
Following a period of close correlation between Bitcoin and the Nasdaq, this week saw a strong decoupling.
Exchanges
Coinbase moves to dismiss SEC charges, describes it as an ‘extraordinary abuse of process’
Coinbase said the SEC made an about-face with its approach to the crypto industry.
