Grayscale sues SEC after rejected bid to show bitcoin fund into ETF

The SEC on Wednesday rejected Grayscale’s application for a spot bitcoin ETF, citing the investment manager’s failure to respond to questions about concerns surrounding market manipulation. Nurphoto | Nurphoto | beautiful pictures Grayscale, the world’s largest bitcoin fund manager, said it will sue the US Securities and Exchange Commission after regulators rejected an attempt to … Read more

Incapacity to renew withdrawals on Thursday

Bitcoin and other cryptocurrencies are in free fall. Dan Kitwood | beautiful pictures CEO Mark Lamb said it may not allow customers to withdraw funds on Thursday as originally planned. “We’ll need more time. And it’s unlikely that withdrawals will be reactivated tomorrow,” Lamb told CNBC. However, CoinFlex is in talks with a number of … Read more