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CeFiWire · Sep 5, 2023

CeFiWire Most Read for September 1: The SEC Smashes the "Delay" Button

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CeFiWire · CeFiWire

After Grayscale won its victory in court, the Securities and Exchange Commission waited until the end of last days of the slowest news week of the year to make its latest decision on the handful of pending Bitcoin ETP registrations.

It delayed them for another 45 days.

Those awaiting a decision mark mid-October for the next SEC action on the decision. And don’t be surprised if the regulators smash the “delay” button once again.

— Sean Hanna, Editor

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Yet another company is wrapping a BlackRock ETF in a security token to create a parking spot for Web3 company idle cash. (August 30, 2023)

Spot bitcoin ETFs could open the advisor market to DLT-based investments. U.S. advisors control more than $30 trillion of financial assets.

A startup 401(k) plan recordkeeper loses its challenge against the DoL crackdown on Bitcoin in retirement plans. (August 31, 2023)

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