SEC opts against appealing Grayscale

SEC opts against appealing Grayscale ruling

According to a Bloomberg report on Saturday, Seyffart added that dialog between Grayscale and the SEC “is going to open up” following the U.S. regulator’s decision not to appeal a high-profile ruling involving Grayscale Investments. On Friday, Reuters reported the SEC opted against appealing an August court ruling that said its rejection of Grayscale’s ETF proposal was “arbitrary and capricious.” The move could have broad implications for future SEC spot bitcoin ETF decisions.


This people and their wahala ehn

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