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False reports claimed the SEC approved BlackRock’s BTC ETF, but the SEC cautioned against unverified sources.
The SEC has had multiple legal confrontations with crypto entities, including losses to Ripple and Grayscale and lawsuits against Binance and Coinbase.that the US Securities and Exchange Commission has said “yes” to BlackRock’s application to launch a spot BTC ETF in America, triggered a price rally for the primary cryptocurrency and overall excitement in the entire sector.He claimed that an Appellate Court found the SEC to be “arbitrary and capricious.
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