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Join Our Telegram channel to stay up to date on breaking news coverage Grayscale, the world&rsquo ;s largest digital asset management company, has filed an opening brief against the US Securities and Exchange Commission. The digital asset manager is suing the SEC for denying its conversion of the Grayscale Bitcoin Trust to a spot Bitcoin exchange-traded fund (ETF). Grayscale files opening brief against SEC Grayscale filed its opening legal brief on October 11 at the US Court of Appeals in the District of Columbia Circuit. In the opening brief, the digital asset management company claimed that the SEC’s refusal to approve its Bitcoin ETF was “arbitrary, capricious, and discriminatory.” Grayscale has also argued that the Bitcoin futures ETFs approved by the SEC generated their prices depending on the same indices as a spot Bitcoin ETF. The digital asset manager also said that the SEC could not provide a rational argument that Bitcoin futures ETFs do not have t...

Join Our Telegram channel to stay up to date on breaking news coverage Has crypto actually found a solution to the carbon issue, or is this just wishful thinking? Cryptocurrencies have long been portrayed as the villains of fairytale climate stories who abuse ever-increasing power for what appears to be the benefit of a select few. The narrative has now changed direction. The second-largest cryptocurrency in the world, Ethereum, has disclosed changes to its multi-billion dollar operations that should lower its overall energy consumption by almost 99%. Could this indicate that cryptocurrency is beginning to evolve into the decentralized system that its proponents have long claimed it will be, revolutionizing banking, economics, and perhaps even environmental policy? Or will everything resume as usual when twelve o’clock rolls around? Crypto Is Beginning to Get Green 1. Less emissions and fewer calculations Traditional cryptocurrency may have been created by the fossil fu...