On August 29, the U.S. Court of Appeals for the D.C. Circuit ruled that the Securities and Exchange Commission (SEC) must review Grayscale Investments’ application to convert its “Grayscale Bitcoin Trust” product to a spot Bitcoin ETF.
The U.S. Department of Justice (DOJ) seeks to prevent all seven expert witnesses proposed by Sam Bankman-Fried (SBF) from testifying in the FTX trial scheduled for October. The DOJ's filings argue that these witnesses, including a British lawyer, four consulting firm leaders, a law professor, and a business school assistant professor, do not meet the minimum qualifications for criminal proceedings.
Binance, the world's largest crypto exchange, has announced the launch of 'Send Cash' in Latin America. This new feature will enable users in nine countries within the region to transfer cryptocurrency to bank accounts quickly, easily, and cost-effectively via Binance Pay.
Top Stories in the Crypto Roundup today:
- Appellate Court Says SEC’s Rejection of Grayscale’s Bitcoin ETF Proposal Was 'Arbitrary and Capricious'
- DOJ Seeks to Exclude Sam Bankman-Fried's Expert Witnesses in Upcoming FTX Trial
- Binance Unveils 'Send Cash' Feature for Seamless Crypto-to-Bank Transfers in Latin America