Crypto may see second wind in the US as courts ‘rein in the SEC’ — Lawyer

“Now that the courts are starting to rein in the SEC a bit, I think theres some hope that the industry is kind of firing up again in the U.S.”In recent months the SEC has been handed a loss in a suit it brought versus a crypto company and also lost a match a crypto firm brought versus it.On Aug. 29 a U.S. District Court judge ruled against the SEC over Grayscale Investments being rejected its application to convert its flagship Bitcoin (BTC) fund into an exchange-traded fund. Dimitropoulos (center-left), McLaughlin (center-right) and Leung (right) speaking on a panel relating to crypto policy.”Magazine: Crypto regulation– Does SEC Chair Gary Gensler have the final say?Additional reporting by Tom Mitchelhill.

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“Now that the courts are starting to rein in the SEC a bit, I think theres some hope that the market is kind of firing up again in the U.S.”In current months the SEC has been handed a loss in a match it brought against a crypto company and also lost a match a crypto company brought versus it.On Aug. 29 a U.S. District Court judge ruled versus the SEC over Grayscale Investments being rejected its application to convert its flagship Bitcoin (BTC) fund into an exchange-traded fund. Dimitropoulos (center-left), McLaughlin (center-right) and Leung (ideal) speaking on a panel regarding crypto regulation.”Dimitropoulos pointed to brand-new regulatory structures in Hong Kong and the European Union as evidence Australias crypto policies were falling behind.”Magazine: Crypto regulation– Does SEC Chair Gary Gensler have the last say?Additional reporting by Tom Mitchelhill.