Court reverses SEC ruling on SPIKES futures, calls it “arbitrary and capricious”
The decision relates to an SEC order from 2020 exempting the SPIKES Index from the definition of securities futures.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The decision relates to an SEC order from 2020 exempting the SPIKES Index from the definition of securities futures.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Supreme Court ruling expands presidential authority over FTC, threatens crypto regulator independence
The ruling could lead to increased political influence over regulatory agencies, affecting stability and predictability in financi...
Mystery owner challenges the $200B ‘lost’ Satoshi Bitcoin claim in New York court
A pseudonymous respondent has appeared in New York court to challenge a lawsuit seeking control of over $200 billion worth of long...
Moody’s Flags Quantum Threat to Bitcoin and Digital Assets After Trump Orders
Bitcoin Magazine Moody’s Flags Quantum Threat to Bitcoin and Digital Assets After Trump Orders A pair of executive orders signed b...
xStocks are now eligible as collateral for futures and margin trading on Kraken Pro
TL;DR 10 xStock assets (including SPYx, QQQx, AAPLx, GOOGLx, TSLAx, and NVDAx) are now eligible as collateral for futures and farg...
Supreme Court Overturns Humphrey's Executor, Clearing Trump to Fire SEC and CFTC Commissioners
The Supreme Court ruled Monday that President Trump can fire commissioners at the Federal Trade Commission and other independent a...
Visa Launches Stablecoin Pilot With M-Pesa in DRC to Test Cross-Border Transfers
Visa, M-Pesa and Onafriq have launched a pilot program in the Democratic Republic of Congo using U.S. dollar-pegged stablecoins to...