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Cryptocurrency Asset Firm Grayscale Sues SEC for Blocking Bitcoin ETF

Cryptocurrency Asset Firm Grayscale Sues SEC for Blocking Bitcoin ETF

A firm billing itself as the world’s largest cryptocurrency asset manager has filed a legal challenge against US securities regulators after they denied an application to list a Bitcoin-focused fund on the stock exchange.

Grayscale filed a petition with a federal appeals court on Wednesday, after the Securities and Exchange Commission (SEC) said the proposed fund did not meet the requirements for investor protection and lacked sufficient…


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