Grayscale Calls SEC’s Disapproval of Spot Bitcoin ETFs ‘Unreasonable’; Crypto Layoffs Continue

Jan 13, 2023

In a new court filing, digital asset management company Grayscale blasted the U.S. securities regulator for its "illogical" and "fundamentally unreasonable" argument against approving a spot bitcoin exchange-traded fund (ETF). Grayscale and CoinDesk are both owned by parent company DCG. Plus, the latest developments on layoffs plaguing the crypto industry.

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