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Is Voluntary Regulation the Right Approach to DeFi?

The Breakdown

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The SEC Denies Every Application for a Spot Bitcoin ETF

Coinbase has filed an amicus brief supporting Gray scale's lawsuit against the SEC. Other trade and policy groups have also submitted briefs in support of them. The court legal question is whether the SEC has demonstrated bias or favoritism by denying every application for a spot BitcoinETF while approving futures-based ETFs.

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