Regulatory Battle: Grayscale Challenged by SEC's Designation of Filecoin as Security
Grayscale Investments, the largest digital currency asset manager by assets under management, made an announcement on May 17 regarding a comment received from the U.S. Securities and Exchange Commission (SEC). According to the SEC, the crypto asset filecoin qualifies as a security under federal securities laws.
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Timeline of Filecoin
Security Token: the SEC rejects the Grayscale Filecoin Trust - The Cryptonomist
The US Securities and Exchange Commission (SEC) is back on the attack on the security token front, this time rejecting the Grayscale Filecoin Trust's application for registration.
SEC categorizes filecoin as security; Grayscale faces regulatory challenge - Crypto news
Greyscale has now fallen into te SEC's radar after the watchdog made an move on filecoin which could affect Grayscale filecoin trust. According to the SEC filecoin can be regarded as a security.
Filecoin Under the Scanner: Grayscale Investors Alarmed by SEC's Security Classification - Coinnounce
The SEC's recent classification of Filecoin as a security has raised eyebrows among Grayscale investors and the wider crypto market. This development adds a new twist to the ongoing debate about the regulatory status of cryptocurrencies, potentially influencing future regulatory decisions.
FIL Up 3% Despite the US SEC Calling Filecoin A Security | Coingape - Coingape
FIL, the native cryptocurrency of the decentralized storage system Filecoin is up by 3% over the last 24 hours and is currently trading at $4.61 with a market cap of $1.9 billion. The recent up move in FIL comes despite the U.S. Securities and Exchange Commission (SEC) calling Filecoin a security.
SEC Ramps Up Regulatory Action, Rules Filecoin's Token A Security - Benzinga
The Securities and Exchange Commission (SEC) announced on Wednesday that it considers Filecoin's token (CRYPTO: FIL) a security. What Happened: This decision comes after Grayscale Investments launched its Grayscale Filecoin Trust in March 2021, providing investors with indirect exposure to FIL.
SEC clarifies Filecoin's FIL token as security, Greyscale pushes back - Cryptopolitan
The world of digital currencies has been hit with another shockwave as the U.S. Securities and Exchange Commission (SEC) enters yet another dispute over the classification of a major cryptocurrency.
SEC deems Filecoin a security, asks Grayscale to withdraw trust registration - CryptoSlate
Grayscale said May 17 that the U.S. Securities and Exchange Commission (SEC) asked it to withdraw the registration statement for its Filecoin Trust. The SEC told Grayscale that Filecoin's FIL token meets the definition of a security under the relevant laws.
Filecoin price analysis: FIL consolidates with clear bearish pressure at $4.42 - Cryptopolitan
The latest assessment of the Filecoin price analysis indicates a bearish trend as the cryptocurrency faces yet another decline. Following a downward trajectory for two days, the price has now dropped to $4.42.
Filecoin price prediction as it moves to challenge AWS, Azure - Invezz
Filecoin (FIL) price has come under pressure in the past few weeks as concerns about the platform continues. FIL dropped to a low of $5.26, which is about 44% below the highest point this year.
Filecoin Price Analysis: FIL resurges at $5.30 as bullish impulse returns - Cryptopolitan
The recent Filecoin price analysis shows that the asset has been on a bullish impulse as its price surged by 0.59% over the past 24 hours to hit $5.30 at press time. The past few hours have been highly encouraging for the buyers, as the price glided past the $5.20 support level with relative ease.
