Grayscale seeks ETF status for multi-asset fund with S-3 form filing The final deadline for a SEC decision on the GDLC conversion is set to July 2. Grayscale filed an S-3 Form with the US Securities and Exchange Commission (SEC) on April 1 to register its multi-asset Grayscale Digital Large Cap Fund (GDLC) as an exchange-traded fund (ETF).
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USDT and Regulatory Challenges USDT has long been under regulatory scrutiny due to concerns over its reserves and transparency. In recent years, governments and financial authorities have pushed for stablecoin regulations, requiring issuers to provide clearer proof of asset backing. Tether claims that each USDT is fully backed by reserves, including cash and other financial assets, but critics argue that past audits lacked transparency.
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Argentine lawyer seeks Interpol Red Notice for Hayden Davis over Libra token scandal Davis played a key role in the launch of Libra token and had described its collapse as a business failure. Argentine lawyer Gregorio Dalbon has reportedly called on Interpol to issue a Red Notice for crypto entrepreneur Hayden Davis, linking him to the collapse of the Libra memecoin.
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