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Crypto Lawsuits and ETF Races: Bittrex Challenges SEC, Fidelity Joins Bitcoin ETF Race

1 min read
Source: CryptoGlobe
TL;DR

Bittrex, a major cryptocurrency exchange, has decided to contest the SEC's complaint against it, with the support of legal experts. The SEC charged Bittrex for operating an unregistered national securities exchange and alleges that the exchange coordinated with issuers to delete problematic statements. Bittrex has filed a motion to dismiss the complaint while also extending support for popular cryptocurrencies, including XRP, ADA, and DOGE, with zero-fee trading. The decision to fight back is seen as a positive development, and Bittrex's defense could set a precedent for other exchanges facing similar challenges from the SEC.

Topics:businesscryptocurrency#bittrex#cryptocurrency#cryptocurrency-exchange#legal-battle#regulatory-scrutiny#sec
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  1. Bittrex Challenges SEC: Legal Expert Analysis  CryptoGlobe
  2. SEC Wants Four Months To Make A Recommendation On Coinbase’s Call For Crypto Clarity  ZyCrypto
  3. Bittrex challenges SEC's authority in crypto lawsuit, seeks dismissal  Cointelegraph
  4. Fidelity Joins Spot Bitcoin ETF Race; Bitcoin Hovers Around $31K After Options Expiry  CoinDesk
  5. Cryptofinance: A stake in Coinbase's future  Financial Times

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