SEC Label Filecoin As Security, Urges Grayscale To Pull Out Registration Application

<a href="https://www.tronweekly.com/sec-filecoin-security-grayscale/" title="SEC Label Filecoin As Security, Urges Grayscale To Pull Out Registration Application" rel="nofollow"><img width="300" height="158" src="https://ethereumreader.com/wp-content/uploads/2023/05/sec-label-filecoin-as-security-urges-grayscale-to-pull-out-registration-application.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="SEC Label Filecoin As Security, Urge Grayscale To Pull Out Registration Application" decoding="async" style="display: block; margin-bottom: 5px; clear:both;max-width: 100%;" link_thumbnail="1" srcset="https://ethereumreader.com/wp-content/uploads/2023/05/sec-label-filecoin-as-security-urges-grayscale-to-pull-out-registration-application.jpg 300w, https://ethereumreader.com/wp-content/uploads/2023/05/sec-label-filecoin-as-security-urges-grayscale-to-pull-out-registration-application-1.jpg 1024w, https://ethereumreader.com/wp-content/uploads/2023/05/sec-label-filecoin-as-security-urges-grayscale-to-pull-out-registration-application-2.jpg 768w, https://ethereumreader.com/wp-content/uploads/2023/05/sec-label-filecoin-as-security-urges-grayscale-to-pull-out-registration-application-3.jpg 1536w, https://www.tronweekly.com/wp-content/uploads/2023/05/kanchanara-TU1XHpTfcvg-unsplash-e1684393773120.jpg 1600w" sizes="(max-width: 300px) 100vw, 300px" title="SEC Label Filecoin As Security, Urges Grayscale To Pull Out Registration Application 1"></a>According to SEC, Filecoin, or FIL, satisfies the definition of security, and as a result, it appears that the Grayscale Investments Trust meets the definition of an investing business. And as such, the federal regulator requested Grayscale to withdraw the registration statement at the earliest. The top crypto asset manager rolled out Grayscale Filecoin Trust […]