Photo of Akua Asare-Konadu

Before enrolling in law school, Akua worked as a legislative assistant to Washington State Senator Rebecca Saldana. She has also worked as a session aide, a legislative fellow, a state senate and federal house intern, and a regional field director for a U.S. Senate campaign.

On January 10, the Securities and Exchange Commission gave the green light to 11 issuers that applied for bitcoin exchange-traded funds (ETFs). After a false announcement and a course change due to the ruling in Grayscale Investments, LLC v. SEC, the SEC approved spot Bitcoin ETFs for ARK 21Shares, Invesco Galaxy, VanEck, WisdomTree*, Fidelity, Valkyrie, BlackRock, Grayscale, Bitwise, Hashdex, and Franklin Templeton. In a statement made with the release, SEC Chair Gary Gensler stated “[t]hough we’re merit neutral…bitcoin is primarily a speculative, volatile asset”.Continue Reading SEC Approves 11 Spot Bitcoin Exchange-Traded Products

BarnBridge and its founders Tyler Ward and Troy Murray allegedly sold unregistered SMART Yield bonds, which the SEC considers crypto asset securities.  Respondents also were charged with violations stemming from operating BarnBridge’s SMART Yield pools as unregistered investment companies. BarnBridge agreed to disgorge $1,457,000 from the sale and Ward and Murray agreed to civil penalties of $125,000 each.Continue Reading BarnBridge, and its Founders Tyler Ward and Troy Murray, Will Pay $1.7 Million for Unregistered SMART Yield Bond Sales