Cardano Price Climbs While SEC Freezes Grayscale GDLC—What’s Next for ADA?
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币界网报道：Cardano (ADA) rises as the SEC halts Grayscale's GDLC fund, citing non-compliance with securities regulations. The SEC's suspension of Grayscale's Digital Large Cap Fund (GDLC) on January 5, 2024, due to failure to meet reporting requirements, has sparked market reactions. ADA, among the fund's holdings, saw a 2.5% price increase, trading at $0.53. Analysts suggest the SEC's move reflects tightening oversight on crypto investment products, potentially influencing broader market sentiment. Grayscale must address compliance issues to resume operations, while investors monitor regulatory impacts on altcoins like ADA.
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