Thailand’s Oldest Bank Acquires Majority Stake in Country’s Largest Crypto Exchange
SCB paid $536.6 million for a 51% stake in Bitkub. Siam Commercial Bank (SCB) has acquired a 51% stake in Thai cryptocurrency exchange Bitkub. Thailand’s…
Tag: SEC
ProShares Bitcoin Futures ETF to Start NYSE Trading on Tuesday
The SEC gave the go-ahead for bitcoin futures ETFs at the end of last week. ProShares will launch a bitcoin futures exchange-traded fund (ETF) tomorrow,…
SEC Threatened to Sue Coinbase Over Lending Product, CEO Says
The securities regulator is threatening to sue Coinbase should the exchange launch its Lend product, Brian Armstrong claimed in a Twitter thread. U.S.-based cryptocurrency exchange…
Morgan Stanley Loads Up on $240 Million in Grayscale Bitcoin Shares
Morgan Stanley’s recent purchases would make the investment bank the second-largest holder of Grayscale Bitcoin Trust (GBTC). In brief Morgan Stanley is one of the…
SEC Needs Clear Authority Over Crypto Platforms, Gensler Says
The SEC chair spoke of the agency’s desire to “stitch together” consumer protection for tokens sold as securities and tokens sold as commodities. The U.S.…
SEC Further Delays WisdomTree Bitcoin ETF Decision
The SEC instituted proceedings on whether to approve the WisdomTree bitcoin ETF application, effectively delaying any firm decision by a few months. The U.S. Securities…
US House Passes Bill to Require Financial Regulators to Set Up Digital Assets Working Group
The Eliminate Barriers to Innovation Act of 2021 seeks to establish a digital asset working group with representatives from the SEC and CFTC. The U.S.…
Coinbase’s Financials Are Now Public Ahead of Stock Market Listing
The crypto exchange’s S-1 Form is now live, revealing key details before Coinbase stock hits the market. Crypto exchange Coinbase is officially going to become…
First North American Bitcoin ETF Approved by Canadian Securities Regulator
The first publicly traded bitcoin exchange-traded fund (ETF) in North America has been given the go-ahead by Canada’s financial regulator. According to a decision document on Thursday,…
Crypto Lender BlockFi Registers Bitcoin Trust With SEC
BlockFi is the latest firm to go up against Grayscale’s behemoth bitcoin trust. BlockFi, a major hub for crypto lending, appears to be increasing its…