SEC to Add Staff as It Ramps Up Anti-Crypto Scam Efforts
The U.S. securities regulator plans to hire another 20 people to police coin offerings, non-fungible tokens and decentralized finance. The U.S. Securities and Exchange Commission…
Tag: SEC
SEC Approves Teucrium’s Bitcoin Futures ETF
Teucrium’s approval may hint at a future spot bitcoin ETF approval. The U.S. Securities and Exchange Commission has allowed NYSE Arca and Teucrium to issue…
MicroStrategy Takes $147M Impairment Charge on Bitcoin Holdings in Q4
The software firm recently told the SEC it would revise its disclosures related to adjustments for impairments on its digital assets. MicroStrategy (MSTR) reported a…
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…
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.…