Tag Archives: sec

CoinspeakerSouth Korean Regulators to Consult SEC on Bitcoin ETFs The meeting with the SEC is now another step in South Korea's journey of developing its local crypto economy. South Korean Regulators to Consult SEC on Bitcoin ETFs

Hester Peirce, a commissioner for the United States Securities and Exchange Commission (SEC), has expressed her disagreement with the agency’s denial of a petition to amend a rule that prevents defendants from denying any allegations in settlement enforcement actions. According to an official statement from the commissioner, popularly known in the digital asset community as “Crypto Mom,” the prohibition of denials from defendants prohibits the American public from lodging...

CoinspeakerBankrupt Crypto Lender Genesis Global Settles SEC Lawsuit in $21M The Settlement Agreement is the product of extensive negotiations between the SEC and Genesis Global. Also, the penalty payment will happen if Genesis completely repays its customers and creditors. Bankrupt Crypto Lender Genesis Global Settles SEC Lawsuit in $21M

CoinspeakerEl Salvador to Maintain Support for Bitcoin Post-Election The vice president added that if reelected, Bukele’s government will proceed with plans to launch Bitcoin-backed bonds this quarter. El Salvador to Maintain Support for Bitcoin Post-Election

As stated in an SEC filing on Tuesday, the ETF provider Global X has withdrawn its application for a spot in Bitcoin ETF. The CBOE BZX Exchange submitted a notice of withdrawal for the Global X Bitcoin Trust on January 26, roughly two weeks after the SEC approved 11 other spot Bitcoin ETFs. Global X Withdraws Application The Global X Bitcoin Trust’s initial application was submitted in August 2023, and despite two extensions for consideration in September and November, the...

CoinspeakerTerraform Bankruptcy Protection to Help Appeal SEC Lawsuit, Chris Amani Says Terraform Labs believes that a self-funded Chapter 11 filing is the optimal path forward, providing the necessary breathing room to pursue the appeal, continue its software development business, and sustain LUNA’s value for stakeholders. Terraform Bankruptcy Protection to Help Appeal SEC Lawsuit, Chris Amani Says

CoinspeakerInvesco, Galaxy Cut Fees on Spot Bitcoin ETF in Bid to Attract Investors This fee war started before spot Bitcoin ETFs were approved, with issuers lowering their costs even then. Invesco, Galaxy Cut Fees on Spot Bitcoin ETF in Bid to Attract Investors

CoinspeakerSEC Slams HyperVerse Founders for Crypto Fraud and Raising $2B in Ponzi Scheme As per the SEC, Chunga individually accumulated approximately $3.7 million from investors' funds, spending it on personal luxuries like a BMW, designer clothing, and a $1.2 million residence in Maryland. SEC Slams HyperVerse Founders for Crypto Fraud and Raising $2B in Ponzi Scheme

CoinspeakerBinance Officially Allows Large Customers to Keep Assets with Independent Custodians Eligible Binance customers can now use independent custodians to keep their assets instead of holding them on the Binance exchange. Binance Officially Allows Large Customers to Keep Assets with Independent Custodians

CoinspeakerCrypto Community Awaits Bitcoin ETF Ads as Google Updates Its Policies Bitcoin ETFs may see massive inflows from Google's high transaction processing capability. Crypto Community Awaits Bitcoin ETF Ads as Google Updates Its Policies