Tag Archives: sec

UK-based asset management company Brevan Howard has revealed details of its $1-billion crypto hedge fund that has been in the news lately. $1 Billion Crypto Fund   In a statutory filing with US Securities and Exchange Commission (SEC), Braven Howard, a global asset manager with $25 billion in assets under management (AUM), provided details of two sub-entities that together raised over $210 million towards its planned $1 billion crypto hedge fund. Digital Asset Multi-Strategy...

The U.S. Securities and Exchange Commission (SEC) has charged 11 individuals for their roles in an alleged crypto Ponzi scheme that may have taken as much as $300 million from investors. A Crypto Ponzi Scheme Has Been Shut Down The Ponzi scheme – which operated under the name Forsage – had been in operation for more than two years at the time the charges were filed. The founders – along with several individuals that had been hired as promoters – were then thoroughly...

Coinbase – one of the world’s largest and most powerful digital currency exchanges – is not happy with the Securities and Exchange Commission (SEC), claiming the agency has not implemented efficient crypto regulations. The company has now filed a petition criticizing the organization and calling for fair regulation within America’s legal spectrum. Coinbase Isn’t too Happy with the SEC Faryar Shirzad – chief policy officer at Coinbase – explained in a recent statement...

Coinbase is one of the world’s largest and most powerful cryptocurrency exchanges, but lately, it’s having a hard time. Coinbase Is Being Looked at by the SEC Things started out rough a few months ago when the company announced it was going to be enforcing a hiring freeze due to the ongoing crypto winter. Initially, 2022 was going to be the year in which the exchange rose to new heights and practically tripled its workforce, but crashing prices ultimately brought an end...

Coinbase ist eine der grössten Bitcoin-Börsen der Welt. Coinbase ging vor kurzem erfolgreich an die Börse. Kurzum, Coinbase ist eines der grössten Aushängeschilder der Bitcoin Community. Und nun kommt’s: Coinbase entlässt 1’100 Angestellte, also rund 18% der ganzen Belegschaft. Dies geht aus einem aktuellen Bericht der US-Finanzmarktaufsicht SEC hervor. Aktien-Preis heute 51 US-Dollar Coinbase ist einer der grössten Profiteure des aktuellen...

The Securities and Exchange Commission (SEC) is hiring several new faces for its agency to examine cryptocurrency activities. These individuals and many others will be tasked with fighting illicit behavior in the space and ensuring all crypto trading occurring within America’s borders is clean and regulated. The SEC Is Looking to Police Crypto Activity Thus far, the SEC says it’s looking to add roughly 20 new positions to its cryptocurrency department. These positions...

The Chairman of the United States Securities and Exchange Commission (SEC) – Gary Gensler – opined the turbulence in the digital asset market has not ceased with Terra’s fiasco. He predicted that a lot more coins will “fail,” which will harm an additional number of investors. The Turmoil is Not Over Yet The cryptocurrency market has significantly declined in the last few weeks. Bitcoin, for one, is down by over 25% in the past 14 days. However, all eyes were on Terra’s native...

The policymaker has continued to stake a claim for the crypto asset industry for his agency tasked with regulating securities in the United States. According to Gensler, cryptocurrencies should be regulated the same way as securities. In a speech on reducing risk and increasing transparency of derivatives at the International Swaps and Derivatives Association Annual Meeting on May 11, he said: “Most crypto tokens involve a group of entrepreneurs raising money from the public...

Grayscale – the world’s largest Bitcoin fund – reportedly met with the Securities and Exchange Commission (SEC) in private last week. The company argued that the commission should approve its transition into a Bitcoin Spot ETF to unlock over $8 billion in value for its investors. Why Convert Grayscale? In a presentation shared with CNBC, Grayscale claimed that a Bitcoin spot ETF would be “no riskier than a Bitcoin futures ETF”. The company believes that both spot and futures...

The US Securities and Exchange Commission has approved yet another proposal for a futures Bitcoin ETF. According to the official document, Valkyrie’s XBTO Bitcoin Futures Fund is the latest such product to have secured approval from the SEC. Valkyrie XBTO Bitcoin Futures Fund was first filed in August 2021, and its approval follows that of Teucrium. However, the launch date has not been disclosed yet. Unlike its Canadian, European, and Latin American counterparts, the US...