Securities and Exchange Commission (SEC)

On April 29, Thailand’s Securities and Exchange Commission (SEC) issued a warning to crypto exchanges operating in the country, urging them to refrain from glamorizing crypto investments and adhere to prescribed advertising standards, as per a report from Bangkok Post. Anek Yooyuen, Deputy Secretary-General of the Thai SEC, expressed the commission’s concern about crypto exchanges […]

Financial Literacy Month come­s bearing an important caution from Michigan Attorney Gene­ral Dana Nessel—crypto scams are­ a growing menace. Nesse­l has re-issued an alert saying, “Cryptocurrency! What is it? What are the Risks?” highlighting digital currencies’ precarious nature amid marke­t turbulence. “During Financial Literacy Month, it’s crucial to understand the risks associated with cryptocurrency. While it […]

In a recent development, the Securities and Exchange Commission (SEC) has once again delayed its decision regarding the proposed Grayscale Ethereum Futures Trust exchange-traded fund (ETF), as detailed in a recent filing. In the filing published on March 22, the SEC announced an extension of the deadline from March 31 to May 30 to determine whether […]

The Securities and Exchange Commission (SEC) has postponed its decision to approve the Hashdex Nasdaq Ethereum (ETH) exchange-traded fund (ETF). If approved, the Hashdex ETF will hold spot Ether and futures contracts. In a notice filed on Tuesday, the SEC stated that it would extend its decision deadline to May 30, 2024. The SEC explained, […]

Grayscale’s Chief Legal Officer, Craig Salm, has announced that the company has submitted a revised Form 19b-4 for its Ethereum Trust to the U.S. Securities and Exchange Commission (SEC). Salm considers the move a crucial step in Grayscale’s effort to upgrade ETHE to start trading on the New York Stock Exchange (NYSE) Arca. In his […]

South Korea’s ruling party, the People Power Party, is considering postponing the implementation of crypto investment income tax for another two years during the upcoming election campaign in April, according to a local media report. Aligning with the right-wing party’s “taxation after selection fee” principle for virtual assets. Under the principle, the party preserves the […]

A crypto trading course instructor is facing charges from the United States securities regulator. The charges allege that the instructor misled 15 students into investing $1.2 million in a hedge fund that promised to generate large profits. He reportedly took the funds but failed to launch the investment fund despite his claims to use cutting-edge […]

Coinbase Global Inc. chief executive officer’s resurging affluence is buoying his rising influence as Armstrong put some of his fortune to work to help fund what he calls a “war chest” to support crypto-friendly politicians as the industry remains pressured by a US government crackdown that began last year. A $1 million donation to Fairshake […]

Matrixport research predicted that Bitcoin would drop to the support level of $36,739 in a January 26 report. The report also stated that the price is expected to rebound from this support level, given the overall supportive liquidity and macro environment. Bitcoin actively seeks market momentum after securing Exchange Traded Fund (ETF) approval. Matrixport’s Forecast […]