Pat Toomey attributes crypto-ending platform crisis to SEC
A senator who supports cryptocurrency thinks SEC enforcement-based regulatory strategy is counterproductive. Senator Pat Tomey, well-known for his outspoken support of the cryptocurrency sector, claims that the Securities and Exchange Commission (SEC) of the United States could have stopped the loss of $12 billion in assets by investors who relied on Celsius, a platform for […]
SEC Approves Valkyrie Bitcoin Futures ETF
SEC approved Teucrium’s Bitcoin futures exchange-traded fund (ETF) in April, making it the first of its kind to be approved under the ’33 Act. The Securities and Exchange Commission (SEC) of the United States has approved Valkyrie’s futures exchange-traded fund (ETF) application. This is another ETF that has been approved by the SEC, which has […]
Binance Invests $500M to support Elon Musk’s Twitter acquisition
According to data from the US Securities and Exchange Commission, major crypto exchange Binance and 18 other co-investors participated in Elon Musk’s $44 billion acquisition of Twitter. On May 5, Musk filed a revised general statement of acquisition, indicating that Twitter had acquired new finance commitments totaling $7.2 billion in conjunction with the merger deal, […]
ProShares applies for Short Bitcoin Strategy ETF from SEC
ProShares has filed a registration statement with the Securities and Exchange Commission (SEC) to list shares of a Short Bitcoin Strategy ETF an exchange-traded fund that will be based on daily investment. ProShares filed an application with the Securities and Exchange Commission on Tuesday for an investment vehicle that would allow customers to wager against […]
President Biden reportedly prepares to announce nominees for SEC commissioners
According to reports, the President of the United States, Joe Biden is making plans to appoint two Securities and Exchange Commission commissioners from different political parties. According to the Wall Street Journal on Wednesday, Biden is considering Democrat Jaime Lizárraga, a staffer for House Speaker Nancy Pelosi, and Republican Mark Uyeda, counsel for the Senate […]