Fidelity Investments seeks approval for its Bitcoin ETF from the SEC
Fidelity Investments, a global financial services corporation, has asked the Securities and Exchange Commission to approve its Bitcoin exchange-traded fund (ETF) in a private meeting. On September 8, Fidelity Digital Assets President Tom Jessop, six of the firm’s executives, and numerous SEC officials met in private. The finance professionals outlined a number of reasons why […]
SEC chairman Gary Gensler urges crypto firms to ‘come in and talk ‘
The chairman of the US Securities and Exchange Commission, Gary Gensler, is once again urging crypto ventures containing securities to register with the regulatory agency in order to protect investors. In a prepared statement for his hearing before the Senate Committee on Banking, Housing, and Urban Affairs on September 14, Gensler said the Securities and […]
SEC charges media firms assoiated with billionaire Guo Wengui $539M over G-Coins ICO
The Securities and Exchange Commission (SEC) has sued three media firms backed by billionaire Chinese exile Guo Wengui for allegedly raising half a billion dollars through two unregistered securities offerings. GTV Media Group, Saraca Media Group, and Voice of Guo Media all sold stock from April to June 2020, according to an SEC order filed […]
Nasdaq for supply pricing feeds for DeFiChain tokenized stock trades
NASDAQ, along with Finnhub and Tiingo, will provide its price feeds to DeFiChain, an open-source decentralized financial infrastructure (DFI) platform based on the Bitcoin network. Despite the fact that tokenized equities have had a rocky few months from a legal standpoint, legacy financial institutions and proponents of decentralized finance (DeFi) have continued to sign new […]
SEC charges Rivetz over $18M for an illegal securities offering
Rivetz has been charged by the US Securities and Exchange Commission (SEC) with an alleged $18 million illegal securities offering. Rivetz was created in 2013, and the now-defunct blockchain hardware company is accused of raising $18 million from more than 7,200 investors through an unregistered securities offering between July and September 2017. Rivetz Corp., its […]