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Elon Musk Outlines New Reasons to End Twitter Deal Citing Whistleblower
1.9.2022
Tesla CEO Elon Musk has outlined new reasons to terminate the $44 billion deal to buy Twitter in a new filing with the U.S. Securities and Exchange Commission (SEC). Citing a whistleblower report, Musk’s lawyer said the allegations, known to the social media giant but undisclosed to Musk...
SEC Warns Crypto Investors of Scammers Exploiting Their Fear of Missing Out on Social Media
31.8.2022
The U.S. Securities and Exchange Commission (SEC) has warned about scammers exploiting investors’ fear of missing out (FOMO) on social media. “If a crypto investment ‘opportunity’ sounds too good to be true, it probably is,” the SEC cautioned. SEC Says Scammers...
Crypto developers should work with the SEC to find common ground
30.8.2022
Developers, investors and regulators can establish best practices and raise the quality of cryptocurrency development by working together
Latvian Extradited to US for Wire Fraud Involving Crypto Investments
28.8.2022
A Latvian national has been handed over to the United States where he is accused of fraud through several companies offering false crypto investment opportunities. Ivars Auzins will appear in a federal court in Brooklyn to face multiple charges of wire and securities fraud. Latvian Authorities...
SEC Probes Twitter Over Spam Accounts — Court Orders the Social Media Giant to Provide Additional Data to Elon Musk
28.8.2022
Twitter Inc. has been ordered to provide additional data relating to spam and bot accounts to Elon Musk. The social media giant has sued the Tesla CEO for terminating his $44 billion offer to buy the social media platform. The U.S. Securities and Exchange Commission (SEC) has also questioned...
Still waiting: SEC delays VanEck's third Bitcoin spot ETF application
26.8.2022
The wait for a first Bitcoin spot exchange-traded fund continues as the U.S. SEC buys more time to make a decision on VanEck's proposed BTC ETF
Philippine Lawmakers, Central Bank, SEC Discuss Crypto Regulation in Senate Hearing
26.8.2022
The central bank and the Securities and Exchange Commission (SEC) of the Philippines discussed crypto regulation in a Senate hearing with the participation of several executives from the crypto industry, including from crypto exchange Binance. Philippine Regulators Discuss Crypto Policies...
GameFi developers may be facing big fines and hard time if they don't speak up
25.8.2022
Enjoy cryptocurrency gaming while it lasts, because lawmakers in the United States are poised to crack down by mid-2023
Australia's markets regulator to prioritize shielding citizens from crypto harm
24.8.2022
Part of its actions will include raising public awareness about the risks inherent in crypto-assets and decentralized finance
‘7 South Korean Securities Firms Will Launch Crypto Exchanges in 2023’ – Report
23.8.2022
A slew of major South Korean securities companies – many of which may be affiliated with major commercial banks and business groups – could be set to launch crypto exchange platforms as early as next year.
Per Newspim, “seven large domestic securities companies” have already applied to financial...
Two-thirds of Surveyed South Koreans Say Cryptoassets Aren’t Securities
22.8.2022
Over six in 10 South Koreans do not think cryptoassets are securities, a new opinion poll has found – although lawmakers may instead prefer to follow Washington’s lead in determining which coins to class as securities.
The survey was conducted by Cratos, the operator of a blockchain...
Prosecutors want to claim NFTs as securities, alleges legal team of former OpenSea employee
22.8.2022
“The government has brought the instant prosecution using ill-founded applications of criminal law to set precedent in the digital asset space,” said Nathaniel Chastain’s lawyers
Aussie asset manager to offer crypto ETF using unique license variation
18.8.2022
The CEO of Monochrome Asset Management says their license approval represents a significant step forward for both the advice industry and retail investors
‘Big Short’ Investor Michael Burry Dumps All Stocks but One After Predicting Market Crash
17.8.2022
Hedge fund manager Michael Burry’s Scion Asset Management dumped all but one of its stock holdings in the second quarter, according to the firm’s filing with the U.S. Securities and Exchange Commission (SEC). Burry, famed for forecasting the 2008 financial crisis, has predicted...
South Korea’s SK Securities to Team up with Regional Bank for Crypto Custody, NFT Move
16.8.2022
The securities arm of South Korea’s second-largest business group will take the crypto plunge – and will team up with a domestic commercial bank as part of its efforts....
Read More: South Korea’s SK Securities to Team up with Regional Bank for Crypto Custody, NFT Move
Australian Securities Exchange takes step towards tokenized asset trading
16.8.2022
“There's a strong value proposition here that we can essentially tokenize any asset and bridge that into the ASX ecosystem,” said Zerocap CEO Ryan McCall
Hyundai’s Securities Affiliate to Add Crypto Data to its Asset Management Platform
15.8.2022
Hyundai Motor Group’s securities arm has extended its partnership with the South Korean crypto exchange Bithumb – and will allow its app users to access real-time crypto markets data.
In an official announcement, Hyundai Motor Securities, one of South Korea’s biggest securities providers...
Brazilian Crypto Investment Platform Bluebenx Stops Withdrawals Under Hack Allegations
14.8.2022
Bluebenx, a Brazil-based cryptocurrency investment platform, suspended withdrawals last week due to an alleged hack that made the company lose more than $31 million. The company announced that the withdrawals would be stopped for at least six months. The company has been investigated by...
Popularity of Crypto Investments Makes Case for Regulations, Australian Securities Watchdog Says
12.8.2022
High rates of crypto ownership, with purchases often made on advice from Youtube and Facebook, make “a strong case for regulation,” according to the Australian Securities and Investments Commission. The watchdog backs its stance with poll results showing nearly half of retail...
Brian Armstrong Says the More Crypto Regulation, the Better for Coinbase — CEO Discusses Alleged SEC Investigation
11.8.2022
Coinbase CEO Brian Armstrong says “the more regulation there is for crypto, the better it is for Coinbase.” He revealed an inquiry from the U.S. Securities and Exchange Commission (SEC), noting: “We do not yet know if this inquiry will become a formal investigation.”...