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Gensler asserts: Disclosures alone fail to shield crypto exchanges
6.6.2024
SEC Chair Gary Gensler has issued a stark warning to the cryptocurrency industry, asserting that disclosures alone are not enough to ensure the safety and integrity of crypto exchanges. Gensler’s remarks highlight the growing concerns among regulators about the adequacy of current oversight...
Leading Crypto-Policy Academic in Washington to Open Disclosure Firm Bluprynt
16.5.2024
Georgetown Law professor Christopher Brummer leads an annual event on emerging financial technology in Washington that became a top forum for crypto issues in recent years. Now he's joining the sector, founding Bluprynt to help the industry with its regulatory disclosures as rules begin to emerge...
Bitwise CIO “Incredibly Bullish” On Bitcoin ETFs After Latest SEC Disclosures – Here’s Why
15.5.2024
Bitcoin ETF investors could multiple their holdings 20x if they follow prior investor trends, according to Bitwise.
The post Bitwise CIO “Incredibly Bullish” On Bitcoin ETFs After Latest SEC Disclosures – Here’s Why appeared first on Cryptonews
South Korean Judges Hold Bitcoin and Altcoins, Disclosures Show
29.3.2024
Several senior South Korean judges hold Bitcoin, Ethereum, and altcoins, new public disclosure data revealed on March 28.
The post South Korean Judges Hold Bitcoin and Altcoins, Disclosures Show appeared first on Cryptonews
SEC's Gensler Says Crypto Firms Skip Public Disclosures by Dodging Registration
22.3.2024
U.S. Securities and Exchange Commission Chairman Gary Gensler used a speech on the "public good" of securities disclosures on Friday to point specifically at the crypto industry as a problem area
Bitcoin ETF Applicants to File Updated S1 Form After SEC’s Comments – A Delay Signal?
9.1.2024
Source: CNBC As the spot Bitcoin exchange-traded fund (ETF) issuers filed applications for their revisions to reveal previously undisclosed fee structures, the U.S. Securities and Exchange Commission (SEC) has returned comments. The SEC’s critiques came swiftly on the heels of the updated...
South Korea to Make Officials' Crypto Disclosures Public
27.12.2023
Public officials will also be provided an asset disclosure service starting next year to report crypto and other holdings
SEC Commissioner Hester Peirce Blasts ‘Scorched Earth’ Approach Against LBRY
30.10.2023
Hester Peirce, commissioner of the U.S. Securities and Exchange Commission (SEC), issued a statement of dissent that referred to how the commission dealt with the LBRY case. Peirce criticized the approach that the SEC took when, according to her, the company had made significant disclosures about...
FTX Looking to Recover Millions Paid to Athletes and Sports Clubs
10.9.2023
Advisers working for FTX have analyzed if some payments made by the failed crypto exchange to sports stars and organizations can be returned. The money went to celebrity athletes, including basketball legend Shaquille O’Neal, and sports teams like the NBA’s Miami Heat and Formula 1’s Mercedes under...
Prosecutors Challenge FTX Founder’s Legal Advice Defense Ahead of Fraud Trial
30.8.2023
Sam Bankman-Fried’s legal team claimed last week that the FTX founder received assurances from lawyers his actions were lawful. However, federal prosecutors are now contesting the validity of Bankman-Fried’s defense strategy ahead of trial. Bankman-Fried’s Legal Defense...
SEC Charges Impact Theory in First NFT-Related Lawsuit Over Unregistered Token Sales
28.8.2023
The Securities and Exchange Commission (SEC) has charged Los Angeles-based media company Impact Theory with offering and selling unregistered securities in the form of crypto asset tokens. Notably, this marks the SEC’s first lawsuit targeting an NFT offering. SEC Sues Impact Theory Over $30M...
Nifty News: Metaverse bank robberies, Trump NFT biz prefers crypto over cash, and more
17.7.2023
The Bank of America’s metaverse trains staff on resolving customer disputes or helps them relax by riding a virtual unicorn
South Korea's Ruling Party Calls to Expedite Bill on Lawmakers' Crypto Disclosures: Report
23.5.2023
The leader of South Korea's ruling People Power Party wants a new bill requiring lawmakers and high-level government officials to declare their cryptocurrency-related assets to be implemented within two months
Former SEC Enforcement Chief: Coinbase’s Arguments ‘a Surefire Loser’ and Possibly Criminal
5.5.2023
According to John Reed Stark, crypto exchange Coinbase’s assertions that its business activities were endorsed by the U.S. Securities and Exchange Commission (SEC) when it approved its initial public offering are “a surefire loser.” According to Stark, the SEC’s approval...
Economist and Political Scientist Refute Claims of US Dollar’s Demise Despite Trend of De-Dollarization News
17.4.2023
This year, there has been a flurry of news reports and opinion editorials discussing an alleged de-dollarization trend amid a wave of disclosures associated with the BRICS bloc. In a recent article, the American political scientist and author Ian Bremmer insisted that claims of the U.S. dollar...
U.S. Accounting Board Seeks Crypto Standards Requiring Firms to Report Price Shifts
24.3.2023
U.S. accounting standards may be overhauled to specifically factor in crypto accounting, establishing a fair-value approach that would demand certain digital assets be measured at what they’d go for in the markets, according to a change proposed this week by the Financial Accounting Standards Board...
Disclosures Show Shopify’s CEO Bought $3M Worth of Coinbase Shares During the Past 2 Months
4.10.2022
Public records show that Shopify’s CEO Tobias Lütke has purchased close to $3 million in Coinbase shares during the last 60 days. Lütke became a Coinbase board member last February and because he is a Coinbase associate, he’s required by law to submit his trades to the U.S....
Riot Blockchain Sues Northern Data Over Disclosures Related to Texas Bitcoin Mine Acquisition
21.9.2022
This is the second lawsuit related to the Texas mega mine that Riot acquired last year
SEC Chairman Gensler Wants Disclosures From Crypto Issuers, Lawyer Says
9.9.2022
0x Labs Chief Legal Officer, Ashley Ebersole, joined CoinDesk TV’s “All About Bitcoin” to discuss what the SEC could do in order to make platforms more “comfortable,” as the agency calls on crypto exchanges to register
Nvidia Fined $5.5 Million For Failing To Acknowledge Crypto-Miners Juiced Its Profits
6.5.2022
Nvidia, producer of graphics cards since prehistoric times, has just been fined $5.5 million by the U.S. Securities and Exchange Commission for failing to divulge to investors how much of its 2017-18 revenue came about from crypto-miners.Read more