Tag: sec

SEC boss Gary Gensler has been coming down hard on crypto regulation recently. The chairman has said that the crypto space, especially the decentralized finance (DeFi) space, needs to be properly regulated. Gensler believes that this will help the industry move forward in the long run. Citing that finance is built on trust and regulation would help the crypto space gain the...

Reading Time: 2 minutes Fidelity Investments pushed for the approval of their Bitcoin ETF with the SEC earlier this month Bloomberg reports that the investment firm met with the regulator and discussed their application Fidelity feels the time is right for a Bitcoin...

The bitcoin price 50-day moving average is looking to pass its 200-day moving average to the upside.Bitcoin is heading for a golden cross on the daily chart! A golden cross is when the 50-day moving average passes the 200-day moving average to the upside. While the technical indicator is nothing more than a simple indicator of an asset’s momentum and recent price...

Fidelity Investments held a private meeting with the U.S. Securities and Exchange Commission to urge the regulator to approve its Bitcoin exchange- traded fund.Fidelity Investments held a private meeting with the U.S. Securities and Exchange Commission (SEC) to urge the regulator to approve its Bitcoin exchange-traded fund,...

Senator Elizabeth Warren (D-MA), known for her skepticism of the digital currency ecosystem has taken new jibes at the cryptocurrency industry, citing a number of inconsistencies that make the nascent digital trading world unhealthy for the average investor. Speaking in a Tuesday hearing of the Senate Committee on Banking, Housing, and Urban Affairs with Securities The post Senator Elizabeth Warren Takes a Jibe...

In a new press statement, the United States Securities and Exchange Commission boss Gary Gensler has begged crypto exchanges operating under his radar and within the country's shores to ensure the safety of the investments of their investors by registering with the SEC. Gensler calls on...

Reading Time: 2 minutes SEC chair Gary Gensler has renewed his call for crypto companies to “come in and talk to us” Coinbase said last week that it had tried this, only to get nothing but aggression Gensler said the SEC is working on an inter-agency framework for...

Cathie Wood’s Ark Invest has filed to change the allowance in its prospectus to permit one of its funds, the ARK Next Generation Internet ETF (ticker ARKW), to gain exposure to digital currencies through “exchange-traded funds domiciled in Canada.” This move marks a whole new opportunity being sought by Ark Invest to bolster its cryptocurrency The post Cathie Wood’s Ark Invest to Buy...

The fund updated its prospectus and can now invest in Canadian bitcoin ETFs while the SEC doesn't approve one in the U.S.A new supplement filing with the U.S. Securities and Exchange Commission (SEC) shows that Cathie Wood's ARK Investment Management has given itself clearance to purchase Canadian bitcoin...

September 13, 2021 / Unchained Daily / Laura Shin Daily Bits...

Reading Time: 2 minutes The president and CEO of Rivetz has been sued by the SEC over its 2017 ICO The SEC alleges that Rivetz conducted an illegal ICO, with the Steven Sprague using the money to buy property Rivetz is the latest 2017/18 ICO to find that the SEC is not...

September 10, 2021 / Unchained Daily / Laura Shin Daily Bits...

It seems that we will have to wait a bit more for the first Bitcoin ETF in the United States. The US Securities and Exchange Commission (SEC) has again delayed VanEck’s Bitcoin application for a Bitcoin exchange-traded fund (ETF). The ruling is now scheduled for November 14.

Ephrat Livni, a DealBook business and policy reporter at the New York Times, discusses Coinbase’s fight with the SEC over its Lend product and El Salvador’s adoption of Bitcoin as legal tender. Show highlights: why Coinbase is unhappy with what it calls the SEC’s “sketchy” behavior...

Reading Time: 2 minutes The fallout from the SEC-Coinbase saga continues to grow Many luminaries in the crypto space have had their say over the SEC’s actions The responses are overwhelmingly negative against the agency who don’t seem to be practicing what they preach...

September 9, 2021 / Unchained Daily / Laura Shin Daily Bits...

High-interest rate of crypto products has made SEC threaten to sue Coinbase. This will likely frustrate users who see the company’s offer as a practical means of earning 4% interest. The Securities and Exchange Commission SEC issued a surprising warning to sue Coinbase if they move on with their plan. Coinbase had initially announced its new product offer, Lend, which pays a 4%...