Letter – DIGIT INFO

House Republicans urge SEC to rescind ‘disastrous’ SAB 121

DIGIT — Mon, 23 Sep 2024 23:19:41 +0000

The House and Senate Republicans claimed the SEC evaded the notice and comment rulemaking process required by the Administrative Procedure Act by issuing SAB 121.

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US lawmakers urge top crypto ATM operators to tackle fraud

DIGIT — Mon, 16 Sep 2024 06:03:12 +0000

Seven Democratic US Senators have sent letters to ten of the country’s biggest Bitcoin ATM operators urging them to address fraud against elderly Americans.

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US senators urge CFTC to finalize ban on election betting

DIGIT — Mon, 05 Aug 2024 23:37:38 +0000

It comes as decentralized prediction platform Polymarket has gathered more than $500 million in bets on who will likely win the 2024 United States presidential election.

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Former Binance Boss CZ Apologizes, Accepts Responsibility Ahead of Sentencing

DIGIT — Wed, 24 Apr 2024 15:31:37 +0000

Changpeng Zhao, the former CEO of Binance, has publicly apologized for his past decisions and accepted full responsibility for his actions. This comes as U.S. prosecutors are seeking a 36-month prison sentence for Zhao in connection with compliance failures at the cryptocurrency exchange. Changpeng Zhao Issues Apology as Sentencing Nears In a letter to the […]

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Crypto donations raised by Hamas ‘remain tiny,’ says Elliptic

DIGIT — Thu, 26 Oct 2023 00:54:31 +0000

Elliptic’s statement was framed as a rebuttal to recent articles and letters circulating among the media and U.S. lawmakers this month.

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Grayscale urges SEC to approve all Bitcoin ETFs simultaneously

DIGIT — Fri, 28 Jul 2023 01:46:00 +0000

Grayscale’s ETF was previously knocked back by the SEC and it wants it and competing ETFs approved together so none have an advantage.

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SEC asks for more time to respond to Coinbase call for crypto clarity

DIGIT — Wed, 14 Jun 2023 02:20:03 +0000

The securities regulator said it would make a recommendation within 120 days on Coinbase’s rulemaking request, but says the action has “no merit.”

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House Republicans Demand Answers From SEC Over FTX Co-Founder’s Arrest

DIGIT — Sun, 12 Feb 2023 17:00:53 +0000

On Feb. 10, 2023, Republicans Patrick McHenry of North Carolina and Bill Huizenga of Michigan, both members of the U.S. House of Representatives, sent a letter to Securities and Exchange Commission (SEC) chairman Gary Gensler seeking answers about the arrest of FTX co-founder Sam Bankman-Fried prior to his scheduled testimony before the House Financial Services […]

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FTX Bankruptcy: Judge Delays Decision on Appointing Independent Examiner Amid Cost Concerns

DIGIT — Tue, 07 Feb 2023 20:35:10 +0000

Judge John Dorsey has delayed his decision on whether to appoint an independent examiner in the FTX case. At the latest hearing, Dorsey acknowledged that the cost to debtors could reach tens of millions of dollars. Currently, the bankruptcy judge is hopeful that the issue will be resolved through a mutually agreed upon solution between […]

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Treasury Secretary Yellen Urges Swift Action to Increase Spending Limit, Avert Default on US Obligations

DIGIT — Sat, 14 Jan 2023 19:30:02 +0000

Janet Yellen, the U.S. secretary of the Treasury, sent a letter to Congress on Friday urging lawmakers to increase the spending limit. Yellen stressed that the country would reach its statutory debt limit on Jan. 19, 2023. She warned that “failure to meet the government’s obligations would cause irreparable harm to the U.S. economy, the […]

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