U.S. Securities and Exchange Commission (SEC) – DIGIT INFO

Fed’s Rate Cut Could Spell Disaster, Microstrategy Buys More Bitcoin, and More — Week in Review

DIGIT — Sun, 22 Sep 2024 13:46:20 +0000

Peter Schiff has warned that the Federal Reserve’s rate cut will lead to economic disaster. Microstrategy, continuing its bitcoin acquisition strategy, plans to buy more bitcoin after raising $1.01 billion from a private offering. A bitcoin investor faces up to three years in prison for underreporting cryptocurrency gains. El Salvador’s President Nayib Bukele announced a […]

Go to Source

CRV Price Hits $0.35, Rebounding 41% From Recent Low Post-Founder Crisis

DIGIT — Wed, 19 Jun 2024 11:09:22 +0000

Curve DAO’s (CRV) price increased over 10% early Wednesday, hitting $0.35 and marking a 41% increase from its low since a recent liquidation crisis involving its founder. On-chain data revealed significant accumulation of CRV by whales this week, with reports indicating a particular increase in purchasing during the post-liquidation price dip. This resurgence in CRV’s […]

Go to Source

Experts Warn SEC’s Consolidated Audit Trail Is Unconstitutional

DIGIT — Sun, 16 Jun 2024 10:22:53 +0000

The U.S. Securities and Exchange Commission’s (SEC) newest surveillance tool, the Consolidated Audit Trail (CAT), has sparked significant concerns among privacy advocates and legal experts, who warn of an unprecedented expansion of government monitoring over financial transactions. SEC’s CAT Sparks Privacy Concerns and Legal Challenges Recent developments, such as the SEC implementation of the Consolidated […]

Go to Source

SEC Approves Key Regulatory Filings for Spot Ether ETFs

DIGIT — Fri, 24 May 2024 07:46:59 +0000

The U.S. Securities and Exchange Commission (SEC) has approved pivotal 19b-4 filings for spot ether ETFs, marking a major regulatory milestone for the cryptocurrency sector. This approval indicates a newfound willingness to engage with ether ETF issuers. SEC Surprises Market With Approval of Key Filings for Spot Ether ETFs In a surprising decision, the SEC […]

Go to Source

Thai Rule Change Allows Asset Management Funds to Invest in Bitcoin ETFs

DIGIT — Thu, 14 Mar 2024 11:45:55 +0000

Thailand-based asset management funds can now launch private funds for investing in U.S. spot bitcoin exchange-traded funds (ETFs), according to the country’s securities regulator. The approval of bitcoin ETFs by U.S. regulators has opened opportunities for Thai asset management firms to gain exposure to the premier crypto asset. Only Institutional Investors and Ultra-High-Net-Worth Individuals Are […]

Go to Source

Report: Paypal Puts Stablecoin Plans on Hold as US Regulators Crack Down on Crypto Industry

DIGIT — Sat, 11 Feb 2023 19:30:54 +0000

During the first week of 2023, payment service giant Paypal said it was exploring the launch of a stablecoin. At the time, an executive at Paypal stated that if the company moved forward, it would work closely with financial regulators. However, on Feb. 10, a source noted that Paypal has put the concept on hold […]

Go to Source

Bitcoin Miner Greenidge Enters Non-Binding Debt Restructuring Deal With NYDIG

DIGIT — Tue, 20 Dec 2022 20:30:39 +0000

The bitcoin mining operation Greenidge Generation Holdings Inc. has executed a restructuring deal with NYDIG, according to an announcement published on Tuesday. According to the non-binding term sheet agreement, NYDIG will obtain 2.8 exahash per second (EH/s) of Greenidge’s mining capacity, and Greenidge further entered into a hosting deal with NYDIG for the same 2.8 […]

Go to Source

FTX Collapse: African Crypto Industry Leaders’ Perspective and Advice to Regulators

DIGIT — Wed, 16 Nov 2022 10:00:18 +0000

The collapse of FTX and subsequent calls for tougher regulation by the likes of U.S. Senator Elizabeth Warren have increased the likelihood of regulators adopting even stricter crypto laws. In Africa, crypto industry participants warn of the unintended consequences arising from rushed and over-restrictive regulations. The Game-Changing Role of Crypto in Africa As the crypto […]

Go to Source