Bakkt Receives Green Light for $150M Securities Sale
The cryptocurrency startup Bakkt claims that regulators have given it permission to sell up to $150 million worth of securities.
Tag sec
SafeMoon CEO Out on Bail Amid Legal Team Withdrawal Concerns
Key Takeaways SafeMoon CEO Braden John Karony has been released on bail after being arrested on charges of securities fraud, money laundering, and conspiracy to commit wire fraud. However, his legal team has decided to withdraw from representing him due…
Philippines To Launch Wholesale CBDC Within Two Years
Key Takeaways The Philippines is gearing up to introduce a central bank digital currency (CBDC) within the next two years, following the lead of other global regulators who have embraced digital tokens as an alternative to volatile cryptocurrencies. According to…
Crypto Exchange Bakkt Might Run Out of Cash Soon
Key Takeaways Bakkt, a publicly-traded crypto company is facing financial challenges that cast doubt on its ability to sustain operations for the next 12 months. The company’s precarious financial situation was disclosed in a filing with the U.S. Securities and…
TradeStation Crypto Resolves SEC Charges on Asset Lending Allegations
Due to TradeStation Crypto's failure to register an interest-bearing lending product, the trading platform reached a settlement with the US SEC and a task force of state regulators.
SEC Moves to Dismiss Lawsuit Against DEBT Box After Acknowledging Mistake
Key Takeaways In a recent development, the Securities and Exchange Commission (SEC) has expressed its intention to dismiss the lawsuit against crypto startup DEBT Box. The decision comes after the SEC admitted to making inaccurate statements during court proceedings. The…
Terraform Labs Says Bankruptcy May Shield it From SEC Penalty
Key Takeaways Terraform Labs, currently in the midst of Chapter 11 bankruptcy proceedings, has revealed its strategic move to employ bankruptcy protection as a means to mount a “do-or-die” appeal against the U.S. Securities and Exchange Commission (SEC). In a…
CoinCodeCap WeekInFocus: January 28, 2024
WeekInFocus is your ally in plugging in the gaps in the news you might have missed during the course of the previous week. Beyond that, it serves as a catalyst for your professional and personal development by introducing you to new ideas and exciting job opportunities. Join us in accepting both what is occurring and what is conceivable.
SEC Extends BlackRock’s Spot Ether ETF Decision to March
Key Takeaways The Securities and Exchange Commission (SEC) has extended its decision timeline on BlackRock’s proposal for a spot Ethereum exchange-traded fund (ETF) to March, as disclosed in a recent filing. The regulatory body cited the need for additional time…
Binance and SEC Lawyers Clash: Intense Arguments Over Crypto as Security
Following an argument over whether or not particular tokens qualified as securities, attorneys for Binance requested that the court dismiss the case.
