Tag Archives: SEC

Bitcoin moved above $50,000 for the first time since 13 December though the cryptocurrency trading on Friday around USD 50870.90, continued to take investors on a roller coaster ride in 2021.One thing that stood out was how crypto went mainstream. The biggest change was El Salvador becoming the first country …

The US securities regulator has opened an investigation into Tesla over a complaint that the company failed to properly notify its shareholders and the public of fire risks associated with solar panel system defects over several years.The upcoming investigation raises regulatory pressure on the world’s most valuable automaker, which already …

Investment funds from major US investment bank Morgan Stanley have increased their exposure to Bitcoin through purchases of shares of Grayscale Bitcoin Trust.According to filings from the United States Securities and Exchange Commission, the Morgan Stanley Insight Fund increased its holdings of Grayscale Bitcoin Trust (GBTC), shares more than 63%, …

The “Big Short” movie star Michael Burry returned to Twitter Friday. After earlier remarks about inflation, SEC and Fed policies, the movie star who is also CEO of Scion Asset Management says that Elon Musk has wrong calculations and had it not quite right with his Rivian comments.Earlier in the …

The U.S. Securities and Exchange Commission on Friday rejected rule changes that would have allowed the listing and trading of the VanEck bitcoin exchange traded fund.In March, the Cboe BZX Exchange, Inc. filed a proposed rule change to list and trade shares of the VanEck Bitcoin Trust under BZX Rule.The …

Coinciding with Bitcoin’s surge to an all time high of $66,974, investors pumped a record $1.47 billion of new money into digital asset investment products, pushed by bloom of cryptocurrencies and the launch of the first bitcoin futures exchange-traded fund, according to report issued Monday by CoinShares.Bitcoin-focused funds dominated last …

The U.S. Securities and Exchange Commission (SEC) opened a broad inquiry, Tuesday, into how Wall Street banks keep track of employees’ digital communications according to Reuters.SEC enforcement staff contacted multiple banks to check whether they have been documenting employees’ work-related communications, such as text messages and emails, with a focus …

Ripple Labs’ legal team said that there is no intention to reach a settlement in their lawsuit with the U.S. Securities and Exchange Commission.The top US financial regulator alleges that Ripple has been selling XRP as an unregistered securities since 2013. The legal battle began in December 2020 AND provides …

The U.S. Securities and Exchange Commission (SEC) has delayed for the second time its decision on the first Bitcoin exchange-traded fund (ETF). VanEck, an ETF and mutual fund manager, proposed an ETF for the world’s largest cryptocurrency and an SEC approval was delayed in April. The SEC reportedly wants to …