Wednesday, June 26, 2024
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The Securities and Futures Commission (SFC) Reverses Stance on Spot-Crypto, Crypto ETF Investing

Hong Kong's ambitions to become a virtual asset hub became apparent when it implemented a new regulatory regime in June, accepting applications for crypto trading platform licenses. It granted the first set of licenses in August, allowing exchanges to serve retail customers. That was a U-turn after 18 months of

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SEC reverses decision on sealing, redacting some documents in Binance.US case

Observers should soon get a look at least some of the sealed documents in the United States Securities and Exchange Commission’s (SEC) case against Binance. The documents were sealed at the SEC’s request with the agreement of both sides, and are being unsealed at the request of the SEC itself.District

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D.C. Circuit reverses SEC ruling on SPIKES futures, calls it “arbitrary and capricious”

The U.S. Securities and Exchange Commission (SEC) suffered another setback on July 28 as the D.C. Circuit overturned a ruling by the regulator ordering that SPIKES Index securities should be treated as 'futures' rather than as 'securities futures'. The judge panel called the SEC order "arbitrary and capricious."The decision relates

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Ethereum reverses post-Shanghai upgrade gains, drops below $2,000

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The price of ethereum (ETH), the second-largest cryptocurrency, is plummeting days after the highly anticipated Shanghai upgrade. Although the trading and cryptocurrency community eagerly awaited the update, prices are moving lower and below the $2,000 level even

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