Thailand's finance minister told a Securities and Exchange Commission meeting on Thursday that the government is considering issuing government bond-backed stablecoins that could be used to make payments to merchants and could attract investors.
The Securities Exchange Commission has endorsed Canary Capital's 19b-4 filing for its spot Litecoin ETF.
Bitwise has filed an application with the Securities Exchange Commission (SEC) to list an exchange-traded fund (ETF) that tracks the price of Dogecoin. According to Bitwise's S-1 filing with the SEC on January 28, the proposed Bitwise Dogecoin ETF will hold the DOGE and closely track its price movement. Bitwise's S-1 filing must be accompanied by a 19b-4 filing in order to initiate the approval or rejection process for a dog-themed memecoin fund.
According to a Form S-3 registration statement filed with the Securities Exchange Commission (SEC), MicroStrategy has filed a hybrid securities registration application with the potential proceeds intended to be used to purchase additional bitcoin and for general corporate purposes.
Recently, the China Securities Supervision Commission issued the "Action Plan for Promoting the High-Quality Development of Indexed Investment in Capital Markets". The main goal of the "Action Plan" is to promote the scale and proportion of indexed investment in capital markets to increase significantly, and to accelerate the construction of a new development pattern in which active investment and passive investment in the public fund industry develop synergistically and promote each other; stre...
On January 26th, the China Securities Supervision Commission issued the "Action Plan for Promoting the High-Quality Development of Indexed Investment in Capital Markets". The "Action Plan" proposes to continue to enrich the index fund product system. Actively develop stock ETFs. Fully improve and strengthen core broad-based stock ETFs, build a phalanx of industry flagship ETF products, and support the registration and issuance of wide-based stock ETFs with high coverage, strong representation an...
On January 26th, the China Securities Supervision Commission issued the "Action Plan for Promoting the High-Quality Development of Indexed Investment in Capital Markets". It proposes to reduce the investment cost of index funds. Continue to waive the annual listing fee for ETFs, promote the reduction or reduction of ETF market making, registration and settlement, index use and other fees, and continue to reduce the operating costs of index funds. Guide industry institutions to reduce the managem...
On January 26th, the China Securities Supervision Commission issued the "Action Plan for Promoting the High-quality Development of Indexed Investment in capital markets". The "Action Plan" proposes to steadily promote the two-way opening up of indexed investment. Coordinate openness and security, steadily expand the institutional opening of index products, and improve the ETF interconnection mechanism. Steadily expand the scope of ETFs to be included in the Shanghai, Shenzhen and Hong Kong Stock...
The European Union Commission has completed its investigation into social media platform X and will decide to fine it millions of euros.
According to the German business newspaper, the European Union Commission has completed its investigation of social media platform X and will decide to fine it millions of euros. (Jin Ten)
According to the official website, the Securities Exchange Commission (SEC) has officially revoked the crypto accounting policy SAB 121.
Earlier this week, Securities Exchange Commission Commissioner Hester Peirce was appointed to lead the agency's newly announced cryptocurrency task force. However, investment bank TD Cowen said her term will end in June, raising concerns about the progress of the cryptocurrency task force. Securities and Exchange Commission commissioners can serve an additional 18 months after their term expires. A report from TD Cowen's Washington research group (led by Jaret Seiberg) on Thursday...
QCP Capital posted an analysis saying that even though the Securities Exchange Commission announced the formation of a cryptocurrency regulatory working group, the market continued to decline, with BTC falling below $106,000 and currently hovering around $102,000. XRP and SOL rose 3.4% and 4.1%, respectively, after screenshots of XRP and SOL futures were provided on the Chicago Mercantile Exchange (CME) webpage. Although the CME later clarified that the leaked webpage was a mistake, it has not y...
Better Markets, a nonprofit, has filed an amicus curiae brief in support of the Securities Exchange Commission's (SEC) appeal against Ripple Labs. The brief asks the 2nd Circuit Court of Appeals to overturn a 2023 district court ruling that held that Ripple Labs' sales of XRP to retail investors were not governed by U.S. securities laws. The nonprofit organization argued in its complaint that the court had mistakenly applied the Howey Test, undermining the integrity of investor protection.
On Jan. 22, Lisa Kruse, commissioner of the North Dakota Department of Financial Institution Group, told members of the House Committee on Industry, Commerce and Labor that the state's residents filed 103 complaints of cryptocurrency scams with the FBI, resulting in a total of $6.50 million in losses in 2023. The FBI reported in September that Americans lost $5.60 billion to cryptocurrency fraud in 2023 and recorded 5,500 cases involving cryptocurrency ATMs with losses exceeding $189 million.