SEC Chair wants robust crypto regulatory regime for the US
America’s securities chief has crypto regulatory ambitions beyond ETFs and token offerings, which include markets like lending and DeFi.
SEC
$10B asset manager registers new Bitcoin fund with SEC
Stone Ridge Asset Management, the parent company of New York Digital Investment Group, or NYDIG, has been actively pursuing new investment vehicles for Bitcoin. On Friday, Stone Ridge’s open-end mutual fund revealed a new Bitcoin-focused investment strategy.
Coinbase and top execs face securities class action over Nasdaq listing
Alongside Coinbase itself, the class action names CEO Brian Armstrong, CLO Paul Grewal, other top executives and several of its venture capital backers as defendants.
Osprey Funds CEO says US will approve Bitcoin ETF in 2022 ‘at earliest’
Greg King, CEO of Bitcoin trust issuer Osprey Funds, thinks the U.S. SEC has too many things on its plate this year to get to the issue of crypto ETF approvals.
Judge allows Ripple to depose SEC official who decided ETH is not a security
Bill Hinman could be called to testify on his 2018 comments regarding Ethereum’s security status.
SEC charges individuals connected to former iced tea-turned-mining company
According to the regulatory body, an investor was tipped off that the company would be rebranded, a move that resulted in a huge surge in Long Blockchain’s stock price.
Capital International purchased $600M in MicroStrategy stock
MicroStrategy’s stock price rose by more than 1.5% to reach $628.44 at the time of publication, making Capital International’s shares worth roughly $600 million.
SEC appoints New Jersey Attorney General as director of enforcement
The SEC has appointed New Jersey Attorney General Gurbir S. Grewal as the Director of the Division of Enforcement.
SEC accuses XRP Army of issuing ‘false statements’ against its leadership on social media
The commission argued that Ripple’s motion, if granted, would open the floodgates for the company to request testimony from high-ranking government officials.
SEC inquiry regarding Robinhood’s crypto business reportedly delays IPO
Robinhood had initially hoped to begin its public offering after American investors returned from the July 4 holidays.
