Gensler warns stock-token issuers to report to the SEC
Issuers of tokens backed by equity are required to report to the Securities and Exchange Commission. This was stated by the agency's head, Gary Gensler.The stock market is a collection of markets where stocks (shares of ownership in businesses) are bought and sold.
Gensler warns stock-token issuers to report to the SEC
Issuers of tokens backed by equity are required to report to the Securities and Exchange Commission. This was stated by the agency's head, Gary Gensler.
Bank of Russia urges exchanges not to allow trading of crypto-linked instruments
The Bank of Russia recommended exchanges not to allow trading of securities issued by Russian and foreign issuers, payments whose returns depend on cryptocurrency rates, prices of foreign digital financial assets, changes in crypto-asset indices, and the value of crypto-derivatives and securities of crypto funds.
Viridi Funds launches ETF focused on green crypto-mining companies and equipment makers
Viridi Funds' asset manager has launched on the NYSE Arca exchange an ETF focused on the shares of green mining companies and manufacturers of crypto-mining equipment.
Robinhood warns of decline in crypto-related revenues
Robinhood's quarterly crypto-related revenue for the July–September 2021 quarter is expected to be negative. The forecast is contained in the amended S-1 filing of the crypto-friendly platform with the SEC.
ARK Invest increases stake in Square after DeFi platform launch announcement
ARK Invest, the asset manager, bought 225,937 Square shares. This was preceded by a statement from Jack Dorsey's payments company about the forthcoming launch of a Bitcoin-focused platform for decentralized services.
Binance to end support for tokenised stocks
As of October 14, 2021, Binance will stop supporting tokenised stocks, according to a post on the site.
Wilshire Phoenix Co-Founder: U.S. Won’t Approve Bitcoin ETF Before 2023
U.S. financial regulators will eventually green-light the launch of a bitcoin ETF, but approvals are not expected before 2023, said Will Cai, co-founder of New York-based Wilshire Phoenix.
Brazil becomes first in Latin America to approve an Ethereum ETF
The Brazilian Securities and Exchange Commission (CVM) approved the launch of an exchange-traded fund (ETF) based on the second-largest cryptocurrency by market capitalization.
Capital Group acquires 12% stake in MicroStrategy
Capital International Investors, the Los Angeles-based unit of Capital Group, has acquired a 12.2% stake in MicroStrategy.
BNY Mellon to help Grayscale convert Bitcoin Trust into ETF
Asset management firm Grayscale Investments has signed an agreement with Bank of New York Mellon (BNY Mellon), under which the financial holding company will act as custodian for the Grayscale Bitcoin Trust (GBTC).We use cookies to improve the quality of our service.
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