Rep. Stefanik calls on the SEC to investigate Harvard for allegedly hiding information from investors
Investigation Request Towards Harvard by Rep. Stefanik Rep. Elise Stefanik (R-NY) has called on the Securities and Exchange Commission (SEC) to look into Harvard University. She, as a Harvard alumna, expressed concerns about the institution potentially withholding “material information” from recent bond investors amidst ongoing tensions with the Trump administration over federal funding. In a […]
Coinbase looking for SEC permission to provide blockchain-based shares
Coinbase is seeking approval from the Securities and Exchange Commission (SEC) to offer “tokenized stocks” to its users, according to the company’s chief executive in a Reuters interview. Paul Grewal, the Chief Legal Officer at Coinbase, indicated that this initiative is a priority for the company. Tokenized stocks involve converting a company’s shares into digital […]
Trump Media Confirms Its Bitcoin Deal: SEC Approval
The news hit like a sudden splash in calm waters. Trump Media and Technology Group (TMTG) has reached a significant milestone. The Securities and Exchange Commission (SEC) has officially approved the registration of financial contracts tied to Bitcoin. This approval opens the door for integrating cryptocurrency into financial strategies, and true to its founder’s bold […]
Ex-Crypto Executive Named SEC Director of Trading and Markets
New SEC Trading and Markets Director Appointed A former cryptocurrency executive has been appointed as the director of trading and markets at the Securities and Exchange Commission (SEC). Jamie Selway, an experienced financial services professional, will take on this new position starting June 17, according to a recent press release from the agency. SEC Chairman […]
SEC champion runner Eliud Kipsang passes away days after suffering cardiac arrest.
Tragic Death of Alabama Athlete Eliud Kipsang Eliud Kipsang, a former standout athlete from Alabama, has passed away at the young age of 28, just days after experiencing cardiac arrest, as reported by the university. Born in Kenya, Kipsang had made significant contributions to the Alabama program. According to a GoFundMe campaign established for his […]
Trump Media’s Bitcoin treasury registration approved by SEC
Trump Media Group Gets SEC Nod for Bitcoin Registration Trump Media and Technology Group (TMTG), which operates former President Donald Trump’s social media platform, has recently gained approval from the US Securities and Exchange Commission (SEC) for a significant $2.3 billion Bitcoin Treasury Registration Statement. A filing with the SEC on June 13 detailed that […]
Trump Media’s Bitcoin treasury registration approved by SEC
Trump Media and Technology Group Gets SEC Approval for Bitcoin Registration Trump Media and Technology Group (TMTG), the owner of Donald Trump’s social media platform, has recently secured the go-ahead from the US Securities and Exchange Commission (SEC) for a $2.3 billion Bitcoin Treasury Registration Statement. In a filing made on June 13, the SEC […]
Ex-Blockchain Executive Becomes SEC Director of Trading and Markets
Securities and Exchange Commission Announces New Appointments in Cryptocurrency Sector The Securities and Exchange Commission (SEC) has revealed several new hires, notably those with backgrounds in cryptocurrency and blockchain technology. On Friday, it was shared that Jamie Selway will step into the role of director for agency trading and markets. Selway has previously served as […]
Ripple and SEC Request Court to Lift XRP Ban and Unlock $125M in Escrow
Simply put The SEC and Ripple have made a joint request to address the injunction and release the funds held in escrow. The proposed settlement involves Ripple paying $50 million to the SEC, with the remaining amount returned to Ripple. This matter traces back to 2020, centering on allegations that XRP sales were unregistered securities. […]
Chances of XRP ETF approval drop 10% before important SEC and ETF deadlines next week
The impending deadline for the Spot XRP ETF applications from major asset managers like Grayscale, Franklin Templeton, and Bitwise is fueling speculation about SEC approval. This comes amid proposed legal settlements with the SEC suggested by Ripple. On the forecasting platform Polymarket, the odds of approval by 2025 initially surged to 98% in early June, […]