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, […]
SEC Plans to Relax Rules on DeFi Following Extended Oversight
SEC Chairman Discusses DeFi and Regulations During a roundtable on “DeFi and the American Spirit” held on June 9th, SEC Chairman Paul Atkins expressed his support for industry developers, suggesting they shouldn’t face criticism for their initiatives. He noted that there is a need for clear guidelines on how to utilize new tools in this […]
SEC requests updates on S-1 filings from potential Solana ETF issuers, according to sources.
SEC Requests Updated S-1 Forms for Solana ETFs The Securities and Exchange Commission (SEC) has instructed future issuers of Solana ETFs to submit revised S-1 forms by the end of the coming week. According to two sources, the agency indicated it would provide feedback on the S-1 within 30 days after submission. The SEC is […]