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The US Securities and Exchange Commission (SEC) has distributed $4.6 million to investors of defunct crypto startup BitClave’s 2017 initial coin offering (ICO), according to a Nov. 20 announcement.
The funds were disbursed as part of the BitClave Fair Fund established after a 2020 settlement.
The US Securities and Exchange Commission (SEC) has delayed its decision on Franklin Templeton’s application to launch a crypto index exchange-traded fund (ETF) offering exposure to Bitcoin (BTC) and Ethereum (ETH) to Jan. 6, 2025.
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The Reserve Bank of India (RBI) is adopting a cautious approach to the nationwide rollout of its Central Bank Digital Currency (CBDC), the e-rupee, prioritizing financial stability and a thorough understanding of its potential impacts.
Deputy Governor T.
South Korea’s financial watchdog has doubled its restrictive stance toward crypto, rejecting the launch of exchange-traded funds (ETFs) that track companies linked to digital assets.
Local media reported on Nov.
Japan is advancing a landmark economic stimulus package that includes a significant overhaul of current taxation rules for crypto, local media reported on Nov. 20.
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The Bank for International Settlements (BIS) has revealed that institutional players dominate liquidity provision on decentralized exchanges (DEXs) like Uniswap, according to a Nov.
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Gary Wang, co-founder and former chief technology officer of crypto exchange FTX, was sentenced to time served with no additional jail time after providing extensive cooperation to U.S. prosecutors in one of the largest financial fraud cases in history, as reported by Inner City Press.
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MicroStrategy has increased its convertible debt offering to $2.6 billion, up from its original $1.75 billion target, according to a Nov. 20 statement.
The firm stated that the proceeds from this offering will fund additional Bitcoin acquisitions and other corporate needs.
Jesse Powell, the founder of Kraken exchange, has voiced strong support for Brian Brooks, the former acting US Comptroller of the Currency, as the next Chair of the Securities and Exchange Commission (SEC).
Powell highlighted Brooks’ broad expertise in a Nov.
Michael Saylor, prominent Bitcoin advocate and founder of MicroStrategy, will present a Bitcoin investment strategy to Microsoft’s board of directors next month.
In a Nov.
The Central Bank of Brazil (BCB) is advancing its central bank digital currency (CBDC) framework initiative by collaborating with Banco Inter, Microsoft Brazil, 7COMm, and Chainlink, according to a Nov. 19 statement.
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Coinbase will disable Wrapped Bitcoin (WBTC) trading pairs from its exchange and Prime platforms on Dec. 19, citing the token’s failure to meet its listing standards, according to a Nov. 19 announcement.
Users will still be able to withdraw their funds past this date.