Wall Street Banks Are Keen on Crypto — Here’s Why

Recently, institutional crypto adoption has been at the center of discussion. A growing number of public companies, major banks, hedge funds, and wealth managers race to increase their exposure to bitcoin and other digital assets.
Sponsored
Sponsored
It seems Wall Street is leading the race.

Read more

SEC Charges CEO of Crypto Startup for Unregistered ICO – BeInCrypto

The U.S. Securities and Exchange Commission (SEC) has announced it has settled charges against a company and its CEO for making misleading statements in connection with an unregistered ICO.
Sponsored
Sponsored
The firm, Loci Inc.

Read more

Bitcoin ETF Applications Pile Up as SEC Considers Options

Applications for bitcoin exchange-traded funds (ETF) are piling up as new Securities and Exchange Commission Head Gary Gensler weighs his options.
Last week, Gensler spoke before the House of Representatives subcommittee on financial services.

Read more

Gensler Mentions Crypto in His Address to FINRA, Urges to Follow ‘Spirit of the Law’ – BeInCrypto

Newly appointed Securities and Exchange Commission (SEC) Chairman Gary Gensler brought up cryptocurrencies in his first address of the Financial Industry Regulation Authority (FINRA). 
When addressing the industry regulatory body, he first mentioned his relationship with FINRA head Robert Cook.

Read more

SEC Wins Right to Access Information Overseas Against Ripple – BeInCrypto

The Securities and Exchange Commission (SEC) has won the right for foreign assistance in the ongoing battle against Ripple. Earlier, the technology company was trying to block the government body from getting further regulatory information from overseas.

Read more

SEC Allegedly Using All Means Possible to Block XRP Holders From Presenting Evidence – BeInCrypto

The case being raised by XRP holders to present evidence is allegedly being blocked by the U.S. Securities and Exchange Commission (SEC) using “red herrings, personal attacks, and irrelevant case law to distract the court from XRP holders’ meritorious request for intervention.

Read more

Grayscale Files Registration Statement With SEC for $GDLC – BeInCrypto

Grayscale Investments files with the SEC to make a reporting company out of its diversified large-cap fund.
Grayscale Investments announced today the public filing of a Registration Statement on Form 10 with the U.S Securities and Exchange Commission (SEC).

Read more

Figure Securities Becomes SEC-Registered Alternative Trading System – BeInCrypto

Figure Technologies Inc. announced today that its subsidiary, Figure Securities Inc., has become a FINRA-approved broker-dealer.
Additionally, Figure Securities becomes an SEC-registered Alternative Trading System for digital securities custodied on Provenance blockchain.

Read more

SEC Chairman Says Crypto Markets Need Regulations to Prevent Fraud – BeInCrypto

SEC chairman Gary Gensler said on Friday that greater protection for investors is required in cryptocurrency markets. 
Gensler is no stranger to the cryptocurrency world. The former Goldman Sachs investment banker has long been viewed as a strong candidate to take the SEC chairman role.

Read more