Tag: sec
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SEC Halts QMMM Trading After 959% Crypto-Fuelled Surge
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The U.S. Securities and Exchange Commission (SEC) has temporarily suspended trading of QMMM Holdings Ltd. after the Hong Kong-based advertising firm’s share price soared nearly 959% in less than three weeks. The extraordinary surge followed the company’s announcement of a $100 million cryptocurrency treasury, a dramatic strategic shift that attracted both investor enthusiasm and regulatory…
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SEC’s Peirce Defends Crypto Privacy Amid Tornado Cash Trial
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US Securities and Exchange Commission (SEC) Commissioner Hester Peirce has taken a strong stance in favour of digital privacy and open-source development, just as the high-profile Tornado Cash trial nears its conclusion. Speaking at the Science of Blockchain Conference, Peirce urged regulators to protect individuals’ rights to transact privately, comparing digital privacy to traditional freedoms…
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BlackRock’s Bitcoin ETF Set to Surge as SEC Expands Options Limit
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The U.S. Securities and Exchange Commission (SEC) has quietly set the stage for a major shake-up in the Bitcoin ETF market. By increasing the limit on options contracts for Bitcoin ETFs tenfold, the SEC has opened the door to much larger institutional strategies and BlackRock’s iShares Bitcoin Trust ETF (IBIT) stands to benefit the most.…
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GENIUS Act Sparks $4B Stablecoin Surge
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The US crypto industry is seeing a wave of renewed momentum following the passage of the GENIUS Act, a landmark law offering a clear legal framework for fiat-backed stablecoins. Within just a week of the Act being signed into law on July 18, nearly $4 billion flowed into the stablecoin sector, raising its total market…
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SEC Reviews Truth Social’s Bitcoin-Ether ETF
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The United States Securities and Exchange Commission (SEC) has officially acknowledged the application submitted by Trump Media & Technology Group for a new Bitcoin and Ethereum exchange-traded fund (ETF). This move triggers the SEC’s review clock, giving the regulator a limited time to approve or reject the proposal. The ETF, if approved, will trade on…
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Altcoin ETFs Spark Hope as SEC Warms to Crypto in 2025
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As 2025 unfolds, the crypto market is experiencing a surprising surge of optimism. A wave of altcoin ETFs applications is flowing into the U.S. Securities and Exchange Commission (SEC), signalling a major shift in how traditional finance is starting to embrace cryptocurrencies beyond Bitcoin and Ether. So far this year, at least 31 applications for…
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Fairmint Proposes Blockchain Upgrade for Private Markets
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As the digital asset world continues to evolve, crypto-native firms are stepping up to modernise how private markets operate. One such firm, Fairmint, has made waves by submitting a detailed blockchain-based proposal to the U.S. Securities and Exchange Commission (SEC), aiming to address what it calls outdated systems governing private securities. Let’s break down what…
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SEC Reframes Crypto Regulation with Focus on ‘Notice and Comment’ Rulemaking
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The U.S. Securities and Exchange Commission (SEC) is adopting a transformative approach to crypto regulation, emphasizing rulemaking through “notice and comment” rather than enforcement-driven tactics. Under the leadership of Chair Paul Atkins, this strategic pivot aims to establish a transparent and inclusive framework for the cryptocurrency industry while fostering innovation and investor protection. A Shift…
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Crypto Groups Urge SEC to Rethink DAO Oversight
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In a bid to influence the evolving regulatory stance on digital assets, two prominent crypto advocacy groups, the DeFi Education Fund and the Uniswap Foundation have urged the U.S. Securities and Exchange Commission (SEC) to take a more nuanced approach to regulating decentralised autonomous organisations (DAOs). The groups argue that DAOs, if sufficiently decentralised, should…
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Franklin Templeton Files for Multi-Asset Crypto ETF on Cboe BZX
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Franklin Templeton, a major asset manager, has submitted a filing to the U.S. Securities and Exchange Commission (SEC) for a multi-asset cryptocurrency exchange-traded fund (ETF). The proposed Franklin Crypto Index ETF aims to provide investors with exposure to spot Bitcoin (BTC) and Ether (ETH), the two largest cryptocurrencies by market capitalization. According to the February…