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Search Results for: sec

Philippines SEC Restricts Binance Over Unlicensed Operations

In an effort to limit access to the crypto exchange inside the Philippines, the Securities and Exchange Commission (SEC) instituted regulations. This action is taken in reaction to the concerns raised over Binance’s potential unlawful actions inside the jurisdiction. Moreover, in a 25 March announcement, the SEC mentioned its request

March 25, 2024 2 mins read

U.S SEC Chair Gary Gensler Yet Again Takes a Jab at Crypto Market

In his most recent jab at the cryptocurrency market, U.S SEC Chair Gary Gensler said that it could use some “disinfectant.” At Friday’s Columbia Law School conference, Gensler discussed the need and advantages of disclosures about climate and cyber threats, among others, in the financial markets. In the end, disclosures

March 23, 2024 1 min read

GAM3S.GG Secures $2M Funding, All Set for $G3 Token Launch for Gamers

Web-3 gaming superapp GAM3S.GG has disclosed plans to create its native $G3 token and announced a $2 million funding round in an effort to promote web3 gaming and support their goal of onboarding the next 100 million players. A number of prominent VCs, including Merit Circle, WWVentures, Cogitent Ventures, P2 Ventures, Cypher

March 22, 2024 2 mins read

U.S SEC Delays Decision on VanEck Spot Ethereum ETF

Yet another exchange-traded fund (ETF), the VanEck spot Ethereum ETF, is seeing its decision date postponed by the U.S SEC. The government requested public feedback on the ETF and said in a document submitted on Wednesday that it would take until May 23, 2024 to make a decision. The SEC

March 21, 2024 1 min read

Ooga Booga Secures $1M Funding for Berachain’s First Liquidity Aggregator

With the aim of establishing the first liquidity aggregator on Berachain, Ooga Booga announced a $1 million fundraising. The funds will be utilized to develop a whole range of sophisticated tools that will allow customers to easily execute swaps and get the best pricing. Bruno Wu and Kevin Liu co-founded

March 20, 2024 3 mins read

U.S SEC Postpones Decision on Ethereum ETF Approval

The date by which the U.S SEC will decide whether it will approve the Hashdex Nasdaq Ethereum exchange-traded fund has been postponed. Hashdex ETF will hold ether spot and futures contracts if authorized. The SEC has extended the deadline for its decision to May 30, 2024, according to a notice

March 20, 2024 2 mins read