US SEC and Binance File Joint Motion in US Court Seeking 60-Day Pause on Legal Battle

US SEC and Binance File Joint Motion in US Court Seeking 60-Day Pause on Legal Battle

ByNews Polite

#news #newstoday #tech #technews #latestnews #techupdates #newsupdates The U. SEC and Binance are seeking a 60-day pause in their legal battle, which began in June 2023. In a joint motion filed in the District Court of Columbia, both parties urged the court to grant the stay. This request follows the…

US SEC Intends to Seek Sanctions Against Elon Musk in Twitter Probe

US SEC Intends to Seek Sanctions Against Elon Musk in Twitter Probe

ByNews Polite

The U.S. Securities and Exchange Commission said on Friday it intends to seek sanctions against Elon Musk after he failed to appear for court-ordered testimony for the regulator’s probe into his $44 billion takeover of Twitter. In a filing in San Francisco federal court, the SEC said the sanctions motion…

US Ether ETF Launch Timing Depends on How Fast Issuers Can Move, SEC Chair Says

US Ether ETF Launch Timing Depends on How Fast Issuers Can Move, SEC Chair Says

ByNews Polite

The timing for when exchange-traded funds (ETFs) tied to the cryptocurrency ether can begin trading depends largely on how quickly issuers respond to the U.S. Securities and Exchange Commission’s queries, Chair Gary Gensler said on Wednesday. The SEC last month approved applications from Nasdaq, CBOE and NYSE to list spot…

Crypto Firm, Industry Group Sue US SEC for ‘Overreach’ on Digital Assets

Crypto Firm, Industry Group Sue US SEC for ‘Overreach’ on Digital Assets

ByNews Polite

A Texas cryptocurrency company and an industry group sued the U.S. Securities and Exchange Commission on Wednesday, saying the regulator has overstepped its authority and asking a judge to rule that digital assets traded on exchanges are not securities. Fort Worth-based crypto company Lejilex and lobbying group Crypto Freedom Alliance…

US Ether ETF Launch Timing Depends on How Fast Issuers Can Move, SEC Chair Says

US SEC to Approve Ethereum ETF in May, Standard Chartered Predicts

ByNews Polite

The US Securities and Exchange Commission is likely to allow exchange-traded funds to hold the cryptocurrency Ethereum in May, Standard Chartered predicts. May 23 is the last date by which the agency must consider ETF applications from VanEck and Ark 21Shares, the bank said in a research report Tuesday. The…

US SEC Set to Adopt New Cyber Rule, Unveils Brokerage AI Proposal

US SEC Set to Adopt New Cyber Rule, Unveils Brokerage AI Proposal

ByNews Polite

Wall Street’s top regulator on Wednesday was poised to adopt new rules requiring publicly traded companies to disclose hacking incidents, a measure officials said was being taken to help the investing public contend with the mounting cost and frequency of cyber attacks. The five-member US Securities and Exchange Commission was…

US SEC Set to Adopt New Cyber Rule, Unveils Brokerage AI Proposal

US SEC Developing Rules to Govern Use of AI on Trading Platforms

ByNews Polite

Wall Street’s top regulator is developing rules to govern the use of artificial intelligence on trading platforms, which poses a risk of conflicts of interest, the agency chief said in a speech on Monday. The US Securities and Exchange Commission will also need “new thinking” to confront challenges to financial…

Nasdaq Refiles BlackRock’s Bitcoin ETF Application With SEC: Details

Nasdaq Refiles BlackRock’s Bitcoin ETF Application With SEC: Details

ByNews Polite

Nasdaq refiled an application with the U.S. securities regulator to list an exchange-traded fund by BlackRock that will reflect the price of bitcoin to add additional details, according to a filing made public on Monday. The refreshed filing, submitted to the U.S. Securities and Exchange Commission (SEC) on Thursday, said…