October 24th, 2025
SEC Crypto News - Page 102
Robinhood Secures $32B Valuation in IPO, Set to Debut on Nasdaq Exchange
By Oluwapelumi Adejumo
July 29th, 2021
The shares are expected to begin trading on the Nasdaq Global Select Market on July 29, 2021, under the ticker symbol “HOOD”.
UBS to Offer European Hedge Funds with Brokerage Services for Crypto ETPs
By Bhushan Akolkar
July 29th, 2021
UBS is currently doing an internal review of its brokerage service and has launched a pilot scheme for its premium clients.
Goldman Sachs Files Crypto-Related ETF Application with SEC
By Tolu Ajiboye
July 27th, 2021
Goldman Sachs plans to create an ETF linked to companies like Nokia, Facebook, Microsoft etc. The ETF will mimic the German Solactive Index.
Coinbase Believes Bitcoin ETF Approval Likely by This Year End
By Bhushan Akolkar
July 27th, 2021
Crypto exchange Coinbase believes that the US SEC is slowly warming up to Bitcoin derivative products as the market continues to expand with higher institutional participation.
$35B AUM Global X Files for Bitcoin ETF Dubbed Global X Bitcoin Trust with SEC
By Steve Muchoki
July 22nd, 2021
Global X Bitcoin Trust ETF will reflect the performance of the price of Bitcoin minus the accrued expense of the trust.
Stellar Foundation and Advent to Purchase MoneyGram for Undisclosed Amount
By Tolu Ajiboye
July 22nd, 2021
Stellar and Advent have joined a list of companies including Ant Group and Western Union, to pitch for an acquisition of MoneyGram.
Argo Blockchain to Issue ADS in US to Effect Its Dual Listing Plans
By Godfrey Benjamin
July 21st, 2021
The public stock market listing plans by Argo Blockchain will help complement its ongoing efforts to expand to American markets.
Bill Ackman Cancels SPAC Plan for Universal Group Deal amid Regulatory Scrutiny
By Bhushan Akolkar
July 20th, 2021
The US SEC along with some investors raised concerns over the $4 billion investment in Universal Group via the SPAC – Pershing Square Tontine Holdings (PSTH). Ackman shall now fund this investment through his Pershing Square hedge fund.
Robinhood Plans to Raise $2B in IPO, Pegs $35B Valuation
By Bhushan Akolkar
July 19th, 2021
Robinhood is planning to release 55 million shares in the open market as it plans to reserve 20% to 35% of Class A shares for its customers.
In Win for Ripple, Judge Denies SEC’s Motion to Suppress Deposition of Former Official
By Sanaa Sharma
July 16th, 2021
The news comes as a relief to the Ripple community, which claims that the exchange medium can not be considered as a security.
AMC Stock Price Down 15%, Experts Predict More Pain in Future
By Steve Muchoki
July 15th, 2021
Labeled as a meme stock, AMC has significantly been fueled by social media influencers.
Capital Group Acquires 12% Stake in Bitcoin-Heavy MicroStrategy
By Steve Muchoki
July 13th, 2021
With a majority of MicroStrategy’s treasury in Bitcoin, Capital Group has increased its exposure to cryptocurrency.
Grayscale Large Cap Fund Becomes SEC-Reporting Firm
By Babafemi Adebajo
July 12th, 2021
The new development means that the fund is now required to file the 10-Qs and 10-Ks reports on a quarterly and annual basis, respectively.
Robinhood Enables More Women to Trade Crypto, Say COO
By Mercy Tukiya Mutanya
July 8th, 2021
The company’s COO revealed that the number of women using Robinhood year-on-year had increased by 369%
Barclays Payment Block Is Result of Inaccurate Understanding, Says Binance
By Kofi Ansah
July 6th, 2021
Barclays announced yesterday that it was suspending debit and credit card payments from customers in the UK to Binance, citing the FCA’s recent action against the crypto exchange.