May 6th, 2025
SEC Crypto News - Page 88
BlockFi to Raise Down Round at $1 Billion Valuation
By Tolu Ajiboye
June 7th, 2022
BlockFi has seen its total valuation drop to $1 billion and is now using a down round to raise much-needed funds.
DIDI Stock Up 49.73% as WSJ Reports Chinese Regulators Are Poised to End Probe
By Godfrey Benjamin
June 6th, 2022
The crackdown on DIDI has been dual-faced with the company noting that the United States Securities and Exchange Commission (SEC) is also investigating it in relation to its IPO last year.
US Senator Set to Unveil Integrated Crypto Bill
By Babafemi Adebajo
June 6th, 2022
Federal Reserve Governor Christopher Waller has stated that crypto regulation is to protect everyone.
Crypto Experts Comment on Current Market Status at 2022 WEF
By Ibukun Ogundare
June 3rd, 2022
Many notable names in the crypto space present at the WEF spoke of the unsustainability of the existing cryptocurrencies.
VC Fund Canonical Crypto Raises $20 Million in First Funding Round from a16z and Others
By Oluwapelumi Adejumo
June 3rd, 2022
Canonical kept its fund size small following the officials’ decision to concentrate on pre-seed and seed investments.
Coinbase Chief Legal Officer Sets Record Straight as SEC Disclosure Triggers Fear among Users
By Ibukun Ogundare
June 3rd, 2022
The Coinbase chief legal officer said that customers’ funds are safe with the company and will always be.
Facebook Parent Meta Changes Nasdaq Stock Ticker to META, COO Steps Down
By Tolu Ajiboye
June 2nd, 2022
Facebook parent Meta’s new ticker will be officially known as META beginning on June 9th as the company continues in the metaverse direction.
Forbes Scraps SPAC IPO Agenda amid Dwindling Investor Interest & Heightened Regulatory Scrutiny of Blank-Check Firms
By Tolu Ajiboye
June 1st, 2022
Forbes has reportedly pulled the plug on its SPAC IPO after conducting market reevaluations. An official announcement is expected soon.
Nium Expands into Southeast Asia via RippleNet
By Ibukun Ogundare
May 30th, 2022
Nium started leveraging RippleNet to process real-time transactions a while ago.
ARK 21Shares Backers Re-submit Another Application for Spot Bitcoin ETF
By John K. Kumi
May 27th, 2022
21Shares CEO Hany Rashwan earlier disclosed that the approval of the ARK 21Shares Bitcoin ETF would be a big win for the crypto industry.
US Crypto Regulation Leaves Lot to Be Desired, According to SEC Commissioner
By Tolu Ajiboye
May 26th, 2022
Hester Peirce recently tackled the US and its lax efforts at crypto regulation and has asked the Congress to properly define the SEC’s role.
Ripple to Consider IPO Upon Conclusion of SEC Lawsuit
By Tolu Ajiboye
May 26th, 2022
Real-time gross settlement system Ripple will consider going public with an IPO after it ends its current legal tussle with the SEC, according to Brad Garlinghouse.
Fidelity’s Bitcoin Index Fund Cross $125M, Number of Investors Grow 8x
By Bhushan Akolkar
May 25th, 2022
Since two years of its launch, the growth in the funds flow into the Fidelity Bitcoin Index Fund remains subdued.
Panama President Refuses to Approve Crypto Regulation Bill
By Ibukun Ogundare
May 20th, 2022
Panama lawmakers voted for the bill, which primarily focuses on regulating “the commercialization and use of crypto assets”.
G7 Countries Demand Swift Crypto Regulations after Terra Collapse
By Bhushan Akolkar
May 20th, 2022
Top financial leaders of the G7 nations have requested the Financial Stability Board (FSB) for bringing consistent and comprehensive crypto regulations.