The company is financing its Bitcoin purchases with long-term, low-interest debt and share issuance.
After $16 million in outflows the previous week, crypto fund offerings bounced back with $103 million in inflows in the week ending Dec. 22.
The commission acknowledged it had not been “accurate and candid” in earlier filings but said sanctions were not warranted, as its staff didn’t engage “in any bad faith conduct.”
Coinbase is now registered as a Virtual Assets Service Provider in France, while Circle has obtained a conditional registration in the country.
The SEC charged Terraform Labs and its co-founder Do Kwon with allegedly “orchestrating a multi-billion dollar crypto asset securities fraud” in February.
According to the survey, over 50% of federal agencies currently use blockchain analytics tools, but only 11% of state agencies do.
The judgment was first made in August and has now been cleared to take effect, according to a filing in the U.S. District Court of Appeals for the Ninth Circuit.
The proposed settlement is still subject to approval by the U.S. Bankruptcy Court for the District of Delaware and the Supreme Court of the Bahamas.
The head of the Catholic Church warned humanity of AI’s potential dangers and explained what needs to be done to control it.
Cryptocurrency mixers face a dilemma between preserving financial privacy freedom or embracing increased compliance measures to avoid U.S. scrutiny.
The crypto exchange processed 989 transactions for users in Crimea from April 2020 to May 2022, according to the Office of Foreign Assets Control.
Ghaf Capital managing partner Feras Al Sadek argued that the UAE’s “regulation by education” sets it apart from other jurisdictions.
A Seattle district court ruled out CZ’s departure to the UAE, and the Montenegrin justice minister plans to grant the United States request for Do Kwon’s extradition.
Bitcoin has been declared dead more times than you’d think amid downswings in the market, but it’s always managed to bounce back.
All 435 seats in the U.S. House of Representatives will be up for grabs in the 2024 election, with the future of crypto bills in the House Financial Services Committee uncertain.
The requests for public comment are standard for ETFs under review and have an open period of 35 days.
Community members compared the Binance settlement with the U.S. Department of Justice to the deal with BitMEX crypto exchange, as its CEO was also forced to step down.
The latest update is the third amendment to ARK and 21Shares’ Bitcoin exchange-traded fund prospectus since the firms first filed in April 2023.