Weekly Outflows from Crypto Investment Products Hit $305M
Following a period of large multi-week inflows, there has been a noticeable shift in the cryptocurrency investment product market as major outflows are now being seen.
24X National Exchange Files Updated Application to Allow 24/7 Trading
24X National Exchange has submitted an amended application to United States regulators to establish a securities exchange that could offer cryptocurrency exchange-traded funds (ETFs) with 24/7 trading capabilities.
SEC Settles with Crypto Platform Abra
Abra and Plutus Lending have reached a settlement with the US Securities and Exchange Commission regarding claims that the platform inappropriately promoted Abra Earn to customers without registering the product as a security.
SEC Files Charges Against Organizers of $60M Crypto Ponzi Scheme
The SEC has charged brothers Jonathan and Tanner Adam with trying to defraud more than 80 investors through a $60 million Ponzi scheme involving a crypto asset trading platform.
Colombia’s Regulator Accuses Worldcoin of Violating Data Policies
The Superintendence of Industry and Commerce (SIC) in Colombia has accused Worldcoin and its parent company, Tools for Humanity, of violating the personal data protection laws, according to a statement released on Tuesday.
Terraform Labs Reorganization Hearing is Scheduled for September 19
Terraform Labs will face its Chapter 11 bankruptcy reorganization hearing on September 19. The outcome of this hearing will have a significant impact on the company’s future.
State Street Plans to Provide Digital Assets Services
State Street, a global custody bank with $44.3 trillion in assets under management, has chosen Taurus to provide digital asset services.
