SEC Greenlights First Leveraged MicroStrategy ETF
Defiance ETFs announced the launch of the first-ever single-stock leveraged long exchange-traded fund for MicroStrategy.
The SEC Files Lawsuit Against Crypto Pyramid Scheme NovaTech
The SEC yesterday filed a lawsuit against NovaTech, a cryptocurrency company, and its co-founders Cynthia and Eddy Petion.
IRS Unveils an Updated Crypto Tax Form
The US IRS has recently released an updated version of Form 1099-DA, which will be used by brokers to report digital asset transactions to their customers starting in 2025.
SEC Charges BitClout Founder with Fraud
The US Securities and Exchange Commission (SEC) has accused BitCloud founder Nader Al-Naji of fraud for using investors’ funds to pay for luxuries, including rent for a mansion in Beverly Hills.
Artists File Lawsuit Against SEC Over NFTs Considered Securities
Two artists, Brian Frye and Jonathan Mann, have filed a lawsuit against the US securities regulator to clarify whether non-fungible tokens (NFTs) fall under the commission’s jurisdiction.
Senator Cynthia Lummis Announces Bill for US Treasury to Buy 1 Million Bitcoin
Senator Cynthia Lummis has announced that she will be proposing a bill to the US Treasury to purchase 1 million Bitcoins, which is equal to about $68 billion, over a period of five years.
Citi Upgrades Coinbase Shares to Buy from Neutral
Citi believes that crypto exchange Coinbase could see benefits from a better regulatory climate in the US.
