Situational Awareness, a hedge fund founded by former OpenAI researcher Leopold Aschenbrenner, has reportedly invested $400 million in an unnamed privately held company following a
Category: Regulation
Federal Prosecutors Oppose Alex Mashinsky’s Bid to Vacate Celsius Fraud Sentence
Alex Mashinsky, former CEO of the defunct cryptocurrency lending platform Celsius, has sought to overturn his 12-year prison sentence for fraud and market manipulation, but
U.S. Treasury Proposes Federal Stablecoin Definitions Ahead of GENIUS Act Deadlines
The U.S. Department of the Treasury has unveiled proposed federal definitions for stablecoins under the GENIUS Act, as regulators confront tight deadlines to finalise rules
Jane Street Reports Over $1 Billion in U.S. Bitcoin ETF Holdings as of Q2
Jane Street, a quant trading firm with significant exposure to cryptocurrency, has disclosed holdings of more than $1 billion in U.S. spot Bitcoin exchange-traded funds
Trump Media Scraps Crypto Push, Terminates CRO Token Accumulation Plan
Trump Media, Crypto.com, and Yorkville Acquisition have abandoned plans for a publicly traded CRO token accumulation company, citing “prevailing market conditions” and shifting priorities. The
Binance Reportedly Plans UK License Application Amid New Regulatory Framework
Cryptocurrency exchange Binance is reportedly preparing to seek a licence from the UK’s Financial Conduct Authority (FCA) as new regulatory rules for digital assets come
Bitcoin Tracks Equity Bounce Amid $390M ETF Outflows, Clarity Act Uncertainty
U.S. spot bitcoin exchange-traded funds experienced $390 million in net outflows over four days, marking their largest weekly withdrawal in six weeks, while Solana ETFs
Demand for US Spot Bitcoin ETFs Surges Amid Regulatory Uncertainty
Roughly $1 billion in net inflows has been recorded this week for US spot Bitcoin exchange-traded funds (ETFs), their strongest performance since April. The rebound
Preferred Stocks Recover Amid Bitcoin Stabilization and Market Volatility
Strategy’s STRC preferred stock rose 1.1% to $95.09, nearing its $100 par value, as Bitcoin stabilized above $60,000 and Michael Saylor emphasized protecting its 12%
SEC Cancels Meeting on Reg Crypto and Innovation Exemption Amid Clarity Act Concerns
The U.S. Securities and Exchange Commission (SEC) has indefinitely postponed a planned meeting to advance its Reg Crypto rulemaking and delay the introduction of an
