# SEC registrants seek DeFi and physically-backed Bitcoin ETF approval

# SEC registrants seek DeFi and physically-backed Bitcoin ETF approval

“# SEC registrants seek DeFi and physically-backed Bitcoin ETF approval ” Crypto companies from the United States filed two registration statements with the Securities and Exchange Commission (SEC) seeking permission to sell exchange-traded funds (ETF) in relation to Bitcoin (BTC) and decentralized finance (DeFi). An Atlanta-based investment company, Invesco joined New York’s Galaxy Digital Funds…

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# SEC chair compares stablecoins to casino poker chips

# SEC chair compares stablecoins to casino poker chips

“# SEC chair compares stablecoins to casino poker chips ” U.S. Securities and Commission, or SEC, chair Gary Gensler has doubled down on his “Wild West” analogy for cryptocurrencies, calling stablecoins instruments for gambling at old-timey casinos.  Speaking to Washington Post columnist David Ignatius on Tuesday, Gensler said most projects in the crypto space dealt…

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# American CryptoFed DAO seeks US SEC consent for stable utility tokens

# American CryptoFed DAO seeks US SEC consent for stable utility tokens

“# American CryptoFed DAO seeks US SEC consent for stable utility tokens ” American CryptoFed DAO, a Wyoming-based decentralized autonomous organization, has filed two forms with the United States Securities and Exchange Commission, or SEC, to launch two variants of inter-dependent stablecoins named Locke and Ducat. According to CryptoFed’s Form 10 submission, the tokens are…

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# SEC takes action against Chinese billionaire’s companies over 0M offerings

# SEC takes action against Chinese billionaire’s companies over $500M offerings

“# SEC takes action against Chinese billionaire’s companies over $500M offerings ” The United States Securities and Exchange Commission (SEC) has charged three of Chinese billionaire Guo Wengui’s companies over an initial coin offering (ICO) and initial public offering (IPO) that fetched around $487 million combined. The infamous Wengui, also known as Miles Kwok or…

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