SEC
SEC typically refers to U.S. Securities and Exchange Commission which "protects investors in the $3.8 trillion municipal securities markets that cities and towns rely on to provide neighborhood schools, local libraries and hospitals, public parks, safe drinking water and so much more". But it can also refer to the security and exchange regulation bodies of other countries.
CITD to Issue HK$100 Million Bonds Utilizing Blockchain
China Information Technology Development Limited (CITD) (HKEX: 8178), a leading technology company specializing in AI and cloud technologies, has announced its plan to issue HK$100 million worth of Bonds using distributed ledger technology (DLT). The proposed issuance aims to revolutionize the bond market by leveraging blockchain and smart contract technologies.
Largest Weekly Inflows in Digital Assets in Over a Year, Led by Bitcoin
In a significant shift of sentiment, digital asset investment products experienced their largest single weekly inflows since July 2022, totaling a substantial $199 million, according to CoinShares report. This surge effectively corrected almost half of the prior nine consecutive weeks of outflows, signaling renewed investor confidence in the market.
Binance Hires Former DOJ Prosecutor M. Kendall Day as Legal Counsel in SEC Lawsuit
Bloomberg reports that Binance Holdings Ltd. has recently hired M. Kendall Day, a former prosecutor from the US Department of Justice (DOJ), as their attorney to represent them in the ongoing lawsuit initiated by the Securities and Exchange Commission (SEC).
EDX Markets Debuts Cryptocurrency Trading Platform and Wraps Up Latest Investment Round
In a key milestone, EDX Markets has successfully kick-started its cryptocurrency trading operations and completed a fresh funding round
Binance Announces Integration of Bitcoin Lightning Network for Enhanced Transaction Efficiency
Cryptocurrency exchange giant Binance has announced its plans to integrate the Bitcoin Lightning Network for deposits and withdrawals. The move aims to improve transaction efficiency and provide users with a faster and more cost-effective experience.
Hong Kong's Ambition to Thrive in Web3: Exploring the Development of Selected Regional Web 3.0 Technologies
Recently, the Research Unit of the Legislative Council Secretariat of Hong Kong released a summary of the document titled 'Development of Selected Regional Web 3.0 Technologies.
Binance.US Refutes SEC's Attempted Asset Freeze, Vows to Defend Itself in Court
In a recent update, Binance.US, the American affiliate of leading cryptocurrency exchange Binance, provided an encouraging development in its ongoing legal dispute with the U.S. Securities and Exchange Commission (SEC).
Driving Web3 Innovation: Hong Kong’s Commitment Towards Tech-Led Future Unveiled by the Financial Secretary
In a recent blog post, Hong Kong's Financial Secretary celebrated Father's Day while also sharing the government's significant efforts in stimulating innovative technological development.
Texas Securities Board Issues Emergency Cease and Desist Order to Abra and CEO, William Barhydt
The Texas State Securities Board has taken decisive action against Abra by issuing an Emergency Cease and Desist Order. The order, also directed at Abra's CEO, William (Bill) Barhydt, alleges securities fraud and misleading statements in connection with Abra's digital asset depository accounts.
MetaMask Developer ConsenSys Challenges SEC's Proposed 'Exchange' Definition, Citing Blockchain Misunderstandings
Blockchain tech company ConsenSys, represented by lawyer Bill Hughes, has formally objected to the Securities and Exchange Commission's (SEC) Notice of Proposed Rulemaking (NPRM) concerning the redefinition of a securities "exchange".