According to the New York regulator, Genesis had compliance failures that violated crypto and cybersecurity regulations, leaving the company “vulnerable to illicit activity.”
The South Korean Financial Services Commission may review and update its regulations with regard to the Bitcoin spot ETF trade approval in the United States.
According to the announcement, this bipartisan working group builds on the work of the Task Force on Artificial Intelligence in the 116th and 117th Congresses.
Chesapeake Energy (CHK) is set to buy Southwestern Energy (SWN) for an all-stock deal valued at $7.4 billion. This would make Chesapeake the top US natural gas producer. Yahoo Finance Anchors Brad Smith and Seana Smith break down the latest development for these two companies and the impact it will have on the energy sector at large. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino
The commission said the request was related to a July ruling in which a judge said XRP only qualified as a security when sold to institutional investors.
Many speculated that the SEC chair had no choice but to approve the investment vehicle after a court-ordered review of Grayscale’s spot Bitcoin ETF application.