April 21st, 2025
SEC Crypto News - Page 112
Airbnb Officially Files for IPO after Posting $219M Income Last Quarter
By Godfrey Benjamin
November 17th, 2020
While Airbnb has had its tough times with its hosts amid an extenuating refund policy, the company’s public listing move represents significant growth for it in a highly competitive industry.
SEC Still Looking into ‘Qualified Custodian’ for Cryptocurrency?
By John K. Kumi
November 16th, 2020
SEC may be seeking to establish a definition for “Qualified Custodian” to easily identify companies that fall into that category for easy supervision.
PayPal Reveals Reasons for Not Supporting Ripple’s XRP as Number of XRP Whales Rises
By Ibukun Ogundare
November 16th, 2020
Over the past week, XRP has been on a continuous rise like Bitcoin and Ethereum. With a market cap of over $12 billion, XRP is currently trading at $0.27.
DoorDash Reports $149M in Losses out of $1.9B Revenue after Releasing S-1 for IPO
By James Lovett
November 13th, 2020
Despite making revenue, the US leading food delivery app Doordash has also suffered a loss of almost $149 million.
Expert Calls on SEC to Label Ripple’s XRP as Security
By John K. Kumi
November 12th, 2020
Ripple has so far purchased around $45 million worth of XRP with more assurance from the company executives that they may continue to purchase more to support a healthy market.
SEC Cashed in Big from Crypto ICOs in 2020
By Godfrey Benjamin
November 12th, 2020
With the fine from Telegram making the bulk of the charge on ICOs by the SEC, other projects also bowed to the SEC’s pressures and collectively coughed out about 40 million dollars in fines.
Texture Capital to Trade Security Tokens with New FINRA License
By Bhushan Akolkar
November 11th, 2020
By leveraging the power of blockchain technology and DeFi, Texture Capital aims to bring tokenized security trading to the secondary markets.
Jeff Bezos Sells Another $3 Billion Worth of Amazon Shares
By Darya Rudz
November 5th, 2020
According to the SEC filings, the sale was a part of a so-called 10b5-1 trading plan. Within the plan, Amazon shares are automatically sold at pre-determined dates to avoid any perception of trading on insider knowledge.
U.S. Court Orders Telegram to Pay $625,000 to Lantah
By Ibukun Ogundare
November 4th, 2020
The legal dispute with Lantah continued till August even after Telegram was forced to leave its TON project.
UGPAY Group AG: Bringing Cutting Edge Assets into Hands of Investors
By Julia Sakovich
November 3rd, 2020
Registered in Switzerland and the U.S. Securities and Exchange Commission (SEC), UGPAY Group AG emphasizes a range of unique investment objectives.
SEC Raises Crowdfunding Limit for Crypto Startups from $1.07M to $5M
By John K. Kumi
November 3rd, 2020
Crowdfunding has been the way through which crypto startups get smaller investments from non-accredited investors as they obtain security offerings without having to register with the SEC.
Crypto Exchange INX Limited to Acquire Openfinance Broker-Dealer and ATS Business
By James Lovett
October 28th, 2020
Investors would be able to efficiently trade security tokens on the Openfinance platform following the acquisition.
NAC Foundation Seeks SEC Championed AML Bitcoin ICO Fraud Charges Dismissal
By Godfrey Benjamin
October 21st, 2020
While the case between the SEC and the NAC Foundation is far from over, the CEO’s partner Jack Abramoff was reportedly not indicted in this current lawsuit.
Miniso Raises $608 Million in U.S. IPO, MNSO Stock Jumped in Debut
By Steve Muchoki
October 16th, 2020
In its IPO prospectus, Miniso explained that it is working on how to leverage the latest technology to put it ahead of competitors.
Gaming Platform Roblox Confidentially Files for IPO with SEC
By Steve Muchoki
October 13th, 2020
As Roblox prepares to go public presumably early next year, there are already existing notable investors including Andreessen Horowitz.