Bitcoin Price Eyes Fresh Gains: Can BTC Climb Again?
Bitcoin price extended losses and tested the $65,500 support zone. BTC is now consolidating and …
Bahamas Parliament Passes 2024 Digital Assets And Registered Exchanges Act
According to Odaily, the Bahamas Securities Commission has announced that the Bahamian Parliament has passed the Digital Assets and Registered Exchanges Act (DARE 2024). This legislative move strengthens the country's position in the realm of digital asset regulation. Building on the foundation laid by the 2020 DARE Act, the new law introduces comprehensive reforms aimed at addressing the evolving landscape of digital assets and cryptocurrency markets.Christina Rolle, Executive Director of the Bahamas Securities Commission, stated, 'DARE 2024 represents a new standard in digital asset regulation. The framework we have created not only focuses on investor protection but also encourages responsible innovation, positioning the Bahamas at the forefront of global digital asset regulation.'
SEC Provides Information for Terraform Labs Investors
According to Odaily, the U.S. Securities and Exchange Commission (SEC) has launched an information page specifically for investors affected by Terraform Labs. The SEC stated that since the settlement agreement was reached last month, investors have been inquiring about the compensation process. The SEC clarified on its webpage that it will not receive any compensation until investors and creditors have received their full bankruptcy case payouts. The SEC added that the Chapter 11 plan confirmation hearing and start date are expected to take place in the fall.Previously, it was reported that Terraform Labs agreed to pay $4.47 billion as part of the settlement agreement with the SEC. The company will pay $3.58 billion in illicit gains and $420 million in civil penalties. The settlement terms also prohibit its co-founder, Do Kwon, from serving as an executive or director of any public company.
Women in crypto earn 15% more than men: Pantera Capital survey
Women comprise a larger proportion of mid-level and senior positions compared to entry levels, which …
Why Sprouts Farmers Market Stock Jumped 13% to a Record High on Tuesday
Key Takeaways Shares of Sprouts Farmers Market soared 13% to an all-time high Tuesday after …
Why is ETH demand lacking post-Ethereum ETF?
ETH price failed to crack the $3,400 resistance level, as spot Ethereum ETFs are seeing …
The Fed’s Two-Day Policy Meeting Started Tuesday—Here’s What You Need To Know
Key Takeaways Federal Reserve officials’ two-day meeting for July began Tuesday. They are expected to …
Microsoft Cloud Miss Overshadows Earnings Beat
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California DMV Puts 42M Car Titles on the Avalanche Blockchain in Digitization Push
“Blockchains are the most advanced tool any organization can leverage to maximize efficiency, maintain compliance …
Anthony Pompliano: Bitcoin Will Be on U.S. Balance Sheet in 'Next 10, 15 Years' and Investing in Solana for Less Than a Dollar
“Over the next 10, 15 years, for sure, the United States will have some Bitcoin …