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SEC Charges Citadel Securities Over Short Sale Regulation Violations

SEC Charges Citadel Securities Over Short Sale Regulation Violations

The U.S. Securities and Exchange Commission (SEC) has charged broker-dealer Citadel Securities for non-compliance with Regulation SHO, a framework aimed at curbing abusive short selling practices. Citadel Securities has agreed to pay a $7 million penalty to settle the charges, which involve mislabeled millions of orders over five years due to a coding error within its automated trading system.

Africa Crypto Adoption Sparks Regulation Concerns

Africa Crypto Adoption Sparks Regulation Concerns

The accelerated growth of blockchain technology in Africa recently has raised concerns over the possible implementation of knee-jerk regulation.

Dapper Labs Raises $18M in Token Sale

Dapper Labs Raises $18M in Token Sale

The team responsible for the crypto-collectibles phenomenon “Crypto Kitties” has just secured an $18 million token sale.

Bitcoin is Showing Short-Term Weakness, says Crypto Analyst

Bitcoin is Showing Short-Term Weakness, says Crypto Analyst

Crypto analyst Carl Martin has noted that Bitcoin is showing signs of weakness in the short term.

Hedge Funds Were Net Short Bitcoin Futures Coming Into the Crash

Hedge Funds Were Net Short Bitcoin Futures Coming Into the Crash

According to the Block, hedge funds were inordinately short CME bitcoin futures compared to their peers the past week. So much so that net short positions among the hedge funds trading the product were at an all-time high the past two weeks.

Bitcoin Price Could Drop in the Short Term As BTC Consolidates at $46K

Bitcoin Price Could Drop in the Short Term As BTC Consolidates at $46K

The Bitcoin price traded to a new all-time high at $48,308 before correcting lower and now appears to have hit a short-term downward trend. Where to next for the BTC price?

Bithumb Crypto Exchange Puts Itself Up for Sale Amid Fraud Probe

Bithumb Crypto Exchange Puts Itself Up for Sale Amid Fraud Probe

Bithumb cryptocurrency exchange is set up for sale amid accusations of the alleged fraud.

CNBC’s Brian Kelly Warns of a Bitcoin Short-Term Correction to $12,000

CNBC’s Brian Kelly Warns of a Bitcoin Short-Term Correction to $12,000

Brian Kelly, CNBC Fast Money trader, continues to be bullish for Bitcoin but warns of a short-term correction to $12,000.

United States Moves Forward With Crypto Regulation

United States Moves Forward With Crypto Regulation

Two new crypto-related bills were discussed among the House Agriculture Committee this week as the United States moves forward with crypto regulation.

Switzerland’s New Regulations for Blockchain And DLT Trading Facilities Usher In A New Era Of Clearer And Lighter Regulatory Regimes

Switzerland’s New Regulations for Blockchain And DLT Trading Facilities Usher In A New Era Of Clearer And Lighter Regulatory Regimes

A short article piece submitted by Christoph Besmer, Trade Commissioner, Investment Promotion Switzerland.

President Biden Freezes Mnuchin's Controversial Proposed Regulation on Unhosted Crypto Wallets

President Biden Freezes Mnuchin's Controversial Proposed Regulation on Unhosted Crypto Wallets

FinCEN’s controversial regulation proposal on “unhosted” crypto wallet has been effectively frozen by President Joe Biden as his administration takes office today.

Ripple Co-Founder Hints Move From US Regulation: “Blockchain and Digital Currencies are not Welcome”

Ripple Co-Founder Hints Move From US Regulation: “Blockchain and Digital Currencies are not Welcome”

Ripple co-founder Chris Larsen is considering moving Ripple’s base from the United States due to crushing biased regulation.

Tackling DeFi Scams: Making Pre-sale Ecosystems Safer

Tackling DeFi Scams: Making Pre-sale Ecosystems Safer

Investors are aware that “rug pull” scams have negatively affected the reputation of the DEFI/DEX space in recent times. But liquidity protocols could be an effective solution.

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