US Securities and Exchange Commission (SEC)

SEC authorizes Bitcoin-spot ETFs in crypto's breakthrough - THE EDGE SINGAPORE

Cryptocurrency

SEC authorises Bitcoin-spot ETFs in crypto's breakthrough

The SEC authorises ETFs to launch after a decade of denials, but Gensler says agency does not "approve or endorse" Bitcoin.
Coinbase sued by SEC for breaking US securities rules - THE EDGE SINGAPORE

Cryptocurrency

Coinbase sued by SEC for breaking US securities rules

The news comes a day after Binance was sued by the SEC.
US's SEC sues Binance and CEO Zhao for breaking securities rules - THE EDGE SINGAPORE

Cryptocurrency

US's SEC sues Binance and CEO Zhao for breaking securities rules

Binance called the complaint “disappointing,” saying it had engaged with the SEC in good-faith negotiations to settle the matter.

Tong's Portfolio

When something is free, you are the product

Time is a critical factor and is inversely related to the value (and profit opportunity) of an analyst recommendation.
Fresh Off The Block: US SEC brings on 20 new officials for accelerated crypto crackdown and more - THE EDGE SINGAPORE

Cryptocurrency

Fresh Off The Block: US SEC brings on 20 new officials for accelerated crypto crackdown and more

SEC Chair Gary Gensler applauded the hires as overdue and key to regulating one of Wall Street's newest industries. Photo: Reuters

Cryptocurrency

CEO of crypto firm Terraform Labs subpoenaed by US's SEC as it sues in response

The subpoenas are among the latest efforts by US authorities to assert their purview over crypto companies even when based abroad.
Briefs: IMF curbs Afghanistan’s funding access; world’s leading wealth fund makes US$110 bil as stocks soar - THE EDGE SINGAPORE

Global Economy

Briefs: IMF curbs Afghanistan's funding access; world's leading wealth fund makes US$110 bil as stocks soar

The new government in Afghanistan is cut off from using fund reserve assets days before the nation was set to receive almost US$50

In print this week

SGX's first DCS listing is a letdown

SINGAPORE (April 17): When the dual-class shares (DCS) structure for Singapore-listed companies was first mooted in 2016, the proposal generated quite a buzz. This came at a time when the Singapore Exchange (SGX), itself suffering from a dearth of major I

Markets

Singapore touted as capital markets model for developing nations

(Nov 15): Singapore is turning out to be a model of capital-market development for some countries in the Middle East and Africa, according to Michael Piwowar, former commissioner at the US Securities and Exchange Commission.

Malaysia

Genting Malaysia defends Empire stake buy

KUALA LUMPUR (Aug 16): Genting Malaysia Bhd (GenM) says its RM538 million ($178.4 million) related party transaction (RPT) to acquire a stake in Empire Resorts Inc is deemed a “worthwhile investment”.
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