Switzerland’s financial markets regulation is under scrutiny due to its dysfunctional regulatory framework. Unlike the United States, which has a functional regulatory framework with proper checks, balances, and effective recourse in cases of regulator misconduct, Switzerland lacks proper oversight and recourse when the regulator behaves badly.The Securities and Exchange Commission (SEC) in the U.S. admitted […]
Crypto mining firms experienced strong trading volumes on American exchanges on Monday, with some mining shares even surpassing well-known U.S. tech giants. The combined trading volume of four mining firms — Marathon Digital, Riot Platforms, Cleanspark, and Terawulf — reached $208 million on Jan. 8, according to data from Yahoo Finance.Marathon Digital (MARA) emerged as […]
United States-based Bitcoin miner, CleanSpark Inc., is preparing to significantly enhance its mining capabilities. The company has plans to purchase up to 160,000 Bitmain S21 miners by the end of 2024. This strategic move is expected to increase CleanSpark’s hashrate from its current 10 exahashes per second (EH/s) to an impressive 50 EH/s over the […]
While the attack by US investment firm Hindenburg on the Indian Adani Group last year made the most headlines, many other activist campaigns have shaken the boardrooms of companies: from the British major bank HSBC, where activist Ken Lui demanded the breakup of the institution, to the oil giant BP, where climate activists submitted a […]
Former chairman of the United States Securities and Exchange Commission (SEC), Jay Clayton, has stated that the approval of a spot Bitcoin ETF is “inevitable”. In a recent interview with CNBC, Clayton expressed his belief that the SEC will soon approve the first spot Bitcoin ETF for trading in the United States. This comes after […]
Former US Securities and Exchange Commission (SEC) chair Jay Clayton has expressed his belief in the inevitable approval of Bitcoin ETFs. Clayton, who served as SEC chair from 2017 to 2020, emphasized the robustness and efficacy of the Bitcoin trading market, stating that it has significantly improved over the past five years.Clayton highlighted the importance […]
Omid Malekan, a renowned author and professor at Columbia Business School, has raised concerns about a tokenomics practice prevalent among newly launched layer-1 blockchains such as Aptos and Celestia. He fears that this practice may soon attract regulatory scrutiny and potential crackdowns.Malekan criticized the practice of allowing insiders with locked tokens to stake and earn […]
The US Securities and Exchange Commission (SEC) has recently filed a notice of supplemental authority in its lawsuit against Binance, Binance.US, and former CEO Changpeng ‘CZ’ Zhao. The SEC is citing the judgment in SEC v. Terraform Labs as a significant precedent in its case. This strategic move is aimed at leveraging the Terra ruling […]
Standard Chartered, a British multinational bank, has projected that Bitcoin (BTC) will reach a value of $200,000 by the end of 2025. This prediction indicates a more than 300% increase from its current trading value. The bank’s research note released on Monday suggests that the imminent approval of Bitcoin spot ETFs could result in an […]
Citigroup, a New York-based financial institution, is reportedly planning to establish its onshore investment banking unit in mainland China. The bank aims to launch this unit within a timeframe of 12 to 18 months, as per a report by Reuters that cites anonymous sources.The American lender has set a target to accommodate 30 individuals for […]
