Securities and Exchange Commission (SEC) - Garner Ted Armstrong Evangelistic Association https://www.garnertedarmstrong.org Let No Man Take Your Crown Thu, 11 Jan 2024 21:36:58 +0000 en-US hourly 1 https://www.garnertedarmstrong.org/wp-content/uploads/2024/05/cropped-Screen-Shot-2024-05-16-at-1.06.13-PM-32x32.png Securities and Exchange Commission (SEC) - Garner Ted Armstrong Evangelistic Association https://www.garnertedarmstrong.org 32 32 Bitcoin ETF approval opens $1.7 trillion crypto door for Wall Street https://www.garnertedarmstrong.org/bitcoin-etf-approval-opens-1-7-trillion-crypto-door-for-wall-street/?utm_source=rss&utm_medium=rss&utm_campaign=bitcoin-etf-approval-opens-1-7-trillion-crypto-door-for-wall-street Thu, 11 Jan 2024 21:36:58 +0000 https://www.garnertedarmstrong.org/?p=45128 In a landmark case that was more than a decade in the making, the SEC has approved the first round of exchange traded products that can directly hold the world’s biggest cryptocurrency. Bitcoin prices topped $48,000 Thursday, marking the highest … Read More

The post Bitcoin ETF approval opens $1.7 trillion crypto door for Wall Street first appeared on Garner Ted Armstrong Evangelistic Association.

]]> In a landmark case that was more than a decade in the making, the SEC has approved the first round of exchange traded products that can directly hold the world’s biggest cryptocurrency.

Bitcoin prices topped $48,000 Thursday, marking the highest levels in nearly two years, following the approval of nearly a dozen investment products that will hold the world’s biggest cryptocurrency in what could be a watershed event for the $1.7 trillion digital asset market.

The CBOE Group confirmed the first-ever listings of a host of spot bitcoin exchange traded funds, or ETFs, which are set to begin trading today, marking perhaps the most significant event in the mainstreaming of the world’s biggest cryptocurrency.

The Securities and Exchange Commission, which has mulled the approval of bitcoin-backed exchange traded products for nearly a decade, gave the green light late Wednesday despite noting a host of concerns that challenge its mandate to protect investors.

Continue reading HERE

Source: https://www.thestreet.com/investing/bitcoin-etf-approval-opens-1-7-trillion-crypto-door-for-wall-street

[Disclaimer]

The post Bitcoin ETF approval opens $1.7 trillion crypto door for Wall Street first appeared on Garner Ted Armstrong Evangelistic Association.

]]> Binance Withdrawal Surges, Sees $231M in Net Outflows Amid SEC Charges https://www.garnertedarmstrong.org/binance-withdrawal-surges-sees-231m-in-net-outflows-amid-sec-charges/?utm_source=rss&utm_medium=rss&utm_campaign=binance-withdrawal-surges-sees-231m-in-net-outflows-amid-sec-charges Mon, 05 Jun 2023 21:53:22 +0000 https://www.garnertedarmstrong.org/?p=44019 The world’s largest crypto exchange was sued by SEC on Monday, alleging multiple securities law violations. Cryptocurrency traders are withdrawing funds from crypto exchange Binance as the U.S. Securities and Exchange Commission (SEC) sued the company and its CEO Changpeng … Read More

The post Binance Withdrawal Surges, Sees $231M in Net Outflows Amid SEC Charges first appeared on Garner Ted Armstrong Evangelistic Association.

]]> The world’s largest crypto exchange was sued by SEC on Monday, alleging multiple securities law violations.

Cryptocurrency traders are withdrawing funds from crypto exchange Binance as the U.S. Securities and Exchange Commission (SEC) sued the company and its CEO Changpeng “CZ” Zhao for violating federal securities law on Monday.

Blockchain data shows that the exchange endured some $231 million in net outflows over the past hour, according to blockchain intelligence platform Nansen.

Traders have withdrawn some $322 million of digital assets during this period, compared to the $91 million in deposits, per Nansen. The data excludes bitcoin (BTC) transfers.

Continue reading HERE

Source: https://www.coindesk.com/markets/2023/06/05/binance-endures-69m-in-net-outflows-within-an-hour-amid-sec-charge-nansen/

[Disclaimer]

The post Binance Withdrawal Surges, Sees $231M in Net Outflows Amid SEC Charges first appeared on Garner Ted Armstrong Evangelistic Association.

]]>