Electric vehicle maker Tesla posted a gross impairment loss of $204 million on its Bitcoin holdings in 2022, according to a report filed with the US Securities and Exchange Commission (SEC).
Despite recording a profit of 64 million from converting BTC into current money, the net loss turned out to…
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SEC
Ripple sees no settlement with the SEC
Ripple CEO Brad Garlinghouse doubts that the company could reach an understanding with the United States Securities and Exchange Commission (SEC).
These statements are based on the fact that Garlinghouse does not see that there are…
SEC wants to stop Voyager purchase
The United States Securities and Exchange Commission (SEC) may want to intervene in the acquisition of Voyager Digital by Binance.
The SEC asked a judge to completely stop this transaction, which involves the bankrupt company and Binance…
SEC to ask open-end funds to prepare for exits
The United States Securities and Exchange Commission (SEC) proposed a reform of the regulations that apply to open investment funds that would force them to have ten percent of their portfolio in very liquid assets to face possible capital…
SEC fines Kim Kardashian for Pump&Dump Ethereum Max promotion
This Monday, the United States Securities Commission reported a fine imposed on model Kim Kardashian for the alleged promotion on the social network Instagram of the Pump&Dump Ethereum Max scheme.
According to the SEC, the model must…
The SEC will create the Crypto Assets Office
Given the rise of cryptocurrencies in the financial markets, the United States Securities and Exchange Commission announced on September 9 that among the new departments it will create is the one dedicated to digital assets and related…
Twitter calls Musk’s attempt to stop the purchase invalid
The social network Twitter called "invalid and illicit" the new attempt by tycoon Elon Musk to scrap his acquisition of the company, after he cited complaints from the former head of Twitter security to add to the list of reasons to cancel…
Elon Musk confirms his decision with Twitter
Tesla CEO Elon Musk sent a letter ratifying his decision to cancel the purchase of the Twitter social network that had been set at $44 billion.
This information became known through a document filed with the US Securities and Exchange…
Meta Platforms makes its first bond issue
Meta Platforms, the parent company of Facebook, confirmed to the United States Securities Market Commission (SEC) the start of a placement of unsecured preferred bonds among institutional investors, in which it represents the company's…
Alibaba will seek to remain on the New York Stock Exchange
The Chinese e-commerce giant Alibaba assured that it "will strive" to maintain the trading of its titles on the New York Stock Exchange (NYSE), after the United States Securities Market Commission (SEC) has threatened to exclude it from…
US Senate considers regulating cryptocurrencies as commodities
The US Senate is studying the bipartisan bill called the Responsible Financial Innovation Act, which would give cryptocurrencies the status of commodities, such as oil or coffee, and would be under the supervision of the Commodities Futures…
Elon Musk pause Twitter buying temporarily
Elon Musk decided to temporarily suspend the purchase of Twitter, which he agreed to at the end of last April for some 44,000 million dollars, as reported by the tycoon through his official profile on the social network of the same name.…