Markets
Referral & Affiliate
Rewards
Products
Support Center
News
Research
Download
English
FameEX Morning Crypto News Recap | June 16, 2023
2023-06-16 11:56:40
BlackRock Submits Application for Groundbreaking Bitcoin ETF in the US
BlackRock, the world's largest investment company, has applied for a Bitcoin spot exchange-traded fund (ETF) in the United States. If approved, it would mark the country's first crypto spot ETF and signify a significant development in the mainstream adoption of cryptocurrencies.
Federal Reserve and SEC Launch Investigation into Goldman Sachs Regarding Silicon Valley Bank's Securities Portfolio
The Federal Reserve and SEC are investigating Goldman Sachs over potential improprieties related to its acquisition of Silicon Valley Bank's securities portfolio. The authorities are specifically focused on obtaining documents regarding Goldman's dual role as the buyer of the portfolio and the bank's capital raiser, probing possible improper communications between the investment banking and trading divisions during the sale.
EU Regulator Initiates MiCA Consultation Set to Commence in July
The Federal Reserve and SEC are investigating potential improper communications between Goldman Sachs' investment banking and trading divisions regarding its acquisition of Silicon Valley Bank's securities portfolio. The agencies are focused on obtaining documents related to Goldman's dual role as the portfolio buyer and advisor for the bank's capital raise.
Texas State Regulators' Cease-and-Desist Order Indicates Insolvency of Crypto Firm Abra
Texas State Securities Board issues an emergency cease-and-desist order declaring Abra, the cryptocurrency firm, as either insolvent or close to insolvency. State securities regulators have reportedly been investigating Abra, with the company's founder, William Barhydt, being interviewed by a working group in March 2023.
House Financial Services Republicans Criticize SEC's Proposed Rule, Accuse Gensler of Promoting Personal Views on Digital Assets
House Financial Services Committee Republicans have expressed criticism towards SEC Chair Gary Gensler, alleging that he is imposing his own perspectives on cryptocurrency assets through proposed Rule 3b-16 amendments. In a letter to the SEC, Republicans object to the new definition of "exchange" and its potential consequences.Leading Stablecoins Witness Supply Decline as Market Sees $2.4B in Redemptions within 30 Days
In the period of May 15 to June 15, 2022, the stablecoin market witnessed over 2.4 billion redemptions, while three major stablecoins experienced a supply decline ranging from 4% to 19% compared to the previous month.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.
