Court Strikes Down SEC’s Private Fund Regulation, Citing Overreach
The U.S. Securities and Exchange Commission (SEC) has lost another court case. On June 5, the 5th U.S. Circuit Court of Appeals overturned the SEC’s Private Fund Adviser rule, which was designed to enhance transparency w...
Original source
Read on Bitcoin NewsRelated market context
BlackRock investors seek to redeem 13% of private-credit fund shares in Q2
Investor confidence in private credit funds is waning, prompting potential liquidity challenges and calls for greater transparency...
Investors pull 13% from BlackRock private credit fund in Q1
Investor redemption pressures in private credit funds may trigger broader market liquidity issues, impacting risk assets like cryp...
Major crypto exchanges cancel SpaceX IPO allocations, promising refunds
Elon Musk’s SpaceX completed its landmark IPO on the Nasdaq on Friday, but crypto users seeking tokenized exposure to the IPO were...
Brazilian court denies release of ‘Bitcoin Pharaoh’ wife Mirelis Yoseline Diaz Zerpa
The court's decision underscores the ongoing global crackdown on crypto fraud, highlighting the challenges in regulating digital c...
Blackrock’s IBIT Leads $86 Million Bitcoin ETF Inflow as Ethereum Funds Extend Outflow Streak
Spot bitcoin exchange-traded funds (ETFs) drew $85.85 million in net inflows on Friday, with every one of the 12 tracked funds avo...
US-Iran peace talks accelerate after Apache helicopter shootdown, with Bitcoin emerging as unlikely diplomatic tool
Accelerated US-Iran peace talks highlight Bitcoin's role in sanctions evasion, potentially prompting stricter global crypto regula...