Reddit has confidentially submitted a draft registration statement with the Securities and Exchange Commission (SEC) for a proposed initial public offering of its common stock, the company announced on its Twitter page Dec.15.The numbers of shares to be offered and the price range for the proposed offering have yet to be determined, the announcement said.The IPO is expected to … [Read more...] about Reddit Confidentially Submits Draft Registration Statement for Proposed IPO
Draft
South African Pension Funds to Be Banned From Crypto Investment, Draft Rules Indicate
The South African government defines a crypto asset as any digital representation of value “not issued by a central bank, but is capable of being traded, transferred or stored electronically by natural and legal persons for the purpose of payment, investment and other forms of utility; applies cryptographic techniques and uses distributed ledger technology.” Source link … [Read more...] about South African Pension Funds to Be Banned From Crypto Investment, Draft Rules Indicate
Nigeria’s central bank issues draft guidelines on eNaira CBDC project
The Central Bank of Nigeria (CBN) has issued preliminary guidelines for its proposed eNaira digital currency.In a sensitization document sent to commercial banks in the country, the CBN outlined several design features of the central bank digital currency (CBDC).According to the document seen by Cointelegraph, Nigeria’s CBDC is codenamed “Project Giant” and will be pegged to … [Read more...] about Nigeria’s central bank issues draft guidelines on eNaira CBDC project
FATF draft guidance targets DeFi with compliance
The decentralized finance, or DeFi, space exploded over the last year, with a total value locked in DeFi of around $90 billion, according to DeBank. The DeFi ecosystem includes projects like Maker, Aave, Compound, Uniswap and more, with new ones rapidly emerging. DeFi is a broad concept to describe an emerging area of finance built using decentralized technological tools and … [Read more...] about FATF draft guidance targets DeFi with compliance
NFL’s ‘No.1’ draft pick Trevor Lawrence to receive an Ethereum and Solana bonus
Trevor Lawrence, the number one pick in this year’s National Football League (NFL) Draft, has signed a multi-year contract with crypto tracking app Blockfolio, as an announcement today.“Pumped to announce I’ve joined Blockfolio! Excited to help bring these two worlds together,” he tweeted.Pumped to announce I’ve joined @blockfolio ! Excited to help bring these two worlds … [Read more...] about NFL’s ‘No.1’ draft pick Trevor Lawrence to receive an Ethereum and Solana bonus