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SEC Charges DCG and Genesis with $38M Fine for Fraud | INFbusiness

SEC Charges DCG and Genesis with $38M Fine for Fraud

The U.S. Securities and Exchange Commission (SEC) announced enforcement actions against Digital Currency Group (DCG) and its subsidiary Genesis on Friday, citing violations of securities laws. The SEC accused DCG and Genesis of defrauding investors through misrepresentation, resulting in penalties…

Wyoming, Massachusetts Propose Bitcoin Reserve Legislation | INFbusiness

Wyoming, Massachusetts Propose Bitcoin Reserve Legislation

Wyoming Representative Jacob Wasserburger introduced HB0201, the “State Funds-Investment in Bitcoin Act,” on Friday, proposing the creation of a strategic Bitcoin reserve. Wyoming took its first bold step toward a strategic bitcoin reserve! Thank you Rep. Wasserburger for introducing legislation…

Trump’s Pick Bessent Stands Against Digital Dollar | INFbusiness

Trump’s Pick Bessent Stands Against Digital Dollar

President-elect Donald Trump’s nominee for Treasury secretary, Scott Bessent, told the Senate Finance Committee on Thursday that the Treasury should refrain creating a central bank digital currency. “I see no reason for the US to have a central bank digital…

Sol Strategies Stock Soars 27% on Solana Staking App Launch | INFbusiness

Sol Strategies Stock Soars 27% on Solana Staking App Launch

Image: Sol Strategies CEO Leah Wald – “This launch represents a pivotal step in our journey” Publicly traded Canadian Solana infrastructure investor and holding company Sol Strategies (CSE:HODL OTCMKTS:CYFRF) has announced the launch of its new Solana mobile staking application…