News Centre

Statement On Unauthorized Access To The SEC’s @SECGov X.com Account, SEC Chair Gary Gensler, Jan. 12, 2024

Date 12/01/2024

Based on current information, staff understands that, shortly after 4:00 pm ET on Tuesday, January 9, 2024, an unauthorized party gained access to the @SECGov X.com account by obtaining control over the phone number associated with the account. The unauthorized party made one post at 4:11 pm ET purporting to announce the Commission’s approval of spot bitcoin exchange-traded funds, as well as a second post approximately two minutes later that said “$BTC.” The unauthorized party subsequently deleted the second post, but not the first. Using the @SECGov account, the unauthorized party also liked two posts by non-SEC accounts. While SEC staff is still assessing the scope of the incident, there is currently no evidence that the unauthorized party gained access to SEC systems, data, devices, or other social media accounts.

CFTC Commitments Of Traders Reports Update

Date 12/01/2024

The current reports for the week of January 09, 2024 are now available. Report data is also available in the CFTC Public Reporting Environment (PRE), which allows users to search, filter, customize and download report data.

Federal Reserve Board Announces Preliminary Financial Information For The Federal Reserve Banks’ Income And Expenses In 2023

Date 12/01/2024

The Federal Reserve Board on Friday released preliminary financial information for the Federal Reserve Banks' income and expenses in 2023. The 2023 audited Reserve Bank financial statements are expected to be published in coming months and may include adjustments to these preliminary unaudited results.

New York State Department of Financial Services Superintendent Adrienne A. Harris Announces $8 Million Penalty Against Genesis Global Trading, Inc. After DFS Investigation Finds Significant Failings In Anti-Money Laundering And Cybersecurity Programs - In Connection With The Settlement, Genesis Global Trading Will Surrender Its BitLicense

Date 12/01/2024

New York State Department of Financial Services (DFS) Superintendent Adrienne A. Harris today announced that Genesis Global Trading, Inc. (“Genesis Global Trading”) will pay an $8 million penalty to New York State for compliance failures that violated DFS’s virtual currency and cybersecurity regulations and left the company vulnerable to illicit activity and cybersecurity threats. Under Superintendent Harris, the Department has imposed its first penalties against virtual currency companies, to date levying more than $140 million to hold companies accountable. 

CCData Institutional Primer: The Impact Of The First US Spot Bitcoin ETFs

Date 12/01/2024

CCData is pleased to present its latest report, Institutional Primer: The Impact Of The First US Spot Bitcoin ETFs, which explores the developments following the U.S. Securities and Exchange Commission's (SEC) decision to approve a spot Bitcoin Exchange-Traded Fund (ETF). This report not only provides a comprehensive overview of the immediate market reactions but also offers a deep dive into the broader implications of this milestone. 

CFTC To Hold A Commission Open Meeting On January 22

Date 12/01/2024

Commodity Futures Trading Commission Chairman Rostin Behnam today announced the Commission will hold an open meeting on Monday, January 22 at 9:30 a.m. (EST) at the CFTC’s Washington, D.C. headquarters. Members of the public can attend the meeting in person, listen by phone, or view a live stream at CFTC.gov.

Nigerian Exchange Weekly Market Report For January 12th, 2024

Date 12/01/2024

A total turnover of 5.719 billion shares worth N88.828 billion in 80,064 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 3.320 billion shares valued at N41.755 billion that exchanged hands last week in 46,994 deals.

BIS Makes Changes To Its Executive Leadership Team

Date 12/01/2024

• Luis Bengoechea appointed as Head of the Banking Department, effective June 2024.
• Hyun Song Shin to assume role of Head of the Monetary and Economic Department, effective January 2025, upon the retirement of Claudio Borio at end-2024.

Cboe Digital Launches Margined Bitcoin And Ether Futures, Announces Successful First Trade

Date 12/01/2024

Cboe Digital announced it successfully launched margined Bitcoin and Ether futures and completed its first margined Bitcoin futures trade. With support from Blockfills, DV Trading LLC, Jump Trading Group, Marex, Toa Capital Partners and Wedbush in executing these trades, Cboe Digital becomes the first U.S. regulated crypto native exchange and clearinghouse to offer both spot and leveraged derivatives trading on a single platform.

Banks Remain Robust But Higher Interest Rates Could Impact Their Asset Quality, The EBA Finds

Date 12/01/2024

The European Banking Authority (EBA) today published its Q3 2023 quarterly Risk Dashboard (RDB) together with the Risk Assessment Questionnaire (RAQ). The publication also includes information on minimum requirement for own funds and eligible liabilities (MREL). EU/EEA’s banks remained highly profitable, well capitalised and maintained robust liquidity. Banks expect the asset quality to deteriorate as higher interest rates affect borrowers.