SEC updates frequently asked questions about cryptocurrencies, clarifying that token repurchases without a central entity usually do not constitute investment contracts
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The US SEC has updated its FAQs on cryptocurrencies, clarifying that if there is no central entity behind token repurchases, the relevant arrangements usually do not constitute investment contracts. (Source: Eleanor Terrett)
Michael Bury converted direct short positions in Micron Technology, Nebius, Palantir, and SOXX into put options to increase leverage. Among them, the exercise price of Micron Technology's put option is $500, the exercise price of Nebius's put option is in double digits, the exercise price of SOXX's put option is $400, and the exercise price of Palantir's put option is $100. (Source: CNBC)
American AI infrastructure company Helix Digital announced a $1 billion investment from Samsung Group, with participation from Samsung Electronics, Samsung SDS, and Samsung SDI. (Source: Bloomberg)
[Hong Kong SFC Lists 4 Fraudulent Websites Related to DFX Labs]
The Hong Kong Securities and Futures Commission (SFC) announced that the licensed virtual asset trading platform DFX Labs Company Limited reported 4 websites, including dfx[.]cn and dfxcn[.]com, as fraudulent websites. The Hong Kong SFC has added these websites to the list of suspicious virtual asset trading platforms.
The Circle Foundation has launched two funding programs with the United Nations Development Programme (UNDP) and the World Food Programme (WFP) to explore the use of regulated stablecoins and digital financial infrastructure for humanitarian aid payments. Circle Foundation funds UNDP to establish a Digital Asset Innovation Pool, supporting its expansion of stablecoin payments to project delivery. Another grant granted to World Food Program USA supports WFP in establishing a governance, risk, compliance, and fund reconciliation framework for digital asset distribution. WFP plans to test stablecoin payment channels in 2 to 3 countries over the next three years. (Source: Bitcoin.com News)