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News

Read all the latest crypto news curated from the best local news sources globally. We provide up-to-date crypto news items so you can make the best investment choices.

Latest News in News

Leveraged Crypto ETFs Halted by SEC to Protect Investors
News · Latest News

Leveraged Crypto ETFs Halted by SEC to Protect Investors

The U.S. Securities and Exchange Commission (SEC) has halted applications for 3–5x leveraged crypto ETFs. The letters went to Direxion, ProShares and Tidal. The SEC cited the Investment Company Act of 1940, which limits fund exposure to 200% of their value-at-risk. This move highlights the risks of high-leverage crypto investment products. What the SEC Said […]

· 2 Min