Under new SEC Chair Paul Atkins, cryptocurrency regulation is shifting from aggressive enforcement on minor breaches to targeting clear fraud, contrasting Gary Gensler's approach. This fosters innovation through warnings and compliance periods, reducing uncertainty. The strategy aims to balance investor protection with industry growth in the digital asset space.
Hyperscale Data Inc. announced a $100 million Bitcoin treasury strategy to transform into a pure-play AI and digital asset firm, funded by asset sales and equity offerings. The plan includes weekly disclosures and yield tactics, amid AI data center expansion. This move boosted its stock, signaling growing corporate crypto adoption.
|
