SECs

Alibaba added to SEC’s delisting watchlist, shares fall

July 29 (Reuters) – Alibaba Group Holding Ltd (9988.HK), on Friday became the latest company to be added to the U.S. Securities and Exchange Commission’s list of Chinese companies that might be delisted.Alibaba’s shares were down 11% at $89.37 at the closing bell, ending the month 21.4% lower. The e-commerce giant’s shares were already feeling …

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Community reacts after SEC’s Gensler affirms BTC’s commodity status

United States Securities and Exchange Commission Chair Gary Gensler riled up Crypto Twitter on Monday after affirming that Bitcoin (BTC) is a commodity. Questions were raised about its impact on Grayscales’ proposed Bitcoin exchange-traded fund (ETF) and why Ether (ETH) wasn’t mentioned.Speaking to Jim Cramer on CNBC’s Squawk Box on Monday, the SEC chair said …

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