The U.S. Securities and Exchange Commission (SEC) Chair proposed adjusting information disclosure frequency based on company size. Currently evaluating modifications to financial reporting requirements, with plans to change quarterly disclosures to semi-annual to save time and costs. The proposal needs to be submitted to the White House for review first.
Morgan Stanley's Head of Digital Assets Amy Oldenburg stated at the blockchain summit that the crypto ETF market is still in its early stages, with primary demand coming from self-directed investors. Morgan Stanley plans to allow clients to purchase Bitcoin ETFs starting from 2024 and will gradually expand accessibility. Institutional participation is rising, with some major financial institutions setting crypto asset allocations of 1% to 4%.
Bitrefill on March 1st suffered a cyberattack that resulted in the leak of approximately 18,500 customer records. The attack originated from a compromised employee laptop, employing tactics similar to those of North Korean hacker groups. The company has isolated systems and is working with experts to restore operations, while simultaneously strengthening cybersecurity measures.
