Sources within the market have indicated that Paul Atkins is likely to assume the position of Chairman of the U.S. Securities and Exchange Commission, potentially as early as […]
SEC Warns Influencers, Celebs Against Promoting Unverified Investments: 10-Year Jail Time Threatens Fraudsters
The Securities and Exchange Commission (SEC) is issuing a stern warning to celebrities, influencers, and bloggers against promoting unregistered investment schemes. Violators face up to 10 years in […]
Coinbase Targeted in Oregon Lawsuit Amidst SEC Policy Shift
A new lawsuit against Coinbase, a prominent cryptocurrency exchange, has emerged in Oregon as the Securities and Exchange Commission (SEC) adopts a more lenient approach to crypto regulation. […]
Canary Capital Files for Staked TRX ETF with SEC
Canary Capital has filed a proposal for a staked TRX exchange-traded fund (ETF) with the Securities and Exchange Commission (SEC). The filing, which involves BitGo Trust Company as […]
SEC Closes Investigation into CyberKongz NFT Project
The Securities and Exchange Commission (SEC) has concluded its investigation of the CyberKongz NFT project, reaching a decision without any regulatory action being announced. This closes the chapter […]
SEC Charges Major Crypto Exchange, Raising Concerns About Regulatory Compliance
The U.S. Securities and Exchange Commission (SEC) took action against a leading cryptocurrency exchange, filing charges on October 20th, 2023, in New York City. This move signifies an […]
Canary Capital Submits TRX Staking ETF Application to US SEC
Canary Capital has officially submitted an application to the U.S. Securities and Exchange Commission (SEC) for a specialized cryptocurrency exchange-traded fund (ETF). This proposed ETF focuses on TRX […]
Attorney Claims Crypto Industry Is Not Experiencing Regulatory Capture
Brandon Ferrick, general counsel at Douro Labs, believes the Securities and Exchange Commission’s (SEC) open dialogue regarding crypto regulation signifies a lack of regulatory capture within the industry. […]
DEF Requests SEC Create Token Safe Harbor for DeFi Innovation
In a letter sent to the SEC on April 18th, the DeFi Education Fund (DEF) outlined five core principles for crafting a balanced regulatory framework that encourages innovation […]
Gensler Discusses SEC’s Shifting Regulatory Strategy in Cryptocurrency
Gary Gensler, former Chair of the U.S. Securities and Exchange Commission (SEC), weighed in on the agency’s recent decision to abandon several high-profile cryptocurrency enforcement cases. His comments […]
XRP Community Frustrated as Appeal Delay Exceeds Expectations
James K. Filan’s recent update revealed that the court granted a joint motion to delay the SEC’s appeal in the Ripple vs. SEC case. This decision has sparked […]
Coinbase Faces New Legal Action Over Crypto Classification, Says Oregon AG
Oregon’s Attorney General, Dan Rayfield, has initiated a securities enforcement case against Coinbase Global Inc., challenging the company’s stance on the classification of crypto assets as digital commodities. […]
Canary Capital Seeks SEC Approval for TRX-Tracking ETF
Hedge fund Canary Capital has filed an S-1 form with the U.S. Securities and Exchange Commission (SEC) seeking approval to launch an exchange-traded fund (ETF) focused on Tron’s […]
Wall Street Exec Charged with Investor Fraud in Crypto Casino Venture
Richard Kim, a former executive at prominent Wall Street firms like Galaxy Digital, Goldman Sachs, and JPMorgan Chase, has been charged with defrauding investors in his crypto casino […]
Coinbase Faces New Lawsuit from Oregon Attorney General
Coinbase is embroiled in a legal battle again, this time with the Oregon Attorney General’s office. The state accuses Coinbase of operating illegally as an unregistered securities broker […]