SEC
Ripple’s RLUSD Stablecoin Set to Go Live Despite the SEC’s Allegations
Crypto lawyer Bill Morgan has said the SEC’s claim of an infraction by Ripple for issuing the RLUSD stablecoin is incorrect. According to Morgan, Ripple disregarded the statement and worked...
SEC Targets Unicoin in Crackdown on Crypto as Gensler’s Resignation Nears
Crypto investment firm Unicoin received a Wells Notice from the SEC. This signals possible legal action over claims of fraud, deceptive practices, and the sale of unregistered securities. The SEC’s...
Ripple and Elon Musk Highlight SEC’s Legal Missteps Under Gensler
The United States Securities and Exchange Commission (SEC), under outgoing Chair Gary Gensler, has faced backlash across various sectors; the latest as and when, the agency demanded a monetary settlement...
SEC vs Elon Musk: Ripple Advocate Highlights Legal Inequality
The United States Securities and Exchange Commission (SEC) has issued a settlement demand to Tesla and SpaceX CEO Elon Musk, threatening legal action unless he complies within 48 hours. The...
SEC’s Crenshaw Faces Crypto Industry Pushback on Her Re-Nomination
Ripple’s Chief Legal Officer, Stuart Alderoty, has joined the growing opposition to SEC Commissioner Caroline Crenshaw’s re-nomination. In a post on X, Alderoty accused Crenshaw of being “even more rogue...
Hester Peirce Targets ‘Operation Chokepoint 2.0’ with 3 Crypto Fixes
SEC Commissioner Hester Peirce criticized what she referred to as ‘Operation Chokepoint 2.0,’ a regulatory chokehold stifling the crypto industry. In an interview with Fox Business, Peirce outlined three steps...
David Sacks Joins Call to Investigate Operation Choke Point 2.0
David Sacks, the newly appointed White House Crypto Czar, has joined calls to investigate Operation Choke Point 2.0, highlighting its potential harm to the crypto industry. Sacks voiced his concerns...
SEC Draws The Line on Crypto Products: Spot Solana ETF Rejected
Hopes for a Solana ETF were dashed after the U.S. Securities and Exchange Commission (SEC) announced plans to reject several spot applications. FOX reporter Eleanor Terrett confirmed the news, stating...
Solana ETFs Face SEC Pushback as Market Waits for 2025 Changes
The U.S. Securities and Exchange Commission (SEC) announced it will reject the 19b-4 filings for Solana ETFs submitted by two of the five applicants. According to Fox Business journalist Eleanor...
“Common Sense” Returns to SEC Under Atkins, Peirce, and Uyeda
Paul Atkins has been chosen as the new Chairman of the U.S. Securities and Exchange Commission (SEC) by President-elect Donald Trump, joining Commissioners Hester Peirce and Mark Uyeda. The announcement...
Solana ETFs Under SEC Scrutiny: Approval Timeline Revealed
The U.S. Securities and Exchange Commission (SEC) will review several Solana-based ETF applications as early as January 2025, sources have reported. According to data from Bloomberg Terminal, four institutions—VanEck, 21Shares,...
SEC Chair Watch: Trump to Name Gensler’s Replacement December 4
Fox Business correspondent Eleanor Terrett reported that President-elect Donald Trump plans to announce his pick to replace Gary Gensler as Chair of the U.S. Securities and Exchange Commission (SEC) tomorrow,...
Coinbase Ends Ties With Firms Hiring Biden Administration Alumni
Brian Armstrong, CEO of Coinbase, criticized law firms hiring former Biden administration officials who enforced stringent regulations on the crypto market. Armstrong announced that Coinbase would end relationships with any...
Five-Month High: ETH Gains as Derivatives Market and ETFs Lead Rally
Ethereum (ETH) is now trading above $3,700, a five-month high, as its price has climbed by 40% over the past four weeks. This strong performance has analysts predicting ETH will...
Ripple Labs’ Procedural Win Clouds SEC Case as XRP Hits $1.56
A California court has ruled to expedite judgment in the In re Ripple Labs Inc litigation, a procedural win for Ripple that has been misinterpreted by some as a victory...
SEC Leadership in Focus: Paul Atkins Backed as Top Candidate After Gensler
Pro-XRP attorney John Deaton voiced support for Paul Atkins to replace Gary Gensler as the next Chair of the SEC. Deaton has been quite vocal of Gensler’s leadership, accusing the...
SEC to Lose Crypto Oversight? Trump Pushes CFTC to Lead Digital Assets
President-elect Donald Trump’s administration is considering appointing the Commodity Futures Trading Commission (CFTC) to regulate the $3 trillion cryptocurrency market. This proposal aligns with Trump’s plans to reshape America’s financial...
Ripple’s XRP ETF Race Gains Traction With WisdomTree’s Filing
Pro-XRP attorney John Deaton termed Ripple’s XRP the most resilient digital asset as WisdomTree Funds, a leading New York-based asset manager, filed for an XRP exchange-traded fund (ETF) in Delaware...
Ripple’s IPO and SEC Clarity Could Propel XRP to $10
Ripple’s ongoing legal conflict with the SEC appears to be nearing a resolution, sparking optimism among XRP supporters. Rumors of an urgent meeting to discuss a settlement, coupled with SEC...
XRP’s Surge Tied to SEC Appeal Speculation, Ex-Lawyer Eyes January Outcome
XRP’s price went ballistic after rumors emerged of a potential withdrawal of the SEC’s appeal in the litigation between the commission and Ripple. The rumors are based on the impending...
Trump Appoints Scott Bessent as Treasury Secretary, Eyes Crypto-Friendly SEC Chair Next
President-elect Donald Trump has named Scott Bessent, an experienced investor and hedge fund manager, as the next Treasury Secretary. This significant appointment marks the first major move by Trump’s administration...
SEC Leadership in Flux: Gallagher Out, Atkins Leads Chair Race Odds
Dan Gallagher, Robinhood’s Chief Legal Officer, has withdrawn from consideration for the U.S. Securities and Exchange Commission (SEC) chair position. Once regarded as the top contender to replace Gary Gensler,...
SEC’s Dealer Rule Struck Down: DeFi Exchanges Safe from Overreach
A U.S. District Court struck down the SEC’s controversial Dealer Rule, declaring it exceeded the SEC’s statutory authority under the Exchange Act. The court sided with the plaintiffs, including key...
Ripple CEO Optimistic as Gensler’s SEC Exit Aligns with Trump’s Inauguration Day
Ripple CEO Brad Garlinghouse sees a turning point for the crypto industry as SEC Chair Gary Gensler announces his resignation, effective January 20, 2025, the day of President-elect Donald Trump’s...
CBOE is Not Giving Up on Solana ETFs: But Will the SEC Approve?
CBOE Global Markets re-submitted proposals to the Securities and Exchange Commission (SEC) for four Solana ETFs; the ETF issuers being VanEck, 21Shares, Canary Capital, and Bitwise. Bloomberg Senior ETF Analyst...
