News
The ETF is waiting for US regulatory approval alongside roughly 70 other proposed crypto funds.
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Securities and Exchange Commission (SEC) Crypto News
The Securities and Exchange Commission (SEC) serves as a cornerstone of United States financial regulation, ensuring fair markets and protecting against fraud. The emergence of cryptocurrencies like Bitcoin (BTC) challenged established norms. Despite initially not interfering in the crypto space, the SEC intervened during the 2017 to 2018 initial coin offering frenzy, asserting securities laws on tokens like The DAO (DAO).
Key legal battles followed, including halting the Telegram Open Network and suing Ripple for unregistered XRP (XRP) sales. In a significant move, the SEC sued Binance in June 2023, alleging unregistered securities sales, implicating prominent tokens such as Solana’s (SOL), Cardano’s (ADA), Polygon’s (MATIC), Filecoin (FIL), Cosmos (ATOM), The Sandbox (SAND), Decentraland (MANA), Algorand (ALGO), Axie Infinity’s (AXS) and Coti (COTI). Coinbase also faced charges related to its staking service.
These actions reverberated globally, as nations often model their regulations after the U.S., highlighting the SEC’s international impact. Through its interventions and legal battles, the SEC shapes the future of crypto regulation, ensuring the integrity of digital markets and influencing global financial landscapes.
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Former SEC chair Jay Clayton has released public statements on criminal cases involving crypto since becoming interim US Attorney for the Southern District of New York on April 22.
1302 - News
The commission's crypto task force announced a meeting with Ondo Finance and law firm Davis Polk and Wardwell, both of which have supported Donald Trump through donations or deals.
1560 - News
The financial regulator said El Salvador's National Commission on Digital Assets agreed to a collaborative sandbox pilot program.
3775 - Analysis
Richard Heart, founder of crypto project HEX, has claimed victory over the US SEC in a court case alleging he committed securities fraud.
887 - News
Michael Saylor and Blue Macellari praised new SEC Chair Paul Atkins, calling him positive for Bitcoin and crypto policy.
4058 - Explained
Canada leads crypto innovation again by approving spot Solana ETFs with staking. This step is likely to expand crypto market access.
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Richard Schueler, who goes by Richard Heart, hailed the SEC’s abandonment of the fraud case against him as a victory for open-source software, cryptocurrency and free speech.
2404 - News
The Securities and Exchange Commission and US prosecutors alleged Ramil Palafox swindled $200 million from investors and funneled it through a fraudulent crypto trading company.
5842 - News
Trump pick Jay Clayton was appointed interim US attorney for the Southern District of New York after Senate Democrat leader Chuck Schumer blocked a vote on his confirmation.
2212 - News
Chiliz made a “strategic exit” from the US market in 2022 due to regulatory uncertainty and the FTX collapse.
2426 - News
Hester Peirce addressed Paul Atkins' potential conflicts of interest with the crypto industry and the direction the SEC may take under new leadership.
13554 - News
Coinbase confirmed it is considering applying for a US federal bank charter amid moves by crypto firms to integrate with the traditional financial system.
8309 - News
The token launched by a stablecoin project previously advised by Paul Atkins soared 13.6% as Coinbase confirmed its listing and Atkins was officially sworn in as SEC chairman.
3494 - Breaking news
Paul Atkins was sworn into office as the 34th chairman of the Securities and Exchange Commission.
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