News
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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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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SEC Chair Paul Atkins said the new rules will make crypto exchange-traded products "less costly and more efficient."
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Veda protocol has appointed former SEC senior counsel TuongVy Le as general counsel, weeks after securing $18 million in venture capital funding.
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The Cboe has filed to list Canary Capital’s staked Injective ETF, potentially making it the third staked crypto ETF following Solana and Ether.
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SOL looks poised for a longer-term rally toward $260, but a few key changes need to happen first.
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The former penny stock is riding a 1,300% rally post-merger, as it looks to deepen its crypto treasury strategy with a billion-dollar funding push.
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Hive Digital Technologies, the first publicly traded Bitcoin miner, marks a major milestone at Nasdaq as it accelerates its HPC expansion.
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SEC greenlights Bitwise ETF, then halts it hours later — analysts say politics or missing crypto rules could be behind the sudden reversal.
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21Shares has filed a preliminary application with the US Securities and Exchange Commission for an ETF tracking the token of the DeFi platform Ondo Finance.
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As the US regulator explores streamlined rules for securities tokenization, Citadel Securities urges a focus on meaningful innovation.
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House Republicans have proposed a plan to trim the SEC’s budget and cut enforcement funding for a Biden-era rule requiring public companies to quickly report cyberattacks.
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BitGo confidentially submits S-1 filing to the Securities and Exchange Commission amid $100 billion in assets under custody and growing international expansion.
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ERC-3643 Association president Dennis O’Connell told Cointelegraph the SEC showed “a noticeable shift in tone” and openness to blockchain standards.
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Crypto industry hails GENIUS Act as a win, while Senator Elizabeth Warren criticizes it for consumer protection gaps.
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The move follows SEC guidance treating staking rewards as income, enabling asset managers like Canary to back blockchain-based tokens through delegated staking.
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