News
The Securities and Exchange Commission and Gemini have asked for a 60-day stay of the regulator’s lawsuit to “explore a potential resolution.”
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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.
- News
Kentucky’s Department of Financial Institutions is the third state-level regulator in the past month to drop its action over Coinbase’s staking rewards.
4598 - News
US representative Maxine Waters reiterated a warning to acting SEC Chair Mark Uyeda following reports DOGE would gain access to sensitive agency information.
5855 - Altcoin Watch
XRP price has been in a rut, but is its negative funding rate a bullish or bearish sign?
7074 - Altcoin Watch
Diminishing user activity and stiff upward resistance are driving Cardano’s prices lower today with bears focused on pulling ADA price down toward $0.51.
987 - News
Responsible for attempts to shutter USAID and the CFPB, the team led by the world’s richest man has reportedly been given access to one of the biggest US financial regulators.
8188 - News
The US securities regulator closed its probe into Crypto.com seven months after serving the crypto platform with a Wells notice in August.
9064 - News
The Louisiana lawmaker demanded that the Securities and Exchange Commission ensure that two standards of law don’t exist in the US.
5930 - News
Paul Atkins did not directly answer senators’ questions on who might purchase his consulting firm if he were confirmed to the SEC.
5095 - News
From the SEC dropping cases to Trump’s rumored crypto tax breaks, this episode of The Clear Crypto Podcast dives into the legal and regulatory changes reshaping the crypto industry.
3887 - News
Peirce, head of the US Securities and Exchange Commission's crypto ask force, shared her expectations for digital asset regulation in a Trump administration at the DC Blockchain Summit.
2621 - Market Analysis
GameStop looks set to join the Bitcoin treasury party alongside Strategy, Metaplanet and MARA. Will this help BTC rise back above six figures?
6739 - Market Analysis
A bearish head and shoulders trading pattern, if completed, could kick off a 55% drawdown in XRP price.
17318 - News
Polymarket users are betting that an XRP ETF will be approved this year after the SEC dropped its appeal against Ripple.
13909 - News
The SEC has been walking back its historic hardline stance on crypto under the Trump administration, having held its first crypto roundtable earlier in March.
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