SEC 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.

Though many filings in the SEC case were made under seal, Judge Jed Rakoff reportedly suggested that nothing would remain confidential should the matter go to t...
Terraform Labs and SEC lawyers spar over whistleblower in court: Report
Turner Wright
“Interested persons” will have 21 days to comment on a proposed rule change allowing the Cboe BZX Exchange to list and trade shares of the Fidelity Ethereum Fun...
SEC solicits comments on Fidelity’s spot Ether ETF application
Turner Wright
Charles Hoskinson took a jab at the perceived inconsistency in applying decentralization standards by the U.S. SEC.
US regulators doing ‘good job of alienating’ crypto sector — Cardano founder
Hermi De Ramos
Pando’s ETF bid comes as several spot Bitcoin ETF applications draw closer to a final decision deadline.
Bitcoin ETF race gets 13th entrant, BlackRock revises ETF model
Jesse Coghlan
Bitcoin ETFs could be subject to manipulation in the spot Bitcoin market. The SEC's chief concern is figuring out how to prevent manipulation induced by ETFs.
Research the dynamics of market manipulation before you jump in Bitcoin ETFs
João Marco Braga da Cunha
Follow up
The SEC’s delays on two spot Bitcoin ETFs could mean it’s lining up to approve all pending applications in one swoop, say analysts.
‘Clear runway’ opens for all Bitcoin ETF approvals in Jan — Analysts
Jesse Coghlan
The trading firm and its CEO, Kanav Kariya, allegedly manipulated the price of TerraUSD to gain roughly $1.3 billion in profits.
Jump Crypto filed docs confidentially in SEC v. Terraform Labs case
Turner Wright
Binance.US attorney Matthew Laroche has asked a federal judge to consider ending the SEC’s investigation for potential fraud.
SEC still looking for potential FTX-style fraud at Binance.US: Report
Brayden Lindrea

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