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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One of the SEC’s most vocal crypto critics pushed back on the agency’s new stablecoin guidelines, which were welcomed by many in the crypto industry.
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"Covered stablecoins," or tokens backed by physical fiat or high-liquidity assets and redeemable 1:1 with the US dollar are exempted from reporting requirements.
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Canary Capital, Franklin Templeton, and VanEck are among asset managers that have applied for a Solana ETF in the United States.
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The crypto exchange will reportedly be located in the same Wynwood neighborhood as Ripple Labs' Miami operation.
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US lawmakers in the Senate Banking Committee voted to advance four of President Donald Trump's picks for crucial government positions, including prospective SEC chair Paul Atkins.
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According to Elizabeth Warren and Maxine Waters, Americans deserve transparency about Donald Trump’s crypto initiatives and how they could potentially influence the SEC.
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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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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.
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US representative Maxine Waters reiterated a warning to acting SEC Chair Mark Uyeda following reports DOGE would gain access to sensitive agency information.
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XRP price has been in a rut, but is its negative funding rate a bullish or bearish sign?
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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.
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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.
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The US securities regulator closed its probe into Crypto.com seven months after serving the crypto platform with a Wells notice in August.
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The Louisiana lawmaker demanded that the Securities and Exchange Commission ensure that two standards of law don’t exist in the US.
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