Gensler’s SEC made US ‘nearly untenable’ for crypto firms, say observers
Gary Gensler is going, but the lawsuits against crypto firms may continue — until Congress defines how securities laws apply to digital assets. Go to Source
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Hashdex again amends S-1 for Nasdaq Crypto Index US ETF
Another amended filing signals continued progress toward bringing a diversified cryptocurrency index fund to US exchanges. Go to Source
WisdomTree files for XRP ETF in Delaware
This state-level filing is seen as a preliminary step toward SEC approval. Go to Source
SEC Push Against Elon Musk Stalls as Judge Denies Sanctions
A U.S. federal judge declined the SEC’s request to sanction Elon Musk over his absence from a court-ordered testimony related to his $44 billion acquisition of Twitter. Judge Jacqueline Scott Corley ruled sanctions unnecessary as Musk testified on Oct. 3 and reimbursed the SEC $2,923 for travel expenses. The SEC argued Musk violated a May … Read more
SEC nets record $8.2B from enforcement, mostly from Terraform Labs
Terraform Labs’ near $4.5 billion settlement with the SEC has contributed to a record year for the agency’s financial penalties. Go to Source
SEC Reports Record $8.2B in Remedies With 583 Enforcement Actions in 2024
The SEC’s record-breaking enforcement year revealed unprecedented financial penalties and bold action against high-risk sectors, including crypto and private funds, marking a pivotal moment for market regulation. SEC Achieves Historic $8.2B in Remedies From 583 Enforcement Actions in 2024 The U.S. Securities and Exchange Commission (SEC) announced on Friday a record-breaking year for enforcement in … Read more
Ripple Legal Chief Offers SEC Advice on Reforming Crypto Rules Under New Leadership
Ripple’s legal chief has unveiled bold strategies for incoming SEC leadership amidst crypto shifts, spotlighting Ripple’s battle-tested blueprint involving XRP. Bold Steps Needed: Ripple Legal Chief’s Vision for SEC’s Crypto Reset Ripple’s chief legal officer, Stuart Alderoty, shared his recommendations on social media platform X Thursday for the incoming U.S. Securities and Exchange Commission (SEC) … Read more
Pro-Crypto Shift at SEC Begins as Anti-Crypto Commissioner Steps Down After Gensler Resigns
The SEC’s anti-crypto grip falters as Commissioner Lizárraga and Chair Gensler exit, clearing the path for a pro-crypto revolution in U.S. markets. SEC’s Anti-Crypto Stance Wavers as Another Key Resignation Hits U.S. Securities and Exchange Commission (SEC) Commissioner Jaime Lizárraga has announced his intention to step down from the agency on Jan. 17, 2025. In … Read more
SEC Unveils Plan to Compensate Investors in Mila Kunis’ Stoner Cats
The SEC seeks to compensate investors in Mila Kunis-backed Stoner Cats NFTs, which were deemed an unregistered securities offering that violated federal law. Stoner Cats Investors to Be Compensated Under SEC’s Proposed Fund Plan The U.S. Securities and Exchange Commission (SEC) has announced a proposed plan to distribute funds collected from Stoner Cats 2 LLC … Read more
What’s Next for Crypto: SEC Examination Priorities in 2025
In the SEC’s latest report detailing the Examination Priorities for 2025, the Commission has reinforced its gameplan to keep a close eye on the crypto industry. As the market for digital assets continues to grow in both size and complexity—particularly with the introduction of Bitcoin ETFs and similar ETH products—the SEC’s Division of Examinations is … Read more