Crypto Biz: A crypto policy expert may run the SEC
This week’s Crypto Biz explores Singapore Gulf Bank’s plans to acquire a stablecoin firm, Binance delisting tokens, Cantor Fitzgerald’s stake in Tether and the first DOGE ETP. Go to Source
SEC
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MIAX exchange lists Bitcoin ETF options
MIAX joins Nasdaq and NYSE in listing options on Bitcoin ETFs. Cboe will start in December. Go to Source
Bitwise files S-1 registration for ETF tied to Bitcoin and Ether
After the 2024 US election, Bitwise and other asset managers seem to have been testing the regulatory waters for previously unapproved spot cryptocurrency ETFs. Go to Source
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
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