Crypto.com Files Suit Against SEC Over Expanded Jurisdiction Claims

Crypto.com has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC), challenging the regulator’s authority over the sale of digital assets on secondary markets. The lawsuit, filed in the United States District Court for the Eastern District of Texas, alleges that the SEC is unlawfully extending its jurisdiction to include most digital tokens … Read more

SEC Flags Risks in Crypto and Emerging Tech Investment Scams

The U.S. Securities and Exchange Commission (SEC) is raising alarms about the growing risks of cryptocurrency scams and other investment fraud during World Investor Week 2024. Amid the rising influence of AI, social media, and aggressive financial marketing, investors are struggling to find reliable advice. The agency is focusing on scams involving cryptocurrencies, financial grooming, … Read more

Bitwise Plans ETF Merger, Aims to Launch Momentum-Based Bitcoin and Ether Fund 

Asset manager Bitwise has filed a proposal with the U.S. Securities and Exchange Commission (SEC) to merge three bitcoin and ethereum futures exchange-traded funds (ETFs) into a single fund. This new fund will utilize a momentum-based strategy, targeting both bitcoin and ether futures. Bitwise to Combine Bitcoin and Ethereum ETFs According to the SEC filing, … Read more

Study: Nearly Half of US Voters Value Pro-Crypto Stance, Trump Seen as Savvier

A Consensys and Harrisx study found that nearly half of U.S. voters support pro-crypto policies and are willing to cross party lines for pro-crypto candidates. The study revealed that 85% of respondents want presidential candidates to take a pro-crypto position, indicating significant voter interest in the issue. Voters Demand Pro-Crypto Candidates A Consensys and Harrisx … Read more

SEC Appeals Ripple Case, Citing Errors in Final Judgment

The U.S. Securities and Exchange Commission (SEC) has filed a formal notice of appeal against Ripple Labs in the U.S. Court of Appeals for the Second Circuit. The appeal follows a district court’s ruling in August, which the SEC argues contained significant legal errors. SEC Challenges Ripple Labs Ruling in U.S. Court of Appeals On … Read more