#SEC

Highlights:  21Shares files for Spot Solana ETF with SEC, following VanEck’s similar move. The ETF will trade on the Cboe BZX Exchange, mirroring Solana’s performance. Coinbase Custody Trust Company will custody the SOL assets for the ETF. Swiss-based asset manager […]

Highlights: Supreme Court’s ruling mandates jury trials for SEC fraud cases, altering enforcement strategy. The decision challenges federal agencies’ use of administrative law judges. Justice Sotomayor’s dissent warns of disrupting the balance of power in governance. The U.S. Supreme Court […]

Highlights: VanEck files for the first Solana ETF with the U.S. SEC, pioneering new crypto investment products. Solana’s unique scalability, speed, and low costs make it a compelling candidate for an ETF. After the filing announcement, Solana surged by 6% […]

Highlights: Brad Garlinghouse criticizes SEC Chair Gary Gensler for negatively impacting the crypto industry. Mark Cuban echoes Garlinghouse, blaming Gensler for regulatory failures affecting the 2024 election. Former President Donald Trump supports crypto, which contrasts with Gensler’s approach and Biden’s […]

Highlights: Gary Gensler said the Spot Ethereum ETF trading approval process is going smoothly. Gensler mentioned that applicants must make appropriate disclosures before launching their products. He declined to comment on the ETH ETF launch date, Trump’s support for crypto, […]

Highlights: The Nigerian SEC has amended the rules pertaining to Digital Asset Issuance, Offering Platforms, Exchange and Custody. The SEC initiated the Accelerated Regulatory Incubation Programme for VASPs, requiring application updates within 30 days. Nigeria’s crackdown on crypto firms continues […]

Highlights: All eight spot Ethereum ETF applicants have submitted S-1 amendments detailing fees and seed investments. VanEck set its fee at 0.20% following Franklin Templeton’s announcement of 0.19% last month. Other issuers have not yet disclosed their fees. Analysts predict […]

Highlights: Jump Crypto under investigation by CFTC for trading and investment activities in the crypto sector. Jump Crypto faced setbacks, including hacks and losses from the FTX collapse. The investigation highlights regulators’ focus on crypto market compliance. The Commodity Futures […]

The U.S. Securities and Exchange Commission (SEC) has decided to close its investigation into whether Ethereum’s native token, Ether (ETH), should be classified as a security. This decision marks a notable shift in the regulatory landscape for Ethereum and its […]

Highlights: The SEC rejected Ripple’s comparison to Terraform Labs, citing significant case differences. Ripple’s penalty comparison based on Terraform’s ratio ignored gross profits, leading to a proposed $102.6 million penalty. The SEC emphasized that Terraform Labs’ bankruptcy and restitution measures […]

The Ethereum price (ETH) has soared 1.4 % in the past 24 hours to trade at $3,554 as of 7:53 am EST.  Accompanying this price surge, ETH’s 24-hour trading volume and market capitalization have skyrocketed, boasting 24% and 1.2%  to […]

Terraform Labs, a blockchain company founded by Do Kwon, is closing down after agreeing to pay a hefty $4.5 billion to settle a fraud lawsuit with the U.S. Securities and Exchange Commission (SEC). Terraform’s CEO, Chris Amani announced this significant […]