#SEC

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 […]

Highlights: Terraform Labs and Do Kwon agree to pay $4.47 billion to the SEC in a fraud settlement. The settlement permanently bans Terraform Labs and Kwon from trading crypto asset securities. Kwon must transfer $204.3 million to the Terraform bankruptcy […]

Highlights: Ilit Raz charged by the SEC with defrauding investors, falsely inflating Joonko’s revenue and customer base. Legal proceedings against Raz include SEC charges and a criminal case by the U.S. Attorney’s Office. Erica Y. Williams continues as PCAOB Chair, […]

Highlights: The SEC is currently evaluating ProShares’ spot Ethereum ETF filing submitted to NYSE Arca, with a 21-day public comment period. ProShares’ Ethereum ETF launch may be delayed longer than its competitor ETH ETFs, James Seifert said. Ether ETFs could […]

The American Securities Association (ASA) has initiated a lawsuit against the Securities and Exchange Commission (SEC), accusing the regulatory body of failing to adhere to the Freedom of Information Act (FOIA). The lawsuit, filed on June 6, demands that the […]