In a major development in the long-standing legal battle over XRP, the U.S. Securities and Exchange Commission (SEC) and blockchain firm Ripple Labs have agreed to pause their respective appeals, paving the way for what many believe could be a final settlement. The joint decision to place the appeals in ...
The U.S. Securities and Exchange Commission has officially dismissed its case against Nova Labs, the team behind the Helium Network, which had accused them of selling unregistered securities. This development follows recent comments from Amir Haleem, CEO of Nova Labs, who revealed that the Solana-based Helium Network is preparing to ...
The U.S. Senate has confirmed Paul Atkins as the new Chair of the Securities and Exchange Commission (SEC), following a 52-44 vote that split mainly along party lines. The move positions a longtime crypto advocate and former SEC commissioner to lead the agency amid a changing regulatory landscape. Atkins, nominated ...
OpenSea is calling on the U.S. Securities and Exchange Commission (SEC) to formally exclude non-fungible token (NFT) platforms from regulation under federal securities laws. In a letter dated April 9 and addressed to SEC Commissioner Hester Peirce—head of the agency’s Crypto Task Force—OpenSea’s General Counsel Adele Faure and Deputy General ...
21Shares has officially filed a proposal with the U.S. Securities and Exchange Commission (SEC) for a spot exchange-traded fund (ETF) based on Dogecoin. On April 9, the company submitted a Form S-1 registration statement outlining the plans for the 21Shares Dogecoin ETF. This fund will track the price of Dogecoin ...
Teucrium Investment Advisors LLC is launching the first leveraged XRP exchange-traded fund (ETF) in the U.S. following SEC approval. The Teucrium 2x Long Daily XRP ETF will trade on NYSE Arca under the ticker XXRP starting April 8, as reported by Bloomberg. The ETF aims to provide investors twice the ...
Executives from several prominent U.S. crypto and financial companies are set to participate in the U.S. Securities and Exchange Commission's upcoming roundtable to discuss crypto trading regulations. Scheduled for April 11 at SEC headquarters in Washington, D.C., the event, titled "Between a Block and a Hard Place: Tailoring Regulation for ...
The U.S. Securities and Exchange Commission (SEC) and crypto exchange Gemini have requested a 60-day pause on the regulator’s lawsuit concerning the Gemini Earn program, signaling a potential resolution in the case. In an April 1 filing addressed to Judge Edgardo Ramos of the New York federal court, legal representatives ...
The U.S. Securities and Exchange Commission (SEC) has formally concluded its investigation into the cryptocurrency exchange Crypto.com without pursuing any enforcement action. The exchange revealed this news in a blog post on March 27th. Crypto.com had previously received a Wells notice from the SEC before initiating a lawsuit against the ...
The U.S. Securities and Exchange Commission (SEC) has officially closed its investigation into Immutable without taking any enforcement action, marking a significant moment for the Web3 gaming industry. In a statement released on March 26, Immutable confirmed that the SEC had decided against pursuing charges against the company, its IMX ...
