VanEck, an asset management firm, has applied to the U.S. Securities and Exchange Commission for its "Onchain Economy" exchange-traded fund (ETF). The filing was revealed by Matthew Sigel, VanEck’s Head of Digital Assets Research, in a now-deleted social media post. The fund aims to tap into the rapidly expanding digital ...
Robinhood has reached a $45 million settlement with the U.S. SEC due to over 10 violations of securities laws. The settlement affects its broker-dealer subsidiaries, Robinhood Securities LLC and Robinhood Financial LLC. On January 13, the SEC released a statement revealing that two entities associated with Robinhood failed to comply ...
Coinbase Global Inc. has reached an important milestone in its legal battle with the U.S. Securities and Exchange Commission (SEC). A federal court presided over by Judge Catherine Polk Failla granted Coinbase's request for an interlocutory appeal, representing a notable legal victory for the cryptocurrency exchange. Paul Grewal, Coinbase’s Chief ...
2024 has been nothing short of historic for the cryptocurrency industry. The year delivered groundbreaking milestones, shocking developments, and transformative shifts that reshaped the landscape of digital assets. As the year closes, let’s reflect on the top 10 events that dominated headlines and their profound impact on the crypto ecosystem. ...
As Donald Trump prepares to return to the White House, his promise to dismantle "Operation Choke Point 2.0" has sparked optimism across the crypto industry. Long accused of stifling the sector through covert banking restrictions, the program has become a flashpoint in debates about innovation, regulation, and financial freedom in ...
Richard James Schueler, better known in the cryptocurrency world as Richard Heart, is now one of the most wanted individuals on Europol’s radar. Interpol recently issued a Red Notice for the Hex and PulseChain founder on behalf of Finland, where authorities allege he evaded hundreds of millions of euros in ...
The United States’ Securities and Exchange Commission has charged Tai Mo Shan Ltd., a subsidiary of Jump Crypto Holdings, in connection with the 2022 collapse of Terra’s algorithmic stablecoin, terrausd (UST). In a settlement announced recently, Tai Mo Shan agreed to pay $123 million to resolve allegations of misleading investors ...
The likelihood of a Solana exchange-traded fund (ETF) being approved has hit a major obstacle, with reports suggesting that the U.S. Securities and Exchange Commission (SEC) may not advance the applications under current leadership. According to Eleanor Terrett, a journalist with FOX Business, the SEC has reportedly informed at least ...
The Securities and Exchange Commission (SEC) may be reconsidering its legal battle against Ripple Labs, according to former Commodity Futures Trading Commission (CFTC) Chairman Chris Giancarlo. Speaking on Fox Business, Giancarlo suggested that the agency might abandon its appeal following a series of courtroom losses. “I think they should… I ...
Bitwise Asset Management, a prominent crypto asset manager with over $11 billion in client assets, has expanded its investment offerings in the cryptocurrency space. The firm recently filed a proposal with the SEC to launch an exchange-traded product (ETP) combining exposure to spot bitcoin and ether, the two largest cryptocurrencies. ...
