Tag: SEC

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 ...

Fidelity Investments has filed a request with the U.S. Securities and Exchange Commission (SEC) to introduce a tokenized share class for its blockchain-based U.S. dollar money market fund. The proposal seeks approval to launch an "OnChain" share class of the Fidelity Treasury Digital Fund (FYHXX), which holds cash and U.S. ...

The U.S. Securities and Exchange Commission (SEC) has announced the formation of a Crypto Task Force and a series of roundtables to address key regulatory concerns in the cryptocurrency industry. The “Spring Sprint Toward Crypto Clarity” initiative will begin on March 21 with an inaugural session titled “How We Got ...

The U.S. Securities and Exchange Commission (SEC) has agreed in principle to drop its securities enforcement case against MetaMask, according to Joseph Lubin, founder of blockchain firm Consensys. In a February 27 X post, Lubin stated that though they are waiting for a final decision from the regulator, the decision ...

Gemini, the crypto firm founded by the Winklevoss twins, is no longer facing scrutiny from the U.S. Securities and Exchange Commission (SEC). Co-founder Cameron Winklevoss revealed that the SEC decided against taking enforcement action nearly 700 days after launching its investigation and 277 days after issuing a Wells Notice. In ...

The United States Securities and Exchange Commission (SEC) has officially acknowledged NYSE Arca’s filing for a spot Cardano exchange-traded fund (ETF). In a notice dated February 24, the regulator confirmed that it has begun reviewing the proposal to list and trade the Grayscale Cardano Trust shares under NYSE Arca Rule ...

The U.S. Securities and Exchange Commission (SEC) has officially closed its investigation into the NFT marketplace OpenSea, according to Bloomberg. Co-founder and CEO Devin Finzer confirmed this move on X on February 22, calling it a significant win for the community and the broader digital collectibles space. He emphasized that ...

The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are reportedly looking into options for collaborating on regulating cryptocurrencies. According to Fox News journalist Eleanor Terrett, who referenced sources in a post on X on February 13, the agencies are contemplating reestablishing a joint advisory ...

Avalon Labs is setting its sights on launching the industry's first Bitcoin-backed debt public fund.  The company announced on February 12, 2025, that it is in the preliminary stages of submitting an application to the U.S. Securities and Exchange Commission (SEC) for a Bitcoin-backed Debt Exchange Traded Fund (ETF). The ...