SEC and CFTC to Facilitate Launch of Spot Crypto Markets
SEC and CFTC plan to coordinate the launch of spot crypto asset trading on regulated platforms, as announced in a joint statement by the agencies.
SEC and CFTC to Facilitate Launch of Spot Crypto Markets
SEC and CFTC plan to coordinate the launch of spot crypto asset trading on regulated platforms, as announced in a joint statement by the agencies.
92 Applications for Crypto ETFs Submitted in the US
SEC is reviewing 92 applications for the launch of cryptocurrency exchange-traded products.
US Court Finalizes SEC’s Case Closure Against Ripple
On August 22, the Second Circuit Court of Appeals in the United States approved the agreement between the Securities and Exchange Commission (SEC) and Ripple Labs to end the legal battle that began in 2020.
SEC Chair Suggests Limited Tokens as Securities
Only a few cryptocurrencies are considered securities, stated SEC Chairman Paul Atkins at a symposium in Wyoming.
SEC to draft clearer crypto rules after Ripple case
The U.S. Securities and Exchange Commission (SEC) plans to focus on drafting clear rules for the cryptocurrency industry after the conclusion of its five-year court battle with Ripple, said the regulator’s chief, Paul Atkins. Commissioner Peirce is right. With this chapter closed, we now have an opportunity to shift our energy from the courtroom to […]
SEC and Ripple Conclude Legal Battle, XRP Price Rises by 11%
SEC and Ripple Labs have concluded their legal dispute that began in 2020. The parties submitted a joint notice to the U.S. Court of Appeals for the Second Circuit, withdrawing further appeals. Following the Commission’s vote today, the SEC and Ripple formally filed directly with the Second Circuit to dismiss their appeals. The end…and now […]
Former SEC Official Warns Liquid Staking Could Be the Next Lehman Brothers
Amanda Fischer, former chief of staff at the SEC under Gary Gensler, has expressed concerns that liquid staking resembles the practices that led to the 2008 financial crisis. Her stance has drawn criticism from the cryptocurrency industry. The SEC’s latest crypto giveaway is to bless the same type of rehypothecation that cratered Lehman Brothers — […]
SEC Clarifies Liquid Staking Tokens Not Securities
The U.S. Securities and Exchange Commission (SEC) has clarified that, in most cases, liquid staking does not fall under securities law. This document is part of the Project Crypto initiative. Projects like Lido, Marinade Finance, JitoSOL, and Stakewise are not required to register with the SEC. The corresponding tokens are not considered securities, provided the […]
SEC and CFTC Propose New Rules for the Crypto Industry
CFTC has launched an initiative to legalize spot trading of cryptocurrencies on registered exchanges. Meanwhile, the SEC updated its guidance on stablecoin accounting rules. CFTC’s Steps The focus is on contracts that track the spot price of cryptocurrencies but are traded on registered derivatives markets (DCM). Acting CFTC Chair Caroline Pham described this as a […]
Bernstein Hails SEC’s Crypto Initiative as ‘Revolutionary’
Bernstein analysts have described Project Crypto as “the boldest and most transformative vision for cryptocurrencies ever articulated by the SEC.” This was reported by The Block. Experts predict that the project will bring innovation back to the country and transform the U.S. into a global hub for blockchain finance. Project Crypto was introduced by SEC […]
SEC Lowers Barriers for Altcoin ETFs
The United States Securities and Exchange Commission (SEC) has moved closer to approving new cryptocurrency ETFs, according to Bloomberg analyst Eric Balchunas. The SEC’s “Listing Standards” for crypto ETPs is out via new exchange filing. BOTTOM LINE: Any coin that has futures tracking it for >6mo on Coinbase’s derivatives exchange would be approved (below is […]
Truth Social Files for Crypto Blue Chip ETF
The company behind former US President Donald Trump’s social network, Truth Social, has submitted an SEC filing using Form S-1 to register an exchange-traded fund based on cryptocurrency “blue chips”—the Crypto Blue Chip ETF. Source: SEC. According to the documents, if approved, the product will include “primarily” Bitcoin, ETH, XRP, SOL, and CRO. The latter […]We use cookies to improve the quality of our service.
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