SEC | ForkLog - Part 3

ForkLog 14 30.05.2025

SEC Clarifies Staking Regulations

The U.S. Securities and Exchange Commission (SEC) announced that under certain conditions, staking does not violate American securities laws. The document prepared by the Division of Corporation Finance is not a legally binding guide but rather an analysis by the regulator. Experts told CoinDesk that the statement effectively permits companies to offer staking services, including […]

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ForkLog 80 23.05.2025

SEC to Review TRON-Based ETF Application

The U.S. Securities and Exchange Commission (SEC) has commenced its review of an application from the CBOE to register a spot exchange-traded fund (ETF) based on TRON (TRX) with a staking feature from Canary Capital. Bitgo will serve as the custodian for the product. The agency has invited interested parties to comment on the proposed […]

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ForkLog 4 21.05.2025

SEC Accuses Unicoin of $100 Million Fraud

The Securities and Exchange Commission (SEC) charged Unicoin and three of its executives with fraudulently offering certificates for its token and shares. The lawsuit names the following individuals: Chairman and CEO Alex Konanykhin; former head and current board member Silvina Moschini; former Chief Investment Officer Alex Dominguez. According to the SEC, the company made unverified […]

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ForkLog 13 06.05.2025

Cryptocurrency Mentions in SEC Filings Reach Record High

In April, the number of mentions of “cryptocurrencies” in reports to the SEC surged to a record 786. This figure rose by 38% month-on-month and 8% year-on-year, according to The Block. From January 2024 to March 2025, the average monthly figure was 457. The publication suggests this spike indicates increased federal agency attention to digital […]

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ForkLog 27 30.04.2025

SEC Drops Investigation into PayPal’s Stablecoin

The U.S. Securities and Exchange Commission (SEC) has concluded its investigation into the PYUSD stablecoin from payment giant PayPal. The regulator informed the company of the closure of the inquiry without any claims or penalties. PayPal received a request from the SEC for documents regarding the “stablecoin” in November 2023. At that time, company representatives […]

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ForkLog 11 26.04.2025

Nasdaq Proposes Cryptocurrency Categorization to SEC

Experts from the American exchange Nasdaq have sent a letter to the SEC’s cryptocurrency task force with recommendations regarding the regulation and taxonomy of digital assets. “The existing market ecosystem can easily absorb digital assets by establishing proper taxonomy and calibrating certain rules to reflect what is truly innovative in digital assets,” the document states. […]

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ForkLog 8 25.04.2025

Industry Participants Share Expectations for New SEC Chair

The cryptocurrency industry braces for significant regulatory transformation following the appointment of Paul Atkins as the head of the SEC. Cointelegraph has compiled opinions from several industry leaders. During his confirmation hearings, Atkins identified the establishment of a clear and understandable regulatory framework for digital assets as his priority. He emphasized his intention to focus […]

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ForkLog 24 25.04.2025

SEC Drops Dragonchain Case but Delays Crypto ETF Decisions

SEC and representatives of Dragonchain founder John Joseph Roets, along with affiliated companies, have filed a joint agreement in court to dismiss the case initiated in 2022. This was reported by The Block. Three years ago, the regulator accused Roets, Dragonchain, Dragonchain Foundation, and Dragon Company of an unregistered securities offering in 2017, raising $16.5 […]

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ForkLog 128 23.04.2025

SEC Accuses PGI Global CEO of $198 Million Cryptocurrency Fraud

The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against PGI Global CEO Ramil Palafox, accusing him of orchestrating a cryptocurrency pyramid scheme that amassed $198 million from clients. According to the regulator, from January 2020 to October 2021, the company sold “membership packages” promising returns of up to 200%. These products were […]

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ForkLog 13 23.04.2025

Unicoin Rejects SEC’s Settlement Proposal

Unicoin co-founder and CEO Alex Konanykhin informed investors in a letter that the cryptocurrency firm has rejected an attempt by the SEC to negotiate terms for ending its investigation against the company. This was reported by CoinDesk. He described the regulator’s proposal as an “ultimatum.” “We refused to appear,” the entrepreneur confirmed in a comment […]

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ForkLog 26 23.04.2025

HEX Founder Claims Victory Over SEC

The U.S. Securities and Exchange Commission (SEC) has decided not to reopen the case against Richard James Schueler, the founder of HEX, PulseChain, and PulseX, known as Richard Heart. The entrepreneur announced this on X, citing a letter from the agency. Today the SEC notified the court that it “…does not intend to file an […]

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ForkLog 8 22.04.2025

Paul Atkins Takes Helm at SEC

Paul Atkins has been sworn in as the new chairman of the U.S. Securities and Exchange Commission (SEC). His nomination was put forward by U.S. President Donald Trump and approved by the Senate. Atkins has identified the establishment of a clear and comprehensible regulatory framework for digital assets as his priority. He emphasized his intention […]

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