SEC | ForkLog - Part 5

ForkLog 23 26.03.2025

Ripple Withdraws Appeal Against SEC

Ripple has agreed to withdraw its counter-appeal against the U.S. Securities and Exchange Commission (SEC) as the legal battle with the regulator concludes. The final crossing of t’s and dotting of i’s – and what should be my last update on SEC v Ripple ever… Last week, the SEC agreed to drop its appeal without […]

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ForkLog 25 23.03.2025

Fidelity Files for Tokenized Fund Launch

Fidelity, one of the largest issuers of crypto ETFs, has submitted documents to the SEC for the registration of a tokenized version of its U.S. money market fund, the Fidelity Treasury Digital Fund (FYHXX). Launched last year, the fund holds dollars and U.S. Treasury securities. The on-chain version uses the Ethereum blockchain to store information […]

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ForkLog 26 21.03.2025

SEC Clarifies PoW Mining Not Linked to Securities

The U.S. Securities and Exchange Commission (SEC) has clarified that mining using the Proof-of-Work consensus algorithm does not constitute an offer or sale of securities. “Accordingly, in the agency’s view, mining participants do not need to register transactions with the Commission under the Securities Act, nor do they fall under any of the registration exemptions […]

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ForkLog 33 20.03.2025

Ripple Considers Acquisitions Over IPO

Ripple is more interested in acquiring “other infrastructure blockchain projects” than going public, according to CEO Brad Garlinghouse in an interview with Bloomberg. “I won’t name specific names. At its core, Ripple is an infrastructure blockchain company. We sell our technology to businesses, primarily financial institutions. We are interested in other infrastructure blockchain companies,” he […]

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ForkLog 33 19.03.2025

SEC Withdraws Claims Against Ripple

The U.S. Securities and Exchange Commission (SEC) is withdrawing its appeal in the case against Ripple, as announced by the fintech company’s CEO, Brad Garlinghouse. This is it – the moment we’ve been waiting for. The SEC will drop its appeal – a resounding victory for Ripple, for crypto, every way you look at it. […]

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ForkLog 4 18.03.2025

SEC to Reassess Crypto Custody Regulations

Acting Chair of the U.S. Securities and Exchange Commission (SEC), Mark Uyeda, has directed a review of the proposal to tighten cryptocurrency custody rules, reports The Block. He noted that the rule, introduced in February 2023 under the previous U.S. administration, faced significant objections from industry representatives. The proposal aimed to impose stricter requirements on […]

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ForkLog 12 12.03.2025

SEC Delays Decision on Several Spot Altcoin ETFs

On March 11, the U.S. Securities and Exchange Commission (SEC) extended the review period for several applications to launch spot ETFs based on XRP, Solana, Litecoin, and Dogecoin. SEC is delaying a decision on all of the following… -In-kind creation & redemption for spot btc & eth ETFs -Staking in eth ETFs -xrp, sol, ltc, […]

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ForkLog 14 06.03.2025

Coinbase Revisits Launch of Tokenized Securities Trading

Coinbase plans to launch trading of security tokens in the United States and offer other crypto products, pending approval from the SEC. This was stated by the platform’s CFO, Alesia Haas, as reported by The Block. The plans emerged following discussions of initiatives with the agency’s digital assets task force led by Hester Peirce. The […]

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ForkLog 6 05.03.2025

Coinbase Demands SEC’s Spending Report on Crypto Regulation

The exchange Coinbase has requested information on how much the SEC spent on enforcement actions under the former leadership of Gary Gensler. The company’s chief legal officer, Paul Grewal, stated that the request was filed under the Freedom of Information Act (FOIA). We know the previous @SECgov’s regulation-by-enforcement approach cost Americans innovation, global leadership, and […]

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ForkLog 12 03.03.2025

SEC lawsuits and investigations against crypto firms persist

At least four lawsuits by the SEC against crypto companies remain active, and investigations into three firms are still open. That is according to CoinDesk. In the first category are Ripple, Kraken, Cumberland DRW and Pulsechain; in the second — Unicoin, Crypto.com and Immutable. Heading the SEC’s dedicated “crypto group” since February, Hester Peirce has […]

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ForkLog 29 03.03.2025

Court Dismisses SEC Lawsuit Against HEX Founder

The Eastern District Court of New York found part of the arguments by the SEC unsubstantiated in the case against the founder of HEX, PulseChain, and PulseX, Richard James Schueler, better known in the crypto industry as Richard Heart. According to the judge, the regulator failed to establish personal jurisdiction over Heart, a U.S. citizen […]

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ForkLog 50 28.02.2025

Joseph Lubin Announces Preliminary Agreement with SEC

The U.S. Securities and Exchange Commission (SEC) has tentatively agreed to withdraw its lawsuit against the developer of the non-custodial wallet MetaMask — ConsenSys. This was announced by the company’s CEO, Joseph Lubin. I’m pleased to announce that Consensys and the SEC have agreed in principle that the securities enforcement case concerning MetaMask should be […]

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