SEC | ForkLog - Part 6

ForkLog 34 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 57 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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ForkLog 25 28.02.2025

SEC Concludes Investigation with Coinbase

The U.S. Securities and Exchange Commission (SEC) has closed its case against the platform Coinbase, which was accused of operating without registration. The decision followed a change in the agency’s leadership. “It is time for the Commission to correct its approach and develop cryptocurrency policy in a more transparent manner,” said acting SEC Chairman Mark […]

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ForkLog 21 28.02.2025

SEC Clarifies Meme Coin Status and Warns of Risks

Meme coins are generally not considered securities and are closer to “collectible assets.” This is stated in a statement from the Division of Corporation Finance of the U.S. Securities and Exchange Commission (SEC). According to the document, participants in the “funny coins” market do not need to register with the agency. The SEC clarified that […]

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ForkLog 37 26.02.2025

SEC to Review Grayscale’s Ethereum Staking Proposal

SEC has accepted for review an application from NYSE Arca to permit Ethereum staking for Grayscale’s ETFs. The proposed amendment in the document grants Grayscale Ethereum Trust ETF and Grayscale Ethereum Mini Trust ETF the right to participate in the Proof-of-Stake validation mechanism and earn staking rewards under the funds’ control “to maximize the fund’s […]

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ForkLog 49 26.02.2025

SEC Concludes Investigation into Uniswap Labs

The team at Uniswap Labs has announced that the U.S. Securities and Exchange Commission (SEC) has concluded its investigation into the company. The regulator does not plan to file any charges. In April, the SEC issued a Wells notice claiming that Uniswap Labs operated as an unregistered broker, operated an exchange, and issued an unregistered […]

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ForkLog 71 24.02.2025

SEC Drops Investigation into Robinhood’s Crypto Division

The U.S. Securities and Exchange Commission (SEC) has ended its investigation into the crypto division of the online broker Robinhood. According to a press release, the regulator’s enforcement division informed the company of the conclusion of the review with no intention to press charges. In May 2024, the SEC warned the company of potential violations […]

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ForkLog 51 21.02.2025

SEC Commissioners to Vote on Dismissing Case Against Coinbase

Staff at the SEC have agreed to drop the lawsuit against Coinbase, pending approval from the agency’s commissioners. This was announced by the co-founder and CEO of the exchange, Brian Armstrong. SEC staff have agreed to dismiss their case against us (pending Commission approval).But this isn’t the end.It’s the beginning.And if there were ever a […]

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ForkLog 20 21.02.2025

DTCC Lists Canary Capital’s Spot Litecoin ETF

Proposed by Canary Capital in January, the spot Litecoin ETF has appeared in the asset list of the DTCC. This procedure has previously preceded the launch of a product. pic.twitter.com/ywSwq8SGIl — Phoenix » PhoenixNews.io (@PhoenixNewsIO) February 20, 2025 The exchange-traded fund still requires approval from the SEC. On February 6, the regulator also requested comments […]

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ForkLog 10 21.02.2025

SEC Restructures Cryptocurrency Division

The SEC has established a Cybersecurity and Emerging Technologies Unit (CETU) to combat cybercrime and protect retail investors from fraud in the realm of new technologies. This new structure replaces the division for crypto assets and cybersecurity. It is headed by Laura D’Allaird and comprises approximately 30 specialists. “Under Laura’s leadership, this new unit will […]

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ForkLog 8 20.02.2025

SEC Eases Stance on Cryptocurrency and DeFi Regulation

On February 19, the SEC filed a motion to withdraw its appeal against a ruling that limits the application of securities laws to cryptocurrency users and DeFi services. 1/ Today marks a complete victory for us – and the broader industry – in our lawsuit against the SEC over the dealer rule. The SEC voluntarily […]

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ForkLog 7 20.02.2025

SEC to Review Proposal for Staking in Ethereum ETF

Cboe has proposed to the SEC to include staking in an Ethereum ETF. The regulator will review applications for listing instruments based on digital assets. CBOE BZX has submitted a proposal to the SEC via form 19b-4, requesting approval for staking in a spot exchange-traded fund (ETF) based on Ethereum from 21Shares. SEC has *acknowledged* […]

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