Ether ETF Approval Expected by Mid-July as SEC Decision Nears

The landscape of cryptocurrency investment is on the brink of a significant shift as asset managers anticipate the approval of the first US Ether ETF. The Securities and Exchange Commission (SEC) is currently in discussions with applicants, setting the stage…

Uniswap Labs Challenges SEC Over Crypto Regulation

Uniswap Labs, the decentralized trading platform on Ethereum, is standing firm against the US Securities and Exchange Commission (SEC). The New York-based startup asserts that the potential enforcement action suggested by the SEC is unfounded, as it fundamentally misunderstands the…

Investment Firms Face Uncertainty as SEC Reviews Ether ETFs

Investment companies eagerly awaiting the Securities and Exchange Commission’s (SEC) decision on launching exchange-traded funds (ETFs) based on the Ether cryptocurrency are facing mounting uncertainty. Despite the growing demand for these products, the SEC’s silence has left industry insiders bracing…

Kraken Challenges SEC in Legal Dispute Over Cryptocurrency Regulations

The ongoing legal battle between Kraken, a prominent cryptocurrency exchange, and the US Securities and Exchange Commission (SEC) has intensified with a recent filing by Kraken. In their reply to the SEC’s letter, Kraken challenges the agency’s case, claiming that…

SEC Targets Ripple Stablecoin as Unregistered Crypto Asset in Ongoing Legal Battle

The U.S. Securities and Exchange Commission (SEC) has recently set its sights on Ripple’s highly anticipated stablecoin. In a recent filing, the SEC characterized the stablecoin as an “unregistered crypto asset.” Ripple, known for its innovative approach to bridging traditional…

SEC Issues Warning to Robinhood Over Crypto Business Amid Regulatory Crackdown

The US Securities and Exchange Commission (SEC) has issued a warning to Robinhood Markets Inc., a renowned stock trading platform, regarding its crypto business. This development signifies the SEC’s unwavering commitment to its ongoing crackdown on digital assets. In response,…

Terraform Labs Deems SEC’s $5.3 Billion Fraud Penalty Proposal Unwarranted

Terraform Labs Pte, along with its co-founder Do Kwon, has recently faced significant legal challenges after being found liable for fraud by a New York jury. The U.S. Securities and Exchange Commission (SEC) accused Terraform and Kwon, the creator of…

SEC and Gensler Viewed Ethererum as Unregistered Security for Over 12 Months

In recent developments surrounding the ongoing lawsuit between Consensys and the United States Securities and Exchange Commission (SEC), new information has come to light regarding the SEC’s stance on Ether. The lawsuit has shed light on the regulatory body’s belief…

BNY Mellon Enters Bitcoin ETF Market as SEC Approves 11 Funds

BNY Mellon, the oldest bank in America and the largest asset custodian bank globally, has announced its foray into the world of cryptocurrencies. Through a recent quarterly filing with the U.S. Securities and Exchange Commission (SEC), it has been revealed…

Ripple Labs Fights SEC’s $2 Billion Fine Proposing a $10 Million Penalty Instead

In a significant legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), Ripple Labs has recently filed a compelling opposition to the SEC’s proposal to impose a massive fine of nearly $2 billion against the company.…