Nasdaq-listed Webus International has filed1322 a Form 6-K with the U.S. Securities and Exchange Commission (SEC), detailing its intent to raise $300 million for an XRP-focused corporate treasury. The Chinese firm, known for its automotive and hospitality ventures, aims to leverage Ripple’s payment infrastructure while adopting XRP as a core
In a captivating 60-minute interview with BrandTalks host Lilly Douse, QuickSwap co-founder Roc Zacharias revealed his time-tested formula for success in the rapidly evolving Web3 landscape. The veteran blockchain entrepreneur, known for his pivotal role incubating Polygon and its premier DEX, shared invaluable wisdom gleaned from years navigating the volatile
Hester Peirce, the Republican SEC Commissioner, states that the Securities and Exchange Commission is out of the business of regulating memecoins, and investors should not anticipate any guidance on $TRUMP. In February, the SEC said that it does not consider memecoins securities under U.S. federal law. This event was followed
The U.S. is inching closer to launching its first staking-focused crypto ETFs, with REX Shares leading the charge. The firm’s filings for Ethereum (ETH) and Solana (SOL) staking ETFs have caught analysts’ attention, not just for the assets involved, but for the regulatory maneuvers used to fast-track their approval. “These
In a major win for the crypto industry, the U.S. Securities and Exchange Commission (SEC) has voluntarily dismissed its civil lawsuit against Binance, the world’s largest cryptocurrency exchange. The dismissal, filed in a Washington, D.C. federal court on May 29, 2025, marks a turning point in regulatory enforcement, as the
US Congress introduced the Digital Asset Market Clarity (CLARITY) Act, aiming to redefine how digital assets are regulated in the United States. The bill, unveiled by House lawmakers on Thursday, seeks to transfer most crypto oversight from the Securities and Exchange Commission (SEC) to the Commodity Futures Trading Commission (CFTC).
As more governments are focusing on crypto regulation, scrutiny over existing crypto firms is also increasing. The Thailand SEC has decided to block multiple exchanges from operating in the country for violating its laws. Among them, Bybit and OKX are the top exchanges, the former being the second-largest crypto exchange
MiCA has made it mandatory for crypto asset trading service providers to secure their license to be able to operate in European countries. Its policies became effective and improved the regulatory environment for crypto in Europe at the beginning of this year. Bybit is the latest crypto exchange that secured
SEC Hits Pause on Bitwise ETF Conversion The U.S. Securities and Exchange Commission (SEC) has again put the brakes on the crypto market’s ETF hopes. This time by putting on hold a decisive decision on Bitwise’s planned transformation of its flagship index fund into an exchange-traded fund (ETF). This action
Stuart Alderoty, Ripple’s Chief Legal Officer, formally requested the SEC for a clear-cut mention regarding the classification of cryptocurrencies particularly which are traded on secondary markets. In Alderoty’s opinion, not having rules in place stifles innovation and places U.S.-based blockchain companies are at a disadvantage in the worldwide market. The
