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
Grayscale, one of the biggest names in crypto asset management, just rolled out a new Artificial Intelligence Crypto Sector as part of its broader Crypto Sectors lineup in its official X page. The move taps into the fast-growing buzz around AI in Web3 and shows Grayscale’s push to make sense
The Securities and Exchange Commission of the United States has officially started to review the WisdomTree XRP Trust, an offered spot exchange-traded fund (ETF) that allows investors to have exposure to XRP. Cboe BZX Exchange filed the application, which marks the first official SEC review of a U.S.-based spot XRP
Nasdaq has filed Form 19b-4 with the U.S. Securities and Exchange Commission (SEC) to list the 21Shares Spot Sui ETF, formally triggering the regulatory review process. The move follows 21Shares’ prior S-1 registration submitted on April 30, with both filings necessary before trading can begin. If approved, the ETF would
India’s cryptocurrency sector is actively advocating for tax changes as officials in New Delhi engage with the industry. The change in policy follows a renewed pro-crypto position from the United States after Donald Trump’s return to the White House. According to a report by Financial Times, since 2022, India has
