The Securities and Exchange Commission of the US has barred DeFi Development Corp’s $1 billion registration filing. The firm wanted to use the capital to invest in the Solana blockchain. The regulatory body found that the filing was not eligible because a necessary internal controls report in the Form 10-K
The Crypto ETF frenzy is accelerating in the US with the favorable environment under the Trump’s Presidency. Numerous filings are already in motion to get approval from the SEC. Nasdaq is the latest traditional stock trading platform that filed to list a crypto ETF on its platform. Nasdaq is planning
Representative Wiley Nickel, a Democrat from North Carolina, sent the request straight to US SEC Chair Paul Atkins, calling out the requirement for real transparency. With the agency’s mixed messages and recent legal battles stirring even more confusion in the crypto world, Nickel wants answers on how the SEC came
The Securities and Exchange Commission is creating a new method to encourage cryptocurrency growth and still keep an eye on the fast-changing digital asset industry. Paul Atkins, the chair, announced that an “innovation exemption” framework could change how crypto companies function in the United States. Temporary Relief to Drive Market
Michael Saylor, Executive Chairman and Co‑Founder of MicroStrategy, recently addressed concerns over quantum computing potentially breaking Bitcoin’s encryption. In a CNBC interview, he dismissed fears raised by firms like BlackRock that advanced quantum machines could render Bitcoin insecure. Saylor noted that anyone capable of building a quantum computer powerful enough to
Cactus Custody, Matrixport’s regulated digital asset custody platform, was awarded “Custodian of the Year: APAC” at the Hedgeweek Global Digital Assets Awards 2025 on 5 June in London. This marks its second consecutive win, reaffirming its position as a trusted custody provider for institutional clients across Asia Pacific. Hosted by
Llyodstern.com, a financial solutions company with a strong focus on client fund protection, has reinforced its infrastructure with upgraded security protocols, establishing deeper safeguards around all its digital and operational systems. In an increasingly financial environment, the company has shown a clear intent to prioritize internal integrity and client data
Ripple is making a big move in Asia’s Web3 space by launching a fresh grant initiative aimed at accelerating blockchain innovation in Japan. The company announced on June 9 that it has teamed up with Web3 Salon, a project backed by Japan’s External Trade Organization (JETRO) and driven by the
Citadel Securities, the Nasdaq-listed market-maker, is preparing to double down on cryptocurrency trading in 2025, driven by new regulatory clarity from the U.S. Securities and Exchange Commission (SEC). President Jim Esposito outlined the push during a June 4 conference call, stating that “crypto has passed the point of no return,” and
The legal war of Ripple Labs and the SEC of the United States reached another precarious stage on June 5, as a court deadline stared down investors. Since Judge Analisa Torres denied the joint motion filed for an indicative settlement ruling on May 15, XRP price has dropped by 18%,
