The U.S. Securities and Exchange Commission (SEC) has agreed to dismiss its lawsuit against Chicago-based crypto trading firm Cumberland DRW. The firm announced the decision in a March 4 post on X, stating that both parties had signed a joint filing to dismiss the case. The SEC initially sued Cumberland
The U.S. Securities and Exchange Commission (SEC) has agreed in principle to dismiss its lawsuit against cryptocurrency exchange Kraken. The decision marks a significant shift in the SEC’s approach toward the cryptocurrency industry, following a turbulent legal period for crypto platforms. The SEC has agreed in principle to dismiss its
The U.S. Securities and Exchange Commission (SEC) will host its first-ever roundtable on March 21, 2025, under the initiative called the “Spring Sprint Toward Crypto Clarity.”The roundtable, titled “How We Got Here and How We Get Out – Defining Security Status,” will take place at SEC headquarters in Washington D.C.,
The U.S. Securities and Exchange Commission (SEC) has formally concluded its probe of Yuga Labs. It is the firm behind the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) series and ApeCoin (APE). The SEC will not initiate any enforcement proceedings, closing the investigation that opened in October 2022. Yuga
A US judge has dismissed the Securities and Exchange Commission’s (SEC) fraud lawsuit against Hex founder Richard Heart. The judge ruled that the US lacked jurisdiction over the case. On February 28, US District Judge Carol Bagley Amon dismissed the SEC’s claims against Heart. The regulator accused him of raising
President Donald Trump will host a cryptocurrency summit at the White House on March 7. The event will bring together industry leaders, investors, and regulators to discuss the future of digital assets in the U.S. The summit will feature remarks from Trump and will be led by David Sacks, the
The U.S. Securities and Exchange Commission has officially dismissed its lawsuit against the crypto exchange Coinbase, reflecting a significant shift in the agency’s approach to cryptocurrency regulation in the U.S. The SEC vs Coinbase case dismissal was filed on February 27, permanently ending the legal proceedings against Coinbase, the second-largest
As the bears tighten their hold on the crypto market, the community experiences FUD. The crypto fear index has dropped to 21 indicating strong liquidations. Bitcoin fell to $79,000 in the past hour, further driving tensions upwards. Meanwhile, the SEC is scrutinizing memecoins. Notably, the SEC published an article discussing
The U.S. Securities and Exchange Commission (SEC) has formally closed its almost two-year probe of Gemini Trust Co., the crypto exchange established by the Winklevoss twins. Cameron Winklevoss said that the agency has resolved not to seek any enforcement action against the firm. The investigation lasted 699 days and included
The U.S. Securities and Exchange Commission (SEC) is reviewing a proposal from Grayscale Investments to include staking in its proposed Ethereum ETFs. If approved, this could change how investors engage with Ethereum. The proposal was officially acknowledged by the SEC after NYSE Arca submitted it on February 14, 2025. This
