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
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).
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
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
As institutional demand for XRP continues to rise, expectations for a U.S.-approved XRP exchange-traded fund (ETF) have climbed significantly. According to decentralized prediction platform Polymarket, the odds of a spot XRP ETF receiving regulatory approval now stand at 83%, up from 70% earlier this week despite ongoing delays by the
The U.S. Securities and Exchange Commission (SEC) has again postponed its decision-making on several major crypto ETF applications, adding further uncertainty to the future of regulated digital asset products. But even in the midst of regulatory freeze, there is one product, a staking ETF tied to TRX (TRON) that is
SEC Commissioner Hester Peirce has clarified that most non-fungible tokens (NFTs), including those offering creator royalties, likely fall outside the scope of U.S. securities laws. Speaking at the “SEC Speaks” event in Washington, Peirce, who leads the SEC’s Crypto Task Force, emphasized that NFTs often lack the characteristics that define
The US Securities and Exchange Commission filed fraud charges against Unicoin and its executives. It claimed that the company has made several false claims regarding its native token and raised $100 million from investors. The top executives who are facing the heat of the SEC’s charges are the CEO of
The chairman of the Securities and Exchange Commission of the United States, Paul Atkins, has faced scrutiny on May 21 for the stance of the SEC on Trump-associated mememecoin and its management of the fraud case associated with Justin Sun. The questions arose at the time of a House Appropriations
