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
The U.S. Securities and Exchange Commission (SEC) has delayed its decision on rule changes that would allow for the trading of proposed exchange-traded funds (ETFs) tracking XRP and Dogecoin, two of the world’s largest cryptocurrencies by market cap. The decision affects filings by 21Shares, which proposed an XRP ETF, and
Robinhood has filed a proposal with the U.S. Securities and Exchange Commission (SEC), seeking a unified federal framework for trading tokenized real-world assets (RWAs). The proposal marks a pivotal moment in bridging traditional finance with blockchain innovation. The core of Robinhood’s plan is legal clarity. Instead of pushing new technology
At the recent SEC Speaks event, US SEC Commissioner Hester Peirce, also known as the Crypto Mom, made a bold and clarifying statement: most crypto assets should not be considered securities. Peirce, who leads the agency’s Crypto Task Force, stressed that regulatory clarity is essential as the crypto space continues
The Securities and Exchange Commission’s sole remaining Democratic Commissioner, Caroline Crenshaw, has issued a stark warning about the agency’s recent approach to crypto regulation. She compares it to a dangerous game of “regulatory Jenga” that risks destabilizing market safeguards carefully built over decades. Regulatory Rollbacks Raise Alarm Bells In her
An Alabama man, Eric Council Jr., has been sentenced to 14 months in prison for his role in the January 2024 hack of the SEC’s official X account. The hack led to a false post claiming the SEC had approved spot Bitcoin ETFs, causing rapid market fluctuations. Council, 26, from
The US Securities and Exchange Commission and Everstake are in discussions to explore clearer regulatory definitions revolving around taking and blockchain networks. Recently, both bodies held a meeting related to the Crypto Task Force of the SEC. The meeting was followed by the staking of more than 193 billion dollars
The U.S. Securities and Exchange Commission (SEC) has delayed its decision on Grayscale’s spot Solana (SOL) ETF. The new deadline has been pushed to October 2025, according to a filing dated May 13. The application aims to list the ETF on the New York Stock Exchange (NYSE). This move mirrors
Tether Gold (XAUt), a digital asset backed by physical gold, is now available for trading in Thailand through a new listing on Maxbit, a Thai-licensed crypto exchange. The announcement, made on May 13, marks a major milestone for Tether as it expands its gold-backed asset offerings into the Southeast Asian
