Grayscale Investments filed an Import-Form S-3 with the U.S. Securities and Exchange Commission (SEC) to convert its Digital Large Cap Fund (GDLC) into an exchange-traded fund (ETF). The application, submitted on April 1, seeks to change into a publicly traded product what is at present a private investment vehicle. The
The U.S. Securities and Exchange Commission (SEC) and Gemini Trust have jointly filed a motion to pause their ongoing legal dispute over Gemini’s crypto lending program. The motion, which was filed on April 1, 2025, before the U.S. District Court for the Southern District of New York, calls for a
The U.S. Securities and Exchange Commission (SEC) has closed its investigation into Hailey Welch, popularly known as the “Hawk Tuah Girl.” The SEC found no evidence of wrongdoing related to the $HAWK meme coin collapse. Welch will not face any charges or monetary sanctions. The $HAWK token, launched on the
The U.S. Securities and Exchange Commission has officially dismissed enforcement actions against Kraken, ConsenSys, and Cumberland DRW LLC. On March 27, the agency filed joint ASA stipulations for dismissal with prejudice regarding the cases. This means that the case cannot be refilled, which indicates a major regulatory shift. The SEC
SEC Chair nominee Paul Atkins and his spouse combinedly recorded at least $327 million net worth. Atkins also mentioned $6 million worth of crypto-related investments. In case, Paul Atkins confirms as the SEC chair after Senate hearing tomorrow, he will be the wealthiest SEC chair in the history. As per
Cboe BZX Exchange has officially submitted a 19b-4 filing to the U.S. Securities and Exchange Commission (SEC) to list a spot Solana (SOL) exchange-traded fund (ETF) from Fidelity. The filing, made on March 25, follows Fidelity’s registration of a Solana trust in Delaware. Fidelity joins asset managers such as VanEck,
The U.S. Securities and Exchange Commission (SEC) has officially closed its investigation into the Australian crypto-gaming firm Immutable. The company announced on March 26 that the regulator will not take any enforcement action against Immutable, the IMX Ecosystem Foundation, or its CEO James Ferguson. Immutable first revealed in October that
In the last 24 hours, the crypto regulatory sector has seen significant action. On March 25, several US states saw crypto investments and reserve bills pass through the Senate. Meanwhile, the market has witnessed a modest upsurge, with the largest cryptocurrency, Bitcoin, progressing to $87,000. On the other hand, the
With the beginning of Trump’s presidency this year, the face of the crypto industry changed in terms of regulation and adoption. Trump gave a green light to a crypto strategic reserve and revoked stringent rules around cryptocurrencies. Furthermore, the US SEC established a Crypto Task Force that is working diligently
The U.S. Securities and Exchange Commission (SEC) has officially acknowledged the filing for a 21Shares Spot Polkadot (DOT) ETF, marking a significant development in the crypto investment landscape. If approved, this ETF would allow investors to gain direct exposure to Polkadot (DOT) without needing to hold the asset themselves. 21Shares,
