Another day another exciting move from the Trump administration. In the latest development, the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission collaborated on crypto regulations. The collaboration officially rolls on when a16z crypto policy chief, Brian Quintenz, joins as the CFTC chair. This move clearly demonstrated
SEC Commissioner Hester Peirce claims most meme coins may not fall under the SEC jurisdiction. In an exclusive interview with Bloomberg, Hester stated “Many of the meme coins that are out there probably do not have a home in the SEC under our current set of regulations.” She further reinforced
Binance and the U.S. Securities and Exchange Commission (SEC) have jointly filed a motion to put their lawsuit on hold. This step is taken due to the SEC’s cryptocurrency working group potentially intervening in the lawsuit process. According to Fox Business reporter Eleanor Terrett, this was the first request to
The US ETF market has once again sprung up with activity this week. While already launched spot ETFs continue to perform fairly well, they have recently triggered interest among institutional investors. On the other hand, the overall crypto market is still recovering from its most recent market crash. Notably, in
The crypto ETF filings are increasing by the day by global organizations. While the SEC is moving forward with some filings, others are getting delayed for various reasons. It pushed the last date to make a decision on iShares Ethereum ETF Options to April 9 this year. iShares is a
Cboe BZX Exchange has filed four separate applications to the U.S. Securities and Exchange Commission (SEC) to list spot XRP exchange-traded funds (ETFs). Asset managers WisdomTree, Bitwise, 21Shares, and Canary Capital are seeking to launch the first U.S.-based spot XRP ETFs. The move comes despite XRP’s 25% price decline in
The U.S. Securities and Exchange Commission (SEC) is reducing its crypto enforcement unit. This move aligns with President Donald Trump’s promise to ease regulations and boost digital asset growth. The agency has reassigned over 50 lawyers and staff members to other departments, with reports labeling some shifts as unfair demotions.
The crypto community is combating the recent market crash with a positive face, as tokens attempt recovery. However, the sector itself has not remained dormant. Over the past few weeks, NFT projects, DeFi, AI, and regulatory spaces have shown increased activity. In the past day, the SEC made several announcements.
The Securities and Exchange Commission (SEC) of Thailand plans to launch a distributed ledger technology (DLT)-based platform for trading tokenized securities. This move aims to enhance capital market efficiency and attract more investors. According to the Bangkok Post, the platform will allow securities firms to trade digital tokens, capitalizing on
Canadian asset manager Purpose Investments has filed a preliminary prospectus with regulators to launch the world’s first-ever spot XRP exchange-traded fund (ETF). If approved, the Purpose Ripple ETF would provide investors a regulated and transparent way to gain exposure to XRP, a cryptocurrency widely used in cross-border payments. With over
