U.S. authorities have dismissed charges against Nader Al-Naji, the founder of the decentralized social network BitClout. Court documents show that the Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) withdrew their fraud complaints against him in late February. Last year, federal prosecutors accused Al-Naji of wire fraud,
The Trump administration in the US has already brought several changes in terms of crypto regulation and acceptance. To fulfill his promise to make the US a crypto capital, Trump has already taken several initiatives such as a crypto token reserve. The present SEC administration also plans to scrap previous
Amid rising speculations on what the roles of XRP, ADA, and SOL will be in the American financial system during the Trump administration. Crypto attorney John E. Deaton has strongly debunked assertions that the U.S. SEC had formally designated the said altcoins to certain roles. A report doing the rounds
VanEck has submitted an S-1 filing to the U.S. Securities and Exchange Commission (SEC) for the VanEck Avalanche ETF. Bloomberg analyst James Seyffart noted that while the registration had been widely discussed earlier, this filing represents the first official submission to the SEC. The firm has not yet disclosed the
The U.S. Securities and Exchange Commission (SEC) has postponed its decision on VanEck’s proposed spot Solana (SOL) exchange-traded fund (ETF). This delay aligns with the regulator’s cautious approach to cryptocurrency ETFs, emphasizing investor protection and market stability. The SEC’s decision to delay the Solana ETF was widely anticipated, as the
Even though the crypto market is down for the moment, its adoption is ever-growing. With the pro-crypto environment in the US, crypto regulation is also moving forward across various global countries. Recently, Thailand’s SEC announced two major stablecoins USDT and USDC as official cryptocurrencies. As per the Thailand Business News
Canary Capital, led by former Valkyrie Funds co-founder Steven McClurg has filed with the U.S. Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) tracking Axelar’s AXL token. This move comes as interest in altcoin-based ETFs continues to rise. The investment firm submitted its S-1 registration on 5th
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.,
