Digital Chamber Urges SEC to Rethink The Digital Chamber, a prominent crypto advocacy group, urges the U.S. Securities. Exchange Commission (SEC) to reconsider its ongoing crypto-related investigations, Wells notices, and lawsuits from the first day of the incoming Trump administration. This call is part of a strategy to repair the
CyberKongz, a prominent NFT project, has announced that it has received a Wells Notice from the U.S. Securities and Exchange Commission (SEC), signaling potential enforcement action. The project expressed disappointment in the SEC’s stance, arguing that the regulator’s misunderstanding of blockchain technology has led to unfair accusations. CyberKongz has received
Elon Musk, the tech billionaire and owner of X (formerly Twitter), has found himself in the U.S. Securities and Exchange Commission (SEC) crosshairs. The agency, led by Chair Gary Gensler, has issued Musk a settlement demand, “warning of potential enforcement actions unless he agrees to a deal within 48 hours.”
Coincheck, a leading Japanese cryptocurrency exchange, has officially debuted on the Nasdaq Global Market under the ticker “CNCK.” The listing follows its merger with Thunder Bridge IV, a special purpose acquisition company (SPAC). This makes Coincheck the second regulated crypto exchange to list on Nasdaq, following Coinbase’s 2021 debut. The
Ripple’s Chief Legal Officer (CLO), Stuart Alderoty, has ignited a heated debate by calling U.S. Securities and Exchange Commission (SEC) Commissioner Caroline Crenshaw “even more rogue than Gensler.” His comments come as the Senate Banking Committee is poised to vote on Crenshaw’s renomination, a decision that has drawn significant attention
The U.S. Securities and Exchange Commission (SEC) is set to reject applications for at least two Solana (SOL) spot exchange-traded funds (ETFs), according to Fox Business journalist Eleanor Terret. The regulatory body has reportedly notified at least two of the five prospective issuers about its decision, highlighting concerns about Solana’s
President-elect Donald Trump is expected to reveal his pick for the next Securities and Exchange Commission (SEC) Chair as early as tomorrow. FOX Business journalist Eleanor Terrett cited sources confirming the imminent announcement. This decision follows Trump’s campaign promise to replace Gary Gensler, the current SEC Chair, on his first
Digital asset manager Bitwise has officially filed an application with the U.S. Securities and Exchange Commission (SEC) for an exchange-traded fund (ETF) based on its existing 10 Crypto Index Fund. The filing, submitted on Nov. 27, seeks approval for a new ETF created to provide investors with indirect exposure to
President-elect Donald Trump’s team has interviewed former SEC Commissioner Paul Atkins as a candidate to replace Gary Gensler as SEC Chairman. Atkins, a Republican commissioner during the George W. Bush administration, is known for his pro-innovation stance on cryptocurrency and financial regulation. Trump is expected to announce his decision in
The approval of altcoin exchange-traded funds (ETFs) like Solana (SOL), XRP, Litecoin (LTC), and Hedera (HBAR) remains uncertain. Bloomberg analyst James Seyffart suggests decisions could extend into late 2025. Regulatory challenges and market constraints are the primary reasons for the delay. The U.S. Securities and Exchange Commission (SEC) has denied
