Donald Trump’s re-election in the US has brought a significant shift to the crypto industry in the country. The long-awaited crypto regulation is on the table in the country. Lawmakers have already introduced several bills on crypto strategic reserve creation and stablecoin regulation. But there is no intimation regarding NFTs
U.S. SEC Acting Chair Mark Uyeda has ordered an agency-wide review of multiple crypto-related regulatory statements. This move aligns with Executive Order 14192, titled “Unleashing Prosperity Through Deregulation.” The directive aims to rescind or revise guidance inconsistent with current SEC priorities. Statement from Acting Chairman Mark Uyeda: Pursuant to Executive
In the last 24 hours, intriguing actions have occurred in the mainstream economic sector. The US has once again received the spotlight with Trump announcing further tariffs on all international trades. Moreover the tariff impositions are further kindling the mounting tensions between the nations. Meanwhile, within the crypto sector several
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
