The SEC will conduct examinations to see if cryptocurrency companies “meet the standards.” The agency says that they will continue to monitor the activities of companies in the sector. The United States Securities and Exchange Commission (SEC) revealed its intention to intensify supervision over cryptocurrencies and their associated entities in its fiscal year 2025 plan. … Read more
Options trading on Grayscale, Bitwise, Fidelity and ARK ETFs was authorized. Almost a month ago, the SEC approved BlackRock ETF options trading. On the afternoon of this Friday, October 18, the United States Securities and Exchange Commission (SEC) issued two memoranda authorizing the New York Stock Exchange (NYSE) and the Chicago Options Exchange (Cboe) to … Read more
He is accused of conspiring to commit aggravated identity theft and access device fraud. That day, bitcoin skyrocketed and rose $1,000, but then corrected and lost $2,000. The FBI today announced the arrest of Eric Council Jr., 25, in Athens, Alabama, for his alleged role in hacking the U.S. Securities and Exchange Commission (SEC) account … Read more
A derivatives platform, regulated by the CFTC, will launch XRP futures. The lawsuit seeks to protect the industry from the SEC’s excess authority. Cryptocurrency derivatives exchange Bitnomial is taking the US Securities and Exchange Commission (SEC) to court, accusing it of overextending its jurisdiction by claiming that the XRP token, issued by the company Ripple, … Read more
Ripple wants to make sure “nothing is left on the table.” They hope that the Court of Appeals will “put a stake in the heart” of Gary Gensler’s actions. In a calculated response, Ripple Labs through its chief legal officer Stuart Alderoty, has today filed a counterclaim against the United States Securities and Exchange Commission … Read more
Canary and Bitwise are seeking approval from the regulatory body, the SEC. For a long time, XRP was classified as an unregistered security. Two companies are in the race to launch an exchange-traded fund (ETF) based on the spot price of XRP, a cryptocurrency issued by Ripple Labs. Investment firm Canary Capital joined Bitwise in … Read more
The platform believes that the SEC has expanded its jurisdiction beyond legal limits. “We seek to stop the SEC’s illegal actions that exceed its authority and violate the law,” they say. This Tuesday, October 8, Crypto.com filed a lawsuit against the United States Securities and Exchange Commission (SEC), seeking to protect the future of the … Read more
A little more than a week has passed since Gary Gensler, the current president of the US regulator, and the other four commissioners of the US Securities and Exchange Commission (SEC), were rebuked before the Financial Services Committee of the Lower House of the Congress, and we already have the first fallen. Gurbir S. Grewal, … Read more
The United States Securities and Exchange Commission (SEC) continues to confuse the cryptocurrency industry, first by the methods it uses to classify most digital assets as securities, and now, by failing to present a key document to the appeal the decision of federal judge Analisa Torres who ruled, last year, that the sales of the … Read more
The SEC seeks to appeal the final ruling handed down by U.S. District Judge Analisa Torres. It alleges that the decision conflicts with Supreme Court precedents and securities laws. The United States Securities and Exchange Commission (SEC) presented this October 2 an appeal to the decision of federal judge Analisa Torres who ruled, last year, … Read more