SEC appeals decision in Ripple case and XRP falls 12%

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

BNY Mellon can custody bitcoin and Ethereum, beyond ETFs: Gensler

Key facts: This confirms that BNY Mellon can now offer custody of BTC and ETH, as anticipated. Gensler said there are entities presenting plans to custody digital assets. BNY Mellon received the green light from the Securities and Exchange Commission (SEC) to custody bitcoin (BTC) and ether (ETH) beyond exchange-traded funds (ETFs), SEC Chairman Gary … Read more

The ruling in favor of the SEC that creates confusion

Green United LLC, a company that offered mining equipment for its GREEN token to US residents, engaged in a fraudulent scheme, according to a lawsuit filed by the Securities and Exchange Commission (SEC) last year that has now found support in a court. In a Judgment issued on September 23Judge Ann Marie McIff Allen determined … Read more

Never before has there been more destructive and illegal leadership at the SEC

Key facts: Tom Emmer calls Gensler “the most destructive chairman the SEC has ever had.” Patrick McHenry criticises the lack of clarity in regulations, and calls for precise definitions. As expected, the five commissioners of the US Securities and Exchange Commission (SEC) appeared before the House Financial Services Committee today. It was a hearing in … Read more

Congressmen ask SEC to eliminate rule that prevents banks from holding bitcoin

Key facts: According to the congressmen, this regulation turns the capacity of cryptocurrency custody “upside down.” They criticise that the regulations were issued without consulting any of the prudential regulators. In a letter to Securities and Exchange Commission (SEC) Chairman Gary Gensler, a group of 42 Republican lawmakers, led by Patrick McHenry (R-NC) and Senator … Read more

SEC approves options based on BlackRock’s bitcoin ETF

The U.S. Securities and Exchange Commission (SEC) has today approved BlackRock’s proposal to list and trade options on its spot bitcoin exchange-traded fund (ETF), known as the iShares Bitcoin Trust (IBIT). Through a statementthe SEC highlighted that the approval was granted in an “accelerated” manner to BlackRock, the world’s largest asset manager, underscoring that continues … Read more

Gary Gensler is under scrutiny by Congress and changes are looming at the SEC

Trouble is mounting at the U.S. Securities and Exchange Commission (SEC) as, in an unusual twist, its chairman Gary Gensler and four other commissioners are set to appear before the House Financial Services Committee on Tuesday, September 24. That fact is quite an event, if you take into account that For the first time in … Read more

SEC removes term ‘securities’ for 12 cryptocurrencies traded on Binance

The U.S. Securities and Exchange Commission (SEC) has amended its complaint against cryptocurrency exchange Binance by removing the phrase “crypto-asset securities.” “We apologize for any confusion this word may have caused,” agency officials said in a statement. a court file published on September 12. There he also announced that will use more cautious language in … Read more

eToro stops trading in 16 cryptocurrencies in the United States

Key facts: EToro will now only support bitcoin, ether and bitcoin cash. Since September 11, it is no longer possible to open positions on eToro with other cryptocurrencies. The US subsidiary of the eToro investment platform has reached an agreement with the US Securities and Exchange Commission (SEC) to limit cryptocurrency trading. The measure, effective … Read more

SEC Accumulates $7.5 Billion in Fines for Bitcoin Ecosystem

Key facts: SEC fines on cryptocurrency ecosystem increased 3,000% in one year. In 2024, the SEC imposed the largest fine on record on a company, of USD 4.6 billion. The U.S. Securities and Exchange Commission (SEC) has imposed cumulative fines amounting to $7.5 billion on the bitcoin (BTC) and cryptocurrency ecosystem since 2013, according to … Read more