Binance and SEC file to stay case for 60 days
Plans to scale back crypto enforcement at the U.S. SEC materialized in court with a filing to resolve a complaint against Binance, the world’s largest crypto exchange. According to a court filing, the Securities and Exchange Commission, Binance, and its founder, Changpeng Zhao, submitted a joint motion for a 60-day pause, seeking to settle the […]
SEC seeks comment on in-kind redemptions for Bitcoin, Ether ETFs
In-kind redemptions are more tax-efficient and stand to increase the appeal of spot crypto ETFs for institutional investors. Source link
SEC and Binance seek 60-day pause in crypto case
The SEC and Binance filed a joint motion to pause their legal case for 60 days, citing the newly formed SEC Crypto Task Force’s potential impact on regulations. Source link
Hacker in SEC X account breach faces $50k fine in plea deal
Eric Council Jr., the man accused of helping to breach the X account of the U.S. Securities and Exchange Commission, has pleaded guilty to the charges. As a result, Council faces a potential $50,000 fine as part of the plea deal, Bloomberg reported. U.S. authorities proposed the forfeiture of the $50k in a filing at […]
SEC likely to acknowledge XRP, DOGE ETF filings this week: Expert
The U.S. Securities and Exchange Commission could acknowledge the spot exchange-traded fund filing for XRP and Dogecoin as soon as this week. SEC’s latest major move was the acknowledgement of the amended Solana (SOL) ETF application by Grayscale. The agency ticked on this milestone on Feb. 6, and now Bloomberg ETF analyst James Seyffart says […]
SEC finally acknowledges Solana ETF filing after past rejections
In a major move for Solana, the U.S. Securities and Exchange Commission has formally acknowledged Grayscale’s revised application for a spot Solana exchange-traded fund. On Feb. 6, the US SEC officially acknowledged Grayscale’s amended application for a spot Solana (SOL) ETF. This is significant because previous attempts to file SOL ETFs were rejected under SEC […]
Franklin Templeton seeks SEC approval for Crypto Index ETF
The Franklin Crypto Index ETF seeks to provide exposure to the spot prices of Bitcoin and Ether, following a similar filing by Bitwise just weeks earlier. Source link
SEC sued by watchdog group over withheld crypto report
Empower Oversight has filed a lawsuit against the U.S. Securities and Exchange Commission for failing to disclose a long-awaited report on ethical conflicts and selective enforcement within the agency. The SEC Office of Inspector General completed the report more than a year ago, but the agency has yet to release it despite repeated Freedom of […]
SEC crypto unit downsized amid Trump’s regulatory pullback: report
The SEC’s crypto unit, which expanded under its former chair, is now being scaled back. The U.S. Securities and Exchange Commission is reportedly scaling back its crypto enforcement unit as the Trump administration is set to ease regulations. According to a New York Times report, which cites sources close to the matter, some team members […]
Thai SEC to launch DLT-based platform for digital securities trading
Thailand is developing a distributed ledger technology-based trading system to modernize the country’s securities market. According to a Feb. 3 report from the Bangkok Post, the Thai Securities and Exchange Commission wants to digitize capital markets like bond trading and securities issuance by launching a DLT-based trading platform, allowing securities firms to participate in digital […]
