On February 4th, according to Reuters, lawyers for the Securities Exchange Commission (SEC) have been told that they must obtain approval from the leadership before officially launching an investigation. This procedural change may slow down the investigation process. The change was not previously reported. It is said that the adjustment was made after Trump took office...
The Securities Exchange Commission (SEC) has delayed approving a rule change for the conversion of the Grayscale Digital Large Cap Fund into a spot ETF.
On January 31st, the Securities Exchange Commission approved a rule change application filed by New York Stock Exchange Arca to allow shares of Bitwise Bitcoin and Ethereum ETFs to be listed and traded on its exchange. According to the proposal, Bitwise Bitcoin and Ethereum ETFs will hold spot Bitcoin and spot Ethereum based on the market capitalization of Bitcoin and Ethereum.
Thailand's finance minister told a Securities and Exchange Commission meeting on Thursday that the government is considering issuing government bond-backed stablecoins that could be used to make payments to merchants and could attract investors.
The Securities Exchange Commission has endorsed Canary Capital's 19b-4 filing for its spot Litecoin ETF.
Bitwise has filed an application with the Securities Exchange Commission (SEC) to list an exchange-traded fund (ETF) that tracks the price of Dogecoin. According to Bitwise's S-1 filing with the SEC on January 28, the proposed Bitwise Dogecoin ETF will hold the DOGE and closely track its price movement. Bitwise's S-1 filing must be accompanied by a 19b-4 filing in order to initiate the approval or rejection process for a dog-themed memecoin fund.
According to a Form S-3 registration statement filed with the Securities Exchange Commission (SEC), MicroStrategy has filed a hybrid securities registration application with the potential proceeds intended to be used to purchase additional bitcoin and for general corporate purposes.
According to the official website, the Securities Exchange Commission (SEC) has officially revoked the crypto accounting policy SAB 121.
Earlier this week, Securities Exchange Commission Commissioner Hester Peirce was appointed to lead the agency's newly announced cryptocurrency task force. However, investment bank TD Cowen said her term will end in June, raising concerns about the progress of the cryptocurrency task force. Securities and Exchange Commission commissioners can serve an additional 18 months after their term expires. A report from TD Cowen's Washington research group (led by Jaret Seiberg) on Thursday...
QCP Capital posted an analysis saying that even though the Securities Exchange Commission announced the formation of a cryptocurrency regulatory working group, the market continued to decline, with BTC falling below $106,000 and currently hovering around $102,000. XRP and SOL rose 3.4% and 4.1%, respectively, after screenshots of XRP and SOL futures were provided on the Chicago Mercantile Exchange (CME) webpage. Although the CME later clarified that the leaked webpage was a mistake, it has not y...
Better Markets, a nonprofit, has filed an amicus curiae brief in support of the Securities Exchange Commission's (SEC) appeal against Ripple Labs. The brief asks the 2nd Circuit Court of Appeals to overturn a 2023 district court ruling that held that Ripple Labs' sales of XRP to retail investors were not governed by U.S. securities laws. The nonprofit organization argued in its complaint that the court had mistakenly applied the Howey Test, undermining the integrity of investor protection.
The Securities Exchange Commission (SEC) will hold its first closed-door meeting since Mark Uyeda took over as acting chairperson on January 23 at 14:00 Washington time (03:00 Beijing time on January 24). The meeting agenda includes: initiating and resolving injunctive actions, initiating and resolving administrative proceedings, resolving litigation claims, and other matters related to inspection and enforcement proceedings.
Mark Uyeda, acting chairperson of the Securities Exchange Commission (SEC), has established a cryptocurrency task force "dedicated to developing a comprehensive and clear regulatory framework for cryptocurrency assets". Commissioner Hester Peirce will lead the task force. The focus of the task force will be to help the Commission draw clear regulatory boundaries, provide a practical path to registration, develop a reasonable disclosure framework, and deploy enforcement resources wisely.
The Securities Exchange Commission (SEC) said that the new cryptocurrency task force will work to develop a comprehensive and clear regulatory framework for cryptoassets. Senior advisors Gabbert and Asher serve as the task force's chief of staff and chief policy advisor, respectively. Previously, SEC Acting Chairperson Mark Uyeda announced the establishment of a new crypto task force.
Securities Exchange Commission (SEC) Chairperson Gary Gensler has resigned.