Coinbase (COIN) Probed by SEC Over User Number Misstatement Concern

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Crypto News

The SEC has been investigating crypto exchange Coinbase (COIN) over whether it misstated its user numbers in past securities filings and marketing materials. The probe began under the former presidential administration while the SEC was still under the control of then-Chair Gary Gensler, according to the NYT, which first reported the story, but has persisted […]

Nasdaq Tells U.S. SEC Precise Crypto Labeling Will Be Everything in Future Regulation

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Crypto News

Nasdaq, the operator of one of the premier U.S. stock exchanges and a crypto index, is advising the U.S. regulators to carefully focus on defining digital assets in four buckets that will clearly determine which agency acts as referee, according to a 23-page letter sent to the Securities and Exchange Commission’s crypto task force. “While […]

Crypto Ally Paul Atkins Sworn In to Replace Gary Gensler Atop U.S. SEC

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Crypto News

Paul Atkins has taken the oath to formally become chairman of the U.S. Securities and Exchange Commission, which returns Mark Uyeda to his previous role as a Republican Commissioner after three busy months of service as the agency’s stand-in chief. Atkins permanently replaces the former chair, Gary Gensler, who the crypto industry had widely seen […]

Republican States Pause Lawsuit Against SEC Over Crypto Authority

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Crypto News

A federal judge agreed to pause an ongoing lawsuit between 18 state attorneys general and a decentralized finance lobbyist group against the U.S. Securities and Exchange Commission (SEC) on Wednesday, after the parties noted the SEC’s new leadership. The state AGs, all Republicans, filed the lawsuit alongside the DeFi Education Fund last November after Donald […]

SEC, Binance Ask Judge to Extend Pause in Ongoing Case

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Crypto News

Attorneys for the U.S. Securities and Exchange Commission and Binance asked a federal judge on Friday to continue a pause in the regulator’s case against the crypto exchange for another two months, citing “productive discussions.” The SEC sued Binance in 2023, alleging the exchange — alongside its U.S. affiliate and executives such as former CEO […]

Atkins Confirmed By U.S. Senate to Take Over SEC Formerly Run by Gensler

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Crypto News

Paul Atkins is just one oath away from taking over the U.S. Securities and Exchange Commission as President Donald Trump’s pick to oversee the nation’s securities sector — including whatever role the crypto sector plays in that. A swearing-in ceremony will soon put the former SEC commission in charge of the high-profile regulator — a […]

Galaxy Digital Gets SEC Nod for U.S. Listing, Eyes Nasdaq Debut in May

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Crypto News

Galaxy Digital is moving closer to a U.S. stock market listing after the Securities and Exchange Commission (SEC) approved its registration statement tied to a corporate reorganization. The crypto and AI infrastructure firm, currently listed in the Toronto Stock Exchange, aims to shift its home base from the Cayman Islands to Delaware and list shares […]

SEC Staff to Reassess Biden-Era Crypto Guidance Amid Regulatory Shakeup

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Crypto News

Staff at the U.S. Securities and Exchange Commission (SEC) are reviewing past crypto-related guidance to determine whether it still reflects the agency’s current priorities, according to a statement from acting chairman Mark Uyeda, posted on social media platform X. Among several key documents, the SEC staff’s statement on funds registered under the Investment Company Act […]

U.S. SEC Staff Clarifies That Some Crypto Stablecoins Aren’t Securities

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Crypto News

The U.S. Securities and Exchange Commission has no business with certain stablecoins or their issuers, the regulator’s staff declared in the latest statement outlining the corners of the crypto sector for which it doesn’t have a legal interest. Since the agency was taken over by President Donald Trump-appointed leadership and formed a Crypto Task Force […]

The SEC Resets Its Crypto Relationship

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Crypto News

The U.S. Securities and Exchange Commission is looking to reset its relationship with the crypto industry, even before a permanent chair is confirmed by Congress. The latest effort was Friday’s roundtable, hosted at the SEC’s headquarters in Washington, D.C. and featuring a dozen attorneys representing different views and positions within the crypto industry. You’re reading […]

SEC ‘Earnest’ About Finding Workable Crypto Policy, Commissioners Say at Roundtable

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Crypto News

WASHINGTON, D.C. — The staff at the U.S. Securities and Exchange Commission has embraced the chance to finally work with the crypto industry to hash out policy for overseeing digital assets transactions, said Commissioner Hester Peirce, the head of the agency’s crypto task force. The securities regulator is ready “to seek earnestly to find a […]