SEC

On June 28, Galaxy Digital, a crypto-focused financial services firm led by Mike Novogratz, published an analysis of VanEck’s recent filing for a spot Solana (SOL) exchange-traded fund (ETF) in the United States. According to Galaxy Digital’s blog post, VanEck filed an S-1 with the Securities and Exchange Commission (SEC) to launch an exchange-traded commodity-based […]

On June 25, Gary Gensler, the Chair of the U.S. Securities and Exchange Commission (SEC), spoke with Bloomberg’s Annmarie Horden at the Bloomberg Invest Summit. During the conversation, Gensler addressed the intersection of cryptocurrency and securities laws, the political implications of crypto regulation, and his ongoing priorities at the SEC. Crypto Securities and SEC Regulations […]

On June 19, Consensys announced that the Enforcement Division of the U.S. Securities and Exchange Commission (SEC) had formally notified the company that it was closing its investigation into Ethereum 2.0. However, Ripple’s CLO says “questions remain.” On 20 March 2024, Fortune reported that the SEC issued subpoenas to several companies as part of its […]

In a recent interview with CoinDesk, Ophelia Snyder, co-founder and president of Switzerland-based crypto ETP issuer 21Shares AG, shared her insights on the potential impact of U.S. spot ether (ETH) exchange-traded funds (ETFs) not staking the underlying token to generate additional returns. Snyder suggests that institutional investors are unlikely to be concerned about this lack […]

Bitcoin’s price recently dropped below $65,000 for the first time since May 15, surprising many in the cryptocurrency community. This downturn contradicts the bold predictions from Crypto Twitter, which had anticipated Bitcoin reaching $1 million following the U.S. SEC’s approval of spot Bitcoin ETFs. In this blog post, we’ll explore why these optimistic forecasts have […]

Today, XRP experienced a significant price surge, rising by 5% and outperforming all other top 100 altcoins. This upward movement followed the resignation announcement of David Hirsch, the Chief of the Crypto Asset and Cyber Unit in the Division of Enforcement at the U.S. Securities and Exchange Commission (SEC). Around 10:30 a.m. UTC on 17 […]

The recent approval of form 19b-4 filings for several Ethereum exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) has sent shockwaves through the cryptocurrency market, signaling a significant shift in sentiment, according to Jan van Eck, CEO of investment management firm VanEck. VanEck is an investment management firm known for offering a […]

On Thursday, at the Consensus 2024 conference, which is being held in Austin, Texas, Ripple CEO Brad Garlinghouse shared his thoughts on the future of spot crypto ETFs in the United States. With the recent approval of spot Bitcoin ETFs and advancements in the U.S. SEC’s approval process for spot Ethereum ETFs, Garlinghouse confidently predicted […]

Speculative interest in Ether is intensifying after the US Securities and Exchange Commission (SEC) unexpectedly permitted exchange-traded funds (ETFs) for the digital asset. This regulatory pivot catalyzed a significant 26% increase in the value of Ether over the past week, marking the largest weekly gain since the 2021 crypto bull market, according to data compiled […]

On May 24, Jay Clayton, the former SEC chairman, appeared on CNBC’s “Squawk Box” to discuss the SEC’s approval (on May 23) of 19B-4 filings for several US-based spot Ethereum ETFs. Here are the key points from the discussion: Approval Process: Clayton clarified that there are two steps in the approval process for such products. […]

On May 23, the U.S. Securities and Exchange Commission (SEC) gave the green light to applications from major exchanges like Nasdaq, CBOE, and NYSE to list exchange-traded funds (ETFs) tied to the price of Ether. This move has the potential to open the doors for these products to start trading later this year, pending final […]

On 21 May 2024, prominent macroeconomist and crypto analyst Alex Krüger provided new insights on social media platform X (formerly known as Twitter) regarding the potential for the U.S. Securities and Exchange Commission (SEC) to approve spot Ethereum ETFs. Krüger, who founded the asset management and advisory firm Aike Capital, offered a detailed analysis reflecting […]

Ether (ETH) experienced a significant price surge, climbing 11.4% during U.S. trading hours on Monday. The rally was sparked by a noteworthy update from two well-known Bloomberg ETF analysts, Eric Balchunas and James Seyffart, who substantially increased their estimated likelihood of the U.S. Securities and Exchange Commission (SEC) approving spot ETH ETFs. In a post […]

Billionaire investor and entrepreneur Mark Cuban has recently unleashed a series of scathing posts on the social media platform X (formerly Twitter), targeting the U.S. Securities and Exchange Commission (SEC) and its chairman, Gary Gensler, for their approach to regulating the cryptocurrency industry. Cuban’s criticism highlights the growing frustration among crypto enthusiasts and investors who […]

On May 8, Ryan Sean Adams, a prominent crypto investor and entrepreneur, challenged the U.S. Securities and Exchange Commission’s (SEC) views on the adequacy of crypto disclosures. On social media platform X, Adams directly addressed comments by SEC Chair Gary Gensler regarding the perceived lack of transparency in cryptocurrency operations. Adams’s statement, “Gary says crypto […]

Recently, Alex Svanevik, CEO of Nansen, and veteran crypto investor Adam Cochran voiced their concerns on social media platform X regarding the current regulatory climate under U.S. SEC Chair Gary Gensler. Their analogies paint a vivid picture of what many in the crypto community perceive as arbitrary and opaque regulatory enforcement. Alex Svanevik likened the […]

The U.S. Securities and Exchange Commission (SEC) has firmly opposed Ripple’s claim that it should pay significantly lower fines in the ongoing legal dispute over the sale of XRP tokens. In a recent court filing, the SEC argued that Ripple’s proposed penalty of around $10 million would be a mere “slap on the wrist” compared […]

On May 7, 2024, U.S. SEC Chair Gary Gensler appeared on CNBC’s “Squawk Box” to discuss various pressing issues related to the oversight of the crypto market and several high-profile cases involving financial oversight and regulation. Below is a detailed analysis of his statements during this interview. Oversight of the Crypto Market and SEC’s Role […]

In a recent interview with Wired, Joseph Lubin, co-founder of Ethereum and CEO of Consensys, shed light on his ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). Consensys is a leading blockchain software technology company with a core focus on the Ethereum ecosystem. They develop a comprehensive suite of tools, products, and […]

The ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) over the classification of the XRP token has captured widespread attention in the cryptocurrency community. To shed light on this complex issue, a user on the XRP subreddit ingeniously simplified the dispute using a memorable analogy, which has resonated with many […]

Robinhood Markets, Inc. (Nasdaq: HOOD) has announced that its subsidiary, Robinhood Crypto (RHC), has received a Wells Notice from the U.S. Securities and Exchange Commission (SEC) staff. This notice indicates that the SEC is considering recommending an enforcement action against RHC. Robinhood, a prominent player in the financial technology space, has expressed disappointment in the […]

In a blog post published on April 25, Joseph Lubin, co-founder of Ethereum, as well as Founder and CEO of Consensys, outlined his company’s motivations for initiating legal action against the U.S. Securities and Exchange Commission (SEC). Consensys is a leading blockchain software technology company with a core focus on the Ethereum ecosystem. They develop […]

Blockchain Association is a trade association based in Washington, D.C. that represents various stakeholders in the cryptocurrency and blockchain industry, including technology startups, investors, and developers. The organization aims to advocate for policy and regulatory solutions that foster innovation and ensure the sustainability of the crypto and blockchain sector. Their efforts include lobbying for favorable […]

On April 22, Ripple Labs filed a rebuttal to the Securities and Exchange Commission’s (SEC) push for nearly $2 billion in penalties. The move comes as the latest development in the ongoing court case between the two parties, which has been raging since December 2020. The SEC has accused Ripple of raising $1.3 billion through […]

In a recent appearance on Fox Business’s “Mornings with Maria,” hosted by Maria Bartiromo, Ripple CEO Brad Garlinghouse provided insightful commentary on the current state and the future of the cryptocurrency market. Garlinghouse opened the discussion with an overview of the cryptocurrency market’s performance, noting a significant uptick in the past six months, with Bitcoin […]

On 10 April 2024, Uniswap Labs announced its receipt of a Wells notice from the U.S. Securities and Exchange Commission (SEC), a preliminary step before potential legal action. A Wells notice is a formal notification issued by the staff of a regulatory body, such as the U.S. Securities and Exchange Commission (SEC), to inform a […]

On March 28, Tron Foundation urged a New York federal court to drop a lawsuit initiated by the U.S. SEC, arguing that the SEC is overreaching by targeting actions that primarily occurred outside the U.S. The foundation’s dismissal motion highlights its stance against the SEC’s global jurisdiction claims over its digital asset offerings. The SEC’s […]

Consensys says it has actively participated in the ongoing discourse regarding the potential listing and trading of the iShares Ethereum Trust on Nasdaq. This initiative is currently under the Securities and Exchange Commission’s (SEC) review, which specifically called for public commentary concerning Nasdaq’s application. Consensys’s engagement comes in response to the SEC’s inquiry about Ethereum’s […]

Bitwise Asset Management (aka “Bitwise Investments”) has filed with the United States Securities and Exchange Commission (SEC) to list and trade shares of a spot Ethereum ETF. In a March 28 filing, Bitwise filed a Form S-1 registration statement with the SEC for shares of its spot Ethereum ETF. The filing came amid speculation that […]

In a recent discourse on the social media platform X, Craig Salm, the Chief Legal Officer (CLO) of Grayscale Investments, shared his insights and optimism regarding the approval of spot Ethereum ETFs in the U.S., despite what many perceive as a lack of engagement from the U.S. SEC. Salm began the thread by addressing the […]

On July 13, 2023, in the case of SEC v. Ripple Labs, Inc., document number 2023 WL 4507900 in the Southern District of New York, Judge Analisa Torres ruled in a summary judgment that while Ripple’s direct sales of XRP to institutional buyers were considered securities transactions, its sales on secondary trading platforms were not. […]

As Bloomberg News recently reported earlier this week, the U.S. Securities and Exchange Commission (SEC) was criticized by a federal judge in Utah for what was described as an egregious misuse of its authority in its case against Digital Licensing Inc., which operates as DEBT Box. This decision, delineated in an 80-page legal document, marks […]

In his prepared remarks for the Columbia Law School conference, U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler emphasized the importance of mandatory disclosure in protecting investors and promoting market efficiency, especially in the context of cryptocurrency markets. Gensler began his speech by expressing his personal views, which do not necessarily represent those of […]

Ripple CEO Brad Garlinghouse has once again taken aim at the U.S. Securities and Exchange Commission (SEC), asserting that the regulator is destined to fail in its attempts to classify Ethereum (ETH) as a security, just as it did with Ripple’s XRP token. Garlinghouse’s comments come on the heels of a heated debate sparked by […]

Coinbase’s Chief Legal Officer, Paul Grewal, has taken to social media to counter recent reporting about the U.S. Securities and Exchange Commission’s (SEC) potential classification of Ethereum (ETH) as a security. Grewal’s strongly-worded response comes as the crypto community anxiously awaits a decision on proposed spot Ethereum ETFs. A Fortune report published on March 20 […]

In a recent development, two Democratic Senators, Jack Reed (D-R.I.) and Laphonza Butler (D-CA), have urged the U.S. Securities and Exchange Commission (SEC) to halt the approval of any further crypto exchange-traded products (ETPs). The Senators expressed their concerns in a letter addressed to SEC Chair Gary Gensler, citing risks associated with poor broker disclosure […]

In a post on social media platform X, dated 11 March 2024, Jake Chervinsky, Chief Legal Officer at Variant Investments, shared a candid analysis regarding the prospects of an Ethereum (ETH) Exchange-Traded Fund (ETF) being approved by the U.S. Securities and Exchange Commission (SEC). This comes after the watershed moment on 10 January 2024, when […]

On March 6, U.S. SEC Chair Gary Gensler appeared on Bloomberg Television with hosts Kailey Leinz and Joe Mathieu. He shared his thoughts on the SEC’s initiatives on climate disclosure rules and the complex world of cryptocurrency regulation. The Evolution of Climate Disclosure Rules Gensler detailed the SEC’s adoption of a new climate-disclosure rule, emphasizing […]

The potential for a spot Ethereum exchange-traded fund (ETF) has become a topic of keen interest among investors and industry insiders. During a recent interview with The Block, Steven McClurg, Chief Investment Officer at Valkyrie, shared his insights on the matter, suggesting that while a spot Ethereum ETF may not be imminent, its approval could […]

The US securities regulators are embarking on a comprehensive reform of the market infrastructure for US Treasuries, as reported recently by Lydia Beyoud and Liz Capo McCormick for Bloomberg News. This market, crucial for guiding the pricing of various securities and loans, is undergoing changes to enhance its transparency and resilience, which is particularly important […]

Yesterday, during an interview on Bloomberg TV’s “Bloomberg Crypto,” Ripple CEO Brad Garlinghouse shared his perspectives on the need for clearer cryptocurrency regulations, the future of spot crypto ETFs, and the potential impact of the 2024 elections on the crypto industry. Here’s a detailed exploration of the key points discussed: The Quest for Regulatory Clarity […]

In a CoinDesk article by Will Canny on 19 February 2024, the spotlight turns to Ether (ETH), the second-largest cryptocurrency by market capitalization, and its potential trajectory towards securing a spot ETF approval in the United States. The CoinDesk article states that according to a research report by brokerage firm Bernstein, Ether stands out as […]

On February 14, 2024, a significant development unfolded in the financial regulatory landscape as four leading financial associations—the Bank Policy Institute (BPI), the American Bankers Association (ABA), the Financial Services Forum (the Forum), and the Securities Industry and Financial Markets Association (SIFMA)—jointly addressed a letter to Gary Gensler, Chair of the U.S. Securities and Exchange […]

In a revealing conversation with David Westin on Bloomberg TV’s “Wall Street Week,” Gary Gensler, Chair of the U.S. Securities and Exchange Commission (SEC), talked about the intricate challenges of regulating Bitcoin and the broader cryptocurrency market. The Nuanced Approach to Bitcoin ETFs Gensler recounted the SEC’s journey with Bitcoin-related products, particularly highlighting the approval […]

The legal battle between the Securities and Exchange Commission (SEC) and Coinbase, the largest cryptocurrency exchange in the U.S., has reached a critical juncture, attracting widespread attention within the cryptocurrency industry and beyond. This in-depth report combines insights from Bloomberg Intelligence Senior Litigation Analyst Elliot Z. Stein with details from a Reuters report to provide […]

On January 16, day two of Davos 2024, Brad Garlinghouse, CEO of US crypto company Ripple, engaged in a conversation with CNBC Senior Tech Correspondent Arjun Kharpal, discussing various aspects of Ripple’s future, blockchain technology, and the crypto industry’s progression. SEC’s Stance and Gary Gensler’s Role Garlinghouse expressed his views on the U.S. SEC and […]

On January 16, Howard Lutnick, CEO of Cantor Fitzgerald, spoke on Bloomberg Television at the World Economic Forum’s annual meeting in Davos, Switzerland. Cantor Fitzgerald is a global financial services firm that operates in various aspects of the financial markets. Founded in 1945, it has established itself as a prominent player in the world of […]

Mark Yusko, the founder, CEO, and CIO of Morgan Creek Capital, recently shared his insights with Cointelegraph about the recently approved (by the U.S. SEC) spot Bitcoin ETFs and their potential impact on the cryptocurrency market. Bitcoin ETFs and Market Dynamics Yusko expressed a critical view of the approval of spot Bitcoin ETFs, suggesting that […]

On 12 Jan 2024, David Duong, Head of Institutional Research, and David Han, Institutional Research Analyst at Coinbase, released their latest weekly crypto market commentary (title: “Spot Bitcoin ETFs Approved”), in which they discuss the market impact of the U.S. SECs historic decision to approve 11 spot Bitcoin ETFs on 10 January 2024. This event, […]

On January 11, Brian Armstrong, Co-Founder and CEO of Coinbase, appeared on CNBC’s “Squawk Box” to discuss the U.S. Securities and Exchange Commission’s (SEC) recent approval of several spot Bitcoin Exchange-Traded Funds (ETFs). Armstrong highlighted the significance of this development for the cryptocurrency industry and Coinbase. Historic Milestone for Crypto Armstrong emphasized that the SEC’s […]

Although the crypto market seems to believe that SEC-approved spot Ethereum ETFs are just around the corner judging by Ethereum’s price action since January 11, the day that the SEC approved eleven spot Bitcoin ETFs, JPMorgans most prominent blockchin/crypto analyst is not so sure. Nikolaos Panigirtzoglou, an analyst at JPMorgan, told The Block that for […]

Earlier today, Gary Gensler, Chair of the U.S. Securities and Exchange Commission (SEC), appeared on CNBC’s “Squawk Box” to discuss with co-anchors Andrew Ross Sorkin and Joe Kernen the SEC’s recent approval of 11 spot Bitcoin ETFs. Historic Decision and Court Influence Gensler described the SEC’s decision as a response to a long-standing consideration dating […]

Background of the Incident The SEC’s official X (formerly known as Twitter) account erroneously stated on 9 January 2024 that the commission had approved all spot Bitcoin ETF applications. This announcement led to a significant reaction in the Bitcoin market, with the BTC price momentarily surging from around $46,605 to $47,886. SEC’s Clarification and Market […]

Lori Schock, the Director of the SEC’s Office of Investor Education and Advocacy, recently published an article titled “Say ‘NO GO to FOMO,’” in which she says, “one place you should consider using your strongest willpower is when you’re making decisions on investment opportunities.” In this piece, Schock discusses the phenomenon of FOMO (Fear of […]

As James Hunt reported for The Block earlier today, in a research note (published on 1 Dec 2024) titled “All-time high CME premiums ahead of ETF verdict,” K33 Research’s Senior Analyst Vetle Lunde and Head of Research Anders Helseth explore the market dynamics preceding the anticipated decision by the U.S. SEC on spot Bitcoin ETFs. […]

In a recent opinion piece for CoinDesk, Michael Selig, Counsel at New York City law firm Willkie Farr & Gallagher LLP, expressed optimism about the direction of cryptocurrency regulation in the United States for 2024. His positive outlook is based on several developments and trends observed in the regulatory landscape. Here’s an overview of the […]

Yesterday, Peter Brandt, a renowned market trader, forecasted a significant price drop for Ethereum (ETH), the second-largest cryptocurrency by market capitalization. Brandt, known for his generally pessimistic view on Ethereum, predicts the digital currency could plummet to as low as $650. Peter Brandt is a highly experienced and respected figure in the world of trading […]

Introduction In a thought-provoking piece for InsideSources, Professor J.W. Verret from George Mason University scrutinizes the U.S. Securities and Exchange Commission’s (SEC) current regulatory approach towards the cryptocurrency industry. He particularly focuses on the SEC’s interactions with major industry players and the implications of key legal battles, such as SEC v. Ripple. J.W. Verret is […]

James Seyffart, a Bloomberg Intelligence ETF research analyst renowned for his spot bitcoin ETF analysis, recently spoke with Frank Chaparro on The Block’s Scoop podcast, according to a report by The Block’s James Hunt. Anticipated Approval Window: Seyffart reiterated his prediction that the window for a potential spot bitcoin ETF approval is likely between January […]

U.S. District Judge Robert J. Shelby, serving in the District Court of Utah, issued an order on 30 November 2023, raising the possibility of sanctions against SEC attorneys. These potential sanctions stem from making “misleading” claims about Debt Box, a crypto firm, allegedly moving assets and investor funds overseas, resulting in a court-ordered freeze of […]