Key Takeaways Ripple Labs and the U.S. Securities and Exchange Commission (SEC) have jointly requested the release of $125 million from an escrow account to finalise a long-running legal dispute, but their proposal hit a roadblock Thursday as a federal…
Key Takeaways DeFi Development Corp, a Nasdaq-listed firm formerly known as Janover, has withdrawn its ambitious $1 billion securities offering after the U.S. Securities and Exchange Commission (SEC) ruled its filing ineligible due to missing compliance documentation. The capital raise,…
Key Takeaways Three leading asset managers, VanEck, 21Shares, and Canary Capital, have written a letter to the United States Securities and Exchange Commission (SEC), asking the regulatory watchdog to reinstate the “first-to-file, first-to-approve” rule for exchange-traded products (ETFs).The “first-to-file” principle…
Key Takeaways The US Securities and Exchange Commission (SEC) has sounded a alarm bells after REX Shares and Osprey Funds filed with the regulator to offer “staking ETFs” tracking Ethereum and Solana’s native assets. The move comes a week after…
Key Takeaways Leading financial service company, Robinhood has filed a 42-page proposal with the U.S. Securities and Exchange Commission (SEC), looking to set up a federal framework system to enable the legal issuance and trading of tokenized real-world assets (RWAs)…
Justin Sun, the creator of Tron, has been accused of fraud and selling unregistered securities, according to the Securities and Exchange Commission.
Key Takeaways The U.S. Securities and Exchange Commission (SEC) has ended its investigation into PayPal’s U.S. dollar-pegged stablecoin, PayPal USD (PYUSD), without taking enforcement action. According to a regulatory filing submitted by PayPal on April 29, the company was informed…
Key Takeaways Coinbase is urging a major policy shift that could allow employees of the U.S. Securities and Exchange Commission (SEC) to hold and use crypto. In a pair of open letters shared on X on April 25, Coinbase Chief…
Key Takeaways The U.S. Securities and Exchange Commission has officially dismissed its lawsuit against blockchain firm Dragonchain two years after accusing it of unregistered offering of crypto asset securities. The SEC and Dragonchain filed a joint stipulation on April 24…
Key Takeaways U.S. authorities have filed civil charges against Ramil Palafox, accusing him of masterminding a massive investment scam that promised consistent profits through digital currency and foreign exchange trading. The scheme, which operated under the company PGI Global, is…
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