The Securities and Exchange Commission (SEC) has finalised its case against NanoBit, a fake crypto trading platform that regulators say lured investors through manufactured trust before stealing their money, closing out litigation it first filed in September 2024. The agency…
In a significant development, crypto exchange OKX has introduced Exchange OS, a new platform built on its Ethereum-compatible Layer 2 blockchain X Layer, that allows developers, institutions, and ecosystem participants to create and deploy their own spot, perpetual, and outcome…
American CryptoFed is prohibited by the US SEC from registering algorithmic stablecoins and stabilising assets
Federal securities regulators have filed suit against Donald Basile, a crypto executive accused of raising roughly $16 million from hundreds of investors through a digital token scheme built almost entirely on false promises, officials said. The US Securities and Exchange…
Key Takeaways In a major development, the Securities and Exchange Commission (SEC) has tapped David Woodcock to lead its division of enforcement, a month after its predecessor resigned. Woodcock takes over on May 4, with Sam Waldon continuing as acting…
Key Takeaways Crypto asset manager Grayscale has withdrawn its 19b-4 application for an Ether futures exchange-traded fund (ETF). On May 7, Grayscale filed a notice of withdrawal for the Grayscale Ethereum Futures Trust with the United States Securities and Exchange…
Key Takeaways WisdomTree has begun offering continuous trading and real-time settlement for its Treasury money market fund (MMF) following a special Securities and Exchange Commission (SEC) authorisation announced on Tuesday, marking the first time a registered US mutual fund has…
Key Takeaways The Securities and Exchange Commission (SEC) published comprehensive guidance on Wednesday clarifying how blockchain-based securities will be regulated, establishing distinct categories for issuer-led and third-party tokenisation while affirming that traditional securities laws apply regardless of technological format. The…
Key Takeaways Bitwise Asset Management filed registration statements with the Securities and Exchange Commission on Tuesday for eleven crypto exchange-traded funds, seeking to provide regulated investment vehicles covering a diverse array of digital assets beyond the established Bitcoin and Ethereum…
Key Takeaways US House Representative Maxine Waters has formally requested congressional oversight of the Securities and Exchange Commission (SEC) , citing dramatic shifts in the agency’s crypto enforcement posture under Chairman Paul Atkins and raising questions about potential political interference…
