April 30th, 2025
SEC Crypto News - Page 11
Five SEC Commissioners to Testify before Congressional Committee
By Godfrey Benjamin
September 17th, 2024
The upcoming testimony of the US SEC Commissioners might involve talks about Ethereum and its securities status.
SEC Fines Flyfish Club $750,000 Over NFT Offering, Sparking Backlash from SEC Commissioners
By Temitope Olatunji
September 17th, 2024
The SEC fined Flyfish Club $750,000 for unregistered NFT securities, sparking dissent among commissioners advocating for clearer NFT regulations.
Kraken Files for Jury Trial in SEC Lawsuit
By Godfrey Benjamin
September 13th, 2024
Four months ago, Kraken contended the SEC’s interpretation of the Howey Test and asked the court to dismiss the case against it.
Coinbase-Backed Lobby Pushes for Crypto in Trump-Harris Debate
By Bena Ilyas
September 11th, 2024
Nearly half of all corporate donations in the 2024 election cycle have come from crypto companies, emphasizing the sector’s growing influence in politics.
Ripple CLO Says Regulators Using Crypto as Scapegoat in Money Laundering
By Bhushan Akolkar
September 10th, 2024
The Ripple CLO meant that US regulators have always been protecting banks despite facilitating money laundering through their platform while targeting crypto unnecessarily.
SEC Maintains Firm Stance on Crypto Custody Rule for Financial Firms
By Bena Ilyas
September 10th, 2024
Nate Geraci, president of ETF Store, said the SEC simply doesn’t want to allow regulated financial institutions to custody crypto.
Ethereum (ETH) Price Nears Correction Bottom as Network Growth Hits Four-month Peak
By Steve Muchoki
September 9th, 2024
Ethereum price has suffered bearish sentiment in the past five months amid a low accumulation rate from institutional investors as observed by spot Ether ETF cash flows.
Ripple vs SEC Case: Judge Issues Stay Order on $125M Penalty, Here’s Why
By Mayowa Adebajo
September 5th, 2024
The SEC and Ripple have agreed to keep 111% of the judgment amount in a bank account under the care of a law firm.
Robinhood Crypto Faces $3.9M Settlement in California Over Historical Practices
By Anisha Pandey
September 5th, 2024
This is not Robinhood’s first encounter with regulatory scrutiny. In May, the US Securities and Exchange Commission (SEC) notified Robinhood of its intent to file a lawsuit over alleged violations of federal securities laws.
Ripple CEO Confirms Imminent US Dollar-Pegged Stablecoin Launch RLUSD
By Bena Ilyas
September 4th, 2024
Ripple CEO Brad Garlinghouse stated Ripple has “no interest” in a US IPO, citing SEC’s challenging and inconsistent crypto regulation.
Pro-Crypto Lawyer John Deaton to Challenge Elizabeth Warren after GOP Primary Victory
By Chimamanda U. Martha
September 4th, 2024
The victory marks a significant moment for pro-crypto supporters, as Deaton moves from the legal battlefield to a political showdown with one of the Senate’s most vocal critics of digital assets.
Ripple Labs Announces Plans to Introduce Smart Contract Development on XRPL in 2025, XRP Price Rebounds
By Steve Muchoki
September 3rd, 2024
The end of the SEC case against Ripple has given the blockchain payment company the needed space to build the XRPL network in preparation for mainstream adoption.
SEC Commissioner Mark Uyeda Advocates Creating Special S-1 Form for Crypto
By Godfrey Benjamin
September 3rd, 2024
Uyeda mentioned that the SEC has a tradition of working with product sponsors to develop customized registration requirements. He sees no reason for digital asset securities to be an exception.
Coinbase’s Paul Grewal Critiques SEC’s Challenge to FTX Repayment Plan
By Temitope Olatunji
September 2nd, 2024
The SEC’s intervention comes as FTX has been working on several repayment plans to compensate its creditors.
Gary Gensler to Face Intense Scrutiny in September Over DeFi and SEC Oversight
By Bena Ilyas
August 30th, 2024
The September hearings will not only scrutinize the current state of the crypto industry but could also reshape regulations, setting the future framework for digital asset management and oversight.