
April 30th, 2025
Ripple referenced Judge Berman’s recent opinion on secondary market sales in the Binance case. Ripple argues that this opinion is pertinent to its opposition to the SEC’s motion for remedies in the ongoing lawsuit.
Hashdex submitted an application for the product on June 18, 2024, seeking to be the first to offer a combined spot Bitcoin and Ether ETF in the United States.
These actions align with the current phase of penalties in the ongoing Ripple versus the SEC lawsuit.
Binance said that in a victory for the exchange, the US federal court has dismissed several claims against the exchange. The exchange said that it is ready to address additional legal hurdles that come its way.
Gallagher is not the only individual who is being considered for the SEC Chair position.
The SEC Commissioner criticized the Gensler-led agency’s approach to regulating crypto assets, particularly regarding the disclosure of information in Form S-1 filings.
Like a couple of other crypto exchanges, Binance and its then-CEO Changpeng Zhao were indicted by the SEC in June 2023.
Coinbase insists that so long as Binance’s BNB is not a security, its case should not be any different.
“Crypto companies will be able to continue transaction activity as an unregulated business,” stated the Hawai‘i Department of Commerce and Consumer Affairs (DCCA) in a press release.
The offering by Abra Treasury will combine trading, borrowing, custody, and yield services. The development comes as there’s a growing demand among corporates to seek exposure to digital assets amid rising macro uncertainty
Analysts believe that the receiver might be consolidating its assets ahead of a potential approval by the SEC.
Following the debate between Trump and Biden, PoliFi tokens, including Biden-theme cryptocurrency Jeo Boden (BODEN), turned volatile.
Trump’s presidential campaign has garnered more crypto support through donations since the recent legal battle.
In addition to the “ghost pepper” ETF, T-Rex Group has also filed for other leveraged and inverse Bitcoin ETFs.
The report comes amid rising investor demand for regulated exposure to Ether (ETH), the world’s second-largest cryptocurrency by market capitalization.