March 5th, 2026
The SEC’s decision to drop the investigation comes after it failed multiple times in notable court rulings.
Despite her reservations, Judge Failla has been careful not to outrightly dismiss Coinbase’s efforts.
Mark Cuban, a longtime critic of the SEC, told the attendees after the end of the meeting that Biden should fire Gary Gensler.
Crenshaw, who began her term in August 2020 after being unanimously confirmed by the Senate, gained notoriety for her stance during the SEC’s consideration of Bitcoin ETFs earlier this year.
The ongoing legal battle between the SEC and Binance is part of the larger government effort to more closely regulate the crypto industry, which has continued to grow steadily.
Uniswap stated that the US SEC would be wasting “limited resources” by working on amending the definition of “exchange”. It added that the SEC’s proposed amendments have a broad scope with “no discernible limits” for the public.
Ripple’s regular sales of XRP typically result in a decrease in the token’s value.
The price action of Solana (SOL), the fifth-largest digital asset by market capitalization, jumped more than 7% in the past 24 hours after the news of the filing.
The SEC is yet to acknowledge the Solana ETF filings from both VanEck and 21Shares. ETF analyst Nate Geraci highlighted that when these acknowledgments finally come, the decision clock will begin to tick.
Grayscale has kept the distribution process of the ETH Trust shares pretty straightforward for all the existing ETHE shareholders. The ETHE shareholders won’t need to initiate any extra action to receive the ETH trust shares.
$28.86 million Ether shorts and $29.61 million ETH longs were liquidated in the past 24 hours.
Despite the positive inflow, volumes in exchange-traded products (ETPs) remained remarkably low, currently standing at around $7.9 billion as of last week.
The digital currency ecosystem remains tightly constrained by the US SEC.
In May alone, two separate dormant addresses, both inactive for over a decade, sent over $100 million worth of BTC in combined transactions.
The SEC dismissed Ripple’s reference to the Binance case as irrelevant, accusing Ripple of selectively citing the ruling to downplay its mistakes and argue against severe penalties.