November 2nd, 2025
The timing of the IRS’s ruling coincides with increased scrutiny from federal regulators towards crypto-staking services offered by exchanges.
Tether also announced a share buyback of about $115 million with its risk management strategy showing consolidated assets exceed liabilities.
DeSantis spoke about allowing Americans to invest in digital assets such as Bitcoin (BTC).
Gensler has consistently stated that most cryptocurrencies, except Bitcoin, should be treated as securities.
The move comes after Securitize’s entry into the Spanish General Secretariat of the Treasury and International Finance’s sandbox for digital asset securities.
The motion to dismiss a lawsuit filed by Binance’s legal team highlights the argument that CZ is not subject to US jurisdiction as he resides in the United Arab Emirates.
Grayscale noted that the US SEC should maintain an equitable stand while approving the Bitcoin ETFs without any participant getting greater preference over the other.
The passage of these proposed legislations marks a pivotal moment for the crypto industry as it seeks a clear and unified regulatory framework.
According to Alderoty, Ripple will handle any appeal the SEC decides to initiate even though he is confident in the judge’s previous ruling.
The US SEC has recently filed a lawsuit against Alex Mashinsky over criminal charges and securities fraud.
Despite the recent SEC vs Ripple summary judgment that largely ruled that XRP is not a security, the SEC has shown intentions to appeal its case in the 2nd Circuit.
Despite the surge in the crypto market, Ripple’s legal victory does not guarantee smooth sailing for XRP or the broader altcoin sector.
The changes in BlackRock’s Asia-Pacific team come amid the SEC’s decision on the future of the company’s spot Bitcoin ETF.
The legal troubles continue to mount for Binance, as the Securities and Exchange Commission (SEC) also filed a lawsuit against the exchange and CZ in June.
SEC suggests that Binance.US may have fraudulently amplified its trading volumes, sometimes trading with itself, to appear very active in the markets.