Tag Archives: SEC

SEC has agreed to relinquish its legal battle against crypto exchange Kraken The exchange will be paying no penalties to have the charges dropped The United States Securities and Exchanges Commission (SEC) has made another crypto-friendly move. The commission has agreed to drop its lawsuit against one of the leading US-based crypto exchanges – Kraken.Continue reading “US SEC to drop another crypto lawsuit as approach towards market changes”

The United States might finally get new regulation tailed for digital assets as the SEC forms a new task force. The task force is spearheaded by pro-crypto commissioner – Hester Pierce The United States Securities and Exchanges Commission (SEC) has announced the formation of a cryptocurrency task force. This task force will be dedicated toContinue reading “Breaking: US SEC launches crypto task force to form regulatory framework”

SEC Chair to step down the same day Trump takes office Under Gensler, “18 percent of the SEC’s tips, complaints, and referrals were crypto-related” The infamous Chairman of US Securities and Exchanges Commission – Gary Gensler – has announced he will bid goodbye to the commission this coming new year. Taking to X, Gensler announcedContinue reading “Breaking: SEC Chair Gary Gensler to step down from position early next year”

US SEC disclosed charges against crypto-advisory for failure to comply with custody rules The firm will be paying $225,000 as civil penalty for storing money on now defunct crypto-exchange – FTX The US Securities and Exchanges Commission (SEC) has launched an attack at yet another crypto related firm. And, won its case before even reachingContinue reading “US SEC charges crypto-advisory that shuttered due to FTX bankruptcy”

OpenSea has received a Wells Notice from the SEC as the commission believes NFTs to be securities The platform’s head has claimed that it would oppose this claim and has pledged millions to cover artists legal costs OpeanSea, a leading NFT marketplace, seems to have drawn the attention of the US Securities and Exchanges CommissionContinue reading “SEC considering enforcement action against NFT platform Opensea”

SEC sues Consensys for the services provided on Metamask, a popular Ethereum wallet The commission also claimed that the blockchain developer acted as an unregistered broker dealer for selling “thousands of unregistered securities” for Lido and Rocket Pool Lido DAO, the liquid staking platform solution for Ethereum, became one of the highlights of the dayContinue reading “Lido DAO (LDO) dips after SEC goes after Consensys for Metamask services”

Consensys has sued the SEC for wanting to take action against the firm for its MetaMask products The blockchain firm has also asked the court to declare Ethereum as not a security In a fresh move, Consenys, a blockchain software technology company, has taken the first step in bringing clarity on Ethereum’s status as ‘notContinue reading “Consensys takes ‘Ethereum (ETH) is not a security’ matter to court”

Uniswap’s founder announced that the labs received a Wells Notice from the US SEC This could indicate that the commission could soon launch an action against the most popular DeFi protocol The United States Securities and Exchanges Commission (SEC) has reportedly started to set the base against one of the leading DeFi platforms – Uniswap.Continue reading “Just In: US SEC is gearing up to take action against DeFi platform Uniswap”