SEC

The prices of cryptocurrencies surged on Monday evening as new details emerged about the Securities and Exchange Commission advancing the process for the first U.S. exchange-traded funds holding Ethereum (CRYPTO: ETH). What Happened: On Monday, the SEC’s Trading and Markets Division...

Crypto industry experts are calling for bipartisan support in the regulation of digital assets, emphasizing the need to work across party lines to establish sound crypto policies, as the U.S. Senate voted 60-38 on Thursday to overturn the contentious Securities and Exchange Commission (SEC) policy...

A known blockchain advocate, Alexis Ohanian, co-founder of social media platform Reddit Inc. (NYSE:RDDT), highlighted the Democrats who crossed party lines to support a pro-crypto legislation in the Senate Thursday. What Happened: The U.S. Senate joined the House of Representatives in repealing a...

Citron Research founder Andrew Left worked investors up after shorting GameStop in 2021. The short seller could see a similar reaction targeting the cryptocurrency sector. What Happened: Left bet against GameStop in 2021. He believed the video game retailer’s valuation was too high, citing...

The U.S. Senate joined the House of Representatives on Thursday in voting to overturn a policy implemented by the Securities and Exchange Commission (SEC) seen as hindering crypto adoption. However, the effort faces a potential roadblock as President Joe Biden has threatened to veto the resolution...

Ethereum (CRYPTO: ETH) proponents might still be optimistic about a spot ETF approval but analysts tracking the developments increased the odds of a rejection by the SEC. What Happened: Analyzing a March filing submitted by BlackRock Inc. to the SEC over its ETF application, finance lawyer Scott...

Billionaire and prominent television celebrity, Mark Cuban, highlighted a host of cryptocurrency benefits in response to a supposed critic of the asset class.   What Happened: James Love, Director of an NGO Knowledge Ecology International, posed a sardonic question on the utility of...

In the ongoing legal skirmish between Kraken and the U.S. Securities and Exchange Commission (SEC), the cryptocurrency exchange has challenged the SEC's linguistic precision in a fresh legal brief. What Happened: Kraken's defense, detailed in a response filed last Thursday, criticizes the SEC for...

Joseph Lubin, co-founder of Ethereum (CRYPTO: ETH) and CEO of Consensys, has openly criticized the Securities and Exchange Commission (SEC) for what he perceives as deliberate obstacles placed in the path of innovation within the U.S. financial sector. What Happened: Speaking at FT Live’s...

The CEO of Robinhood Markets Inc (NASDAQ:HOOD) Vlad Tenev expressed his frustration with the U.S. Securities and Exchange Commission led by Chair Gary Gensler after the regulatory body issued a wells notice to the company’s crypto arm. What Happened: Tenev, in a recent interview with CNBC...

Trading platform Robinhood Markets Inc (NASDAQ:HOOD) disclosed a first-quarter notional cryptocurrency trading volume of $36 billion, a more than three-fold increase year-over-year.   What Happened: The surge in volumes helped boost cryptocurrency-related revenue to $126 million, up 232% year-over-...

Tesla Inc. (NASDAQ:TSLA) chairwoman Robyn Denholm has sold over $50 million in stock this year. What Happened: As per SEC filings on Monday, Denholm sold $17.32 million worth of her shares in Tesla, bringing her total stock sales this year to more than $50 million. The shares were sold as part of a...

Major cryptocurrencies witnessed a drop on Monday as another top cryptocurrency company stared at an enforcement action by U.S. regulators. Cryptocurrency Gains +/- Price (Recorded 12:00 a.m. EDT) Bitcoin (CRYPTO: BTC) -1.01% $63,702 Ethereum (CRYPTO: ETH) -2.46% $3,086 Dogecoin (CRYPTO:...

Robinhood (NASDAQ:HOOD) on Monday said that it received a Wells notice from the SEC, signaling possible enforcement actions related to its cryptocurrency operations. What Happened: This notice follows a period of investigation into Robinhood’s cryptocurrency listings and custody, as well as...

The Securities and Exchange Commission (SEC) has announced it will require additional time to determine the fate of a proposed exchange-traded fund (ETF) focused on carbon credit futures contracts and Bitcoin (CRYPTO: BTC). What Happened: In a filing made on Thursday, the agency stated that it...