News
The guide was a good-faith primer on crypto custody basics and best practices, including different forms of wallet storage and common risks.
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Securities and Exchange Commission (SEC) Crypto News
The Securities and Exchange Commission (SEC) serves as a cornerstone of United States financial regulation, ensuring fair markets and protecting against fraud. The emergence of cryptocurrencies like Bitcoin (BTC) challenged established norms. Despite initially not interfering in the crypto space, the SEC intervened during the 2017 to 2018 initial coin offering frenzy, asserting securities laws on tokens like The DAO (DAO).
Key legal battles followed, including halting the Telegram Open Network and suing Ripple for unregistered XRP (XRP) sales. In a significant move, the SEC sued Binance in June 2023, alleging unregistered securities sales, implicating prominent tokens such as Solana’s (SOL), Cardano’s (ADA), Polygon’s (MATIC), Filecoin (FIL), Cosmos (ATOM), The Sandbox (SAND), Decentraland (MANA), Algorand (ALGO), Axie Infinity’s (AXS) and Coti (COTI). Coinbase also faced charges related to its staking service.
These actions reverberated globally, as nations often model their regulations after the U.S., highlighting the SEC’s international impact. Through its interventions and legal battles, the SEC shapes the future of crypto regulation, ensuring the integrity of digital markets and influencing global financial landscapes.
- News
The DeFi Education Fund has led a rebuttal to Citadel Securities’ call for the SEC to bring DeFi platforms under securities laws if dealing in tokenized stocks.
2421 - News
In comments Thursday, SEC Chair Paul Atkins doubled down on his vision for tokenized US financial markets and onchain settlement.
1325 - News
The Depository Trust and Clearing Corporation plans to tokenize stocks, ETFs and US Treasurys next year after receiving an SEC no-action letter.
1573 - News
Caroline Crenshaw, the financial agency’s sole remaining Democratic commissioner, is expected to depart in January, 18 months after her official term ended.
1594 - News
Superstate’s Direct Issuance Programs let SEC-registered companies raise capital on Ethereum and Solana, taking stablecoin payments and issuing tokenized shares instantly.
2504 - Market Analysis
Ethereum’s base layer demand softened in November, but ETH’s underlying price supports and strong layer-2 growth show the network still has momentum despite a drop in fees and TVL.
3573 - News
ETF analyst Eric Balchuas said there was a chance that such an investment vehicle “could put up better [returns]” based on BTC price moves after trading hours.
3161 - News
The fund, if approved by the SEC, would give BlackRock investors indirect exposure to staked Ether, one of the industry’s first following the 2024 approval of spot Ether ETFs.
2632 - News
Ripple’s $500 million raise shows its post-SEC shift is working, as Wall Street piles in under a deal reportedly offering rare protections and guaranteed returns.
4052 - News
Launched in 2023, the SEC probe into Ondo’s tokenized RWAs and ONDO token ended without charges, signaling a regulatory reset for onchain assets.
3321 - News
Legal experts are concerned that transforming ESMA into the “European SEC” may hinder the licensing of crypto and fintech in the region.
3610 - Newsletter
Corporate Ether acquisitions declined 81% in the past three months, but the largest corporate ETH holders continued to scoop up billions of dollars in Ether.
5581 - News
Acting CFTC Chair Caroline Pham said the move was intended to drive trading activity to US exchanges, rather than offshore ones “that lack basic safeguards.”
3427 - News
The European Commission plans to expand ESMA oversight of MiCA crypto companies and trading venues, aiming to streamline EU markets and narrow the gap with the US.
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