Tag: US
SEC Takes More Time to Review Solana ETFs, Final Decision Expected in October
Reading time: < 1 minuteThe US SEC has extended its review period for Solana ETF proposals from Bitwise and 21Shares, setting a new deadline of October 16.
From Crypto King to Convicted Felon: Do Kwon’s Dramatic Fall
Reading time: < 1 minuteDo Kwon, whose TerraUSD project promised financial revolution, will plead guilty to fraud charges after his algorithmic creation spectacularly collapsed in 2022, taking $40 billion of investor money with it.
Paxos Aims for National Charter to Bolster Stablecoin Trust
Reading time: < 1 minutePaxos, the company behind PayPal’s stablecoin, has applied for a federal trust charter to enhance its regulatory standing.
401(k) Crypto Approval Sparks $1.57B Inflow Wave, Reversing Early Outflows
Reading time: < 1 minuteA US regulatory shift allowing digital assets in retirement plans helped crypto funds recover from $1B in early-week outflows, ending with $572M in net inflows.
White House Crypto Chief Bo Hines Steps Down
Reading time: < 1 minuteBo Hines, leader of the White House’s crypto advisory council, is leaving his post, per journalist Eleanor Terrett. Deputy Patrick Witt will reportedly take over.
SEC vs. Ripple Appeals Dismissed, 2023 Ruling Stands as Final
Reading time: < 1 minuteThe Second Circuit Court of Appeals has dismissed the SEC’s appeal and Ripple’s cross-appeal in the high-profile XRP case, finalizing Judge Analisa Torres’ 2023 ruling.
Trump’s New Order Expands 401(k) Investment Options to Include Crypto
Reading time: < 1 minutePresident Donald Trump’s latest executive order, signed Thursday, could reshape retirement investing by enabling 401(k) plans to offer cryptocurrencies and other alternative assets.
Trump Readies Executive Order to Investigate Crypto Debanking
Reading time: < 1 minutePresident Donald Trump could sign an executive order as soon as this week launching a federal probe into claims that banks unfairly cut off crypto firms and conservative organizations.
SEC’s New Guidance Exempts Liquid Staking from Securities Framework
Reading time: < 1 minuteThe US Securities and Exchange Commission has formally excluded certain liquid staking activities from securities regulations, according to guidance released Tuesday.
CFTC Moves Toward Spot Crypto Trading on Futures Exchanges
Reading time: < 1 minuteThe CFTC is making a bold move—exploring spot crypto trading on regulated futures markets (DCMs). The agency is now seeking public input on how to implement this under existing rules.