Tag: US
SEC Commissioner Criticizes Ripple’s Settlement
Reading time: < 1 minuteCaroline Crenshaw, a US SEC Commissioner, suggested on May 8th that the SEC’s settlement with Ripple might lead to a regulatory gap.
OCC Says National Banks Can Buy and Sell Customers’ Crypto
Reading time: < 1 minuteThe OCC has given national banks the go-ahead to buy, sell, and custody digital assets for customers, effective immediately.
Arizona Governor Signs into Law Crypto Bill
Reading time: < 1 minuteArizona has officially embraced crypto in its unclaimed property laws, with Governor Katie Hobbs (D-AZ) signing HB 2749 into effect.
US House Republicans Releases Crypto Market Structure Bill
Reading time: < 1 minuteFour House Republicans have introduced a draft bill aimed at establishing a regulatory framework for digital assets in the US.
Florida Suspends Legislation on Crypto Reserves
Reading time: < 1 minuteFlorida’s House Bill 487 and Senate Bill 550, which sought to permit the state to invest up to 10% of its funds in Bitcoin to create a strategic cryptocurrency reserve, have been indefinitely postponed and withdrawn.
SEC to Drop Case Against Ian Balina
Reading time: < 1 minuteToken Metrics CEO Ian Balina announced Wednesday that the SEC is expected to drop its case against him, concluding a three-year legal battle over alleged violations of US securities laws.
North Carolina Advances Bitcoin Bill
Reading time: < 1 minuteThe North Carolina House of Representatives has passed House Bill 92, the Digital Assets Investment Act, in a 71-44 vote on April 30, clearing the way for the legislation to proceed to the Senate.
Crypto Supporters Call on SEC for Clarity on Staking
Reading time: < 1 minuteA coalition of nearly 30 crypto advocacy groups is pushing back against potential securities regulations on staking, arguing that the process is more about blockchain infrastructure than traditional investing.
Galaxy Digital to Move to Nasdaq
Reading time: < 1 minuteGalaxy Digital has proposed to shift from the Toronto Stock Exchange (TSX) to the Nasdaq, which reflects a strategic move amid a resurgence in crypto equities.
SEC Closes Investigation into PayPal’s Stablecoin
Reading time: < 1 minuteThe US Securities and Exchange Commission (SEC) has wrapped up its investigation into PayPal’s stablecoin, PYUSD, without any enforcement action.
