The U.S. Securities and Exchange Commission (SEC) has given the green light to two cryptocurrency index exchange-traded funds (ETFs) from Hashdex and Franklin Templeton, heralding a new era for regulated crypto investments. SEC’s Approval Unleashes New Crypto ETFs These ETFs blend exposure to both spot-based bitcoin (BTC) and ethereum (ETH), providing investors with a mix […] Original
Ripple’s legal chief criticized SEC Commissioner Caroline Crenshaw as “more rogue than Gensler,” accusing her of defying court rulings. SEC Commissioner Caroline Crenshaw Faces Growing Opposition From Crypto Industry Ripple’s chief legal officer, Stuart Alderoty, took to social media platform X on Wednesday to comment on the renomination of U.S. Securities and Exchange Commission (SEC) […] Source CryptoX Portal
The U.S. Securities and Exchange Commission has charged three Nigerian nationals with defrauding investors of $2.9 million in Bitcoin. According to the SEC, the individuals used fake websites, social media, and voice-altering software to impersonate legitimate financial professionals, targeting at least 28 victims. The defendants — Chibuzo Augustine Onyeachonam, Stanley Chidubem Asiegbu, and Chukwuebuka Martin Nweke-Eze — allegedly posed as brokers and advisers from well-known U.S. firms. They created websites mimicking real professionals, complete with fake testimonials from supposed clients. They used social media and group chats to lure investors…
Ripple executives praised potential SEC leadership changes, signaling hope for a crypto-friendly shift that ends restrictive policies and fosters innovation and economic growth. Ripple Hails SEC Shake-Up: Common Sense Returns to Crypto Regulation Ripple’s executives have expressed support for Paul Atkins assuming a leadership role at the U.S. Securities and Exchange Commission (SEC). President-elect Donald […] Source CryptoX Portal
Bitcoin claims the historic $100,000 milestone, President-elect Donald Trump picks former SEC commissioner Paul Atkins to replace Gary Gensler as agency chair, and more in today’s edition of the weekly recap. Bitcoin breaches $100,000 Trump’s SEC pick and crypto czar… Original
With Paul Atkins expected to take over as chair of the U.S. Securities and Exchange Commission (SEC), is this the regulatory lifeline crypto has been waiting for, or just another chapter of empty promises? Goodbye, Gensler. Hello, Atkins President-elect Donald Trump has nominated Atkins to lead the SEC. The announcement sparked optimism across financial circles—particularly within the crypto community. A renowned regulator with extensive experience, Atkins has been selected to bring a fresh perspective to the SEC at a time when innovation and regulation are locked in a critical tug-of-war. …
False claims of an SEC lawsuit and ADA token burns from a hacked Cardano Foundation account sent shockwaves through the cryptocurrency community, sparking panic. Fake SEC Lawsuit Targets Cardano Foundation: ADA Burn Rumors Spark Panic The Cardano Foundation’s social media platform X account appears to have been compromised early Sunday morning, alarming the cryptocurrency community […] Source CryptoX Portal
Cryptocurrency-focused venture capital firms are optimistic about President-elect Donald Trump’s selection of Paul Atkins as Securities and Exchange Commission (SEC) chair. Trump’s Picks Expected to Reverse Gensler-Era Policies Cryptocurrency-focused venture capital (VC) firms are reacting positively to President-elect Donald Trump’s selection of Paul Atkins as chair of the Securities and Exchange Commission. According to a […] Source BitcoincryptoexchangeExchanges CryptoX Portal
The idea to blacklist former SEC regulators who have been openly hostile to the crypto industry was recently brought up by Coinbase CEO Brian Armstrong. Coinbase’s Call to Arms To Blacklist SEC ‘Bad Actors’ Heeded by Winklevoss and Selkis Cryptocurrency exchanges Coinbase and Gemini said they will no longer work with any law firms that […] Source BitcoincryptoexchangeExchanges CryptoX Portal
In November, the SEC published just one crypto-related litigation release, alleging a $115 million securities fraud scheme against Eng Taing and his company, Touzi Capital, LLC. According to the Complaint, Taing promised investors the chance to fund cutting-edge crypto mining operations and debt rehabilitation businesses, portraying these investments as stable and highly profitable. The following […] Source CryptoX Portal