Tag: SEC

SEC Approval Of Listing Standards Can Mainstream Crypto ETFs

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Opinion by: Margaret Rosenfeld, chief legal officer of Everstake For years, the approval of crypto exchange-traded funds (ETFs) has been one of the most contested battles in financial regulation. The first applications for a Bitcoin (BTC) ETF date back more than a decade. Only in early 2024, after repeated denials and a court battle that forced the US Securities and Exchange Commission to reconsider, did spot Bitcoin ETFs finally gain SEC approval in the United States. The long road to that point underscored the regulatory caution, political scrutiny and structural…

SEC Delays HBAR & DOT ETFs

Key Notes The SEC extended the approval timelines for HBAR and DOT ETFs to November 8. This marks the third delay for both ETFs. Analysts expect these ETFs to be approved soon as SEC finalizes generic listing standards for spot crypto ETFs. The U.S. Securities and Exchange Commission (SEC) has once again delayed decisions on two altcoin exchange-traded funds (ETFs): Canary HBAR and Grayscale Polkadot (DOT). As per the latest filing, the regulator extended the period to approve or disapprove both ETFs by an additional 60 days, setting November 8…

Ripple vs. SEC Is Over: Time to Challenge SWIFT?

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Ripple has finally finished its legal battle against the US Securities and Exchange Commission, bringing legal clarity to its underlying coin, XRP (XRP). Now observers are asking whether XRP can finally focus on providing a viable alternative to SWIFT. The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has been the backbone of international money transfers since its founding in 1973. However, for several years, critics have said that the system is outdated. Many in the blockchain industry, including Ripple CEO Brad Garlinghouse, argue that blockchain technology provides higher throughput and…

SEC, CFTC Chiefs Promise ‘New Day’ for Crypto with Joint Regulatory Overhaul

Key Notes Regulatory chiefs promise to end the “no man’s land” approach that has stifled crypto innovation and market development. Trading hours will expand to 24/7 operations while clearer guidelines emerge for prediction and derivatives markets worldwide. DeFi platforms may receive innovative exemptions as agencies shift away from previous enforcement-heavy regulatory strategies. Paul Atkins, the chairman of the US Securities and Exchange Commission (SEC), and Caroline Pham, the acting chairman of the Commodity Futures Trading Commission (CFTC), are advocating for increased collaboration between their respective agencies. They are also proposing…

SEC and CFTC Propose Shift to 24/7 Financial Markets in the US

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The US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) released a joint statement on Friday exploring a possible shift to 24/7 capital markets and regulations for crypto derivatives. Scaling onchain finance requires a 24/7 trading environment across asset classes, the regulators said in the statement. Crafting regulatory clarity for event contracts and perpetual futures — futures contracts without an expiry date — was also a priority. However, the agencies clarified: “Further expanding trading hours could better align US markets with the evolving reality of a…

John Deaton Says XRP Community Helped Sway SEC Lawsuit Outcome

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XRP tokenholders were a tipping element that helped secure Ripple Labs’ win against the US securities regulator, which ultimately ended last month when both sides agreed to drop appeals.  The SEC sued Ripple in 2020, accusing it of selling the XRP (XRP) token as an unregistered security. Judge Analisa Torres ruled in 2023 that only some tokens could be considered securities and the case finally ended in August this year. Now the dust has settled, crypto advocate and lawyer John Deaton said, “no credible person can argue” that the “XRP…

🚨SEC RIPPLE XRP CASE OVER! & TRUMP OPENS UP 401K TRILLIONS TO CRYPTO!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Crypto News: The SEC vs Ripple XRP case is over with both parties filing Joint Dismissal of the Appeals. President Trump officially signs executive order opening the $12.5 trillion 401(k) retirement market to crypto investments. Show Sponsor – 🏦 Learn about iTrustCapital’s powerful Premium Custody Account (PCA) and tax-advantaged Crypto IRA platforms Promo Code: THINK7 💡Get the (Re)Thinking Crypto Book on Amazon – 🖥️ Learn Crypto with Expert Commentary – Sponsors: 🌟Uphold – Signup with Uphold. Terms Apply. Cryptoassets are highly volatile.…

SEC Skewed Filings To Bring Suit, Unicoin Claims

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Crypto investment platform Unicoin hit back at the US Securities and Exchange Commission’s fraud lawsuit after three months, accusing the agency of distorting its regulatory statements to build a case. Unicoin told a New York federal judge on Wednesday that the SEC’s lawsuit should be dismissed as it “plucks snippets of communications and distorts their meaning and context; treats routine financial projection and optimism as fraud; and ignores Unicoin’s sober warnings about risk.” It added, “Most bizarrely, the SEC twists Unicoin’s disclosures in the company’s own SEC filings and improperly…

REX-Osprey Files for BNB Staking ETF with US SEC

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REX Shares and Osprey Funds (REX-Osprey) have filed with the US Securities and Exchange Commission for a BNB exchange-traded fund (ETF) featuring staking yield. The filing comes as asset managers step up their push into crypto ETFs and yield-generating strategies. According to the filing, the REX-Osprey BNB + Staking ETF would allocate at least 80% of its capital to BNB (BNB), the native token of the Binance ecosystem, or gain exposure to the asset through a Cayman Islands subsidiary. The remaining assets could be invested in other ETFs or exchange-traded…