Tag: SEC

Paul Atkins Marks One Year as SEC Chair, Changing Crypto Regulation

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Since Paul Atkins was sworn in as chair of the US Securities and Exchange Commission (SEC) on April 21, 2025, the agency has significantly changed its position on regulation and enforcement related to digital assets, marking a shift from the leadership of former chair Gary Gensler during the Biden administration. During his 2024 presidential campaign, Donald Trump made removing Gensler one of his promises to the crypto industry, along with creating a national Bitcoin (BTC) stockpile and opposing the issuance of a US central bank digital currency. His November 2024…

SEC Chair Paul Atkins Swaps Lawsuits for ‘ACT’ Strategy – Bitcoin News

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Key Takeaways: SEC Chair Paul Atkins officially replaced the agency’s “regulation by enforcement” era with a new 3-pillar “ACT” strategy on April 20, 2026. The shift aims to bring crypto firms back to U.S. soil after years of offshore flight caused by regulatory opacity under previous leadership. To revitalize IPOs in 2026, the SEC is targeting high costs, vexatious litigation, and the “weaponization” of corporate governance. Paul Atkins CNBC Interview: Ending the ‘Misguided’ War on Digital Assets Appearing on CNBC’s Squawk Box nearly a year into his tenure, U.S. Securities…

Bitcoin ETF News: Goldman Files With SEC

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Goldman Sachs filed a registration statement with the SEC on April 14 for the Goldman Sachs Bitcoin Premium Income ETF, the first bitcoin ETF news from the Wall Street giant that proposes directly issuing its own crypto income product rather than simply holding third-party spot funds. Summary The fund will invest at least 80% of net assets in instruments providing bitcoin exposure, primarily shares of spot bitcoin ETPs such as BlackRock’s IBIT and Fidelity’s FBTC, then sell call options on those positions to collect monthly premiums. The options overwrite level…

SEC Charges Donald Basile in $16M Crypto Fraud Over “Insured” Token

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The US Securities and Exchange Commission has filed a lawsuit against crypto executive Donald Basile, accusing him and two companies he controlled of raising about $16 million from investors through false claims tied to a so-called “insured” crypto token known as Bitcoin Latinum. In a complaint filed Friday in the US District Court for the Eastern District of New York, the SEC alleged that Basile ran the scheme between March and December 2021 through Monsoon Blockchain Corp. and GIBF GP Inc., offering investors Simple Agreements for Future Tokens (SAFTs) that…

MAJOR WEALTH FIRM LAUNCHES XRP TRADING! COINBASE STOCK, PREDICTION MARKET, & TOKENIZATION!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Crypto News: Digital Wealth Partners introduces algorithmic XRP trading for qualified retirement accounts. Coinbase rolls out stock trading, prediction markets, tokenization platform. The Fed has just rolled back its 2023 policy, opening the door for uninsured and insured banks under its supervision to participate in crypto activities. Brought to you by 🏦 Learn about iTrustCapital’s powerful Premium Custody Account (PCA) and tax-advantaged Crypto IRA platforms 💡Get the (Re)Thinking Crypto Book on Amazon – 🖥️ Learn Crypto with Expert Commentary – Sponsors: 🌟Uphold…

SEC Commissioner Calls for Permanent Broker Rule Overhaul Reflecting Modern Crypto Market Realities – Regulation Bitcoin News

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Key Takeaways: SEC Commissioner favors a more permanent approach to defining broker rules in crypto markets. Guidance from SEC limits when crypto interfaces must register as broker-dealers. Outlook suggests SEC may pursue clearer, permanent rules after industry feedback. SEC Guidance Defines Crypto Interface Boundaries Regulatory clarity for crypto interfaces is advancing as policymakers reassess broker definitions in decentralized markets. U.S. Securities and Exchange Commission (SEC) Commissioner Hester M. Peirce commented on April 13 after the SEC Division of Trading and Markets issued guidance that outlined when crypto interface providers and…

SEC Proposes Certain Crypto Interfaces Don’t Need to Register as Brokers

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The US Securities and Exchange Commission (SEC) has issued a staff statement clarifying how the agency plans to interpret software interfaces facilitating crypto transactions in its broker-dealer regulations. In a Monday statement, the SEC’s Division of Trading and Markets staff said that under certain circumstances, interfaces that “assist users engaging in user-initiated crypto asset securities transactions on blockchain protocols […] utilizing the user’s self-custodial wallet” may not necessarily be required to register as a broker-dealer with the agency. Source: SEC The SEC statement specified that self-custodial wallets with such user…

Ondo Finance Seeks SEC No-Action to Integrate Blockchain Into Securities Infrastructure – Regulation Bitcoin News

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Key Takeaways: Ondo Finance seeks SEC no-action relief for tokenized securities model on Ethereum. Structure improves utility without altering existing legal framework for securities. Bitgo custody supports tokenized entitlements on Ethereum for operational processes. Ondo Finance Advances Blockchain-Integrated Recordkeeping Model Blockchain integration into regulated securities markets is advancing toward architectures that combine traditional custody with on-chain efficiency. Digital asset firm Ondo Finance submitted a no-action letter request on April 13 to the U.S. Securities and Exchange Commission (SEC) Division of Trading and Markets tied to Ondo Global Markets (OGM). It…

SEC and CFTC Fast-Track US Crypto Oversight Using Interpretive Rules to Bypass Lengthy Rulemaking – Regulation Bitcoin News

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Key Takeaways: Government Accountability Office (GAO) highlights fast-track crypto rules, boosting momentum across markets. SEC and CFTC move quickly with interpretive approach, reducing friction for digital asset expansion. Crypto framework signals lower barriers for issuers, supporting broader adoption and scalability. Regulators Accelerate Crypto Oversight Using Interpretive Rules A Government Accountability Office (GAO) review clarifies how U.S. regulators are advancing crypto policy while avoiding a judgment on the rule itself. The GAO, a congressional watchdog, issued its report on a joint rule from the Commodity Futures Trading Commission (CFTC) and the…

SEC Opens Proceedings on NYSE Proposal to List Grayscale Crypto ETF Options – Regulation Bitcoin News

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Key Takeaways: SEC review targets NYSE American proposal tied to Grayscale ETF with 76.02% bitcoin exposure. Regulators examine whether proposal meets investor protection and market integrity standards. Public comment period opens, allowing industry participants to weigh in on ETF options framework. SEC Review Delays Crypto ETF Options Expansion Plans Growing institutional interest in crypto derivatives continues shaping market development, as regulators evaluate new pathways for structured digital asset exposure. The U.S. Securities and Exchange Commission (SEC) initiated proceedings on April 9 to assess NYSE American LLC’s proposal to list options…