Key Notes Grayscale is pushing the SEC to allow ETH staking, unlocking millions in missed rewards. Massive ETH inflows into exchange Binance sparked fears of a new wave of selling pressure. ETH could target $2,000 in the near future as Buterin unveiled massive upgrades for ETH. The representatives from Grayscale Investments met with the US Securities and Exchange Commission’s (SEC) Crypto Task Force on April 21 to advocate for allowing staking within Ethereum exchange-traded products (ETPs). Grayscale proposed amendments to its Form 19b-4 filings for both the Grayscale Ethereum Trust…
Tag: SEC
Coinbase presses to axe rule banning SEC staff from holding crypto
Coinbase has urged the US Office of Government Ethics to remove a rule banning Securities and Exchange Commission staff from holding crypto. SEC staff need to use crypto to better understand how it works and the best way to regulate it, Coinbase chief legal officer Paul Grewal argued in open letters sent to OGE acting director Jamieson Greer and newly sworn-in SEC Chair Paul Atkins, which he shared to X on April 25. “To regulate technology, you need to understand it. To understand technology, you need to use it,” Grewal…
New SEC Chair Promises Radical Crypto Reforms—Vows to Make US the Top Investment Hub
Crypto markets and investor confidence are poised for explosive growth as new SEC leadership vows to end overreach, restore fairness, and champion clear digital asset regulations. New SEC Leadership Signals Massive Win for Crypto Innovation and Investor Confidence Paul Atkins officially assumed leadership of the U.S. Securities and Exchange Commission (SEC) during a swearing-in ceremony […] Source CryptoX Portal
SEC delays multiple crypto ETF decisions amid growing application backlog
The U.S. Securities and Exchange Commission has pushed back decisions on Bitwise’s Bitcoin and Ethereum ETFs as well as Canary Capital’s Hedera ETF, citing the need for more time as it navigates a surge in ETF filings. According to filings dated April 24, the SEC has delayed decisions on Bitwise’s Bitcoin (BTC) and Ethereum (ETH) ETFs as well as well as Canary Capital’s Hedera (HBAR) ETF, with the new deadlines set to June 10 and June 11, respectively. In both filings, the SEC cited the need for additional time to…
$198M Crypto Mirage? SEC Targets AI Trading Kingpin in Global Ponzi Uprising
A $198 million crypto fraud empire disguised as AI trading has been unraveled, exposing a luxury-fueled Ponzi scheme that spanned the globe. AI Autotrader or Smoke and Mirrors? The SEC Exposes What PGI Really Was The U.S. Securities and Exchange Commission (SEC) announced on April 22 that it has charged Ramil Palafox, founder of PGI […] Source BitcoincryptoexchangeExchanges CryptoX Portal
SEC chair suggests ‘huge benefits’ in agency’s third crypto roundtable
In one of his first appearances as the recently sworn-in chair of the US Securities and Exchange Commission, Paul Atkins delivered remarks to the agency’s third roundtable discussion of crypto regulation. In the “Know Your Custodian” roundtable event on April 25, Atkins said he expected “huge benefits” from blockchain technology through efficiency, risk mitigation, transparency, and cutting costs. He reiterated that among his goals at the SEC would be to facilitate “clear regulatory rules of the road” for digital assets, hinting that the agency under former chair Gary Gensler had…
Nasdaq urges SEC to treat certain digital assets as ‘stocks by any other name’
Nasdaq has urged the US Securities and Exchange Commission (SEC) to hold digital assets to the same regulatory standards as securities if they constitute “stocks by any other name,” according to an April 25 comment letter. The exchange said the US financial regulator needs to establish a clearer taxonomy for cryptocurrencies, including categorizing a portion of digital assets as “financial securities.” Those tokens, Nasdaq argued, should continue to be regulated “as they are regulated today regardless of tokenized form.” “Whether it takes the form of a paper share, a digital…
Atkins SEC era sparks massive industry optimism, crypto execs speak out
The crypto industry is bracing for a significant shift in regulatory tone following Paul Atkins’ swearing-in as chair of the US Securities and Exchange Commission on April 21. A former SEC commissioner with deep roots in deregulatory philosophy, Atkins replaces Gary Gensler, whose combative stance toward crypto defined much of the agency’s recent legacy. In the latest episode of Byte-Sized Insight with Cointelegraph, key industry figures weigh in on the implications of this leadership change and what it might unlock for innovation, investment and clarity for digital assets. Crypto’s “golden…
El Salvador Meets SEC on Crypto
Key Notes El Salvadoran delegates met with the SEC to discuss launching crypto pilot initiatives. The proposed sandbox program would test digital assets in a controlled environment. The initiative aims to explore real estate tokenization and small business fundraising. Valereum PLC, a publicly traded fintech company, announced that Carmen Elena Ochoa de Medina, Head of VLRM Markets El Salvador, was part of the delegation that met with the US Securities and Exchange Commission (SEC) on 22 April 2025. Other members of the delegation included a Goldman Sach’s former partner, a…
SEC delays decision on Polkadot ETF
The US Securities and Exchange Commission (SEC) has delayed a decision on whether to approve a proposed exchange-traded fund (ETF) holding Polkadot’s native token, regulatory filings show. According to an April 24 filing, the regulator has extended its deadline for a final ruling until June 11, nearly four months after the Nasdaq sought permission to list Grayscale Polkadot Trust on Feb. 24. Grayscale’s ETF filing adds to a roster of roughly 70 proposed ETFs awaiting SEC approval, including funds holding altcoins, memecoins, and crypto-related financial derivatives, according to Bloomberg Intelligence. …