#SEC

21Shares Sparks ETF Buzz with New Solana Proposal

21Shares has officially thrown its hat into the ring with a new filing to the United States Securities and Exchange Commission (SEC) for the launch of the 21Shares Core Solana ETF. This move closely follows VanEck’s initiative to introduce a similar Solana-based spot ETF, signaling a growing institutional appetite for Solana (SOL) among leading financial […]

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Regulatory Rumble: SEC Targets Consensys

In a dramatic escalation of regulatory scrutiny within the cryptocurrency sector, the United States Securities and Exchange Commission (SEC) has launched a lawsuit against Ethereum software giant, Consensys. The SEC’s complaint, filed on Friday, accuses Consensys of operating as an unregistered broker through its MetaMask Swaps service and collecting over $250 million in fees through

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Crypto Clash: Kraken’s Powell Overshoots Donation Cap in Political Pivot

In a move echoing the Winklevoss twins’ recent faux pas, Jesse Powell, co-founder of the cryptocurrency exchange Kraken, has reportedly donated a whopping $1 million to Donald Trump’s election campaign, overshooting the legal limit for individual contributions which stands at $844,600. This hefty donation, primarily in ether, may see a significant portion returned, much like

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Nigeria Tightens Crypto Regulation: 30-Day Ultimatum

In a significant regulatory move, Nigeria’s Securities and Exchange Commission (SEC) has issued a 30-day ultimatum to all cryptocurrency exchanges and digital asset traders operating within the country to re-register their businesses or face potential enforcement actions. This directive marks a pivotal step in Nigeria’s broader strategy to bring digital assets trading under stricter regulatory

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Crypto Under the Gavel: DOJ Declares HYDRO a Security

In a landmark decision, the U.S. Department of Justice (DoJ) has for the first time classified a cryptocurrency, the HYDRO token, as a security. This pivotal ruling accompanied the sentencing of Shane Hampton, CEO of Hydrogen Technology, and Michael Kane, the firm’s head of financial engineering, for their roles in manipulating the token’s market prices.

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VanEck Hints at Ethereum ETF Launch: Is the Wait Almost Over?

VanEck’s recent regulatory filing hints that U.S. Ethereum ETFs might be just around the corner, with some experts speculating a launch within a week. The $89 billion investment manager submitted an 8-A form for the VanEck Ethereum Trust on Tuesday. This crucial document is necessary for corporations to issue specific types of securities on national

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White House Rehires Pro-Crypto Advisor: A Policy Shift?

Biden Administration’s renewed engagement with crypto policy, the White House has rehired Carole House, a cybersecurity advisor who previously guided the president on his 2022 crypto-focused executive order. House, who advised President Joe Biden from 2021 to 2022 as a director on the National Security Council with a focus on cybersecurity and digital innovation, is

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