April 29th, 2025
SEC Crypto News - Page 31
BlackRock and Fidelity’s Spot Ethereum ETF Application: SEC Delays Decision, Seeks Public Input
By Temitope Olatunji
March 5th, 2024
The SEC’s decision to seek public comment on the proposed ETFs is a strategic move, as it allows the regulatory body to gather insights and address potential concerns regarding fraud, manipulation, and the intricacies of Ethereum’s transaction validation process
BofA’s Merrill and Wells Fargo to Offer Spot Bitcoin ETFs to Clients
By Bhushan Akolkar
March 1st, 2024
A representative from Wells Fargo has verified that spot Bitcoin ETFs have been accessible for unsolicited purchases post-SEC approval.
BlackRock Partners with B3 to Launch Bitcoin ETF in Brazil
By Godfrey Benjamin
March 1st, 2024
The success of the BlackRock iShares Bitcoin Trust IBIT in the United States serves as a testament to the growing appetite for crypto investment products.
SEC Challenges Terraform’s Legal Expenses in Bankruptcy Battle
By Godfrey Benjamin
February 29th, 2024
In its bid to navigate the legal challenges, Terraform sought permission from the bankruptcy court to engage Dentons as special litigation counsel and allocate $6.3 million to cover legal expenses for employees and external partners facing litigation.
Gemini to Pay $1.1 Billion Settlement to Earn Program Customers
By Tokoni Uti
February 29th, 2024
Customers of Gemini’s Earn Program will be able to recover their assets thanks to a new ruling.
Kraken Challenges Coinbase’s Bitcoin Custody Dominance with New Institutional Service
By Mayowa Adebajo
February 28th, 2024
Kraken’s strategy is driven toward attracting new institutional customers into the market.
Circle’s USDC Registered 14.3% Growth Since December to Date Compared to 8.7% for Tether’s USDT
By Steve Muchoki
February 27th, 2024
The notable growth for Circle’s USDC is an indication of increased buying pressure for digital assets amid the confirmed crypto bull market.
South Korea and United States to Discuss Crypto Regulation: NFTs and Bitcoin ETFs in Focus
By Temitope Olatunji
February 26th, 2024
One of the main topics of discussion will be whether NFTs should be legally considered virtual assets in South Korea.
Bitcoin Effect: Mike Novogratz Remains Bullish on BTC
By Temitope Olatunji
February 26th, 2024
Despite the positive development, Novogratz acknowledges the lack of clear regulations surrounding cryptocurrencies.
MicroStrategy’s X Account Hacker Posts Malicious Links, Investors Lose $440,000
By Bhushan Akolkar
February 26th, 2024
Crypto experts say that investors should do due diligence before clicking on suspicious links and that it is highly unlikely for a Bitcoin-dedicated firm to launch an Ethereum-based token.
Kraken Moves to Dismiss SEC Lawsuit, Challenges SEC’s Interpretation of Investment Contacts
By Chimamanda U. Martha
February 23rd, 2024
Kraken criticized the SEC’s interpretation of investment contracts, calling it into question for its potential impact on the broader market.
Reddit Prepares for Largest Social Media IPO in Four Years
By Chimamanda U. Martha
February 23rd, 2024
In the filing, Reddit also mentioned its intention to offer shares to some of its most active users.
Coinbase Urges US SEC to Approve Spot Ethereum ETFs as Analysts Warn of Concentration Risks
By Steve Muchoki
February 22nd, 2024
The Coinbase legal team argued that Ethereum is highly decentralized and viewed as a commodity as much Bitcoin, thus its spot ETFs should be approved soon.
Terraform Labs Co-founder Do Kwon All Set for Extradition to United States
By Bhushan Akolkar
February 22nd, 2024
Officials in both the United States and South Korea have been vying for jurisdiction over Do Kwon’s fraud allegations. The Terra co-founder’s extradition timeline remains uncertain.
Crypto Gets Seat at Miami Beach Exchange ETF Conference
By Mayowa Adebajo
February 21st, 2024
It appears that crypto may have transitioned from the periphery to the forefront of mainstream investing.