SEC to drop lawsuit against Kraken, ending a “wasteful, politically motivated campaign”
The SEC filed a lawsuit against Kraken in 2023 The agency argued that the platform was operating without conducting the proper registration Kraken said the SEC’s decision was a “turning…
Coinbase asks SEC for breakdown of cost of Gensler’s war on crypto
Coinbase goes after SEC for details on cost of war on crypto. The exchange has filed a FOIA request asking for SEC’s documents during the leadership of former SEC chair…
SEC drops its case against MetaMask, Consensys says
Consensys has announced the SEC will drop its case against MetaMask. The regulator sued the company over the wallet’s staking feature, alleging securities violations. SEC has dropped investigations or cases…
SEC drops investigation against Gemini, no action taken
The SEC has dropped investigations against Coinbase, Robinhood Crypto, and Uniswap Cameron Winklevoss said the result does “little to make up for the damage” done He said there should be…
SEC drops case against Uniswap, marking a “huge win for DeFi”
Coinbase and Robinhood Crypto have also had their investigations dropped by the SEC Uniswap said it was a “huge win for DeFi” The move comes as the SEC undergoes a…
SEC drops investigation into Robinhood Crypto
Robinhood says the SEC has ended the regulator’s probe into Robinhood Crypto. SEC issued a Wells Notice to Robinhood Crypto in May 2024. SEC’s closing of the Robinhood Crypto investigation…
The SEC Mulls Over XRP ETF Applications as Interest Rise
The SEC has received six XRP ETF applications over the last several weeks as interest in traditional crypto investment vehicles continues rising. Coinshares sent a proposal for XRP and Litecoin…
Coinbase scores major win as SEC set to drop lawsuit
Coinbase says the SEC has agreed to dismiss its lawsuit against the US-based crypto exchange. The SEC sued Coinbase in 2023 but with Gary Gensler’s exit, the regulator is eyeing…
US SEC approves the first yield-bearing stablecoin
The US SEC has approved YLDS, the first yield-bearing stablecoin, with 3.85% APR. YLDS trades 24/7 on Figure Markets and its APR is paid monthly in USD or YLDS. The…
Progress in SEC approvals bolster XRP and Dogecoin as iDEGEN presale surges
It remains to be Bitcoin season with the CMC altcoin season index being at 35. Even so, altcoins like Dogecoin and Ripple have recorded significant gains amid heightened anticipation for…