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SEC charges Abra for offering unregistered crypto securities

SEC has charged Abra with securities violations related to the crypto platform’s Abra Earn program. The regulator previously charged Genesis and Gemini crypto exchange over securities violations related to Gemini…

Judge denies Kraken motion to dismiss SEC lawsuit

US District Judge William H. Orrick has ruled that the US Securities and Exchange Commission has a plausible case against crypto exchange Kraken. According to the judge, the SEC’s lawsuit…

Mango Markets DAO proposes to offer the US SEC a settlement deal

Mango Markets DAO proposes a $223,228 SEC settlement. The proposal aims to resolve SEC charges after a $110M exploit in October 2022. Mango DAO will destroy MNGO tokens, cease US…

SEC withdraws claims that ADA, MATIC, and SOL are securities in its Binance lawsuit

SEC retracts request to classify ADA, MATIC, and SOL as securities in Binance suit. Affected tokens include ADA, MATIC, SOL, BNB, BUSD, and others. The shift in SEC’s stance follows…

US SEC approves Ethereum ETFs, Grayscale spot Ether ETFs launch on NYSE Arca

US SEC approves Ethereum ETFs after years regulatory process. Grayscale has launched two spot Ether ETFs on NYSE Arca after the SEC’s approval. The SEC has also approved VanEck Ethereum…

SEC directs final S-1 submissions for Ether ETFs with target launch on July 23

SEC mandates final S-1 filings for Ether ETFs by July 16, launch set for July 23. Invesco, Galaxy set fees at 0.25%; VanEck, Franklin Templeton at 0.20% and 0.19% respectively.…

US House fails to overturn Biden’s veto on SEC crypto rule

US House voted 228-184 in favor of overriding President Joe Biden’s veto of H.J.Res. 109 on SAB 121. The vote however fell short of required two-thirds majority. The US House…

Solana ETF Plan Officially Confirmed by Cboe SEC Filing

The Cboe is officially attempting to make SOL ETFs happen. It is doing this through VanEck and 21Shares. If approved, this will mark a new wave in cryptocurrency trade. After…

SEC files lawsuit against Consensys

The US Securities and Exchange Commission (SEC) has sued Consensys. SEC filed its lawsuit against the company on Friday, alleging unregistered broker dealer and offer of unregistered securities. The US…

SEC ends investigation into Ethereum 2.0, tokens pump

Ethereum and other altcoins jumped after the latest news around the US Securities and Exchange Commission (SEC)’s investigation into whether ETH is a security. Lido DAO spiked double digits while…