News with the tag "U.S. SEC"

After Judge Torres denied the Ripple SEC motion for an indicative ruling, legal experts have shared various perspectives on the next steps in the prolonged legal battle. Pro-crypto attorney and former senatorial candidate John Deaton also weighed in on the ruling, outlining what both parties need to...

Wall Street powerhouse BlackRock held a meeting with the U.S. Securities and Exchange Commission’s (SEC) Crypto Task Force to discuss staking in crypto exchange-traded products (ETPs) and tokenization of traditional securities. The company said it wanted to discuss how staking should be treated, inc...

Caroline Crenshaw, a U.S. SEC Commissioner, suggested on May 8th that the agency’s settlement with Ripple could create a regulatory gap. She added that the settlement joined a line of dismissals that collectively eroded the credibility of the agency’s lawyers in court, who were being asked to take l...

The SEC and Ripple Labs filed a motion today seeking court approval for $50 million of the initially proposed $125 settlement agreement to end their long-running legal dispute and dissolve the current injunction against Ripple. Under the agreement, the remaining $75 million will be returned to the c...

Crypto lender Nexo says it’s planning to reopen operations in the United States as the country has become more welcoming of digital assets. In a new thread on the social media platform X, Nexo says it will resume services for American customers after shutting them down about two years ago when runni...

Hashdex has launched the world’s first XRP spot ETF — XRPH11. The fund tracks the Nasdaq XRP Index and invests at least 95% of its assets directly in XRP. It targets institutional and advanced investors seeking regulated exposure to the crypto market within Brazil’s capital markets. The world’s firs...

Nasdaq, the operator of one of the premier U.S. stock exchanges and a crypto index, is advising the U.S. regulators to carefully focus on defining digital assets in four buckets that will clearly determine which agency acts as referee, according to a 23-page letter sent to the Securities and Exchang...

The U.S. Securities and Exchange Commission (SEC) has delayed its decision to approve the Grayscale Polkadot ETF. In a notice published on April 24, 2025, the agency announced a 45-day extension to its initial review period. The new deadline is now set for June 11, 2025. “The Commission finds it app...

The SEC has delayed its decision on crypto spot ETFs, pushing back approvals for VanEck Spot Solana ETF, Canary Spot Litecoin ETF, Canary Spot Solana ETF, Canary Spot XRP ETF, Grayscale Spot XRP ETF, and Grayscale Spot Dogecoin ETF, according to court filings on Tuesday. Investors hoping for a quick...

The Chicago Board Options Exchange filed with the Securities and Exchange Commission (SEC) on March 11 to enable staking for the Fidelity Ethereum ETF. The firm said the initiative aims to allow the fund to stake its Ethereum holdings and enhance returns for investors. The 19b-4 form filed with the ...