News with the tag "U.S. Securities and Exchange Commission"

Kraken, the second-largest US-based crypto exchange by trading volume, is reportedly gearing up for a public launch. According to a new report by Bloomberg, Kraken, known officially as Payward Inc., is planning on an initial public offering (IPO), or stock launch, in the first quarter of 2026. Bloom...

The U.S. Securities and Exchange Commission (SEC) has agreed to drop its lawsuit against the blockchain software firm Consensys, according to the company’s CEO, Joseph Lubin. Last year, the SEC filed a suit against Consensys over MetaMask, claiming that the popular cryptocurrency wallet acted as an ...

Coinbase has been freed from its protracted legal battle with the U.S. Securities and Exchange Commission as the agency agreed to drop the case that's been among the industry's core fights in federal court. Though the SEC's intention to agree to shut down the legal dispute had already gone public wh...

The U.S. Securities and Exchange Commission (SEC) is dropping a lawsuit against the top US-based crypto exchange, according to a new Coinbase blog post. Coinbase says the SEC has agreed “in principle” to dismiss its case with Commissioner approval. According to Coinbase, the suit being dropped shoul...

Staking should potentially be added to the menu for crypto exchange-traded funds (ETFs), a bipartisan group of U.S. senators argued in a letter to the Securities and Exchange Commission (SEC) on Thursday. Issuers of crypto ETFs had originally planned to include the staking feature in their fund offe...

The U.S. Securities and Exchange Commission will vote soon on a deal negotiated with Coinbase to entirely drop the agency's legal pursuit of the crypto exchange, according to the company's top lawyer . While the SEC has been making moves almost daily to reverse past positions on digital assets, the ...

Laura D’Allaird has been appointed chief of the U.S. Securities and Exchange Commission’s new crypto watchdog, said the SEC in a new announcement. The SEC says the new Cyber and Emerging Technologies Unit (CETU) will replace the old Crypto Assets and Cyber Unit. CETU says it will “combat misconduct”...

The U.S. Securities and Exchange Commission unit tasked with chasing bad guys in the crypto space will be smaller and called something significantly different , the agency said Thursday, further cementing its trend away from an aggressive enforcement stance against the industry. In three years, the ...

Already losing its legal fight with the crypto industry over a rule that would have expanded the definition of regulated securities dealers to include a wide array of digital assets operations, the U.S. Securities and Exchange Commission has given up its appeal . The SEC has been in reset mode on it...

An Alabama man has pled guilty to hacking the U.S. Securities and Exchange Commission’s (SEC) X account last year and faces up to five years in prison. In January 2024, Eric Council Jr., 25, conspired with others to commandeer the SEC’s X account and prematurely announce the approval of spot Bitcoin...