Tag: SEC

Since the beginning of the year, investors have been closely following developments in the legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC). After nearly four years of litigation, the lack of resolution on a potential settlement is raising concerns in the market. According to Bill Morgan, a lawyer specializing in […]

The U.S. Securities and Exchange Commission (SEC) has extended its review period for several cryptocurrency exchange-traded funds (ETFs), affecting proposals for XRP, Solana, Litecoin, and Dogecoin investment products. In regulatory filings released on March 11, the SEC announced it needs additional time to evaluate proposed rule changes that would allow these cryptocurrency ETFs to begin […]

The NFT space saw two major developments this week—one signaling relief and the other raising concerns. The U.S. Securities and Exchange Commission (SEC) has dropped its investigation into OpenSea, marking a victory for the marketplace and the broader NFT sector. Meanwhile, Illuvium Labs has cut 40% of its workforce in an effort to speed up […]

The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have reactivated their joint advisory committee to create clearer cryptocurrency regulations. This move aims to strengthen oversight, enhance investor protection, and establish a transparent framework for the digital asset industry. Regulatory uncertainty has been a major challenge for the crypto market. […]

Ripple Chief Legal Officer, Stuart Alderoty, has called for clarity and consistency in how the U.S. Securities and Exchange Commission (SEC) approaches digital assets. In a December 31 post on X, Alderoty outlined key principles that highlight the limits of the SEC’s jurisdiction, emphasizing that its authority applies only to securities transactions—not to asset sales […]

The SEC has issued a Wells Notice to CyberKongz, an NFT gaming project, signaling a new regulatory crackdown on blockchain-based initiatives. In a statement shared on X (formerly Twitter), CyberKongz explained: “The SEC’s Division of Enforcement approached us with alarming claims that you cannot have a token (ERC-20) alongside a blockchain game without registering it […]