Breaking News: SEC – Market Insights, Analysis & Latest Updates

CONGRESS
SEC

Crypto Council for Innovation boosts its staking advocacy through new partnerships with the Proof of Stake Alliance, others

CCI said it plans to work with one of its members, the Proof of Stake Alliance, on “educating global policymakers on the critical role of staking.” U.S. regulators, including the SEC, have honed in on staking in recent enforcement actions.

theblock.co • 30/10/2024 - 11:00 AM

Paxos CEO urges Harris and Trump to create pro-crypto regulations ahead of US election

Paxos CEO Charles Cascarilla urges presidential candidates to create a favorable regulatory environment for digital assets, warning of risks if action is not taken.

theblock.co • 29/10/2024 - 18:30 PM

Crypto lobbying groups file court brief supporting lawsuit against SEC, seeks clarity over token airdrops

Crypto lobbying groups support a lawsuit against the SEC for clarity on token airdrops, arguing they don't violate securities laws, while criticizing the agency's regulatory practices.

theblock.co • 28/10/2024 - 23:01 PM

CRIME
SEC

Prosecutors expected to offer plea deal to alleged SEC hacker who falsely said Bitcoin ETFs were approved

U.S. prosecutors may offer a plea deal to Eric Council Jr., accused of hacking the SEC's social media account, resulting in a false bitcoin ETF announcement and market manipulation.

theblock.co • 25/10/2024 - 16:37 PM

LAWSUITS
SEC

Ripple contests prior ruling’s Howey test application on XRP institutional sales in appeal

Ripple Labs continues its legal battle with the SEC, challenging a ruling about XRP's classification as a security, while asserting clarity on its non-security status.

theblock.co • 25/10/2024 - 07:51 AM

US state regulators report a 'sharp rise' in tech and digital asset related investigations

In 2023, U.S. state regulators mainly investigated digital assets, social media fraud, and staking, with notable increases in related cases and focused regulatory actions.

theblock.co • 24/10/2024 - 19:24 PM

Ripple CEO Garlinghouse predicts crypto 'reset' after US election, criticizes Biden administration

Brad Garlinghouse of Ripple predicts a crypto reset regardless of the upcoming U.S. elections, highlighting candidates' differing support for the industry.

theblock.co • 23/10/2024 - 20:41 PM

Bitcoin volatility expected to increase after approval of options on ETFs, analysts say

Options on spot bitcoin ETFs, like IBIT, may boost volatility and attract institutional investors, according to analysts, while SEC limits aim to control market manipulation risks.

theblock.co • 22/10/2024 - 17:06 PM

SEC gives NYSE and Cboe the go-ahead to list options trading for multiple spot bitcoin ETFs

The SEC granted “accelerated approval” to allow for the trading and listing of options of multiple spot bitcoin ETFs. The agency first approved listing options on the iShares Bitcoin Trust on Nasdaq ISE, LLC in September.

theblock.co • 18/10/2024 - 20:59 PM

The Daily: DBS introduces tokenized banking services, BlackRock's Bitcoin ETF attracts $1 billion in less than a week and more

DBS, Singapore’s largest bank, has launched “DBS Token Services,” a new suite of blockchain-based products designed to enhance liquidity management and streamline operations for institutional clients. BlackRock’s spot Bitcoin ETF added another $309 million in net inflows on Thursday, contributing to more than $1 billion worth of positive inflows for its IBIT product this week alone. The SEC filed a “Civil Appeal Pre-Argument Statement” late Thursday, seeking to challenge the U.S. District Court for the Southern District of New York’s prior judgment in its ongoing case against Ripple. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 18/10/2024 - 18:16 PM

Currency