GeneralBeginnerThree senior JPMorgan executives—Scott Lucas, Justin Cohen, and Aaron Iovine—held a roundtable with the SEC’s Crypto Task Force to explore how traditional capital-market instruments might transition onto public blockchains. Their conversation touched on which segments of the current infrastructure…
#banks#jpmorgan#sec
GeneralBeginnerU.S. crypto policy, SEC Chair Paul Atkins has announced plans to explore a new “innovation exemption” for blockchain-based projects. During a recent roundtable on decentralized finance, he revealed instructions to staff to draft a conditional exemption framework that could let developers and firms…
#crypto#sec#united-states
BitcoinBeginnerU.S. Securities and Exchange Commission (SEC) Chair Paul Atkins has announced a shift in the agency’s approach to cryptocurrency regulation. In a recent Senate subcommittee meeting, Atkins emphasized that the SEC would move away from “regulation by enforcement” and instead adopt a “notice and…
#crypto#grayscale#sec
GeneralBeginnerThe US Securities and Exchange Commission (SEC) recently clarified that federal securities rules are unlikely to apply to many non-fungible tokens (NFTs), including those that pay royalties to inventors. In a recent speech, Peirce said that just because an NFT includes a feature allowing artists…
#law#nfts#sec
XRP LedgerBeginnerThe U.S. Securities and Exchange Commission (SEC) has once again postponed decisions on key cryptocurrency exchange-traded funds (ETFs), including Bitwise’s proposal to incorporate staking into its Ether ETF and Grayscale’s application for an XRP ETF. Announced on May 20, these delays were…
#crypto#etfs#sec
GeneralBeginnerThe U.S. Securities and Exchange Commission (SEC) has accused crypto platform Unicoin and three of its top executives of misleading investors and raising $100 million through false claims. In a statement released on May 20, the SEC announced charges against Unicoin CEO Alex Konanykhin, board…
#law#sec#united-states
SolanaBeginnerThe U.S. Securities and Exchange Commission (SEC) has postponed its decision on a proposed spot Solana ETF, leaving the crypto industry waiting for clarity on similar filings tied to Polkadot and XRP, which are expected to face key deadlines in June. According to a filing dated May 13, the SEC has…
#altcoin#crypto#defi
ZKsyncBeginnerThe X account of Ethereum’s layer 2 network, ZKsync, and its developer, Matter Labs, was compromised on May 13, with hackers spreading misinformation. They falsely claimed that the network was under investigation by US authorities, among other misleading messages. The hacked ZKsync-related X…
#hackers#sec#tokens
GeneralBeginnerThe U.S. Securities and Exchange Commission (SEC) is contemplating easing regulations for companies issuing tokenized securities. SEC Commissioner Hester Peirce indicated on May 8 that the agency is considering issuing an exemptive order. This would allow firms utilizing blockchain technology to…
#altcoin#defi#sec
NEARBeginnerBitwise Asset Management has taken a significant step toward launching a spot Near (NEAR) exchange-traded fund (ETF) by filing an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC). This move adds NEAR to a growing list of altcoins vying for regulatory approval in…
#ai#assets#etfs
GeneralBeginnerNearly 30 U.S. Crypto advocacy groups, led by the Crypto Council for Innovation’s Proof of Stake Alliance (POSA) group, argued on April 30 that, have asked the Securities and Exchange Commission (SEC) for clear regulatory guidelines on crypto staking. They assert that staking—a process where users…
#crypto#defi#sec