• 27 July, 2024

Tag: SEC News

The Securities and Exchange Commission (SEC) is the Federal Government’s regulatory agency, responsible for overseeing the crypto industry’s compliance with its regulations. The agency was created by Congress in 1934 to regulate the securities market.

The SEC is destined to secure investors’ protection from frauds and scams, through convenient rules. The regulators also handle the registration of crypto companies, ensuring regulatory adherence. The SEC has been involved in lawsuits against industry leads such as Ripple, Binance, Coinbase, and Kraken. The crypto industry faced the severe crypto winter in 2022 following the SEC’s lawsuit against the once-prominent FTX, which later collapsed.

The Crypto regulatory landscape is constantly evolving with new rules and many major players are facing allegations for not compiling with those. It is the SEC acting as a guard to protect investors by applying the right laws. To know the latest movements of SEC that holds a significant impact, read from CryptoTale.

News
SEC Ends BUSD Investigation, Paxos Finds Relief After Year-Long Probe

SEC Ends BUSD Investigation, Paxos Finds Relief After Year-Long Probe

The U.S. Securities and Exchange Commission (SEC) has formally concluded its investigation into Paxos, the issuer of the Binance USD

News
Uniswap Labs Urges SEC to Reconsider DeFi Rulemaking Post-Supreme Court Ruling

Uniswap Labs Urges SEC to Reconsider DeFi Rulemaking Post-Supreme Court Ruling

Uniswap Labs has once again urged the U.S. Securities and Exchange Commission (SEC) to halt its proposal to regulate decentralized

Markets
21Shares Updates S-1 for Spot Ethereum ETF Amid SEC Timeline Compliance

21Shares Updates S-1 for Spot Ethereum ETF Amid SEC Timeline Compliance

The race to launch the first spot Ethereum ETF in the United States has gained significant momentum. As reported by

News
Messari Declares Independence from SEC, Citing Corruption and Ineffectiveness

Messari Declares Independence from SEC, Citing Corruption and Ineffectiveness

Messari, a leading provider of crypto market intelligence, has publicly declared its independence from the U.S. Securities and Exchange Commission

News
Ripple Fights Back: Rejects SEC’s Reduced Penalty, Challenges Crypto Regulation

Ripple Fights Back: Rejects SEC’s Reduced Penalty, Challenges Crypto Regulation

On July 2, 2024, Ripple Labs took a decisive step in its prolonged legal confrontation with the SEC by filing

News
Binance.US Braces for Extended Legal Battle with SEC: Report

Binance.US Braces for Extended Legal Battle with SEC: Report

Binance.US, the American subsidiary of the global cryptocurrency exchange Binance, is gearing up for a prolonged legal battle with the

News
Robinhood’s Dan Gallagher Touted as Potential SEC Chair Under Trump

Robinhood’s Dan Gallagher Touted as Potential SEC Chair Under Trump

According to a recent CNBC report, the crypto industry’s frustration with SEC Chair Gary Gensler’s regulatory agenda has taken on

News
SEC Delays Spot Ethereum ETF Launch to Mid-July, Extending Approval Process

SEC Delays Spot Ethereum ETF Launch to Mid-July, Extending Approval Process

The United States Securities and Exchange Commission (SEC) has delayed the launch of spot Ethereum ETFs, initially anticipated by market

News
Court Dismisses Claims of Secondary Market Sales of Binance Coin

Court Dismisses Claims of Secondary Market Sales of Binance Coin

Binance, one of the world’s largest cryptocurrency exchanges, is facing significant legal hurdles as it battles a lawsuit filed by

News
Ethereum ETFs on the Verge of SEC Approval: A New Chapter Begins July 4

Ethereum ETFs on the Verge of SEC Approval: A New Chapter Begins July 4

The U.S. Securities and Exchange Commission (SEC) is nearing a pivotal decision that could see Ether ETFs trading as soon

News
Ripple CEO Slams SEC Chair’s Bold Claims About Crypto Compliance

Ripple CEO Slams SEC Chair’s Bold Claims About Crypto Compliance

Gary Gensler, Chair of the Securities and Exchange Commission (SEC), has sparked controversy with his recent comments on the crypto

Features
How Is Cryptocurrency Shaping the 2024 US Elections?

How Is Cryptocurrency Shaping the 2024 US Elections?

Cryptocurrencies have increasingly found themselves at the intersection of technology, finance, and politics in the United States. With the 2024