SEC Settles in CryptoFX Case: Defendants Pay Over $68,000 Amid Ongoing Investigation
The SEC has initiated legal action against 17 individuals linked to CryptoFX LLC for running a ...
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.
SEC vs. Ripple: Deadline Looms, Crypto World Awaits Regulatory Ripple Effect
The SEC vs Ripple case is approaching a pivotal deadline, intensifying scrutiny on potential penalties against ...
SEC Abandons First Trust SkyBridge Bitcoin ETF, Analyst Sees Potential Late Entry
The SEC officially declared the First Trust SkyBridge Bitcoin ETF registration statement as abandoned due to ...
SEC Delays Decision on Bitcoin ETF Options Trading Until Late April
The SEC has postponed its decision on Bitcoin ETF options trading to April 24, impacting proposals ...
SEC Proposes Brief Extension in Ripple Case, Cites Need for Thorough Review
The SEC has requested an extension to the deadline for submitting briefs related to remedies in ...
Kraken Files Motion to Dismiss SEC Lawsuit, CEO Urges for Congress Intervention
Kraken filed a motion in court to dismiss the SEC’s lawsuit, claiming it was flawed. CEO ...
Coinbase Backs Grayscale’s Ether ETP Proposal in SEC Submission
Coinbase has submitted a 27-page letter to the SEC supporting Grayscale's Ether ETP proposal. The submission ...
Gary Gensler’s Bitcoin Debate Ignites CNBC Showdown as Crypto Market Booms
SEC Chair Gensler's Bitcoin (BTC) critique sparks fiery debate on CNBC, igniting controversy over the future ...
XRP Soars Amid Legal Breakthroughs and Settlement Speculation in Ripple-SEC Saga
Ripple's legal victories and the anticipation of a favorable SEC settlement notably increase XRP's market momentum, ...
Franklin Templeton Files for Spot Ethereum ETF Launch, Awaits Approval
Franklin Templeton files for the SEC’s approval of a Spot Ethereum ETF launch. The asset manager ...
How To Purchase Spot Bitcoin ETFs? Its Pros and Cons
From the beginning, traders were looking for a simple way to invest in Bitcoin as they ...
Ripple’s Q4 Report Reveals Surge in XRP Trading Volumes Amidst Market Optimism
Ripple's Q4 report shows XRP trading volumes surged to approximately $600 million daily, reflecting a 75-100% ...
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