The SEC has clarified that meme coins are not considered securities under federal law, likening them to collectibles rather than financial instruments. This means transactions involving meme coins do not require SEC registration, although fraudulent activities may still be subject to enforcement actions. The updated stance marks a shift from previous regulatory approaches, reflecting the SEC’s evolving perspective on cryptocurrency.
about SEC Declares Meme Coins Are Not Securities Under Federal LawUyeda
0 posts last weekSEC Dismisses Lawsuit Against Coinbase Signaling Shift in Crypto Regulation
The U.S. Securities and Exchange Commission (SEC) has dismissed its lawsuit against Coinbase, signaling a shift in its regulatory approach following a leadership change. This dismissal, part of a broader trend, also includes lawsuits against other crypto firms like Consensys and Robinhood, as the SEC aims for a more transparent policy on cryptocurrency. The agency’s acting chair emphasized the need to rectify its approach, moving away from regulation by enforcement.
about SEC Dismisses Lawsuit Against Coinbase Signaling Shift in Crypto RegulationSEC Dismisses Coinbase Case and Shifts Focus to Crypto Regulation
The SEC has dismissed its civil enforcement action against Coinbase, marking the end of a legal battle that began in 2023. Acting Chairman Mark T. Uyeda emphasized the need for a more transparent regulatory approach for crypto assets, aligning with the agency’s broader reform efforts through the newly established Crypto Task Force. Critics argue this decision could favor the crypto industry at the expense of investor protection and financial stability.
about SEC Dismisses Coinbase Case and Shifts Focus to Crypto RegulationSEC launches cryptocurrency task force to clarify regulatory framework
On January 21, 2025, the SEC launched a cryptocurrency task force led by Commissioner Hester Peirce to create a clear regulatory framework for digital assets. The task force aims to clarify federal securities laws’ application to cryptocurrencies, addressing ongoing uncertainties highlighted by recent court rulings and industry concerns, particularly from Coinbase regarding compliance challenges. This initiative marks a shift from enforcement-based policy to a structured regulatory approach.
about SEC launches cryptocurrency task force to clarify regulatory frameworkSEC Pauses Crypto Appeals Amid Leadership Changes and New Task Force
Ethereum has become the top-traded asset on Coinbase as the SEC appears to be pausing its appeal in the Ripple case, with expectations of a broader halt in crypto-related appeals. This shift follows the establishment of a new crypto task force aimed at clarifying industry regulations under the SEC’s new leadership.
about SEC Pauses Crypto Appeals Amid Leadership Changes and New Task ForceNYSE Requests SEC Approval for Ethereum Staking in Grayscale ETF
The NYSE has filed with the SEC to allow staking in Grayscale’s Ethereum ETFs, joining other exchanges in seeking similar approvals. While the ETFs could generate additional rewards from Ethereum holdings, Grayscale has clarified that it will not guarantee fixed returns from staking activities. 21Shares recently led the way in proposing staking for its spot Ether ETF, following regulatory requirements that previously excluded staking rewards before the approval of such ETFs in July 2024.
about NYSE Requests SEC Approval for Ethereum Staking in Grayscale ETFGrayscale Files to Convert XRP Trust into First US ETF
Grayscale Investments has filed to convert its $16.1 million XRP trust into an exchange-traded fund (ETF), potentially simplifying XRP investment for everyday investors. This move comes amid a shift in crypto regulation, with new leadership at the SEC signaling a more crypto-friendly approach. If approved, it would be the first regulated XRP fund in U.S. markets, joining a growing trend of asset managers seeking ETF approvals for various cryptocurrencies.
about Grayscale Files to Convert XRP Trust into First US ETFGemini Boycotts MIT Graduates Over Gary Gensler’s Return to Teaching
Gemini has announced it will not hire graduates from MIT as long as Gary Gensler, former SEC chair known for his aggressive regulation of the crypto industry, remains a professor there. This decision follows conflicts between Gemini and the SEC, including a $21 million settlement over unregistered securities. The boycott has sparked mixed reactions within the crypto community, with some supporting the stance while others argue it unfairly punishes students.
about Gemini Boycotts MIT Graduates Over Gary Gensler's Return to TeachingCboe BZX Resubmits Solana ETF Applications for SEC Review
Cboe BZX Exchange has resubmitted applications for spot Solana ETFs from Bitwise, VanEck, 21Shares, and Canary Capital after previous rejections by the SEC. This move positions Solana as a potential third cryptocurrency for a spot ETF listing in the U.S., following Bitcoin and Ethereum.Financial analysts predict that a spot Solana ETF could attract $3 billion to $6 billion in net assets in its first year. The SEC is also reviewing applications for spot XRP, Litecoin, and Dogecoin ETFs, with a focus on evolving regulations under the leadership of Commissioner Hester Peirce.
about Cboe BZX Resubmits Solana ETF Applications for SEC ReviewSolana ETF Applications Resubmitted as Nuvve Invests in Bitcoin
Cboe BZX has refiled applications for Solana-based spot ETFs from multiple asset managers, reigniting hopes for approval from the SEC. This marks the second attempt after a previous rejection, with analysts optimistic about the new regulatory environment under the Trump administration.In a related move, Nuvve plans to invest up to 30% of its excess cash in Bitcoin to diversify its treasury and will also accept BTC as payment, aligning with its mission to promote grid electrification.
about Solana ETF Applications Resubmitted as Nuvve Invests in BitcoinCboe BZX Resubmits Filings for Spot Solana ETFs Amid SEC Review
Cboe BZX Exchange has refiled for spot Solana ETFs on behalf of four asset managers, including Bitwise and 21Shares, after previous applications were rejected by the SEC. This move restarts the review process under the new acting chair, Mark Uyeda, and positions Solana to potentially become the third cryptocurrency available through a spot ETF in the US.Analysts predict that an approved spot Solana ETF could attract between $3 billion and $6 billion in net assets in its first year. The SEC has also revoked prior crypto-related actions from the previous administration, signaling a more favorable environment for digital asset products.
about Cboe BZX Resubmits Filings for Spot Solana ETFs Amid SEC ReviewBinance CEO Predicts Bitcoin All-Time High in 2025 Amid Regulatory Changes
Binance CEO Richard Teng predicts that bitcoin will reach a new all-time high in 2025, driven by regulatory changes under President Trump. He highlights the administration’s focus on digital finance innovation and the formation of a task force by the SEC to clarify crypto regulations.Teng notes a growing pro-crypto sentiment among U.S. lawmakers and mentions Trump’s pledge for a U.S. strategic bitcoin reserve, suggesting these developments will provide the industry with the certainty needed for sustainable growth.
about Binance CEO Predicts Bitcoin All-Time High in 2025 Amid Regulatory Changes