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The SEC Wants to Put Its Case Against Binance on Hold — WSJ

The SEC Wants to Put Its Case Against Binance on Hold — WSJ

By Angus BerwickThe Securities and Exchange Commission asked a court to pause its case against Binance, underscoring a new approach to the crypto industry under the Trump administration.The SEC made the request in a joint motion filed late Monday with the crypto exchange. It proposed a 60-day stay w…

XRP One Step Closer to Wall Street, Here's How

XRP One Step Closer to Wall Street, Here's How

XRP depository receipts will soon be available for purchase by accredited investors, according to Fox Business.Accredited investors will have access to XRP depository receipts (DRs) through RDC and Digital Wealth Partners, Eleanor Terrett from Fox Business wrote on X.These financial instruments func…

Trump’s Social Media Company Takes Steps To Launch Bitcoin ETF

Trump’s Social Media Company Takes Steps To Launch Bitcoin ETF

U.S. President Donald Trump’s media company, Trump Media and Technology Group (TMTG), is making moves to launch exchange-traded funds (ETFs), including one tracking the price of bitcoin , according to an announcement on Thursday.The ETFs — three of them in total so far, alongside other planned produ…

Galaxy’s Novogratz calls Ethereum sentiment ‘unbelievably bearish’ as ETH price struggles to keep pace

Galaxy’s Novogratz calls Ethereum sentiment ‘unbelievably bearish’ as ETH price struggles to keep pace

Galaxy Digital founder and CEO Mike Novogratz may be long on Ethereum, but that didn’t stop him from calling it as he sees it as the token has failed to keep pace with other cryptocurrencies like bitcoin and Solana."Sentiment is unbelievably bearish," Novogratz said in an interview posted on Wednesd…

Here’s what happened in crypto today

Here’s what happened in crypto today

Today in crypto, BlackRock is launching a European Bitcoin ETF; Trump’s administration plans to regulate stablecoins — prioritizing USD-backed assets — and the SEC is downsizing its crypto unit while considering retroactive relief for token offerings.BlackRock to launch Bitcoin ETP in Europe — Repor…

How the SEC’s proposed token relief might impact crypto firms

How the SEC’s proposed token relief might impact crypto firms

Update (February 5, 2025 at 22:29:00 UTC): This article has been updated to add commentary from Consensys attorney Bill Hughes.The retroactive token and coin offering relief measures proposed by US Securities and Exchange Commission Commissioner Hester Peirce will likely benefit crypto firms and pro…

SEC is scaling back its crypto enforcement unit: Report

SEC is scaling back its crypto enforcement unit: Report

Update (Feb. 5 at 12:15 am UTC): This article has been updated to include further background information about recent changes at the SEC. The US Securities and Exchange Commission is reportedly starting to scale back its 50-staff crypto enforcement unit.Some of the lawyers in the crypto unit will be…

US Crypto Czar David Sacks calls bitcoin an ‘excellent store of value’: CNBC

US Crypto Czar David Sacks calls bitcoin an ‘excellent store of value’: CNBC

Donald Trump’s AI and crypto czar David Sacks said that bitcoin is an “excellent store of value,” during an interview with CNBC on Tuesday.“First, you got bitcoin. It was the first digital currency. It’s the original, it’s the strongest one,” said Sacks. “It’s been around for over a dozen years now.…

SEC acting chair onboards ex-Coin Center director to crypto task force

SEC acting chair onboards ex-Coin Center director to crypto task force

Landon Zinda has stepped down from his position as policy director of cryptocurrency advocacy organization Coin Center to join the US Securities and Exchange Commission’s Crypto Task Force.In a Feb. 4 notice, acting SEC Chair Mark Uyeda said Zinda had joined the commission as his counsel and a senio…

SEC Commissioner Hester Peirce Lays Out 10 Priorities for New Crypto Task Force

SEC Commissioner Hester Peirce Lays Out 10 Priorities for New Crypto Task Force

The U.S. Securities and Exchange Commission’s (SEC) newly-created Crypto Task Force is working to create long-awaited regulatory clarity for the crypto industry, according to a Tuesday statement from Commissioner Hester Peirce.Pierce, who was appointed by Acting Chair Mark Uyeda to spearhead the Cry…

Here’s what happened in crypto today

Here’s what happened in crypto today

Today in crypto, the US SEC is considering a review of digital assets' security status and possible retroactive relief for token offerings. Despite crypto markets rebounding after the US President Donald Trump put a pause on tariffs, some analysts have suggested BTC could still face a correction bel…

SEC is scaling back its crypto enforcement unit: Report

SEC is scaling back its crypto enforcement unit: Report

The US Securities and Exchange Commission is reportedly starting to scale back its 50-staff crypto enforcement unit.Some of the lawyers in the crypto unit will be assigned to other departments in the agency, The New York Times reported on Feb. 4, citing five people with knowledge of the matter, One …