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Prospective SEC chair pressed on sale of FTX-tied firm


Lawmakers in the US Senate Banking Committee questioned prospective Securities and Exchange Commission (SEC) member Paul Atkins on his ties to the crypto industry and how he might regulate digital assets if confirmed.Questioning Atkins at his nomination hearing on March 27, Massachusetts Senator...

Hester Peirce calls for SEC rulemaking to ‘bake in’ crypto regulation


US Securities and Exchange Commission (SEC) member Hester Peirce offered a few suggestions for longer-lasting changes in crypto regulation between administrations with potentially different views.  Speaking at the DC Blockchain Summit on March 26, Peirce, who heads the SEC’s crypto...

XRP ETF ‘obvious’ as Polymarket bettors up approval odds to 85%


Crypto community members are growing more optimistic about an XRP exchange-traded fund (ETF) approval following the resolution of a multi-year legal battle between Ripple and the United States Securities and Exchange Commission (SEC). On March 19, Ripple CEO Brad Garlinghouse announced...

IMX surges 15% after Immutable says SEC ended probe


The token tied to the crypto gaming giant Immutable surged 15% in the hours after it announced that the US Securities and Exchange Commission closed its investigation into the firm and would take no further action.The Immutable (IMX) token rose around 15% on March 25 to reach just under $0.74...

SEC plans 4 more crypto roundtables on trading, custody, tokenization, DeFi


The US Securities and Exchange Commission will host four more crypto roundtables — focusing on crypto trading, custody, tokenization and decentralized finance (DeFi) — after hosting its first crypto roundtable on March 21.The series of roundtables, organized by the SEC’s Crypto...

Ripple Drops Cross-Appeal of SEC Case, Recovers $75M


The announcement comes just days after the SEC also walked away from its appeal of the verdict from the same lawsuit filed more than four years ago. $75M Win for Ripple as It Drops Cross-Appeal Against SEC In December 2020, the U.S. Securities and Exchange Commission (SEC) sued crypto firm Ripple...

Immutable Cleared as SEC Drops Crypto Token Investigation 


The U.S. Securities and Exchange Commission (SEC) dropped its investigation into Web3 gaming firm Immutable on Tuesday, declining to pursue charges related to its 2021 IMX token sales. This development mirrors a sequence of regulatory about-faces, specifically reflecting enforcement efforts...

SEC closes investigation into Immutable nearly 5 months after Wells notice


Web3 gaming platform Immutable says the US Securities and Exchange Commission has closed its investigation into the company, clearing it of any further action. Immutable — the firm behind the Ethereum layer-2 ImmutableX — said in a March 25 statement that the SEC shut its inquiry...

Prospective SEC chair discloses up to $327M assets with his wife


Former US Securities and Exchange Commission (SEC) member Paul Atkins disclosed combined employment assets of at least $327 million with his wife before a scheduled confirmation hearing with the US Senate Banking Committee.According to a financial disclosure report made public by the US Office...

Etoro Files for IPO With Tripled Revenue, 96% From Crypto Trading


Israeli trading platform Etoro has filed a prospectus with the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO) in New York, revealing that its revenue tripled in 2024, with 96% of that revenue coming from cryptocurrency trading. Etoro reported a revenue of $12.6...

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