SEC Ends Investigation into Crypto.com as Regulatory Climate Shifts
The SEC has concluded its seven-month probe into Crypto.com without taking enforcement action, marking a significant shift in crypto regulation under new leadership. This development comes amid broader policy changes and dropped investigations into other major crypto platforms.
SEC Acknowledges First Post-Ethereum Altcoin ETF: Canary Capital's Litecoin Filing
The SEC's formal acknowledgment of Canary Capital's Litecoin ETF application sets a 240-day review timeline, marking a significant milestone for altcoin ETFs. The development, which triggered a 12% LTC price surge, could serve as a benchmark for future altcoin ETF approvals.
Investment Giants Rush to File Crypto ETFs as SEC Leadership Changes
Major investment firms flood SEC with new cryptocurrency ETF proposals following Gary Gensler's departure as Chairman. CoinShares, Grayscale, and others seek to launch diverse crypto products amid anticipated regulatory shifts under new leadership.
SEC Chair Gensler's Final Stance: Bitcoin Stands Apart from 'Non-Compliant' Crypto Industry
In his final days as SEC Chairman, Gary Gensler maintains his hardline position on cryptocurrency regulation while specifically exempting Bitcoin from criticism. His departure marks a potential shift in SEC's regulatory approach, though industry challenges remain.
SEC Chair Gensler's Final Warning: XRP and Most Crypto Projects Face Uncertain Future
Outgoing SEC Chairman Gary Gensler delivers a sobering assessment of cryptocurrency projects, warning of high failure rates due to regulatory challenges and lack of fundamental value. His aggressive enforcement strategy targeting major players like Coinbase and Ripple could shift as leadership changes hands at the SEC.
Algorand Soars 20% as Technical Analysis Points to 150% Rally Potential
Algorand (ALGO) experiences a dramatic 20% surge amid bullish technical patterns and positive developments, including potential cross-chain partnerships. Analysts project further gains up to $1 by March 2025, supported by quantum-proofing capabilities and expected regulatory clarity.
SEC Imposes $123M Fine on Jump Crypto Unit for Terra UST Price Manipulation
The SEC charged Jump Crypto's subsidiary with manipulating TerraUSD's price during a 2021 de-pegging event, revealing undisclosed market intervention. The $123 million settlement highlights regulators' growing scrutiny of stablecoin markets and deceptive practices.
Trump Taps Crypto-Friendly Paul Atkins as SEC Chair Nominee
Former SEC Commissioner Paul Atkins, known for his pro-cryptocurrency stance, has been nominated by Trump to lead the SEC following Gensler's departure. The nomination aligns with Trump's crypto-positive campaign promises and could signal a major shift in regulatory approach.
XRP Surges 433% to Become Third-Largest Cryptocurrency Amid Regulatory Optimism
XRP's market cap reaches a seven-year high of $155.9 billion, fueled by potential RLUSD stablecoin approval and political developments. The cryptocurrency's dramatic rise from $0.51 to $2.72 positions it behind only Bitcoin and Ethereum in market dominance.
Former CFTC Chair Predicts SEC's Ripple Lawsuit Could End Under New Leadership
Former CFTC Chairman Christopher Giancarlo forecasts potential dismissal of SEC's landmark case against Ripple Labs as leadership change looms. The prediction comes amid speculation about the next SEC chair, with significant implications for crypto regulation.