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SEC, Ripple Close $50M Deal, Ending XRP Legal Battle In a pivotal development for the digital asset industry, the U.S. Securities and Exchange Commission (SEC) and Ripple Labs have reached a $50 million settlement, formally ending a years-long legal confrontation that has shaped regulatory discourse around cryptocurrencies. The long-running SEC vs. Ripple dispute has been resolved. To indicate their mutual decision to end the well-known lawsuit, both parties filed a joint filing with the U.S... SEC, Ripple Close $50M Deal, Ending XRP Legal Battle

SEC's Crypto Enforcement Shift: Relief for OpenSea and Industry The U.S. Securities and Exchange Commission (SEC) has recently reversed its aggressive stance on cryptocurrency enforcement, notably withdrawing its investigation into OpenSea, the leading non-fungible token (NFT) marketplace. This move reflects a broader regulatory shift under the new administration, aiming for clearer guidelines and reduced litigation in the crypto sector. In August 2024, OpenSea disclosed receiving a Wells Notice from the ... SEC's Crypto Enforcement Shift: Relief for OpenSea and Industry Coinatory

SEC Chair Atkins Cites 'Huge Benefits' for Crypto at Third Agency Roundtable In one of his first public engagements since assuming leadership of the U.S. Securities and Exchange Commission (SEC), Chair Paul Atkins emphasized the transformative potential of blockchain technology during the agency’s third cryptocurrency roundtable. Sworn in on April 21, Atkins addressed participants at the "Know Your Custodian" event on April 25, signaling a pivotal shift in the SEC’s approach to digital asset regulation. Atkins articul... cryptocurrency news today

Crypto Leaders Eye SEC Shift Under New Chair Paul Atkins The appointment of Paul Atkins as Chair of the U.S. Securities and Exchange Commission has triggered a wave of optimism across the cryptocurrency industry, signaling a potential departure from the agency’s previously adversarial regulatory approach. Sworn in on April 21, Atkins—a former SEC commissioner known for his deregulatory philosophy—succeeds Gary Gensler, whose tenure was marked by aggressive enforcement actions against the digital asset... Coinatory news

SEC Crypto Custody Roundtable Set to Tackle Key Gaps The U.S. Securities and Exchange Commission (SEC) will convene its second crypto policy roundtable on Friday, with a concentrated focus on the evolving landscape of crypto asset custody and related regulatory shortfalls. This session marks the latest installment in a four-part series spearheaded by the SEC’s Crypto Task Force, established to solicit expert input and chart a cohesive policy direction for digital asset oversight. Newly app... Coinatory crypto news

Michael Saylor: SEC Chair Atkins Will Benefit Bitcoin The selection of Paul Atkins as the Chair of the U.S. Securities and Exchange Commission has been praised by Michael Saylor, Executive Chairman of the business intelligence firm Strategy (previously MicroStrategy), who described the action as advantageous for Bitcoin. In an April 23 social media post, Saylor stated that “SEC Chairman Paul Atkins will be good for Bitcoin,” signaling optimism from one of the corporate sector’s most prominent cryp... crypto news

Paul Atkins Sworn In as SEC Chair, Signaling Potential Crypto Policy Shift Paul Atkins has officially been sworn in as the 34th Chair of the U.S. Securities and Exchange Commission (SEC), ushering in expectations of a more crypto-friendly regulatory environment. The announcement, made on April 21, follows the U.S. Senate's 52–44 vote confirming Atkins’ appointment on April 9. Atkins, who previously served as an SEC commissioner from 2002 to 2008, expressed gratitude for the opportunity to lead the Commission du... cryptonews today

US Court Halts 18-State Lawsuit Against SEC Amid Leadership Shift A U.S. federal court has ordered a temporary pause in the lawsuit filed by 18 Republican state attorneys general and the crypto lobby group DeFi Education Fund against the Securities and Exchange Commission (SEC), citing potential changes under new leadership. On April 16, Kentucky District Court Judge Gregory Van Tatenhove granted a 60-day stay, referencing the SEC's March statement that the ongoing case could be rendered moot following a le... cryptocurrency news Coinatory

XRP Surges Ahead in Race for Spot Crypto ETF Approval XRP has emerged as the frontrunner in the race for the next U.S. spot cryptocurrency ETF approval, according to a recent analysis by Kaiko. With ten active ETF filings, XRP currently surpasses Solana (SOL), which has five filings, while Litecoin (LTC) and Dogecoin (DOGE) follow with three each. Liquidity Positions XRP as a Top Candidate One of XRP’s strongest advantages lies in its high market liquidity. It boasts the highest 1% market dep... XRP Surges Ahead in Race for Spot Crypto ETF Approval

OpenSea Urges SEC to Exclude NFT Marketplaces from Oversight The top non-fungible token (NFT) marketplace, OpenSea, has formally asked the SEC to elaborate on the fact that NFT markets are exempt from federal securities regulations. Adele Faure, the general counsel for OpenSea, and Laura Brookover, the deputy general counsel, wrote to Commissioner Hester Peirce, the head of the SEC's Crypto Task Force, on April 9th, urging the agency to provide informal guidance that would exempt platforms such as OpenSea... cryptonews today

SEC Clarifies Covered Stablecoins Are Not Securities The U.S. Securities and Exchange Commission (SEC) has announced that certain types of stablecoins, known as "Covered Stablecoins," are not subject to federal securities regulations. This decision is expected to have a substantial effect on the regulatory environment around digital assets. The SEC's Division of Corporation Finance made the announcement, which highlights the agency's ongoing attempts to clarify how federal securities rules appl... Coinatory cryptonews

Gemini Opens Miami Office and Prepares for IPO Cryptocurrency exchange Gemini, founded by Cameron and Tyler Winklevoss, has signed a lease for office space in Miami’s Wynwood Art District. The firm is expected to occupy nearly 9,000 square feet on the third floor of a newly developed building, with employees scheduled to move in by May. This expansion strengthens Gemini’s U.S. presence, adding to its established offices in New York and Europe. Wynwood has emerged as a hotspot for tech and... cryptonews

Superstate Registers Blockchain Transfer Agent with SEC The U.S. Securities and Exchange Commission (SEC) has officially registered Superstate Services LLC, a blockchain-powered transfer agent, with Superstate, a prominent on-chain asset management company. The company's attempts to improve the integration of tokenized securities within the conventional financial ecosystem have taken a major stride with this move. The recently registered digital transfer agent supports Superstate's objective of us... Superstate Registers Blockchain Transfer Agent with SEC

CFTC and SEC Strengthen Talks on Crypto Regulation According to CFTC Acting Chair Caroline Pham, the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are strengthening their interagency cooperation on the regulation of digital assets. According to Pham, staff-level talks have started up again, with the goal of improving cooperation between the two agencies on digital assets and other regulatory issues. Pham's comments on X were brought to light... Coinatory crypto news

SEC Halts Uniswap Labs Investigation Amid Regulatory Shift The U.S. Securities and Exchange Commission (SEC) has ceased its investigation into Uniswap Labs, the developer behind Ethereum's leading decentralized exchange, as part of a broader shift in regulatory approach under President Trump. The SEC's newly established Crypto Task Force has also halted enforcement actions against other prominent cryptocurrency and decentralized finance (DeFi) entities, including Coinbase, OpenSea, and Robinhood. Pre... Coinatory

Coinbase Poised for ‘Major Win’ as SEC Nears Lawsuit Dismissal Analysts at H.C. Wainwright & Co. characterize Coinbase's (NASDAQ: COIN) February 21 announcement that the U.S. Securities and Exchange Commission (SEC) is likely to drop its lawsuit against the cryptocurrency exchange as a "major win" for the company and the larger cryptocurrency market. According to a report by analyst Mike Colonnese, Coinbase's management expects a resolution as early as next week, even if the SEC commissioners' final ... cryptonews

FBI, SEC Lead U.S. Agencies in Kraken Data Requests for 2024 According to Kraken's most recent transparency report, the San Francisco-based cryptocurrency exchange saw a 39% increase in regulatory and enforcement data requests in 2024, with U.S. agencies—specifically the Securities and Exchange Commission (SEC) and the Federal Bureau of Investigation (FBI)—among the top requesters. 6,826 Data Requests, Mostly from US Authorities, Are Handled by Kraken According to Kraken's transparency report, which wa... cryptocurrency news today

Hacker in SEC X Account Breach Faces $50K Fine in Plea Deal Eric Council Jr. has entered a guilty plea to the charges against him for allegedly helping to breach the U.S. Securities and Exchange Commission's (SEC) X (previously Twitter) account. According to Bloomberg, Council might forfeit $50,000 as part of his guilty agreement. On February 9, 2025, federal prosecutors filed the requested forfeiture in the U.S. District Court for the District of Columbia. Following the misleading post that falsely s... Coinatory cryptonews

SEC Tightens Oversight on Investigations Under New Leadership The U.S. Securities and Exchange Commission (SEC) now requires its enforcement staff to obtain high-level approval before initiating formal investigations, according to sources cited by Reuters. This policy shift, implemented under the SEC’s new leadership, mandates that politically appointed commissioners must authorize subpoenas, document requests, and testimony compulsion—marking a significant departure from prior procedures. SEC Over... cryptonews

Ripple Lawsuit Still Listed on SEC Website Despite Rumors The dispute may be coming to a close, according to social media speculation that the U.S. Securities and Exchange Commission (SEC) had taken Ripple's civil action off from its website. Experts have verified that the case is still available online, but under altered headings on the SEC's website. When social media users noticed that Ripple's case was no longer included in the SEC's website's "Litigation Releases" section, the debate started. L... Coinatory