SEC

News

Ripple to Pay $50 Million Fine

Ripple and the US Securities and Exchange Commission (SEC) have reached an agreement that provides for the completion of a long-running legal battle between the company and the regulator.

News

Robinhood Says SEC Dismisses Crypto Unit Investigation

The United States Securities and Exchange Commission (SEC) is ending its investigation into the crypto unit of Robinhood, as the company announced on Monday, February 24.

News

SEC to Dismiss Case Against Coinbase, Close Opensea Investigation

The U.S. regulator SEC eased its stance on crypto-related institutions under the new administration, agreeing to dismiss the long-standing legal battle against Coinbase and drop the investigation of the Opensea NFT market.

Fintech & Ecommerce

Robinhood to Settle SEC Charges

The United States Securities and Exchange Commission (SEC) last Monday, January 13, reported that two broker-dealers of Robinhood, a financial services company, agreed to pay $45 billion in combined civil penalties to settle charges that they did not comply with a broad array of regulatory requirements.

Blockchain & Crypto

SEC Sues Touzi Capital for Misleading Investors

According to the SEC, Touzi Capital stated investor funds would finance crypto mining operations, but they were used for unrelated expenses instead.

Fintech & Ecommerce

Klarna Files Plans for American IPO

Swedish Klarna has filed its long-awaited plans to go public in the United States.

News

SEC Seeks to Sanction Elon Musk

The Securities and Exchange Commission (SEC) has asked a federal judge to sanction Elon Musk if the billionaire continues to violate a court order to testify about his acquisition of the social media platform Twitter, currently named X, in 2022.

News

SEC Targets NFT Market OpenSea

The United States Securities and Exchange Commission (SEC) has reportedly sent a Wells notice to the OpenSea marketplace, suggesting that non-fungible tokens (NFTs) are securities.

News

SEC Greenlights More Ethereum ETFs

The price of Ethereum has hardly shown any changes even though the United States Securities and Exchange Commission (SEC) has approved the accelerated launch of Ether exchange-traded funds (ETFs).

Blockchain & Crypto

Nigeria’s SEC Hikes Crypto Exchange Registration Fee to N150M

The regulator proposes to increase the registration fee for cryptocurrency exchanges in Nigeria fivefold – from 30 million naira ($18,620) to 150 million naira ($93,000).

Blockchain & Crypto

Kraken Aims to Dismiss SEC Suit to Avoid Dangerous Precedent

Kraken has filed to dismiss an SEC lawsuit that would grant the regulator “boundless authority over commerce and potentially open up the floodgates to private securities law claims,” in the crypto exchange’s opinion.

Society & Lifestyle

Elon Musk Must Testify in SEC’s Twitter Probe

A federal judge has ordered Elon Musk to testify as part of a probe by the United States Securities and Exchange Commission (SEC) into the $44 billion takeover of Twitter.

News

Morgan Stanley to Pay $249.4 Million to Settle Block Trading Probe

Morgan Stanley has agreed to pay $249.4 million in financial liability for making false statements about block trading practices.

Blockchain & Crypto

SEC Officially Approves Spot Bitcoin ETF

After months of application revisions, bilateral meetings and media speculations, the first Spot Bitcoin ETF in the U.S. is finally approved by the SEC. Here’s how the landmark approval relates to public expectations.

Blockchain & Crypto

Grayscale Refiles Spot Bitcoin ETF Application

Grayscale submitted an amended S-3 filing that includes a cash-only creation model with the U.S. securities regulator.

Blockchain & Crypto

Spot Bitcoin ETF Updates Deadline Set on Dec. 29

The SEC has announced a Dec. 29 update deadline for potential spot Bitcoin ETF providers that wish to receive their approvals in early January.