Global #Sec

​In a significant development for the cryptocurrency industry, the US Securities and Exchange Commission (SEC) has revised its lawsuit against Binance, the world’s leading crypto exchange.

The United States Securities and Exchange Commission (SEC) has reportedly given "preliminary approval" to at least three asset managers for their spot Ether (ETH) exchange-traded funds (ETFs), potentially paving the way for these investment vehicles to begin trading as early as next Tuesday.

Bankrupt Terraform Labs and its disgraced founder, Do Kwon, have reached a landmark $4.47 billion settlement with the U.S. Securities and Exchange Commission (SEC) following a jury verdict finding them liable for defrauding cryptocurrency investors in the infamous collapse of TerraUSD (UST) and LUNA.

In a recent Kitco News interview, James Seyffart, a Bloomberg Intelligence ETF Research Analyst, discussed the prospects of a Solana spot ETF in light of the recent approvals for Bitcoin and Ethereum spot ETFs. Seyffart expressed doubts about the likelihood of Solana receiving similar approval soon.

The American Securities Association (ASA), representing regional financial services firms, has taken legal action against the Securities and Exchange Commission (SEC) for allegedly failing to comply with the Freedom of Information Act (FOIA).

Over the last month, Ethereum has seen a robust 20% increase, largely attributed to the approval of eight spot-based ETF applications, a significant driving force behind this surge.

The SEC's Salt Lake City office is scheduled to close. The office gained notoriety in the cryptocurrency industry for its unsuccessful lawsuit against DEBT Box.

The Securities and Exchange Commission (SEC) of Thailand has approved One Asset Management (ONEAM) as the pioneer firm to introduce a spot Bitcoin exchange-traded fund (ETF) in the nation.

The Nigerian government's handling of cryptocurrency is generating confusion and discontent among investors. The Senate Committee on Capital Markets in Nigeria has advocated for cryptocurrency regulation to safeguard investors and bolster the domestic economy.

The surge in cryptocurrency popularity is accompanied by a growing concern over scams, prompting a warning from the U.S. Securities and Exchange Commission (SEC). The SEC is cautioning investors to remain vigilant as cryptocurrency-related fraud cases increase

The debut of spot Bitcoin ETFs in January 2024 marked a significant turning point for the cryptocurrency market, according to experts like Lynn Martin, president of the New York Stock Exchange Group. These exchange-traded funds are being hailed for their role in boosting liquidity and driving wider acceptance of cryptocurrencies among the general public.

Ark Investment Management, under the leadership of Cathie Wood, has chosen to withdraw from the race to introduce a spot-Ether exchange-traded fund (ETF) in partnership with 21Shares.