Global #Sec

President Biden vetoed a House Joint Resolution aimed at repealing the Securities and Exchange Commission's (SEC) Staff Accounting Bulletin 121 (SAB 121), which directs financial institutions holding cryptocurrencies for customers to keep the assets on their balance sheets.

Ripple Labs is pushing back against the SEC's demands for hefty penalties in their legal dispute, arguing that both its current financial status and historical contracts should not play a role in determining penalties.

Recent speculation suggested that the Chicago Mercantile Exchange (CME) might be planning to introduce futures contracts for Solana.

A federal judge has mandated that the United States Securities and Exchange Commission (SEC) pay approximately $1.8 million in attorney and receivership fees associated with its civil case against Digital Licensing, known as Debt Box.

Arthur Cheong, the founder and CEO of DeFiance Capital, predicts that Ether's price could surge to $4,500 before the first spot Ether exchange-traded funds (ETFs) receive official approval.

James Murphy, the founder and chairman of Murphy & McGonigle, shared his expert analysis on how President Biden's recent crypto policy adjustments could impact the ongoing legal battle between Ripple Labs and the SEC.

Former US President Donald Trump has thrown his support behind cryptocurrencies, expressing enthusiasm for "all things related to this new and burgeoning industry."

Coinbase utilized ongoing political developments in the U.S. Congress to strengthen its interlocutory appeal against the SEC. In a court filing dated May 24, Coinbase contended that the SEC attempted to "bypass" the Howey test, a legal standard used to identify securities. The crypto sector and the SEC have long disputed the application of this test to digital assets.

Korean regulators are facing growing pressure to approve cryptocurrency exchange-traded funds (ETFs) following the recent approval of spot Ethereum ETFs by the United States Securities and Exchange Commission (SEC).

Uniswap's price surged over 20% in the last 24 hours, reaching $10.99, its highest point since early April. The bullish trend suggests that increased buying pressure might drive UNI towards the March high of $15.40.

In a significant ruling this year, the United States Securities and Exchange Commission (SEC) has approved the introduction of spot Ether exchange-traded funds (ETFs) in the country.

Montenegro recently hosted a meeting between its authorities and representatives from the US Securities and Exchange Commission (SEC) to address concerns regarding Do Kwon, the founder of Terraform Labs, responsible for the UST algorithmic stablecoin and crypto asset LUNA's fluctuations.