Crypto stakeholders slammed a controversial provision in the CLARITY Act hours before a House markup. The section under dispute seems to reflect previous SEC administration’s policies, which created concerns about classification of tokens. Industry leaders claim the measure conflicts the Act’s main goal of clear digital asset regulation. Stakeholders Criticize Gensler-era clause in Clarity Act […]
Paul Atkins
SEC Delays Decision on Grayscale’s Spot Solana and Litecoin ETFs
The U.S Securities and Exchange Commission (SEC) has postponed its decision about the Grayscale Solana (SOL) and Litecoin (LTC) ETF proposals. The SEC said it requires more time to review the ETFs to ensure investors are protected and transparency in the market. These decisions have disrupted Grayscale’s plan to list spot cryptocurrency ETFs on the […]
SEC’s New Crypto Vision: Paul Atkins Vows to Position U.S. as Global Crypto Hub
SEC Chair Paul Atkins has outlined plans to make the United States the crypto capital of the world. At the SEC’s crypto roundtable, Atkins explained his vision to create a clear and transparent regulatory framework. This approach marks a shift from the SEC’s previous stance and promises clear rules for digital asset issuance, custody, and […]
SEC Delays Critical Decision on Canary Capital’s Litecoin ETF Proposal
The U.S. Securities and Exchange Commission (SEC) has postponed their review of Canary Capital’s proposal to launch a Litecoin (LTC) exchange-traded fund (ETF). The SEC has established deadlines for public feedback and rebuttals on the regulatory compliance of the proposal. The SEC invites public comments until May 26th and requires rebuttals to be submitted by […]
Ondo Finance and SEC Discuss Tokenized U.S. Securities Compliance
The U.S Securities and Exchange Commission(SEC) met Ondo Finance representatives on April 24 to evaluate compliance procedures for tokenized U.S. securities. The attendees discussed how the decentralized finance (DeFi) platform could legally issue tokenized U.S. Treasuries as well as other publicly-traded assets. The dialogue is part of continuous initiatives to unite decentralized finance with traditional […]
Paul Atkins Takes Over SEC—Is Crypto Regulation About to Change?
Paul Atkins stepped into the SEC Chair position, where he concentrated on digital assets. Bitcoin and the entire crypto market became the main focus of his regulatory vision as he took office. The SEC demonstrates its intensified dedication to innovation through new efforts to protect market stability and investors. Bitcoin Regulation Takes Center Stage Under […]
Coinbase Hit by Oregon Lawsuit as Hopeful SEC Chair Takes Over
As Coinbase faces new legal woes from Oregon, hopes rise for a more balanced stance as Paul Atkins steps into the SEC as the new chair. Atkins was also linked to the Reserve Protocol, a stablecoin firm, as an early backer during its 2019 launch. Following the appointment, Reserve Rights (RSR) has seen renewed attention, […]
Acting SEC Chair Calls For Urgent Temporary Crypto Regulations
Mark Uyeda, the acting chair of the U.S. Securities and Exchange Commission (SEC), has urged for temporary crypto regulations to advance innovation in the U.S. Uyeda made these statements at the SEC’s “Between a Block and a Hard Place: Tailoring Regulation for Crypto Trading” roundtable on April 11. Uyeda proposed a fast-tracked, short-term regulatory framework […]
SEC Appoints Paul Atkins as Chair Signaling Shift in Crypto Policy
The U.S. Senate confirmed Paul Atkins as the new chair of the Securities and Exchange Commission (SEC), ushering in a new era of deregulatory policy and crypto-friendly oversight at one of Wall Street’s most powerful regulators. Atkins, a longtime advocate for limited government intervention in financial markets, is expected to steer the SEC away from […]
Musk’s DOGE Team Gains Exclusive Access to SEC for Efficiency Measures
Elon Musk’s Department of Government Efficiency (DOGE) has reportedly gained access to the U.S. Securities and Exchange Commission (SEC). Musk leads the team which is responsible for the implementation of the government cost-saving initiatives. The SEC revealed they would team up with DOGE but did not outline the exact scope or purpose of their collaboration. […]