Tag Archives: sec

On April 12, Coinbase’s legal counsel filed a brief asking the court’s permission to seek an interlocutory appeal in its case. The controlling question was whether an “investment contract” requires something contractual. Coinbase believes it does, whereas the SEC disagrees. An interlocutory appeal occurs when a ruling by a trial court is appealed while other aspects of the case are still proceeding. Coinbase Fights Back Coinbase chief legal officer Paul Grewal said that the...

U.S. regulators will likely reject Ethereum (ETH) spot ETFs – and crypto won’t put up much of a legal fight for it, according to Bloomberg ETF analyst Eric Balchunas. The analyst’s latest take is a discouraging sign for Ethereum bulls and stands in stark contrast to his former optimism about Bitcoin spot ETFs preceding their January approval. Are Ethereum ETFs Worth Fighting For? In a Wednesday tweet, Balchunas addressed a common theory that the crypto industry will sue the...

The U.S. Securities and Exchange Commission (SEC) is cracking down on another corner of the crypto industry, this time targeting one of the biggest players in decentralized finance (DeFi). On Wednesday, the regulator issued a Wells Notice against Uniswap Labs, the company behind the world’s largest decentralized exchange (DEX). Uniswap To Be Sued By SEC Uniswap Labs publicly confirmed the news in a press release on Wednesday, and assured followers that the team is “ready to...

CoinspeakerSEC Unlikely to Approve Ether ETF Applications, VanEck CEO Anticipates Rejection Despite­ approving spot Bitcoin ETFs in January, the SEC approaches Ethe­r cautiously. SEC Unlikely to Approve Ether ETF Applications, VanEck CEO Anticipates Rejection

CoinspeakerCoinbase Chief Legal Officer Calls on Congress to Pass Stablecoin Legislation Despite delays from the SEC, US lawmakers have introduced two proposed bills aimed at regulating stablecoin issuers and the entire crypto market. Coinbase Chief Legal Officer Calls on Congress to Pass Stablecoin Legislation

CoinspeakerCrypto Trader Accused of $110M Theft Faces US Criminal Trial The legal battle extends beyond the courtroom.  The SEC, CFTC, and Mango Labs LLC have all filed civil suits against Eisenberg, further complicating the situation. Crypto Trader Accused of $110M Theft Faces US Criminal Trial

CoinspeakerPhilippines SEC Moves on eToro, Says Platform Offers Unregistered Securities Despite eToro's giant status and popularity, the Philippine finance regulator would not allow unregulated crypto business. Philippines SEC Moves on eToro, Says Platform Offers Unregistered Securities

TL;DR The long-standing lawsuit between Ripple and the SEC is set to enter a critical phase with the start of the grand trial at the end of April. The company has gained momentum due to partial victories secured in 2023. The lawsuit between Ripple and the US Securities and Exchange Commission (SEC), which has been ongoing for over three years, will witness several key developments this month. Perhaps the most important one is the start of the grand trial, scheduled for April...

United States House Financial Services Committee and House Agriculture Committee members have expressed notable concerns regarding the Securities and Exchange Commission’s (SEC) approach to managing Ethereum (ETH). The focus of their apprehension centers on crypto firm Prometheum’s plans to offer institutional custody services for ETH, which has sparked several demands for clarity and action from regulatory authorities. Regulatory Ambiguity In a letter addressed to SEC Chair...

CoinspeakerUS Court Rules Coinbase Must Face SEC’s Lawsuit Despite rejecting most of Coinbase's attempts to dismiss the entire case, the judge found the SEC's arguments insufficient in proving that the company functions as a 'broker' by providing Wallet to customers.  US Court Rules Coinbase Must Face SEC’s Lawsuit