The SEC officially ended its lawsuit against Binance and its founder Changpeng Zhao, closing a major crypto enforcement case. On Thursday, both SEC and Binance lawyers filed a joint motion to dismiss the case in a Washington, D.C. federal court. This lawsuit, initially filed in June 2023, was among the last major actions targeting the … Binance Lawsuit Dismissed by US SEC
This week, the GENIUS Act was approved by the US Senate as another step towards creating a framework regulating stablecoins. US Senators had a 66-32 vote which advanced the GENIUS Act into the next stage of approval. The bipartisan vote passed cloture, allowing the bill to proceed to full Senate debate and possible amendments. Sen. … GENIUS Act Passed by US Senate
Coinbase has officially become the first cryptocurrency company included in the prestigious S&P 500 index. Announced on May 12, the move marks a key moment, showing rising Wall Street acceptance of crypto companies. The inclusion follows Coinbase’s strong financial performance and sustained market relevance since going public in 2021. With over 100 million users and … Coinbase Becomes First Crypto Company Included in S&P 500
The U.S. Securities and Exchange Commission (SEC) is actively crafting new rules for crypto securities, according to SEC Chair Paul Atkins. During a financial regulation conference on Monday, Atkins revealed that the agency aims to enhance clarity and security in digital asset markets. The move comes as crypto-related platforms, including crypto casinos, continue to grow … SEC Working on New Rules for Crypto Securities
A Strategic Bitcoin Reserve bill, Senate Bill 21 (SB 21), has been passed by local legislators in Texas. The Texas House Committee on Delivery of Government Efficiency approved Senate Bill 21 after a 9-4 vote. With this approval, SB 21 has cleared one of the obstacles leading to Governor Greg Abbott. Initially introduced by Republican … Strategic Bitcoin Reserve Bill Moves Forward in Texas
The Internal Revenue Service (IRS) has named Trish Turner as the new head of the Digital Assets division. This appointment comes after the exit of two key crypto-focused executives, Sulolit “Raj” Mukherjee and Seth Wilks, from the agency. Both Wilk and Mukherjee were brought into the Digital Assets division due to their expertise in crypto. … Trish Turner Appointed as Lead of IRS Digital Assets Division
According to reports, over 72 crypto ETFs are pending approval from the US Securities and Exchange Commission (SEC). Such ETFs include tokens like Ripple (XRP), Litecoin, Solana, Dogecoin, Pudgy Penguins, and even a 2x leveraged Melania token. This reflects the growing enthusiasm for integrating greater crypto exposure into traditional financial markets. In addition, issuers are … 72 Crypto ETFs Currently Awaiting SEC Approval
International traditional banks Standard Chartered and Deutsche Bank have plans to get back into the digital assets industry. According to reports, both banks are ramping up their US bitcoin activities to increase their footprint within the developing market. The renewed interest from traditional finance institutions comes about the US government doubling efforts to develop a … Standard Chartered, Deutsche Bank Plan Crypto US Comeback
The U.S. Securities and Exchange Commission (SEC) will host a roundtable on April 25, 2025, focusing on crypto custody. This event is part of the SEC’s “Spring Sprint Toward Crypto Clarity” series, which aims to address key areas in the regulation of crypto assets. The SEC roundtable, titled “Know Your Custodian: Key Considerations for Crypto … SEC Roundtable to Address Crypto Custody on April 25
Binance is reportedly planning a return to the U.S. crypto market, this time using a Trump-backed stablecoin as its entry point. The move could reshape the digital currency space and bring renewed energy to crypto casinos and decentralized finance. After a turbulent exit in 2023, Binance appears ready to re-enter the U.S. market with a … Binance Eyes Return to U.S. Market with Trump-Backed Stablecoin