Robinhood CEO on SEC Tokenization Shift
@RobinhoodApp CEO Vlad Tenev advocates for updated SEC investor rules to accommodate tokenization, emphasizing the need for regulatory clarity to foster innovation in financial markets. #Update #Legal (+3) →
Regulatory & Legal
Includes news and discussions about regulatory measures, legal challenges, and the legal environment affecting cryptocurrencies.
Regulatory Sandboxes Transform Compliance Landscape
The U.S. is moving towards clearer crypto regulations with a proposed “Sustainable Sandbox” by new acting CFTC Chair Caroline Pham, aiming to balance innovation and accountability in the digital assets industry. #Update #Legal (+6) ↗
Crypto.com Delists USDT for MiCA Compliance
@cryptocom delists $USDT and nine other tokens to comply with MiCA regulations, offering users until March 31 to withdraw assets before automatic conversion. The move follows regulatory approval from the Malta Financial Services Authority. #Update #Legal $USDT (-4) ↘
Legal Battle: Paradigm, EFF Support Storm
@Paradigm and the Electronic Frontier Foundation support Tornado Cash co-founder Roman Storm against U.S. money laundering charges, highlighting potential risks to software developers’ liability. Paradigm donates $1.25M for legal defense, emphasizing broader implications for privacy tech. #Update #Legal @Paradigm (-8) ↘
Yearn Finance Founder Faces SEC Pressure
Yearn Finance founder Andre Cronje revealed he exited the crypto space due to intense scrutiny and inquiries from the U.S. Securities and Exchange Commission (SEC). #Breaking #Legal $YFI (-8) ↘
SEC Overreach Alleged by Senator Lummis
Wyoming Senator Cynthia Lummis filed an amicus brief supporting @Coinbase in its legal battle against the U.S. Securities and Exchange Commission (SEC), criticizing the SEC’s overreach in regulating digital assets, which she claims undermines Congress. #Breaking #Legal $COIN (-8) ↘
Crypto Boost: Bessent Named Treasury Sec
Scott Bessent confirmed as US Treasury Secretary, marking a pivotal moment for digital assets under President Trump’s administration. Known for his crypto-friendly stance, Bessent’s leadership could favor innovation in financial policy and cryptocurrency regulation. #Breaking #Crypto $BTC (+8) ↗
Chainlink Cardano Polkadot ETFs SEC Approval
@TuttleCapital is seeking SEC approval for the first-ever ETFs tied to $LINK, $ADA, and $DOT, including leveraged products for meme coins like MELANIA and TRUMP. This move tests regulatory boundaries amid a pro-crypto leadership shift. #Update #ETF $LINK (+3) ↗
Crypto Roundtable: CFTC Chair Pham Leads
The US regulators, influenced by President Trump’s pro-crypto stance, are considering a progressive approach for the crypto industry. CFTC’s Acting Chair Caroline Pham plans public roundtables on digital assets, aligning with SEC’s new Crypto Task Force initiative. #Update #Crypto $BTC (+3) ↗
SEC Withdraws Controversial Crypto Bulletin
The U.S. Securities and Exchange Commission (SEC) rescinded its controversial SAB 121, which mandated banks to include customers’ crypto assets on their balance sheets, directing them instead to follow FASB or IAS guidelines. #Update #Legal @SECGov (-3) ↘
Solana Horse Racing Game Partners BlockBet
@ThirdTimeGames partners with @BlockBet to enable wagering on virtual horse races using $CROWN, joining Solana, Bitcoin, and Ethereum as supported assets. The partnership includes BlockBet as the first official simulcast partner for 24/7 races. #Update #Crypto $CROWN (+3) ↗
Crypto Regulation: SEC Rescinds Accounting Rule
The U.S. Securities and Exchange Commission (SEC) rescinded Staff Accounting Bulletin No. 121, indicating a regulatory shift under Commissioner Hester Peirce’s leadership, impacting crypto-assets’ accounting standards. #Breaking #Legal $BTC (+8) ↗
Crypto Market Opens as SEC Repeals
The SEC has repealed Staff Accounting Bulletin (SAB) 121, allowing traditional financial institutions to offer crypto custody services, marking a significant regulatory shift following a congressional bill and presidential veto. #Breaking #Legal #Crypto (+8) ↗
Trump Appoints Uyeda Acting SEC Chair
President Donald Trump has appointed Mark Uyeda as acting chair of the SEC, aiming to shift crypto policies with Commissioner Hester Peirce, though potential challenges arise from the current SEC structure. #Breaking #Legal (0) →