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Solana ETF Approval Odds Rise Amid Potential Political Shifts, Analyst Says

Bloomberg’s senior ETF analyst has stated that the odds of a Solana exchange-traded fund (ETF) being approved within the next 12 months are closely linked to the likelihood of a…

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SEC Charges Consensys With Violating Federal Securities Laws

The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Consensys Software Inc., accusing the blockchain firm of violating federal securities laws by failing to register as a…

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SEC Revokes Lufkin Advisors’ Registration Amid Fraudulent Crypto Activities

The U.S. Securities and Exchange Commission (SEC) instituted administrative proceedings against Lufkin Advisors LLC on Wednesday. This follows an offer of settlement from Lufkin Advisors, which the SEC has accepted.…

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State Street Partners With Galaxy Asset Management to Create New Crypto ETFs

State Street Global Advisors has partnered with Galaxy Asset Management to provide advanced digital asset-based strategies, expanding investor access to the digital asset ecosystem beyond cryptocurrencies and bitcoin. “We believe…

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Supreme Court Rules SEC In-House Penalty Proceedings Violate Seventh Amendment

The Supreme Court ruled on Thursday that the U.S. Securities and Exchange Commission (SEC)’s use of in-house proceedings to impose civil penalties for securities fraud violates the Seventh Amendment’s right…

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Coinbase Files Suits Against SEC, FDIC Over Compliance With Crypto Information Requests

The largest United States cryptocurrency exchange, Coinbase, has filed lawsuits against the Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC) for failing to comply with information…

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