Auto Added by WPeMatico

Supreme Court’s Chevron Ruling Seen as ‘a Game Changer’ for Crypto Industry

The U.S. Supreme Court has struck down Chevron deference, a doctrine that allowed federal agencies broad discretion in interpreting ambiguous statutes. This decision is seen as a pivotal shift towards…

Continue ReadingSupreme Court’s Chevron Ruling Seen as ‘a Game Changer’ for Crypto Industry

Consensys to Challenge SEC in Court: Confident SEC Lacks Authority to Regulate Software Interfaces Like Metamask

Consensys Software has issued a statement addressing U.S. Securities and Exchange Commission (SEC) charges accusing the company of unregistered securities offerings through Metamask staking and swaps. Consensys contends the SEC’s…

Continue ReadingConsensys to Challenge SEC in Court: Confident SEC Lacks Authority to Regulate Software Interfaces Like Metamask

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…

Continue ReadingSolana ETF Approval Odds Rise Amid Potential Political Shifts, Analyst Says

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…

Continue ReadingSEC Charges Consensys With Violating Federal Securities Laws

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.…

Continue ReadingSEC Revokes Lufkin Advisors’ Registration Amid Fraudulent Crypto Activities

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…

Continue ReadingState Street Partners With Galaxy Asset Management to Create New Crypto ETFs