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SEC Clarifies Proof-of-Work Mining Excludes Securities Regulations Under Trump Administration

The U.S. Securities and Exchange Commission (SEC) under the Trump administration stated Thursday that proof-of-work (PoW) crypto mining activities do not constitute securities transactions, offering regulatory clarity for a sector…

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Ondo Finance Introduces Ondo Chain: An Initiative to Bring Wall Street Onchain

Ondo Finance states that this new project seeks to combine the decentralization and convenience of blockchains with the world of permissioned traditional finance markets. Ondo Finance Announces Ondo Chain to…

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SEC Officially Appeals XRP Ruling — Will the Court Reverse Ripple’s Win?

The U.S. Securities and Exchange Commission (SEC) has officially appealed the XRP ruling by Judge Analisa Torres, reigniting the legal battle over whether XRP sales on crypto exchanges qualify as…

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$150M Crypto Scheme Leader Vanishes From US Detention, Active Manhunt Underway

A German national accused of orchestrating a $150 million cryptocurrency fraud is now a fugitive after allegedly tampering with his ankle monitor while on home detention in New York. Prosecutors…

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Ripple Fires Back at SEC: Cross-Appeal Seeks to Overturn Unresolved XRP Issues

Ripple has escalated its legal battle with the U.S. Securities and Exchange Commission (SEC), filing a cross-appeal to challenge unresolved issues around XRP sales. This comes after the SEC sought…

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Washington Investors Set to Reclaim Digital Currency in GS Partners Settlement

After over a year of negotiations, the Washington State Department of Financial Institutions (DFI) has joined a multi-state settlement agreement with GS Partners. Accused of violations under Washington’s Securities Act,…

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SEC Charges Cumberland DRW for Unregistered $2 Billion Crypto Securities Dealings

The U.S. Securities and Exchange Commission (SEC) has charged Cumberland DRW LLC, a Chicago-based firm, for operating as an unregistered dealer in over $2 billion of crypto assets classified as…

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