Bitcoin ETFs – Decoding the Roadmap to Mainstream Adoption

August 3, 2023

The US Securities and Exchange Commission (SEC) is now seriously and closely looking at the crypto space following the recent surge of applications from asset managers aiming to launch the first-ever US Exchange-Traded Fund (ETF) that directly invests in Bitcoin. The SEC has expressed concerns over the lack of clarity in these applications and has […]

Bitcoin Surges Past $100,000 as Trump Picks Pro-Crypto SEC Chair

December 6, 2024

Catenaa, Friday, December 06, 2024- Bitcoin surged past $100,000 for the first time late Wednesday, hitting a new record just hours after President-elect Donald Trump named Paul Atkins, a crypto advocate, as his choice to lead the Securities and Exchange Commission (SEC). Bitcoin’s surge to $100,000 follows a rally that began after Trump’s election victory […]

Bitwise Files for First-Ever Dogecoin ETF With SEC

January 29, 2025

Catenaa, Wednesday 29, 2025 – Bitwise has officially filed an S-1 registration with the U.S. Securities and Exchange Commission (SEC) for a spot Dogecoin exchange-traded fund (ETF), marking a significant step toward bringing the popular memecoin to traditional financial markets.  The crypto asset manager previously registered a filing in Delaware on Jan. 22 for the […]

Bitwise files with SEC for spot ETH ETF listing

May 9, 2024

Mumbai, Tuesday, April 16, 2024 – Asset management firm Bitwise had reportedly filed for a spot Ethereum ETF from the SEC in the US on March 28. This follows favorable past records of Bitcoin funds along with the recent approvals of spot Bitcoin ETFs. The application of Bitwise has been made, while several ETH ETF […]

BlackRock Seeks SEC Approval for In-Kind Bitcoin ETF

February 7, 2025

Catenaa, Friday, February 07, 2025 – The US Securities and Exchange Commission(SEC) is considering a proposal to allow in-kind redemptions for BlackRock spot Bitcoin exchange-traded fund, marking a potential shift in how the product operates. In a filing posted Thursday, February 06, the SEC acknowledged the proposal and requested public comments within 21 days after […]

Cboe BZX Resubmits Spot Solana ETF Filings to SEC

January 29, 2025

Catenaa, Wednesday, January 29, 2025 – Cboe BZX Exchange Inc. has refiled 19b-4 applications on behalf of multiple asset managers for a spot Solana exchange-traded fund (ETF), marking another attempt to gain approval from the Securities and Exchange Commission (SEC). The filings, submitted Tuesday, include proposals for the Canary Solana Trust, Bitwise Solana ETF, 21Shares […]

Coinbase CEO to Meet Trump Over Key Personnel Appointments

November 20, 2024

Catenaa, Wednesday, November, 2024-Brian Armstrong, CEO of Coinbase, is scheduled to meet with President-elect Donald Trump on Monday, November 25, to discuss potential appointments for key government positions, according to a report by The Wall Street Journal. The discussions come as Trump considers nominations for Treasury Secretary and Securities and Exchange Commission (SEC) chair, roles […]

Court Pauses Binance-SEC Legal Battle Until April

February 15, 2025

Catenaa, Saturday, February 15, 2025 – A US district judge has granted a request from Binance and the Securities and Exchange Commission (SEC) to pause their ongoing legal dispute for 60 days, citing the SEC’s new crypto task force.  The decision follows a Monday court filing in which Binance and the SEC jointly requested the […]

Crypto Firms Face $426M Legal Costs Under Gensler

November 5, 2024

New York, Tuesday, November 05, 2024-The Blockchain Association (BA) has reported that cryptocurrency companies have incurred $426 million in legal expenses as a result of enforcement actions taken by the US Securities and Exchange Commission (SEC) under Chair Gary Gensler. The advocacy group, which has been vocal against what it describes as Gensler’s “regulation by […]

Crypto.com Drops SEC Lawsuit as CEO Meets With Trump

December 20, 2024

Catenaa, Friday, December 20, 2024 – Crypto.com has withdrawn its lawsuit against the US Securities and Exchange Commission (SEC) amid revelations that CEO Kris Marszalek met with President-elect Donald Trump to discuss cryptocurrency regulations and the potential establishment of a national Bitcoin reserve.  Bloomberg citing an anonymous source reported that Trump and Marszalek met at […]

Fifth Circuit Court Now Halts SEC’s Climate Risk Disclosure Rules

March 30, 2024

New York, Monday, March 25, 2025 – A federal Appeals Court has temporarily halted the Securities and Exchange Commission’s (SEC) new rules requiring public companies to disclose climate-related risks. The US Court of Appeals for the Fifth Circuit granted an administrative stay on March 15, 2024, while legal challenges to the rules proceed. The 5th […]

Franklin Templeton Now at Forefront of Ethereum ETF Revolution

March 3, 2024

New York, NY, Monday, February 19, 2024 – Prominent investment firm Franklin Templeton filed an application with the Securities and Exchange Commission (SEC) for the “Franklin Ethereum Trust.” This move follows the recent approval of Bitcoin spot ETFs in the US. Franklin Templeton , manages over $1.4 trillion in assets If approved, the “Franklin Ethereum […]

Grayscale Win Demystifies the Bitcoin ETF Legal Victory

September 9, 2023

Washington, Thursday, September 07: In a recent development, a three-member panel from the United States Court of Appeals for the District of Columbia Circuit delivered a verdict on Tuesday, September 5th, asserting that the Securities and Exchange Commission (SEC) had erred in its decision to deny Grayscale Investments’ request for the listing of an Exchange-Traded […]

Hester Peirce to Lead SEC’s New Crypto Task Force

January 24, 2025

Catenaa, Friday, January 24, 2025 – SEC Commissioner Hester Peirce, widely known as “Crypto Mom,” has been appointed to head a new crypto task force aimed at establishing a comprehensive regulatory framework for digital assets.  The announcement comes a day after former SEC Chairman Gary Gensler stepped down. Acting Chairman Mark Uyeda launched the initiative, […]

Mango Markets Shuts Down After SEC Deal, DAO Dispute

January 13, 2025

Catenaa, Monday, January 13, 2025 – Decentralized exchange on the Solana blockchain Mango Markets, announced its imminent shutdown following a settlement with the SEC and internal governance issues. The platform, which suffered a $110 million exploit in 2022, will cease operations as governance proposals aimed at halting borrowing and lending take effect on Monday, January […]

MicroStrategy Purchases $4.6B in Bitcoin Plans More

November 19, 2024

Catenaa, Tuesday, November 19, 2024- MicroStrategy has acquired $4.6 billion worth of Bitcoins in a record-breaking purchase, according to an SEC filing on Monday, November 18. The BTC is hovering just above $90,000 after Trump winning the November 4 Presidential Election. The Virginia-based software firm now holds 331,200 Bitcoins, valued at $30 billion, according to […]

Paul Atkins Tapped for SEC Chair, Boosts Crypto Agenda

December 5, 2024

Catenaa, Thursday, December 05, 2024-US President-elect Donald Trump has officially nominated Paul Atkins to serve as the next Chairman of the Securities and Exchange Commission (SEC), confirming the move through a Truth Social post on Tuesday. The announcement underscores a potential shift in SEC priorities, with a renewed focus on digital assets and fostering innovation […]

SBI and Saudi Aramco Now Invest in Ripple Labs

January 22, 2024

New York, Thursday, December 7– SBI Holdings of Japan and Saudi Aramco of Saudi Arabia, announced significant investments in Ripple Labs, the blockchain technology company best known for its payment protocol, RippleNet. The move is seen as a major validation for Ripple and its ambitions to revolutionize cross-border payments and asset transfers. However, the details […]

SEC Admits Missteps, Issues Apology Now for Crypto Case

January 16, 2024

Salt Lake City, Utah – December 22, 2023 – The Securities and Exchange Commission (SEC) admitted to misrepresenting facts in a crypto case and apologized to a Federal Judge recently when it sought a restraining order and asset freeze against Digital Licensing Inc. (DEBT Box) in July. The SEC then alleged a $50 million investor […]

SEC Chair Gary Gensler Hints at Possible Resignation

November 19, 2024

Catenaa, Tuesday, November 19, 2024-Securities and Exchange Commission (SEC) Chair Gary Gensler stirred resignation speculation during a speech at the 56th Annual Institute on Securities Regulation in New York City. “I’ve been proud to serve with my colleagues at the SEC who, day in and day out, work to protect American families on the highways […]

SEC Collects Record $8.2 Billion in Penalties for 2024

November 29, 2024

Catenaa, Friday, November 29, 2024-The US Securities and Exchange Commission (SEC) announced a record-breaking $8.2 billion in penalties for fiscal year 2024, with over half—$4.5 billion—stemming from Terraform Labs and its founder, Do Kwon, following the Terra blockchain’s $60 billion collapse.  Without the Terraform case, the SEC’s financial remedies would have been the lowest since […]

SEC Files Appeal in Ripple Case, Targets XRP Classification

January 19, 2025

Catenaa, Sunday, January 19, 2025 –The US Securities and Exchange Commission has formally appealed a 2023 district court ruling that partially favored Ripple Labs, focusing on whether XRP sales to retail investors qualify as unregistered securities transactions.  The SEC argues that Ripple’s promotional efforts created profit expectations, meeting the “investment contract” definition under the Howey […]

SEC Seeks 28-Day Delay in Coinbase Case Amid Rule Shift

February 17, 2025

Catenaa, Monday, February 17, 2025 – The U.S. Securities and Exchange Commission (SEC) has requested a 28-day extension to review cryptocurrency exchange Coinbase’s appeal in their ongoing lawsuit, citing the role of its newly formed crypto task force.  In a February 14 court filing, the U.S. Securities and Exchange Commission argued that the task force’s […]

SEC Seeks Public Input on Grayscale’s Litecoin ETF Proposal

February 8, 2025

Catenaa, Saturday, February 08, 2025 – The US Securities and Exchange Commission(SEC) is seeking public comments on a proposal to convert Grayscale’s Litecoin Trust into an exchange-traded product, signaling continued developments in crypto ETF regulation.  In a filing Thursday, the Securities and Exchange Commission acknowledged NYSE Arca’s request on behalf of Grayscale and set a […]

SEC Starts 240-Day Review of Grayscale’s Crypto ETP

November 6, 2024

Washington, Wednesday, November 06, 2024– The US Securities and Exchange Commission (SEC) has initiated a formal 240-day review period for Grayscale Investments’ proposal to uplist its Digital Large Cap Fund (GDLC) as an exchange-traded product (ETP) on NYSE Arca, according to a company update. The application, filed by NYSE Arca in October, aims to convert […]

SEC Sues Elon Musk for Alleged Twitter Stake Violation

January 16, 2025

Catenaa, Thursday, January 16, 2025 – The US Securities and Exchange Commission (SEC) filed a lawsuit Tuesday against Elon Musk, accusing the billionaire of failing to disclose his significant stake in Twitter on time, allegedly saving $150 million in share purchases.  SEC rules require investors to report holdings exceeding 5% within 10 days. Musk reportedly […]

SEC Sues Helium Creator Nova Labs Ahead of Chair Gensler’s Exit

January 25, 2025

Catenaa, Saturday, January 25, 2025 – The US Securities and Exchange Commission (SEC) has filed a lawsuit against Nova Labs, the creator of the Helium Network, accusing the company of selling unregistered securities. Nova Labs has not yet responded to the lawsuit.  The lawsuit was announced on January 17, just days before SEC Chair Gary […]

SEC to Reassess Crypto Policies Next Week

January 18, 2025

Catenaa, Saturday, January 18, 2025 –The US Securities and Exchange Commission(SEC) is set to reassess its cryptocurrency policies following the inauguration of President-elect Donald Trump next week, signaling potential relief for the crypto industry. SEC commissioners Hester Peirce and Mark Uyeda, both advocates for clearer crypto regulations, are expected to revise enforcement actions and redefine […]

SEC Wins A Gain in Lawsuit Against Coinbase

April 20, 2024

SAN FRANCISCO Tuesday, April 16, 2024- The US Securities and Exchange Commission (SEC) partially won its legal battle against cryptocurrency exchange Coinbase on Tuesday, April 9, 2024. A federal judge rejected Coinbase’s motion to dismiss the lawsuit, which alleges that the platform’s staking program involves the unregistered offer and sale of securities.  This decision allows […]

SEC’s New Dealer Rule Broadens Crypto Oversight

February 23, 2024

New York, NY, Monday, February 12, 2024 –The US Securities and Exchange Commission (SEC) on Tuesday, February 6, 2024, announced changes in rules seen as having potentially significant implications for cryptocurrency and decentralized finance (DeFi) markets. The new rules mandate increased registration, participation in a self-regulatory organization, and adherence to federal securities laws and regulations […]

Trump Eyes New SEC Chair, Focus on Crypto Regulation

November 30, 2024

Catenaa, Thursday, November 28, 2024 (Wrapup)- President-elect Donald Trump is reportedly considering several candidates to replace Gary Gensler as chair of the US  Securities and Exchange Commission (SEC).Among the frontrunners are Richard Farley, a partner at Kramer Levin Naftalis & Frankel, and Norm Champ, a partner at Kirkland & Ellis. Other potential candidates include Robinhood […]

Trump Names Mark Uyeda Acting SEC Chair as Gensler Departs

January 21, 2025

Catenaa, Tuesday, January 21, 2025 – President Donald Trump has appointed Mark Uyeda, a crypto-friendly Republican commissioner, as the interim chair of the US Securities and Exchange Commission (SEC) following Gary Gensler’s departure. Uyeda, a critic of Gensler’s crypto policies, is expected to push for greater regulatory clarity in the crypto space.  Uyeda and fellow […]

Trump Plans to Shift Crypto Oversight to CFTC, Reduce SEC Role

November 27, 2024

Catenaa, Wednesday, November 27, 2024-President-elect Donald Trump’s administration is reportedly planning to expand the Commodity Futures Trading Commission’s (CFTC) authority over digital assets while reducing the role of the Securities and Exchange Commission (SEC), according to sources cited by Fox Business. The proposed changes would enable the CFTC to oversee crypto exchanges and spot markets […]

Trump’s Crypto Czar Signals Policy Shift at Bitcoin Summit

February 5, 2025

 Catenaa, February 05, 2025 – The US government held its first official press conference on digital assets Tuesday, with Crypto Czar David Sacks outlining the Trump administration’s commitment to fostering a favorable environment for Bitcoin and blockchain innovation. Sacks emphasized that the administration’s executive order prioritizes digital asset adoption and regulatory clarity, a departure from […]

XRP Community Leader Ripple’s Records Now Unavailable Until March 13

March 12, 2024

New York, NY Monday, February 26, 2024 – Popular XRP community member Ashley Prosper addressed misconceptions surrounding the ongoing lawsuit between the SEC and Ripple in a recent statement. Prosper clarified that the public will not see Ripple’s financial records until March 13, when the SEC files its remedies brief, despite the February 20 deadline […]