SEC Closes Probe Into PayPal Stablecoin PYUSD as Adoption Efforts Accelerate
Key Insights The SEC has closed its investigation into PayPal’s PYUSD stablecoin without taking enforcement action, ending a 2023 probe…
SEC Chair Gary Gensler to Step Down in January 2025
Key Insights SEC Chairman Gary Gensler will step down on January 20, 2025, after serving as the agency’s 33rd chair…
Nigerian SEC Yet to Grant Quidax Crypto License, Exchange Confirms
Key Insights Quidax has applied for a Digital Assets Exchange license from Nigeria’s SEC, but clarifies it has not yet…
Nigeria Embraces Crypto Regulation, SEC Plans to License Digital Asset Issuers
Key Insights Nigeria’s SEC plans to start licensing issuers of virtual assets, including cryptocurrencies, as the country sees a surge…
Ripple Fined $125 Million in SEC Lawsuit Settlement
Key Insights Ripple ordered to pay $125 million fine as part of settlement with the SEC in long-running legal dispute…
SEC Charges Two California Businessmen in $70 Million Investment Fraud
Key Insights SEC files complaint against Taylor Woods and Howard Wu for two alleged fraud schemes involving U.S. hotel investments,…
U.S. SEC Charges BitCloud Founder with $257 Million Crypto Fraud
Key Insights SEC charges BitCloud founder Nader Al-Naji with fraud involving $257 million raised through unregistered token sales. Al-Naji allegedly…
Former Apple Executive Ordered to Pay $1.1 Million in SEC Insider Trading Case
Key Insights U.S. District Court grants SEC summary judgment against Gene Daniel Levoff, former Apple senior attorney, for insider trading…
U.S. SEC Files Lawsuit Against Consensys Over Unregistered Broker Activities
Key Insights SEC sues Consensys for operating as an unregistered broker through its MetaMask swaps and staking services. Lawsuit alleges…
SEC Could Approve Spot Ethereum ETFs by July 4: Sources
Key Insights SEC could approve spot Ethereum ETFs as early as July 4, according to anonymous sources. SEC Chair Gary…