The Latest Breaking News from SEC

A co-founder of the Ethereum network, and the founder of the company that revealed how the SEC has deemed Ether a security since March last year, said the approval of spot ETH ETFs has become a matter of political interest.

Ripple's Alderoty has once again slammed Gensler for his leadership and the regulatory approach of the SEC toward digital assets, but this time, he pointed out how the SEC chief has become a political liability amid increasing Congress scrutiny.

The US House of Representatives on Wednesday adopted a bill that would create a new legal framework for digital currencies, in a move cheered by crypto supporters but opposed by consumer groups who say it fails to protect investors.

The former Republican presidential candidate invested in the media company intending to ‘shift its strategy’

The FIT21 bill has the support of the cryptocurrency industry because it will deliver customer protections and long-sought-after regulatory clarity.

The House is poised to advance the comprehensive FIT21 bill today, which would establish a regulatory framework for the blockchain sector.

Some Democrats, including digital assets skeptics, have voiced support for FIT21, a largely Republican-backed bill that could establish clear regulatory guidelines for the crypto industry.

Don’t be swayed by hot investing trends. Smart investors embrace financial authenticity by following their own plans, not the herd.

Several spot Ether ETF applicants have submitted updated 19b-4 filings, suggesting that the SEC has finally provided comments on the applications and triggering a wave of optimism in the crypto industry for the funds that, unlike Bitcoin, have had a more difficult road toward approval.

The SEC appears to have made a sudden change of heart as it reportedly informed exchanges that it was leaning toward approving the much-anticipated spot Ether ETFs.

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +0.25%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.21%. US stock indexes closed moderately higher on Tuesday as they consolidated just below last...