Nasdaq files for 21Shares Sui ETF, kicking off SEC review

Nasdaq files for 21Shares Sui ETF, kicking off SEC review

Nasdaq has filed with the SEC to list 21Shares spot Suit ETF, jumpstarting the agency’s review of the proposed listing. Nasdaq has filed for crypto asset manager 21Shares to list a spot Sui exchange-traded fund (ETF) in the US, initiating the Securities and Exchange Commission’s review process. The stock market’s May 23 19b-4 filing, which…

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SEC charges Unicoin and executives for alleged 0 million fraud

SEC charges Unicoin and executives for alleged $100 million fraud

The SEC alleged thousands of investors were drawn by “fictitious promises” that Uniconi’s crypto assets were backed by real-world assets. The US Securities and Exchange Commission has charged crypto platform Unicoin and three of its executives, alleging they made false and misleading statements about its crypto assets that raised $100 million from investors. The SEC…

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SEC’s Crenshaw says agency playing ‘regulatory Jenga’ with crypto

SEC’s Crenshaw says agency playing ‘regulatory Jenga’ with crypto

The SEC’s sole Democratic commissioner, Caroline Crenshaw, claims the regulator’s “about-face” on crypto undermines the agency’s credibility. The US Securities and Exchange Commission’s sole Democratic Commissioner has said the agency is “playing a game of regulatory Jenga” with its approach to the crypto industry and market regulation under the Trump administration. In May 19 remarks…

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Everstake defends non-custodial staking as SEC weighs industry input

Everstake defends non-custodial staking as SEC weighs industry input

Everstake met with the SEC’s Crypto Task Force to argue that non-custodial staking is a technical process, not a securities transaction. The US Securities and Exchange Commission (SEC) has held discussions with Everstake, one of the largest non-custodial staking providers globally, to explore clearer regulatory definitions around staking in blockchain networks. The meeting, which also…

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VanEck to launch its first RWA tokenization fund

VanEck to launch its first RWA tokenization fund

The fund, geared toward institutional investors, will compete with BlackRock’s BUIDL and Franklin Templeton’s BENJI for market share. Investment firm VanEck is launching a tokenized real-world asset (RWA) fund that offers exposure to US Treasury bills, developed in partnership with tokenization platform Securitize. The initiative places VanEck among a growing number of traditional finance firms…

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