Tag: SEC

Grayscale Files to Convert NEAR Trust Into Spot ETF

By Wayne Jones Grayscale has filed an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) to convert its existing Grayscale Near Trust into a spot NEAR exchange-traded fund (ETF) listed on the NYSE Arca. The move is the latest in a continued push by major asset managers to expand the crypto ETF […]

From Manchester City Highs to Market Lows: The PENGU Correction Explained

By admin Pudgy Penguins’ native token, PENGU, slid 5.48% in the past 24 hours—lagging behind the broader crypto market’s 4.09% decline—and extending a steep 27% weekly loss. The downturn stems from a confluence of fading enthusiasm around its high-profile Manchester City partnership, reputational turbulence following a controversial social media post, and a decisive technical breakdown […]

A Year Without Gensler: The SEC Drops Dozens of Cases Against Crypto Firms Including Coinbase and Ripple

By Emir Abyazov Key highlights: After Gary Gensler’s resignation, the SEC dismissed multiple high-profile crypto cases and reversed years of enforcement policy. Republican leadership reshaped the agency, leaving no Democratic commissioners and raising concerns about political influence. Congress may soon overtake the SEC’s role as lawmakers push a comprehensive crypto framework into law. The US […]