Regulations
Bitwise Joins Mounting Race for Solana ETF
Donald Trump's election win may be pressing fast-forward on once unheard-of propositions.

U.S. SEC Loses Crypto Lawsuit Over 'Dealer' Definition That Pushed Into Crypto
A Texas federal court ruled that the regulator's new dealer definition that roped in crypto entities was "untethered" to U.S. securities law.

SEC Distributes $4.6M to BitClave Investors
The SEC sued BitClave in 2020, alleging that it violated securities laws in the course of its $25.5 million initial coin offering in 2017.

Robinhood Is the Top Crypto Deregulation Trade, Bernstein Says
The broker raised its price target on the stock to $51 from $30 while maintaining its outperform rating on the shares.

Trump Said to Consider Crypto Lawyer Teresa Goody Guillén to Lead SEC
A former SEC attorney who now represents blockchain companies, Goody Guillén would be "an instant change maker," said one token project founder.

Stablecoin Issuer Paxos to Buy Finland's Membrane Finance to Gain EU Access
Paxos agreed to buy electronic money institution Membrane Finance, which is licensed in Finland.

Crypto Exchange Gemini Starts Up in France With EU's MiCA Laws Weeks From Kicking In
Companies registered in EU nations by year-end will be able to continue operating while they secure licenses under MiCA regulations that take effect at the end of the year.

California Judge Puts the Kibosh on Kraken’s Interlocutory Appeal Attempt
Kraken asked the judge to allow an appeals court to review his earlier ruling that the SEC had adequately alleged that the cryptocurrencies sold on Kraken’s platform could be securities.

Bitfinex Hack Launderer Heather 'Razzlekhan' Morgan Sentenced to 18 Months in Prison
In the theft of bitcoin from Bitfinex — worth about $9 billion in today's prices — Morgan's 18 months followed the five-year sentencing of her husband last week.

Only Congress Can Ban Election Betting, Kalshi Tells Appeals Court in New Filing
Kalshi blasted the regulator’s attempt to create a “Goldilocks” definition of gaming that would include elections as “arbitrary, outcome-driven gerrymandering with no basis in the statute," in its ongoing defense against the CFTC's move to ban its prediction markets.

