Los Angeles, CA, May 02, 2025 (GLOBE NEWSWIRE) — The U.S. Securities and Exchange Commission (SEC) officially approved ProShares Trust to launch three ETF products based on XRP futures: ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF and ProShares Short XRP ETF. This allows investors to obtain its price exposure through leverage or inverse methods
Join Our Telegram channel to stay up to date on breaking news coverage SEC Commissioner Hester Peirce criticised America’s confusing crypto regulatory environment, calling it “the floor is lava.” New crypto listings face substantial challenges navigating poorly defined regulations while attempting to classify digital assets. Investment advisers struggle with determining what qualifies as securities and
BERLIN, GERMANY – JANUARY 25: In this photo illustration model coins of the cryptocurrencies … More ethereum, ripple, litecoin and bitcoin lie on a circuit board of a computer. (Photo Illustration by Thomas Trutschel/Photothek via Getty Images) Photothek via Getty Images In May 2024, prospects for the United States becoming a global innovation center for
Rescinding the guidance would be another boost for XRP and the broader crypto market. This guidance provided the SEC with the basis to target crypto-related firms. SEC vs. Ripple: Appeals, Cross-Appeals, and Settlements The review may facilitate an appeal withdrawal in the Ripple case. Ripple CEO Brad Garlinghouse recently announced that the SEC would withdraw
The U.S. Securities and Exchange Commission (SEC) is announcing four more roundtable events in 2025 for its task force to discuss the digital assets industry. According to a new press release, the regulatory agency plans to add four roundtable discussions about crypto assets and how they are regulated to its calendar of events. The discussions,
The new Chair of the U.S. Securities and Exchange Commission (SEC) reportedly has a crypto portfolio worth millions of dollars. According to a new report from Fortune, an ethics disclosure reveals that Paul Atkins – President Donald Trump’s nominee to be the next SEC Chair – holds about $6 million in crypto-related investments, including $1
The U.S. Securities and Exchange Commission (SEC) is ready to reset its relationship with the crypto industry, according to Commissioner Hester Peirce. The SEC’s new “Crypto Task Force” held its inaugural roundtable event on Friday, which brought together regulators, private-sector lawyers and digital asset firm executives. At the event, Peirce, a longtime crypto advocate, spoke
Ripple announced that the SEC’s lawsuit against the firm is over. Ripple Labs’ XRP cryptocurrency spiked over 13% on the news. It is another indicator of shifting regulatory tides for crypto under the Trump administration. The US Securities and Exchange Commission is dropping its case against Ripple, the blockchain firm that fell into regulatory crosshairs