Canary Funds’ litecoin ETF filings were recently amended, potentially indicating that the SEC is engaging with the filing.
A U.S. judge halted the case in which the exchange and SEC are duking it out over an enforcement matter, and will let Coinbase chase a higher-court appeal.
The Commodity Futures Trading Commission sued Gemini in 2022 for making misleading statements.
Clayton oversaw the SEC between 2017 and 2020.
The suit wants a court to block the SEC from suing crypto exchanges moving forward.
Crypto-friendly Donald Trump’s win in the U.S. presidential race will likely result in a change in leadership at the Securities and Exchange Commission.
With the crypto-friendly Donald Trump being elected president, industry leaders are now awaiting his first big move, which could be appointing a new chair of the U.S. Securities and Exchange Commission.
Under the proposal, bitcoin would be established as a strategic reserve asset and the government could buy up to 5% of the cryptocurrency’s total supply, the report said.
Analysts expect a broad market rally and changes in SEC leadership. Trump’s crypto policies include a bitcoin strategic reserve, banning a central bank digital currency and freeing Ross Ulbricht.
Stablecoin and market structure bills may now both see faster progress, the report said.