Blockchain.com Files Confidential S-1 as Crypto IPO Pipeline Reopens
Blockchain.com confidentially submitted a draft S-1 registration statement to the U.S. Securities and Exchange Commission on May 21, 2026, taking a formal step toward a U.S. public listing. The move tests investor appetite for legacy crypto infrastructure companies at a time when public-market scrutiny, compliance demands and digital-asset valuations remain under pressure.
Grayscale and VanEck Advance Spot BNB ETF Filings After SEC Feedback
Grayscale and VanEck submitted amended S-1 registration statements in mid-May, signaling active SEC engagement on proposed U.S. spot BNB ETFs. The revised filings adjust custody, surveillance and staking language in ways that respond to the regulator’s prior concerns and bring the products closer to the operational template used for spot Bitcoin and Ether ETFs.
U.S. senators press SEC after enforcement chief’s abrupt exit and dismissal of Justin Sun case
U.S. senators have stepped up pressure on the Securities and Exchange Commission after a pair of March 2026 developments triggered fresh questions about how the agency is handling crypto enforcement. The resignation of the SEC’s Enforcement Division director and the agency’s decision to drop civil fraud charges against Tron founder Justin Sun have become the […]
SEC proposes excluding crypto from OTC broker‑dealer rule and opens 60‑day comment period
The U.S. Securities and Exchange Commission has moved to narrow the reach of Exchange Act Rule 15c2-11, proposing an amendment that would limit the rule explicitly to equity securities. If adopted, the change would remove crypto assets from the rule’s scope and ease a compliance burden that has weighed on broker-dealers quoting digital assets in […]
SEC dismisses civil fraud case against BitClout founder with prejudice
The U.S. Securities and Exchange Commission has permanently dropped its civil fraud case against Nader Al-Naji, the founder of BitClout and DeSo, closing one of the sector’s more closely watched legal battles. The dismissal with prejudice means the SEC cannot bring the same civil claims against him again.
SEC settles Tron case; Rainberry pays $10 million and Justin Sun cleared of fraud claims
The Securities and Exchange Commission moved to settle its civil fraud case against Justin Sun and Tron-linked entities, agreeing to a resolution that would require Rainberry Inc. to pay a $10 million civil penalty, pending court approval. The deal sharply reduces one of the most visible legal threats hanging over the Tron ecosystem and gives […]
SEC Allowed Broker‑dealers to Apply a 2% Haircut to Qualifying Stablecoins
The SEC’s Division of Trading and Markets issued staff guidance that allows broker-dealers to apply a 2% haircut to proprietary positions in qualifying payment stablecoins when calculating net capital. The practical change is that balances once treated as effectively unusable for net-capital purposes can now count with only a modest capital charge.
Kalshi Inks Game Point Capital Deal to Serve Sports Insurance Market as Legal Battles Intensify
Kalshi said that it is teaming up with sports-insurance broker Game Point Capital to bring institutional hedging for team performance bonuses and similar payout risks onto its platform, with Game Point expected to route about $30 million per year through Kalshi. The commercial pitch is straightforward: take a lumpy, event-driven liability that is often handled […]
How The SEC Handled Crypto Cases 12 Months into Trump’s Presidency
60% fewer enforcement cases, high-profile dismissals, and a reorganized enforcement apparatus defined the SEC’s crypto posture in the year after President Trump returned to office. The agency’s stance effectively moved from broad, aggressive ICO policing to a 2025 model centered on narrower fraud actions and a heavier reliance on structured rulemaking.
Grayscale’s NEAR ETF Plan Advances as NEAR Token Endures Heavy Selling Pressure
Grayscale filed an S-1 with the SEC on January 20, 2026 to convert its NEAR Protocol Trust into a spot ETF, proposing the ticker GSNR for listing on NYSE Arca. The filing is meant to translate an existing trust wrapper into a more scalable, regulated access point for NEAR, but it lands during a period […]