The regulator alleges failure to register as a securities exchange and unlawful commingling of funds. Kraken promises to continue working as usual.

The ETF filings of HashDex and Grayscale have been postponed until next year, although the SEC might now be cornered into approving spot BTC ETFs.

The regulator has significantly increased its enforcement actions in the crypto sector under Gary Gensler's leadership, with many crackdowns on major crypto entities and influencers.

The non-profit organisation released updated best practices to boost consumer protection and promote transparency in staking. The guidelines are backed by 18 major blockchain firms.

The SEC, headed by Gary Gensler, is poised to potentially approve multiple Bitcoin ETFs, while scrutiny of Gensler's shifting stance on digital asset regulation is growing.

The payment firm reported on Wednesday that it had received a subpoena from the SEC requesting information on its PYUSD stablecoin.

The DOJ has arrested SafeMoon's CEO and CTO over an alleged $200 million investor fraud, with a third co-founder is still at large. The SEC has also filed civil charges for unregistered token sales, resulting in SafeMoon's market value crashing from $8 billion to $50 million.

Gary Gensler's changing positions on key issues, including SEC guidance and Bitcoin ETF approvals, have recently taken center stage, sparking widespread discussion across news outlets and social media.