Sarah Wynn

1 week ago | theblock.co | Sarah Wynn

NFT collection CyberKongz says the U.S. Securities and Exchange Commission has shut its investigation, marking the latest probe ended by the agency since President Donald Trump took office earlier this year. CyberKongz posted on Tuesday on X that the SEC's investigation was closed and announced a "rebrand.""As for CyberKongz, the shackles are lifted," the firm said. "We have been preparing for this day for a long time.

1 week ago | theblock.co | Sarah Wynn

The U.S. Department of Homeland Security's group focused on combating money laundering and other finance-related crimes launched a query into Anchorage Digital Bank, according to reporting from Barron's. A subset of the department, the El Dorado Task Force reached out to former employees at the bank to ask about the "company's practices and policies," Barron's reported on Monday citing people familiar. The substance of the probe is not clear, according to Barron's.

1 week ago | theblock.co | Sarah Wynn

Companies • April 11, 2025, 4:20PM EDT The U.S. Securities and Exchange Commission is weighing its options on how to regulate the trading of digital assets, diverging significantly from the agency's previous approach. One way could be to provide a temporary fix, acting SEC Chair Mark Uyeda suggested on Friday at a roundtable with several industry participants.

1 week ago | theblock.co | Sarah Wynn

President Donald Trump signed a resolution to repeal a controversial crypto tax rule finalized toward the end of the Biden administration, according to a lawmaker who introduced that measure. Trump signed the resolution on Thursday, which was expected given that the White House had signaled its support and called the measure a "midnight regulation in the final days of the previous administration." Earlier this year, Republicans Sen. Ted Cruz of Texas and Rep.

2 weeks ago | theblock.co | Sarah Wynn

Nova Labs, the creator of the Helium Network, said the U.S. Securities and Exchange Commission has dropped its claims that the firm sold unregistered securities. That means that selling "hardware and distributing tokens for network growth" does not automatically make them securities, Helium said on Thursday in a blog post.