The US Securities and Exchange Commission (SEC) is closing down the cryptocurrency cases filed after Gary Gensler, one by one. The latest of these was the unregistered securities issuance case filed against the Blockchain project Dragonchain. Accordingly, the SEC, together with Dragonchain, filed a joint document with the Seattle Federal Court seeking to drop the lawsuit against Dragonchain. In the document submitted, the SEC said that the Crypto Task Force has made progress in developing a regulatory framework, and that they believe it is appropriate to dismiss the Dragonchain (DRGN) lawsuit. The SEC in August 2024 charged Dragonchain, Inc.; the Dragonchain Foundation, which backs the company; The Dragon Company and Dragonchain founder Joseph Roets with violating securities offering regulations by raising $16.5 million during an ICO in 2017. The SEC alleged in its lawsuit that Dragonchain raised $14 million in a presale for its DRGN token in August 2017 and an initial coin offering (ICO) in October and November of that year. The SEC had argued that the company's tokens needed to be registered because they were investment contracts under securities laws. The SEC also stated that an additional $2.5 million worth of DRGN was sold between 2019 and 2022, and that this was used to cover operating expenses and improve the firm’s technology. The lawsuit was discontinued in October after Dragonchain filed a settlement offer with the SEC. Now, due to the efforts of the SEC and Dragonchain to settle the case, the Dragonchain (DRGN) price has seen a massive rally, rising by 95% in the last 24 hours. *This is not investment advice. Continue Reading: SEC Closes Case on Another Altcoin! Price Jumps 95%!
On April 25th, Dr. Han, the esteemed Founder and CEO of Gate.io, issued a significant open letter marking the 12th anniversary of the cryptocurrency exchange. In a pivotal update, Dr.
South Korea told the Trump administration on Thursday that it wants upcoming trade talks to stay calm and not spiral into chaos. During the “2+2” meetings held in Washington, D.C., South Korea’s Finance Minister Choi Sang-mok and Trade Minister Ahn Dukgeun met with US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer. They’re pushing hard for a deal by July 8, the day Trump’s 90-day tariff suspension expires. Choi told reporters after the meeting that the discussions would focus on four key areas: tariff and non-tariff measures, economic security, investment cooperation, and monetary policies. He said South Korea wants mutual benefits, not a one-sided deal, and warned about the impact if tariffs come crashing down. “South Korea is a reliable partner,” Choi said. The country wants to be seen as stable, useful, and not looking to start a fight over trade. South Korea asks for exemptions and plans tied to US shipbuilding Meanwhile, Ahn laid out his proposals during the same Thursday meeting, asking the US to work with Korea on rebuilding America’s shipbuilding industry, something both countries could gain from. Ahn also pushed for more balanced trade, tougher energy security for Korea, and item-specific exemptions from the incoming tariffs. The Finance Ministry’s readout confirmed those details, and said both sides agreed to keep talking, with more meetings on the way. Right now, Korea isn’t totally safe from Trump’s tariffs. The country still faces a 25% tax on steel and aluminum exports to the US, plus another 25% tariff hanging over Korean automobile imports, which is a major problem for companies like Hyundai and Kia. Both brands are in the top eight car sellers in the US, based on data from Carpro. Korea is also the fourth biggest exporter of steel to the US in 2024, according to the International Trade Administration. Trump’s administration hasn’t removed those specific tariffs. Instead, it just paused the damage until July 8, giving countries like Korea one last shot to avoid more economic hits. Meanwhile, a Thursday report by ANZ said Korea might be able to secure a deal, but its internal politics could stretch the timeline. “While South Korea has good odds of negotiating a trade deal with the US, its electoral calendar may extend the timeline for a comprehensive agreement,” the note said. Korea heads to the polls on June 3 to elect a new president, after Yoon Suk Yeol got kicked out by the Constitutional Court on April 4 for a failed attempt at martial law. The new president’s policies could shift how the next rounds of talks go. It all depends on who wins and what they prioritize in terms of foreign trade and US relations. But Korea doesn’t have the luxury to stall. The numbers aren’t looking good at home. The economy shrunk 0.1% year over year in the first quarter of 2025, the first time that’s happened since the end of 2020. Analysts expected growth of 0.1%, based on polling by Reuters, but got contraction instead. The Bank of Korea blamed the fall on the construction sector, which collapsed by 12.4% compared to the same time last year. On a quarterly basis, the economy dropped 0.2%, swinging down from the 0.1% increase at the end of 2024. On April 17, the Bank of Korea left interest rates untouched at 2.75%, but warned that the country’s GDP growth for 2025 would likely fall below the previous 1.5% forecast set in February. The central bank said consumer demand is falling and exports are weakening due to long-term political uncertainty and bad trade conditions. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now
On April 22, 2025, the total crypto market cap hit $2.74 trillion, showing strong investor confidence. Bitcoin led the surge, breaking past $93,000 for the first time since early March. Bitcoin is trading at $94,105.84 as of April 23, marking a 6.33% gain in the past 24 hours. With a 12.5% increase in the past week, BTC is outpacing the global market, which gained 11%. Daily trading volume has also spiked by 58%, reaching over $57 billion, pointing to renewed market activity. Major altcoins followed suit: Ethereum rose by 11%, XRP gained 5%, and Solana climbed 6%. Interestingly, this surge has spilled over into other corners of the market. While sectors like artificial intelligence saw gains, free cloud mining stood out. Top cloud mining platforms like Hartcoin are now seeing a major spike in user sign-ups, as more investors search for simpler and more passive ways to earn crypto during this bullish run. With all the stress that comes from timing the market, setting up mining rigs, and maintaining expensive hardware, people are shifting toward free cloud mining platforms. It’s a smarter, low-barrier entry point that is perfect for anyone who wants to earn crypto without dealing with the technical side of mining. Understanding Hartcoin: A Top Cloud Mining Platform Hartcoin is a next-level cryptocurrency that’s reshaping the landscape of digital transactions, crypto mining, and staking. Built on state-of-the-art blockchain technology, Hartcoin is not just another platform; it's a top cloud mining solution, offering users a secure, scalable, and highly efficient ecosystem. As one of the most trusted cloud mining platforms, Hartcoin opens up opportunities for both individuals and businesses to earn passively through innovative mining and staking mechanisms. What sets Hartcoin apart is its commitment to providing a seamless experience, whether you’re just mining for free cloud mining opportunities or looking for ways to grow your assets with the highest returns. Beyond transactions, Hartcoin supports emerging sectors like decentralized finance (DeFi) and non-fungible tokens (NFTs), positioning it as a dynamic, future-forward blockchain ecosystem. Unleashing Passive Income Potential: Hartcoin’s Staking Plans Built for Real Growth Staking with Hartcoin is more than just holding tokens; it’s a smart, hands-free way to grow your crypto portfolio. By locking your tokens for a set period, you unlock access to competitive interest rates that scale with your investment amount. Hartcoin Staking Tiers Plan 1 Interest: 0.7% Duration: 30 Days Capital Range: $400 – $12,000 Ideal for beginners looking to dip into staking with stable returns. Plan 2 Interest: 1.2% Duration: 60 Days Capital Range: $12,400 – $40,000 Perfect for those looking to earn more while holding mid-range capital. Plan 3 Interest: 2% Duration: 90 Days Capital Range: $50,000 – $500,000 Best for high-level investors aiming for maximum passive income with strong APYs. Rewriting the Rules of Free Cloud Mining: How Hartcoin Is Unlocking Over $7,888 Daily Earnings for Users! As a trusted cloud mining solution, Hartcoin is delivering outstanding returns for users around the world. With a rapidly expanding global community of over 9M and more than 100,000 new users joining each week, the platform is gaining serious momentum. Hartcoin now boasts a market cap of over $49 billion, with users earning as much as $7,888 daily . This growth isn’t just impressive, it’s proof that Hartcoin is more than just another free cloud mining platform. Hartcoin is setting new benchmarks for success in the digital asset space, offering real value, stability, and long-term earning potential. Why More People Are Choosing Hartcoin: Key Features Powering Its Rise Let’s take a closer look at the key features that are drawing people to Hartcoin and making it one of the top cloud mining platforms in 2025. Multi-Level Referral Rewards: Grow your earnings effortlessly with Hartcoin’s 2-tier referral program. The more you expand your network, the more passive income you generate. Earn: 3% of the people you directly refer 1.5% from the referrals they bring in Global Reach, Simple Experience: Hartcoin is designed with accessibility in mind, offering an intuitive user experience that’s easy to navigate and available to anyone, anywhere in the world. Low Entry, High Returns: Start with just $30 and watch your profits grow with steady returns of up to 3.5%, an unbeatable option for anyone looking to dive into free cloud mining. Top-Notch Security: Feel secure knowing that your account is protected with state-of-the-art encryption and two-factor authentication (2FA). Zero Hidden Fees: Enjoy full transparency with Hartcoin’s no hidden fees policy, ensuring that all your profits go straight to your account. Mine a Variety of Top Crypto Coins: This trusted cloud mining platform makes it easy to mine leading cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC), all in one place. Community-Driven Governance: Hartcoin empowers its stakers with voting rights, allowing them to play an active role in shaping the platform’s future. Final Take: Hartcoin, The Future of Free and Profitable Cloud Mining Hartcoin is designed with one goal in mind: to make cryptocurrency accessible to all. By emphasizing financial inclusion and offering user-friendly blockchain solutions, the platform empowers both individuals and businesses to succeed in the digital economy. With a strong focus on innovation, scalability, and real-world impact, Hartcoin supports everything from secure transactions to powerful mining and staking features. It goes beyond offering free cloud mining by giving users a dependable way to earn passively. Whether you're just stepping into crypto or scaling your portfolio, Hartcoin is a trusted cloud mining solution that delivers a free cloud mining experience that’s simple, smart, and future-ready. Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Dogecoin shows signs of recovery with key support levels maintained. Analysts suggest possible new peaks if critical resistance levels are broken. Continue Reading: Dogecoin Signals Potential Rally as It Holds Key Support Levels The post Dogecoin Signals Potential Rally as It Holds Key Support Levels appeared first on COINTURK NEWS .
The post Is This the Game-Changer Pi Network Needed? appeared first on Coinpedia Fintech News The Pi Network community just got some exciting news — and it could mean big things for the future of Pi. A new app called Fruity Pi was recently approved by the Pi Core Team . But what’s even more interesting is who made it. The app was created by The Article 19 Group Inc., a top game and digital content developer based in Montreal. Why Is This a Big Deal? Because this company isn’t a small-time player. Their client list includes famous global brands like Disney, Nintendo, Adobe, Nickelodeon, MTV, Viacom, HP, and Unilever. This shows that serious, experienced developers are now stepping into the Pi Ecosystem. Pi Network has always said it wants to build a place where developers can make games and apps that accept Pi for in-app purchases. And with a company like The Article 19 Group getting involved, that dream is starting to look very real. Is it the Fruity Pi App or the company behind the app? The Fruity Pi App, deployed in the Pi Ecosystem and approved by the Pi Core Team, was developed by The Article 19 Group Inc. But who exactly is The Article 19 Group Inc.? It is a Montreal-based game developer with an… pic.twitter.com/auFInTGsma — Dr Altcoin (@Dr_Picoin) April 25, 2025 This could help increase the real use of Pi and possibly even raise its future value. If more big developers follow their lead, the Pi Ecosystem could grow faster than expected. Also, with the Consensus 2025 conference coming up in Toronto, the Pi Core Team seems to be speeding up approvals for more DApps and services. Fruity Pi’s recent approval with a purple check mark is a good sign of things moving in the right direction.
RTFKT , the digital brand Nike shut down in December 2024, ran into trouble on April 24 after images from its Ethereum ETH non-fungible tokens (NFTs) suddenly disappeared .
The post Pepe Holds Steady Shile Trump Sparks Market Optimism And Pepeto Eyes 100x Potential appeared first on Coinpedia Fintech News Pepe Coin (PEPE) has shown signs of renewed strength, climbing 17% as it approaches the key resistance level at $0.0000090. This rally comes after a breakout from a lengthy correction phase, indicating a potential shift back toward bullish momentum. Despite this recent push, PEPE’s current market cap and previous explosive gains suggest its upside may now be limited. While some movement is still expected, the likelihood of another 100x run appears slim. Crypto Sentiment: Trump’s Pro-Crypto Tone Lifts Markets Trump’s decision to downplay trade war tensions has sparked renewed confidence across markets. His stance aligns with growing support for digital assets, while Elon Musk’s subtle nod to frog-themed tokens is further fueling speculation that another altcoin season is on the horizon. The Next 100x Meme Coin? Spotlight on Pepeto The emerging wave of frog-themed meme coins is gaining traction, and Pepeto ($PEPETO) is positioning itself as a leader—not just in theme, but in real value. Backed by innovations like Pepeto Exchange, the zero-fee PepetoSwap, and cross-chain bridge technology, the project stands apart from traditional meme plays. Fueling speculation further are circulating rumors that a former PEPE team member is behind Pepeto—a claim highlighted in the project’s storyline, where six key documents were allegedly stolen. If proven true, it could spark a historic moment in the meme coin space and trigger a major wave of attention. With the same total supply as PEPE, $PEPETO is being watched closely as a possible 1000x breakout. How to Buy $PEPETO Investors can access the ongoing $PEPETO presale through the official website of $PEPETO with tokens currently priced at $0.000000124. Purchases can be made using USDT, ETH, BNB, or credit/debit card. Early buyers also unlock access to staking rewards and ecosystem perks ahead of the upcoming exchange listing. Official Links Website: https://pepeto.io Twitter: https://x.com/Pepetocoin Telegram: https://t.me/pepeto_channel Instagram: https://www.instagram.com/pepetocoin/ YouTube: https://www.youtube.com/@Pepetocoin
In a statement that has sparked considerable debate within the digital asset community, Minneapolis Fed President Neel Kashkari recently shared his candid views on the relevance of cryptocurrencies in advanced economies. His remarks, initially reported by First Squawk on X, suggest a deep skepticism regarding the practical applications of crypto, particularly when viewed through the lens of nations boasting sophisticated financial systems and infrastructure. This perspective from a high-profile figure within the U.S. Federal Reserve system offers a stark contrast to the optimistic narratives often surrounding the future of digital assets, especially concerning their potential use case for crypto in mainstream finance. What Did Neel Kashkari Really Say About Crypto? According to reports, Neel Kashkari didn’t mince words when discussing the utility of cryptocurrencies in developed nations. His core assertion is that, despite approximately 15 years having passed since the inception of Bitcoin, a compelling and widespread use case for crypto has yet to emerge in countries with advanced economic structures. He reportedly stated that crypto appears ‘useless’ in such contexts, implying that existing traditional financial systems already efficiently serve the needs that crypto purports to address. Furthermore, Kashkari weighed in on the ongoing conversation around digital asset oversight, clarifying his stance on responsibility. He indicated that the task of establishing comprehensive cryptocurrency regulation falls squarely within the purview of Congress. This point is significant, as it highlights the jurisdictional debates and the perceived need for legislative action to provide clarity and potentially legitimacy to the crypto space, even as figures like Kashkari question its fundamental value proposition in certain economic environments. Is Crypto Truly Useless in Developed Countries? Examining the Claim The assertion that crypto in developed countries lacks a use case is a strong one and immediately invites scrutiny. While it’s true that advanced economies have robust banking, payment, and legal systems, proponents argue that crypto offers unique advantages that even these systems don’t fully provide. Let’s explore some of the potential areas where crypto advocates see value, even in developed nations: Alternative Store of Value: Bitcoin, in particular, is often touted as ‘digital gold,’ a hedge against inflation and economic uncertainty, especially in an era of quantitative easing. Programmable Money and DeFi: Decentralized Finance (DeFi) applications aim to recreate traditional financial services (lending, borrowing, trading) on blockchain, potentially offering greater accessibility, transparency, and efficiency, bypassing traditional intermediaries. Faster and Cheaper Remittances: While traditional systems exist, crypto can potentially offer lower fees and faster transaction times for sending money across borders, even between developed nations. Digital Ownership (NFTs): Non-Fungible Tokens (NFTs) enable verifiable digital ownership of unique assets, creating new markets for art, collectibles, and intellectual property. Censorship Resistance: For some, crypto offers a way to transact or store value outside the direct control of governments or traditional financial institutions, appealing to privacy advocates or those wary of central authority. Technological Innovation: The underlying blockchain technology is seen as a foundational innovation with potential applications beyond currency, in supply chain, voting, identity, etc. However, skeptics like Neel Kashkari would counter that the volatility of crypto makes it a poor store of value, DeFi is complex and risky, remittance savings are often marginal or require complex on/off ramps, NFTs are speculative bubbles, and censorship resistance is primarily needed in oppressive regimes, not stable democracies. These Fed comments on crypto reflect a view that the risks and complexities outweigh the perceived benefits in environments where existing systems function relatively well. Navigating the Complexities of Cryptocurrency Regulation Kashkari’s point about Congress being responsible for cryptocurrency regulation underscores a major hurdle for the industry globally. The decentralized and borderless nature of crypto makes it difficult to fit into existing regulatory frameworks designed for traditional, centralized entities. Different countries and even different agencies within the U.S. (like the SEC, CFTC, Treasury) have varying perspectives on how crypto assets should be classified and overseen. The lack of clear, comprehensive regulation creates uncertainty for businesses, investors, and consumers. It can stifle innovation due to fear of inadvertently breaking rules, while also leaving consumers vulnerable to fraud and market manipulation in unregulated corners of the market. Congress faces the challenge of crafting legislation that protects consumers and financial stability without stifling technological advancement. This involves defining what crypto assets are, how exchanges and custodians should operate, addressing stablecoins, and integrating digital assets into the existing tax and legal systems. These regulatory challenges are particularly pertinent for the widespread adoption of crypto in developed countries , where compliance and legal clarity are expected norms for financial activities. The absence of such clarity contributes to the hesitant stance taken by many traditional financial institutions and regulators. Why the Skepticism? Understanding the Fed’s Viewpoint The Fed comments on crypto from officials like Kashkari are often rooted in their mandate to maintain financial stability, manage monetary policy, and ensure the safety and soundness of the banking system. From this perspective, cryptocurrencies, with their volatility, lack of intrinsic value (unlike fiat currency backed by a government and economy), potential for illicit use, and energy consumption concerns (for proof-of-work chains), present significant risks rather than clear benefits to the established financial order. Central bankers also view their role as providing a stable, reliable medium of exchange and store of value (fiat currency). They might see the speculative nature of crypto markets as a distraction or even a threat to this stability. The idea of a private, volatile, unregulated currency gaining significant traction in a developed economy is fundamentally at odds with the goals of monetary policy and financial supervision. Furthermore, the argument for a use case for crypto often relies on its ability to bypass intermediaries. While this is a feature for some, for regulators and central banks, these intermediaries (banks, exchanges) are crucial points of control for implementing policy, preventing crime, and protecting consumers. A system that bypasses these controls raises red flags regarding oversight and risk management. Perceived Benefits vs. Significant Challenges of Crypto in Developed Economies Let’s summarize the ongoing debate with a look at the often-cited potential upsides versus the undeniable hurdles for crypto gaining widespread utility in developed countries: Perceived Benefits Significant Challenges Potential hedge against inflation/economic instability Extreme price volatility making it a poor store of value for many Technological innovation (blockchain, smart contracts) Complexity and technical barriers for average users Faster, cheaper cross-border transactions On/off ramp issues, regulatory hurdles for mainstream adoption New forms of digital ownership and markets (NFTs) Market speculation, lack of clear legal framework for digital assets Greater financial inclusion (though less critical in developed nations) Security risks (hacks, scams), irreversible transactions Decentralization and censorship resistance Energy consumption concerns (for certain cryptocurrencies) This table highlights the core tension: what proponents see as features, critics often see as flaws or unnecessary complications compared to existing systems. The debate about the true use case for crypto in these economies is far from settled. Actionable Insights for Navigating the Crypto Debate For individuals and businesses operating within or observing the crypto space in developed countries, statements like Kashkari’s offer important considerations: Understand the Skepticism: Recognize that powerful figures in traditional finance and government remain unconvinced of crypto’s fundamental utility in well-established economies. Their concerns about stability, regulation, and consumer protection are real and drive policy discussions. Focus on Real Utility: If you’re building in the crypto space, focus on developing applications that solve genuine problems or offer clear advantages over traditional systems, rather than solely relying on speculative value. Advocate for Clear Regulation: Engage with policymakers and contribute to discussions about sensible cryptocurrency regulation that fosters innovation while mitigating risks. Educate Yourself and Others: The gap in understanding between the crypto community and traditional institutions is vast. Clear, non-technical explanations of blockchain technology and potential applications are crucial. Be Mindful of Risk: Kashkari’s comments serve as a reminder that crypto remains a high-risk asset class, subject to significant volatility and regulatory uncertainty, particularly in developed markets where it is under intense scrutiny. The path for crypto in developed countries will likely be shaped by ongoing technological development, evolving regulatory frameworks, and whether compelling, widespread use cases truly materialize and gain acceptance beyond niche communities. Conclusion Minneapolis Fed President Neel Kashkari ‘s assertion that crypto is ‘useless’ in developed economies is a pointed critique from a significant voice in traditional finance. His view, shared alongside his belief that Congress must lead on cryptocurrency regulation , highlights the fundamental questions surrounding the relevance and utility of digital assets in environments with mature financial systems. While crypto proponents point to potential benefits like alternative value stores, DeFi innovation, and technological advancement, skeptics emphasize volatility, regulatory ambiguity, and the perceived lack of a truly compelling, widespread use case for crypto that surpasses existing solutions. The debate over the future of crypto in developed countries is far from over, reflecting a clash between disruptive technology and established financial order. Ultimately, the trajectory will depend on whether the industry can demonstrate clear, tangible value that resonates beyond speculation and addresses the legitimate concerns raised by policymakers and central bankers. To learn more about the latest crypto market trends, explore our article on key developments shaping cryptocurrency regulation and institutional adoption.
The U.S. Securities and Exchange Commission (SEC) has postponed its decision on several proposed spot cryptocurrency exchange-traded funds (ETFs), according to filings released on Thursday. The applications include ETFs tracking the spot prices of Polkadot (DOT) and Hedera (HBAR), as well as a dual crypto fund focused on Bitcoin (BTC) and Ethereum (ETH). The SEC now has until June 11 to decide on Nasdaq’s filings for the Canary HBAR ETF and the conversion of Grayscale’s Polkadot Trust into an ETF. A separate application by the New York Stock Exchange for Bitwise’s Bitcoin and Ethereum ETF faces a decision deadline of June 10. Canary, Grayscale, and Bitwise Lead Wave of New Crypto ETF Applications Canary Capital, Grayscale Investments, and Bitwise Asset Management are among a growing list of issuers pushing for crypto-focused ETFs. Following the success of spot Bitcoin and Ethereum ETFs launched last year, enthusiasm has surged, with 72 crypto-related ETF proposals currently awaiting SEC approval. Canary Capital has been particularly active, recently filing for a Tron (TRX) ETF with staking features, alongside proposals for Solana (SOL), PENGU, and Sui (SUI) ETFs. Grayscale has also expanded its ambitions with proposed funds for Cardano, XRP, Dogecoin, Litecoin, and Avalanche. Bitwise, meanwhile, has applied for ETFs tied to Dogecoin (DOGE) and Aptos (APT). Both crypto-native firms and traditional financial institutions are racing to launch products tied to crypto assets, derivatives, and blockchain-related equities. Bloomberg ETF analyst Eric Balchunas commented on the influx of filings, calling 2025 a “wild year” for crypto ETFs. There are now 72 crypto-related ETFs sitting with the SEC awaiting approval to list or list options. Everything from XRP, Litecoin and Solana to Penguins, Doge and 2x Melania and everything in between. Gonna be a wild year. Great roundup from @JSeyff pic.twitter.com/IHTqqxeH35 — Eric Balchunas (@EricBalchunas) April 21, 2025 Currently, the Grayscale Bitcoin Trust (GBTC) holds nearly $18 billion in assets under management (AUM), making it the second-largest among the 11 spot Bitcoin ETFs approved last year. Bitwise’s Bitcoin ETF manages about $3.6 billion in AUM. Collectively, U.S. spot Bitcoin ETFs now oversee approximately $100 billion, ranking among the fastest-growing ETFs in history. Following the news, Hedera rose 5%, while Polkadot gained nearly 7% over the past 24 hours. Trump-Era Shift Signals SEC Reassessment of Crypto Regulation The SEC’s recent shift in tone under President Donald Trump reflects a broader effort to reevaluate the agency’s approach to digital assets. As reported, Paul Atkins was sworn in as Chairman of the SEC on Monday, marking a leadership shift that is being welcomed by the digital asset industry. Under Atkins’ leadership, the SEC has already withdrawn or delayed several prominent cases against crypto firms. The agency dropped its lawsuits against Coinbase and Cumberland DRW earlier this year, and a separate investigation into Uniswap Labs closed in February without enforcement action. In the most recent case, the SEC closed its investigation into CyberKongz , a prominent Ethereum-based NFT and gaming project, with no enforcement action taken, the team announced on Tuesday. The post SEC Delays Decision on Spot ETFs for Polkadot, Hedera, and a Fund for Bitcoin and Ethereum appeared first on Cryptonews .