ChainCatcher News, SEC Chairman Paul Atkins will deliver a keynote speech on asset tokenization on May 12. On the same day, the SEC will hold a roundtable discussion titled "Tokenization: Moving Assets Onchain: Where TradFi and DeFi Meet."Attendees from the SEC include: Chairman Paul S. Atkins, Director of the Crypto Working Group Office Richard B. Gabbert, Commissioner Hester Peirce, among others. Other participants include: Cynthia Lo Bessette (Fidelity), Eun Ah Choi (NASDAQ), Will Geyer (Invesco), etc.

ChainCatcher news, according to The block, representatives from BlackRock met with members of the U.S. SEC's cryptocurrency working group to discuss ways to address regulatory issues related to crypto assets, focusing on the staking and options issues of cryptocurrency exchange-traded funds.According to the documents, the meeting discussed "considerations for promoting ETPs with staking functionality" and the parameters for determining crypto ETF options positions and exercise limits, including liquidity thresholds. Additionally, BlackRock discussed specific criteria for approving crypto ETFs.

According to ChainCatcher, as reported by Cointelegraph, SEC Commissioner Caroline Crenshaw publicly stated on May 8 that if the Ripple settlement agreement is approved, it will further undermine the SEC's legal credibility in cryptocurrency regulation and erode the court's role in interpreting securities law. She criticized that such settlements have become a "chain of concessions," harming investor interests and causing the SEC's internal legal position to waver continuously.

ChainCatcher news, according to Cointelegraph, digital asset management company Bitwise has submitted a listing application for a spot NEAR ETF to the U.S. Securities and Exchange Commission, adding a new contender to the growing list of alternative coins vying for regulatory approval.Bitwise's registration statement on May 6 indicates that the ETF will track the price movements of the NEAR token through traditional brokers, net of fees. Bitwise has designated Coinbase Custody as the custodian for the Bitwise NEAR ETF. The management fee, ticker symbol, and listing exchange for the Bitwise NEAR ETF have yet to be determined.

ChainCatcher news, according to former Fox Business reporter Eleanor Terrett, the U.S. Securities and Exchange Commission (SEC) has postponed its decision on the Litecoin (LTC) spot ETF application submitted by Canary Capital and has initiated a public comment period, focusing on assessing whether the ETF meets regulatory requirements to prevent fraud and manipulation. The deadline for comments is May 26 (May 27, Beijing time), and the deadline for rebuttals is June 9 (June 10, Beijing time).This delay is consistent with Bloomberg analyst James Seyffart's prediction yesterday that "it is highly likely they will choose to postpone making a final decision rather than directly approving or rejecting it."

ChainCatcher News, SEC Commissioner Hester Peirce stated that tokenization is a technology with the potential to fundamentally reshape financial markets.

According to ChainCatcher, the U.S. Securities and Exchange Commission (SEC) has announced that its cryptocurrency working group will hold a roundtable on May 12 titled "Tokenization ------ Asset on the Chain: The Intersection of Traditional Finance and Decentralized Finance."Hester M. Peirce, the head of the SEC's cryptocurrency working group, stated that tokenization is a technological development that could fundamentally change many aspects of financial markets.The meeting will take place from 1:00 PM to 5:30 PM Eastern Time on May 12 at the SEC headquarters in Washington, D.C., and will be open to the public and streamed live on the SEC's official website. Additionally, the SEC announced that the roundtable originally scheduled for June 6, titled "Decentralized Finance and the American Spirit," has been rescheduled to June 9.

ChainCatcher news, according to Cointelegraph, the Blockchain Association is urging the U.S. Securities and Exchange Commission (SEC) to adopt a flexible and progressive approach to cryptocurrency regulation under its new leadership. The association stated that as blockchain technology rapidly evolves, the SEC should avoid implementing restrictive policies that could hinder technological innovation and the expansion of application scenarios.The association emphasized that overly strict regulation could undermine the U.S.'s competitiveness in the global blockchain industry. Previously, the SEC's regulatory enforcement in the cryptocurrency sector has sparked widespread controversy, including lawsuits against several crypto companies. The Blockchain Association recommends that the SEC establish a regulatory framework that adapts to technological evolution through open dialogue and collaboration with the industry, in order to balance innovation and compliance.

ChainCatcher news, according to Bloomberg, global asset management giant BlackRock has submitted an application to the U.S. Securities and Exchange Commission (SEC) to create a blockchain-based share class for the BlackRock BLF Treasury Trust Fund, labeled as DLT, which stands for Distributed Ledger Technology. DLT aims to leverage blockchain technology to record stock ownership or streamline certain fund operations of money market funds that invest in high-quality short-term U.S. Treasury securities. DLT shares will only be available for purchase through Bank of New York Mellon (BNY), which plans to use blockchain technology to maintain a mirror record of stock ownership for its clients.

ChainCatcher news, PayPal disclosed in a filing submitted on Tuesday that the U.S. Securities and Exchange Commission (SEC) has terminated its investigation into its dollar stablecoin PYUSD and will not take enforcement action.PayPal stated that the SEC's enforcement division had previously issued a subpoena in November 2023, requesting documents related to PYUSD, and notified that the investigation was closed in February 2025.

ChainCatcher News: U.S. Secretary of Commerce Ross Lutnick said in an interview with CNBC on Tuesday that he has reached a trade agreement with an unnamed country.He stated, "I have a deal that has been reached, reached, reached, reached. But I need to wait for their leaders and their parliament to approve it, and I expect it will be approved soon." This trade agreement will be the first trade deal reached by the Trump administration. However, Lutnick declined to disclose which country it is.

ChainCatcher news, according to official documents, the SEC has postponed the approval of Franklin's XRP spot ETF to June 17.

ChainCatcher news, the SEC has postponed its decision on Bitwise's spot DOGE ETF application until June 15, 2025.

ChainCatcher news, according to BitcoinMagazine, U.S. Secretary of Commerce Howard Lutnick stated that the U.S. will "fully promote the development of the Bitcoin mining industry domestically."

ChainCatcher news, according to Bitcoin.com, asset management company Grayscale met with the SEC's crypto working group on April 21 to apply for permission to stake its Ethereum ETF (ETHE and ETH). The company stated that due to regulatory restrictions, its managed assets of $8.1 billion have missed out on approximately $61 million in potential earnings from the product's launch until February 2025.Grayscale presented three arguments:Similar products in Europe and Canada have successfully implemented staking;Staking can enhance the security of the Ethereum network;A risk control plan has been established, including a "liquidity reserve."Coinbase Custody will provide technical support to mitigate the risk of forfeiture. Currently, U.S. spot Ethereum exchange-traded products (ETPs) cannot fully reflect the value of the underlying assets due to the ban on staking. Grayscale urges the SEC to update regulatory rules in line with traditional financial products.

ChainCatcher news, according to Forbes, the U.S. Securities and Exchange Commission (SEC), under the leadership of new chairman Paul Atkins, is gradually adopting a more orderly and innovation-friendly regulatory approach to digital assets. The SEC has recently issued regulatory guidance on meme coins and stablecoins, providing market participants with clearer compliance directions.However, Eric Trump plans to appear at the Token2049 conference, and the TRUMP token project related to Trump has sparked controversy. Democratic Senators Elizabeth Warren and Adam Schiff have written to request an ethical investigation into the TRUMP token, questioning its practice of using token sales in exchange for meetings with the president.

ChainCatcher news, according to Fxempire, the U.S. SEC has approved three futures ETFs of ProShares Trust for XRP: ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF, and ProShares Short XRP ETF, which will provide investors with a way to gain exposure to price movements without directly holding XRP tokens.ProShares Ultra XRP ETF: Aims to provide twice the returns of XRP futures prices.ProShares UltraShort XRP ETF: Aims to provide twice the inverse returns of XRP futures prices.ProShares Short XRP ETF: Aims to provide inverse returns of XRP futures prices.These three futures ETFs are scheduled to officially start trading on April 30, 2025.

ChainCatcher news, according to Cointelegraph, the U.S. Securities and Exchange Commission (SEC) has approved ProShares Trust's XRP ETF to be publicly listed on April 30.

ChainCatcher news, according to Cointelegraph, SEC Commissioner Hester Peirce stated at the SEC's "Know Your Custodian" roundtable that U.S. financial institutions are playing a game of "the floor is lava" in the dark when dealing with cryptocurrency business.Peirce explained that registrants of the SEC must treat activities related to cryptocurrency as if they were playing "the floor is lava," aiming to jump from one piece of furniture to another without touching the ground, except here, direct contact with cryptocurrency is the lava. "The Washington, D.C. version of this game is our regulatory approach to crypto assets, particularly the custody of crypto assets. Due to unclear regulatory rules, companies wanting to engage in cryptocurrency must avoid directly holding cryptocurrencies.Hester Peirce stated, "Now is the time for us to find a way to end this game. We need to turn on the lights and build some sidewalks over the lava pits."