# Сопутствующие статьи по теме Regulation

SEC flags Bitcoin miner hosting services as subject to securities laws

The US Securities and Exchange Commission (SEC) has filed a lawsuit against Bitcoin mining firm VBit and its founder, Danh Vo, alleging fraud and misappropriation of approximately $48 million in investor funds. The SEC claims that VBit’s third-party mining agreements qualify as securities under the Howey test, arguing that purchasers expected passive income and relied entirely on VBit’s efforts for profits. The agency also accused VBit of operating outside industry standards by pooling hashrate under its control and failing to provide transparency to investors. However, industry experts, such as Blockware Intelligence’s Mitchell Askew, argue that legitimate hosted mining services—where clients buy hardware and electricity without profit-sharing or pooled capital—do not constitute securities. The case reflects lingering enforcement approaches from the Biden administration, though the SEC under Trump has been perceived as more industry-friendly. The outcome may not broadly impact the hosted mining sector, as legitimate operations are considered distinct from investment contracts.

cointelegraph12/19 03:25

Digital Wallets Surge, While Regulators Play Catch-Up'

Digital wallets are rapidly evolving beyond simple payment tools to encompass lending, investments, crypto assets, digital IDs, and virtual cards, while regulators struggle to keep pace with outdated rules. In the U.S., PayPal (32%), Cash App (25%), and Apple Pay (20%) lead the market, with 77% of adults using at least one major wallet. The CFPB attempted to impose stricter oversight on large non-bank payment providers like Google, Apple, and PayPal through a 2023 proposal, but it was overturned by Congress and President Trump in 2025. Despite this, digital wallets remain subject to a complex web of state and federal regulations, including money transmission licensing, Reg E, UDAAP rules, and FinCEN requirements. Experts warn that inconsistent enforcement and expanding wallet functionalities create compliance challenges, and a loss of consumer trust could trigger renewed regulatory pressure. Key issues include unclear user protections, reliance on banking partners, and potential state-level enforcement if federal oversight weakens.

marsbit12/19 03:08

Bitwise files with SEC to offer spot SUI ETF

Bitwise has filed with the SEC to launch a spot SUI ETF, tracking the native token of the Sui Network. The firm submitted a Form S-1 registration, though a ticker symbol has not yet been announced. Coinbase Custody will serve as the custodian. This would be the first spot SUI ETF in the U.S., following earlier filings from Canary Capital and 21Shares, the latter of which recently received approval for a leveraged SUI ETF. SUI, launched in 2023, is the 31st-largest cryptocurrency with a $4.98 billion market cap. Bitwise recently added SUI to its existing crypto index fund and has also launched spot Bitcoin, Ether, and XRP ETFs. The firm anticipates rapid growth in the crypto ETF market in 2026.

cointelegraph12/19 02:51

Crypto has everything needed for a bull market, so why is the market down?

Despite numerous positive drivers such as increased liquidity, a pro-crypto U.S. government, ETF launches, and institutional buying, the crypto market is on track to end 2025 lower than it started. Analysts question why the market isn’t in a bull run, with some suggesting structural issues or excessive leverage are to blame. Selling pressure persists from long-term holders, technical traders, and cycle theorists. While some declare a bear market has already begun, others highlight strong fundamentals, including regulatory progress and institutional adoption, calling 2025 a foundational year for long-term growth.

cointelegraph12/19 02:42

Crypto Treasury Firms Face $15B Selling Pressure From MSCI Decision

Analysts estimate that passive funds could pull between $10 billion and $15 billion from companies holding significant crypto assets if MSCI proceeds with a proposed rule change. The index provider is reviewing a policy to exclude firms holding over 50% of their assets in digital currencies from its benchmarks, a decision expected by January 2026. If enacted, index-tracking funds would be forced to sell shares of affected companies. JPMorgan analysis singles out MicroStrategy as the most impacted, potentially facing $2.8 billion in outflows. Beyond stock sales, there is a risk the companies themselves might liquidate crypto holdings, adding direct selling pressure to both equity and crypto markets. Industry groups are pushing back against the proposal, arguing for an operations-based classification instead.

bitcoinist12/19 01:03

Crypto CLARITY Act set for Senate markup in January, says Sacks

The long-awaited Crypto CLARITY Act is set for a Senate markup in January, according to White House AI and crypto czar David Sacks. Senate Banking Committee Chair Tim Scott and Agriculture Committee Chair John Boozman confirmed the bipartisan bill will advance next month. The legislation aims to define crypto securities and commodities, clarify regulatory roles between the SEC and CFTC, and reduce uncertainty for crypto firms. Supporters say it will establish clearer compliance pathways, encourage innovation, and strengthen investor protections. Work on the bill continued during the recent government shutdown, with regulators meeting executives from major crypto companies and venture firms.

cointelegraph12/18 22:33

Federal Reserve Withdraws Crypto Rules, Banks Get More Freedom

bitcoinist12/18 22:01

Intuit to use Circle’s stablecoin for financial platforms

Intuit, the company behind TurboTax, QuickBooks, and Mailchimp, has entered a multi-year strategic partnership with Circle to integrate its stablecoin infrastructure and USDC. The collaboration aims to enable faster and lower-cost payments across Intuit’s platforms for business transactions, tax refunds, and marketing. Circle CEO Jeremy Allaire emphasized that the deal will extend the efficiency of USDC for everyday financial use. USDC is the second-largest stablecoin with a market cap exceeding $77 billion. The U.S. stablecoin market is expected to grow significantly following the passage of the GENIUS Act, which provides regulatory clarity for issuers. This announcement follows the OCC’s conditional approval of Circle for a national trust bank charter, a move also extended to other crypto firms like Ripple and Paxos, signaling broader institutional adoption of digital assets.

cointelegraph12/18 18:23

SoFi rolls out US dollar stablecoin issued by bank subsidiary

SoFi Technologies has launched SoFiUSD, a fully reserved stablecoin issued by its banking subsidiary, SoFi Bank. The stablecoin is backed one-to-one by cash and is redeemable on demand. Initially issued on Ethereum, it is designed for low-cost settlement across payments, card networks, remittances, and enterprise platforms. SoFi's stock rose 5% following the announcement. This move aligns with a broader trend of major U.S. banks, including JPMorgan Chase and Citigroup, exploring stablecoins following the passage of the GENIUS Act, which clarified the regulatory framework for such digital tokens in the United States.

cointelegraph12/18 18:10