Galaxy CEO Calls Nasdaq Move a “Milestone” for Expanding Access to Crypto and AI
Galaxy CEO and founder Mike Novogratz described the step as a “milestone” in a statement on April 30, emphasizing that it will strengthen Galaxy’s role in bridging investor access to the digital asset and artificial intelligence sectors.
0
0
0
Consequently, Ripple was ordered to pay a $125 million civil penalty.
In March 2025, Ripple and the SEC reached a settlement. Under the agreement, Ripple would pay $50 million of the previously imposed fine, with the remaining $75 million returned to the company.
Both parties agreed to drop their respective appeals...
0
0
0
The task force has also reversed many previous enforcement actions targeting crypto firms.
Among the delayed cases are the Grayscale Ethereum Trust and Ethereum Mini Trust, which sought to stake held ETH, and VanEck’s Bitcoin and Ethereum Trusts, which proposed allowing in-kind transactions using crypto instead of cash.
0
0
0
