Ripple (XRP) and Dogecoin (DOGE) rallied Thursday after the U.S. Securities and Exchange Commission (SEC) acknowledged Grayscale’s filings to list spot exchange-traded funds (ETFs) for both cryptocurrencies.

The US Securities and Exchange Commission (SEC) has officially recognized Grayscale’s proposal for a Dogecoin (DOGE) exchange-traded fund (ETF). This development comes as part of the SEC’s standard process for reviewing ETF proposals.

A federal judge in Washington, D.C., on Thursday put the U.S. Securities and Exchange Commission's civil lawsuit against Binance on hold for 60 days, granting a joint request by the regulator and the world's largest cryptocurrency exchange.

There has been a lot of debate the past few months about what the SEC would do with its ongoing crypto litigation and now we have the answer,” said Am Law 10 firm partner Ladan Stewart.

U.S. District Judge Amy Berman Jackson granted the joint motion to stay the SEC’s lawsuit against Binance for 60 days. Both Binance and the SEC had submitted a joint filing to the court late on Monday requesting a hold on the lawsuit,

SEC Chair Uyeda began the process to permanently end the Climate-Related Disclosure Rule for large businesses.

Doug McIntyre discusses the SEC’s likely decision to drop the climate risk disclosure rule under the new administration. He compares the U.S. stance to Europe’s and Asia’s regulations, highlighting the potential impact on investors.