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SEC denies rulemaking petition filed by Coinbase

The Securities and Exchange Commission (SEC) has denied the rulemaking petition filed by Coinbase. SEC Chair Gary Gensler says current laws enough for investor proections. Commissioners Hester Peirce and Mark Uyeda have released a statement disagreeing with the Commission’s decision. The Securities and Exchange Commission (SEC) has denied a crypto rulemaking petition filed by US-based…


  • The Securities and Exchange Commission (SEC) has denied the rulemaking petition filed by Coinbase.
  • SEC Chair Gary Gensler says current laws enough for investor proections.
  • Commissioners Hester Peirce and Mark Uyeda have released a statement disagreeing with the Commission’s decision.

The Securities and Exchange Commission (SEC) has denied a crypto rulemaking petition filed by US-based crypto exchange Coinbase.

SEC Chair Gary Gensler said in a statement published on Friday that he supports the Commission’s decision. He cited three reasons for his outlook on the agency’s latest course of action in relation to the quest for clear regulatory rules.

I was pleased to support the Commission’s decision for three reasons,” Gensler stated. 

First, existing laws and regulations apply to the crypto securities markets. Second, the SEC addresses the crypto securities markets through rulemaking as well. Third, it is important to maintain Commission discretion in setting its own rulemaking priorities.

Gensler says current laws apply to crypto

The SEC Chair’s comments, on the back of the government agency’s push back against new tailor-made crypto rules, follows recent enforcement actions and lawsuits against major crypto companies and players for alleged securities violations. 

These include Coinbase, Binance and Kraken among others.

Meanwhile, the industry, in the wake of the collapse of crypto exchange FTX, has accused the SEC of doing nothing to protect investors amid its crackdown on exchanges. But Gensler says the existing laws are sufficient for investor and industry players’ protection.

There is nothing about the crypto securities markets that suggests that investors and issuers are less deserving of the protections of our securities laws. Congress could have said in 1933 or in 1934 that the securities laws applied only to stocks and bonds. Instead, Congress included a long list of 30-plus items in the definition of a security, including the term “investment contract”,” the SEC Chair noted.

Gensler has maintained that most crypto assets are investment contracts and therefore subject to federal securities laws. This year, a US court declared that XRP, which the Commission alleged to be a security, was not. But despite the legal losses against Ripple, subsequent lawsuits by the watchdog have listed multiple tokens as unregistered securities.

Noting that the SEC’s rulemaking as it addresses crypto securities, Gensler said he disagrees with Coinbase’s assertion that “now is the right time” for a change to the rulemaking.

According to the SEC Chair, several crypto-related cases and undertakings are underway and results of these could inform whether or not a change to the regulatory regime is needed.

In a separate statement, SEC Commissioners Hester Peirce and Mark Uyeda said they “disagree with the Commission’s decision.” 

Commissioner Uyeda and I responded to today’s denial of Coinbase’s rulemaking petition: https://t.co/uBC9Bujhqd

— Hester Peirce (@HesterPeirce) December 15, 2023

The two Commissioners note that the petition raises key issues related to new technologies and that addressing them is “a core part of being a responsible regulator.”


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Unlock Huge Potential with the Next Big Best Cryptos to Buy in 2025

Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.


Crypto’s heating up again, and serious community members know that when the market buzzes like this, it’s not the time to snooze. Layer 1 blockchains are flexing, DeFi’s tightening its grip, and asset tokenization is making serious waves in traditional finance circles. Smart participants aren’t just looking at Bitcoin anymore—they’re hunting for the next big best crypto to buy before the next bull run stamps its mark on 2025.

Qubetics ($TICS) is standing tall in that crowd. Where older chains got stuck on clunky apps and fragmented assets, Qubetics is building something bigger: a Real World Asset Tokenization Marketplace that could completely change how businesses, professionals, and even everyday buyers handle real-world ownership. That’s why Qubetics, Celestia, Stellar, Tron, and Toncoin deserve a serious look as the next big best crypto to buy.

1. Qubetics ($TICS) – Powering the Future of Real-World Asset Tokenization

The financial system is long overdue for a major facelift, and Qubetics is rolling out the blueprints. Its Real World Asset Tokenization Marketplace lets users turn real-world assets—think property, fine art, or even intellectual property—into blockchain-verified, tradable digital assets. Now imagine a real estate agent in Miami tokenizing luxury condos for international buyers. Or an artist in Toronto minting exclusive limited-edition collections directly to a global audience.

Qubetics’ platform isn’t just about tokenization—it’s built for compliance, real-world audits, and secure legal frameworks. That’s critical for North American businesses where regulation can’t be brushed off. Professionals, businesses, and solo entrepreneurs can finally access liquidity, transparency, and markets that used to be chained behind layers of paperwork.

Crypto Presale and ROI Predictions

And the numbers? Absolutely bonkers. Qubetics’ crypto presale is in its 32nd stage, having sold more than 510 million $TICS tokens to over 25,400 holders, raising north of $16.5 million. Current stage price? A super-accessible $0.2093 per token.

Analysts are mapping serious upside here. Hit $1 post-presale? That’s 377% ROI. Swing to $5? 2,288%. Touch $6? 2,766%. Crush $10-$15 after the mainnet goes live and buyers are staring down a ridiculous 4,677%-7,066% return. Those are the kind of numbers that could turn early backers into major players.

Why did this coin make it to this list? Qubetics’ focus on real-world utility and unmatched tokenization tech make it an obvious pick for the next big best crypto to buy.

2. Celestia (TIA) – The Modular Blockchain Standard

Celestia’s modular blockchain vision is quietly shaking up how developers build dApps. Instead of fighting over monolithic chains, Celestia’s rollup-focused design lets new blockchains deploy like plug-and-play apps—simple, flexible, and lightweight.

Projects in Silicon Valley are already jumping on the Celestia train. DeFi protocols, gaming startups, and even enterprise data firms are rolling out their own custom chains atop Celestia. In real terms? A fintech company in New York could build a private, high-speed blockchain for their payment app without touching Ethereum’s messy congestion.

Celestia’s scalability, security, and flexibility are exactly what builders have been begging for—and it’s delivering without the drama.

Why did this coin make it to this list? Celestia’s modular architecture and booming dev adoption make it a no-brainer as a next big best crypto to buy.

3. Stellar (XLM) – Dominating the Global Payments Space

Stellar’s not resting on its “remittance coin” reputation anymore. Over the last year, Stellar’s partnership with MoneyGram and Circle’s USDC expansion on the network has turned it into a global payments juggernaut.

For example, a freelance graphic designer in Austin can now receive USDC payments over Stellar’s blockchain almost instantly from clients in Berlin, Tokyo, or Toronto—and cash out at a local MoneyGram kiosk if needed. No delays, no crazy fees.

Transaction volumes are climbing. Daily active wallets are trending up. And the speed and costs make Stellar’s chain almost impossible to beat for cross-border value transfer.

Why did this coin make it to this list? Stellar’s real-world financial impact and unmatched payment speed make it one of the smartest next big best cryptos to buy.

4. Tron (TRX) – The Stablecoin Powerhouse

Tron’s getting a second wind thanks to its absolute chokehold on stablecoin transactions. It now processes more USDT transactions than Ethereum—and it’s not even close.

In real-world terms, this means small businesses in New York, Miami, and Vancouver are paying freelancers and suppliers overseas using Tron’s network because it’s fast, dirt-cheap, and crazy reliable. It’s the kind of quiet but deadly advantage that few realize until the transaction fees start slashing profits.

And Tron’s partnerships, like the massive blockchain gaming initiatives and emerging DeFi integrations, are extending its use cases way beyond just Tether payments.

Why did this coin make it to this list? Tron’s stablecoin supremacy and growing adoption lock it firmly into the conversation for next big best crypto to buy.

5. Toncoin (TON) – Powering Telegram’s Web3 Expansion

Toncoin’s comeback story could fill a Netflix mini-series. After regulatory hurdles derailed its original plans, it’s back—leaner, meaner, and plugged directly into Telegram’s 800 million+ user base.

Now, users can send crypto directly through Telegram chats, with Toncoin serving as the network’s financial backbone. It’s simple, it’s fast, and it’s baked into one of the most popular messaging apps on the planet.

From small businesses in LA handling cross-border transactions to artists selling NFTs directly to fans, Toncoin’s seamless payment rails could spark a crypto adoption explosion inside a platform folks are already addicted to.

Why did this coin make it to this list? Toncoin’s massive audience reach and slick integration into everyday messaging habits make it a heavy hitter among the next big best crypto to buy.

Final Thoughts

The next big crypto wave won’t wait around for latecomers. Qubetics, Celestia, Stellar, Tron, and Toncoin are all locking down their lanes now, solving real problems with real-world users. Sitting back could mean missing out on the biggest plays of 2025. Those making moves today might just be the ones celebrating when the rest of the world wakes up.

Join the Qubetics presale today and secure massive ROI as the presale progresses- don’t miss out on this life-changing opportunity.

For More Information:

Qubetics: https://qubetics.com

Presale: https://buy.qubetics.com/

Telegram: https://t.me/qubetics

Twitter: https://x.com/qubetics

FAQs

  • How is Qubetics changing the crypto market?

Qubetics is leading real-world asset tokenization, making physical assets tradable on-chain.

  • How much has Qubetics raised during its crypto presale?

Qubetics has raised over $16.5 million from 25,400+ holders so far.

  • Why is Celestia important for the next generation of blockchains?

Celestia’s modular architecture lets projects deploy customized blockchains quickly and securely.

  • What makes Stellar a top crypto for real-world use?

Stellar enables fast, cheap, global payments, backed by major partnerships like MoneyGram.

  • How is Toncoin linked to Telegram’s expansion?

Toncoin powers peer-to-peer crypto transactions inside Telegram, making crypto transfers as easy as texting.

Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.

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Green Bitcoin? Over 52% of Mining Now Uses Sustainable Energy

The latest Cambridge Centre for Alternative Finance report confirms the United States and Canada dominate global bitcoin mining, collectively controlling over 80% of reported activity. Bitcoin mining is now 52.4% reliant on sustainable energy, with hydropower (23.4%) and wind (15.4%) as leading sources. North America Dominance According to the latest Cambridge Centre for Alternative Finance [……
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FTX claims: Creditors in Russia, China, Ukraine among those temporarily unable to participate

FTX creditors in several countries, China, Russia and Ukraine included, unable to participate in claims. The FTX bankruptcy estate is however said to be evaluating options. The FTX estate has begun its creditor repayments that could see more than $16 billion go to eligible creditors across the globe. However, as FTX creditor Sunil Kavuri noted…


  • FTX creditors in several countries, China, Russia and Ukraine included, unable to participate in claims.
  • The FTX bankruptcy estate is however said to be evaluating options.

The FTX estate has begun its creditor repayments that could see more than $16 billion go to eligible creditors across the globe.

However, as FTX creditor Sunil Kavuri noted in a post on X on Feb. 21, the bankrupt crypto exchange is temporarily unable to process distributions to creditors in multiple countries.

In the post Sunil shared, FTX creditors in several countries, including Russia, China, Ukraine, Nigeria and Egypt are currently unable to participate in the distributions.

FTX Claims

A lot of claims are from Jurisdictions not eligible for FTX distributions at the moment which include:

Russia, China, Egypt, Nigeria, Ukraine

FTX is reviewing options

China is the largest with 8% of customers pic.twitter.com/Ts1iToqhAL

— Sunil (FTX Creditor Champion) (@sunil_trades) February 21, 2025

What happens next?

This ineligibility cuts across five regions, with China accounting for the largest share of customers at 8%. Per some user commentary, some Chinese users have reported “disputed status” claims, which Sunil says is also part of the temporarily unavailable distributions.

Notably, the FTX estate is reportedly evaluating its options

FTX announced the commencement of the initial distributions to the group of customers dubbed “Convenience Classes.” This group, in FTX’s Chapter 11 reorganization plan, are those with claims under $50,000. In its announcement on February 18, 2025, FTX said customers would receive their distributions within 1-3 business days.

According to the collapsed exchange’s bankruptcy estate, customers who miss this initial distribution will have to wait until May 30, 2025.

“The next record date for Convenience Claims that have become allowed since the initial record date and have not received their distribution is set for April 11, 2025. The Next Distribution is expected to commence on May 30, 2025,” they posted on X.

FTX imploded in November 2022, with founder & CEO Sam Bankman-Fried later arrested and charged. He was found guilty in November 2023 and sentenced to 25 years for defrauding customers and investors.


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