COINDESK DAILY: $IMX Surge, SEC Ends Immutable Investigation
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 26 March 2025
⏱️ 4 minutes
🧾️ Download transcript
Summary
Host Christine Lee breaks down the latest news in the industry as IMX token jumps after the SEC ends enforcement threats against Immutable.
IMX token jumps after the SEC ends enforcement threats against Immutable. Plus the U.S. FDIC drops "reputational risk" banking discrimination against crypto firms and Fidelity Investments develops its own stablecoin. CoinDesk's Christine Lee breaks it down on "CoinDesk Daily."
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This episode was hosted by Christine Lee. “CoinDesk Daily” is produced by Christine Lee and edited by Victor Chen.
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Transcript
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| 0:49.9 | Several wins for the crypto industry as US regulators back off efforts to cripple companies. |
| 0:55.0 | It's Wednesday, March 26, 2025. I'm Christine Lee. This is Coin Ness Daily. |
| 1:04.0 | IMX tokens surging after US Securities and Exchange Commission dropped its investigation into Web3 |
| 1:11.3 | Gaming platform Immutable, ending threats of enforcement charges. Immutable, an Australian |
| 1:16.9 | company, disclosed that it had received a Wells notice, essentially an official heads-up from the |
| 1:21.5 | SEC that it intends to file an enforcement action against the recipient in November. At the time, |
| 1:27.2 | the firm speculated that the SEC's investigation was tied to its listing |
| 1:31.1 | and private sales of its native IMX token back in 2021. |
| 1:36.2 | The SEC has closed numerous investigations against crypto companies in recent weeks. |
| 1:41.4 | The U.S. Federal Deposit Insurance Corporation is ending its practice of banking discrimination |
| 1:47.0 | against crypto companies. |
| 1:49.0 | Republican staff at the US Senate Banking Committee posting on X, the FDIC is going to eliminate |
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