In today's crypto news, Galaxy Digital has received approval from the US Securities and Exchange Commission (SEC) to redomicile in the US, paving the way for its Nasdaq listing under the ticker symbol GLXY. The company aims to complete this transition by mid-May, pending shareholder approval. Meanwhile, German authorities have seized $38 million in assets related to the Bybit hack, marking a significant moment in the fight against cryptocurrency crime. The seizure involved various digital assets and the shutdown of the eXch platform, which had allegedly facilitated laundering activities connected to the $1.4 billion hack of Bybit. In regulatory news, SEC Commissioner Caroline Crenshaw has criticized the recent Ripple settlement, voicing concerns that it could undermine the SEC’s regulatory authority and erode the credibility of its enforcement actions. Crenshaw argues that the settlement may lead to a regulatory vacuum that could negatively affect the investing public.

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