Chairman of the US Securities and Exchange Commission (SEC) Gary Gensler recently authored an opinion article about how he believes crypto assets should be regulated in Wall Street Journal. Gensler noted in the article: “There’s no reason to treat the crypto market differently from the rest of the capital markets just because it uses a […]
In another bout of regulatory scrutiny, the US Securities and Exchange Commission (SEC) has accused Coinbase of listing nine crypto asset securities. The regulatory watchdog also accused a former Coinbase employee of “violating the antifraud provisions of the securities laws” on insider trading. The Commission published its complaint on Thursday, where it listed nine crypto […]
US Securities and Exchange Commission (SEC) Chairman Gary Gensler believes that cryptocurrency regulation should have “one rule book,” according to a report from the Financial Times last week. Gensler hopes to reach an agreement with the Commodity Futures Trading Commission (CFTC) to create synergy in regulation and avoid gaps in oversight. The SEC boss asserted: […]
Ripple (XRP) traded at the mercy of the broader market sentiment over the past few days amid the unavailability of updates from the ongoing US Securities and Exchange Commission (SEC) vs. Ripple case. Since last Thursday, the Ripple community has availed a court order ruling on recent claims by the SEC that all controversial Hinman […]
The US Securities and Exchange Commission (SEC) has launched an investigation into the conduct of Terraform Labs and its algorithmic Stablecoin Terra Classic UST (USTC), according to a Bloomberg report on Thursday. UST lost its dollar peg in early May, which triggered a market-wide meltdown leading to the collapse of Luna Classic (LUNC). Both USTC […]
Binance has come under regulatory scrutiny again, this time with the SEC. The United States Securities and Exchange Commission (SEC) recently launched an investigation on the behemoth cryptocurrency exchange to ascertain whether it violated securities laws with its BNB token initial coin offering (ICO) five years ago. The latest regulatory report was published by Bloomberg […]
In a recent interview with CNBC, Securities and Exchange Commission (SEC) Commissioner Hester Peirce noted that the US has “dropped the ball” on cryptocurrency regulation. The Commissioner is known for her support of the industry, which has earned her the nickname “crypto mom.” Peirce talked about the regulatory challenges in the crypto industry in the […]
The US Securities and Exchange Commission (SEC) has come under fire by US lawmakers for its obsession with crypto regulation enforcement. This critique comes after the regulatory watchdog announced that it had almost doubled the size of its cryptocurrency enforcement unit. On Tuesday, some lawmakers and SEC Commissioner Hester Peirce criticized the Commission for its […]
The CEO of Ripple, Brad Garlinghouse, recently asserted that the ongoing lawsuit with the United States Securities and Exchange Commission (SEC) has neared its end, as he expects a resolution before the end of 2022. In an interview with Fox Business, Garlinghouse asserted that the legal battle with the regulatory watchdog has gone “quite well” […]
