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SEC Intensifies Scrutiny of Crypto Industry: Recent Developments and Concerns

Gary Gensler Maintains Regulatory Stance on Crypto at Investor Advisory Committee Meeting

US Securities and Exchange Commission Chairman Gary Gensler expressed concerns for more investor protection in the cryptocurrency markets at an Investor Advisory Committee meeting last week. The Investor Advisory Committee advises the SEC on regulatory necessities, including “initiatives to protect investor interests and to promote investor confidence and the integrity of the securities marketplace.” The […]

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Ripple vs.SEC Lawsuit: XRP Holders Can Now Assist in Legal Hearings

Ripple Labs has registered another snack win in its ongoing lawsuit with the US Securities and Exchange Commission (SEC) after US District Judge Analisa Torres granted the status of “amici curiae” to the XRP community in the lawsuit. Prominent XRP advocate and lawyer to the blockchain startup John Deaton also received special status from the […]

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Coinbase Wins Legal Milestone in Fight for Crypto Regulatory Clarity

Coinbase Faces Legal Action from SEC for Its Proposed Lending Program

The US Securities and Exchange Commission (SEC) has indicated that it could charge Coinbase with breaking security laws with its proposed yield program. In a blog post released earlier today, Paul Grewal—the Chief Legal Officer at Coinbase—revealed that the agency sent a Wells notice to the exchange, which regulatory bodies send to prospective respondents notifying […]

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Uniswap Under Probe from SEC: Unofficial Sources To WSJ

According to a report from the Wall Street Journal, unofficial sources claim that the SEC currently probes prominent DEX Uniswap Labs. While the SEC has not made any comment on the development, a Uniswap Labs spokesperson told WSJ that: “[Uniswap is] committed to complying with the laws and regulations governing our industry and to providing […]

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Ripple vs. SEC: SEC Argues Against Punishment and Override of DPP

In the ongoing Ripple vs. SEC legal battle, the SEC recently filed an opposition against Individual Defendants’ Motion challenging the SEC’s improper assertion of the Deliberative Process and other privileges (DPP). The Commission has asserted its position against the discovery of internal and inter-agency documents protected by DPP. The SEC urged the court not to […]

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Cardano’s Social Sentiment Surges

Grayscale Lists Its Digital Large Cap Fund as an SEC-Reporting Product

After filing the Bitcoin and Ethereum Trusts, Grayscale, the world’s largest cryptocurrency asset manager, has successfully listed its Digital Large Cap Fund with the SEC as a reporting product. The behemoth digital asset manager has also filed three other Registration Statements with the regulatory body. The investment company filed a Registration Statement on Form 10 […]

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