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Regulatory crackdown spawns anti-SEC 'CultureCoin'
16.5.2024
Creators of NotWifGary aim to "stand [their] ground against Gary Gensler and the SEC" in support of Ethereum and open-source developers
Robinhood Met With SEC 16 Times Before Wells Notice, CEO Vlad Tenev Says
9.5.2024
Robinhood and its CEO Vlad Tenev met with the United States Securities and Exchange Commission (SEC) 16 times before the commission sent the crypto company a Wells Notice, the CEO revealed in a Wednesday interview with CNBC. News of the meetings come as the crypto company's quarter 1 earning...
SEC doesn’t want Ethereum to transform banking landscape, says Joseph Lubin
9.5.2024
Ethereum co-founder Joseph Lubin says the SEC is engaging in strategic enforcement action instead of engaging in meaningful discourse with the cryptocurrency industry
Robinhood Q1 crypto trading surges 224% — SEC action ‘disappointing’
9.5.2024
Robinhood’s crypto services contributed to nearly 40% of the firm’s transaction-based revenue and helped the firm produce a net profit for the second straight quarter
Robinhood CEO Criticizes ‘Regulatory Onslaught’ on Crypto US, Pledges to Challenge SEC
8.5.2024
Expressing his discontent, Tenev characterized the SEC's regulatory actions as part of a broader "regulatory onslaught" that, in his view, stifles innovation and handicaps American firms and investors.
The post Robinhood CEO Criticizes ‘Regulatory Onslaught’ on Crypto US, Pledges...
Robinhood Prepares to Fight SEC in Court Over Crypto, CEO Reveals
8.5.2024
Robinhood Markets is preparing to fight the U.S. Securities and Exchange Commission (SEC) in court to defend its crypto business and establish “regulatory clarity in the United States for the benefit of our customers,” CEO Vlad Tenev said after his company received a Wells notice from...
SEC Issues Wells Notice to Robinhood Over Crypto Operations
6.5.2024
A report indicates that the U.S. Securities and Exchange Commission (SEC) has issued a Wells Notice to the financial services provider Robinhood. This action by the SEC concerns the company’s operations in the cryptocurrency sector and its listing of crypto assets. SEC Mulls Enforcement...
Uniswap Labs Receives SEC Wells Notice, Founder Vows to Fight
10.4.2024
In a recent social media post, Hayden Adams, the founder of Uniswap Labs, announced that the company has received a Wells notice from the Securities and Exchange Commission (SEC), expressing his disappointment and determination to contest the notice. SEC Sends Decentralized Exchange Uniswap a Wells...
What is a Wells notice, explained
7.5.2023
A Wells notice is a letter from the SEC indicating possible enforcement action against a person or a firm
Lawyer Expects SEC to Lose if It Sues Coinbase Due to ‘Fatal Flaw’ of Gary Gensler’s Own Making
7.5.2023
A lawyer has explained why the U.S. Securities and Exchange Commission (SEC) will likely lose if the regulator takes crypto exchange Coinbase to court over alleged securities law violations. “The problem is entirely of Gary Gensler’s own making,” he stressed. Lawyer Expects SEC to Lose Against...
Coinbase share price spikes 7.9% as Q1 results beat expectations
5.5.2023
Coinbase CEO Brian Armstrong called the quarter a "turning point" for the company as it worked towards a more "financially disciplined" firm
Coinbase Shares Wells Response, Challenges SEC’s Change in Attitude Towards Its Core Businesses
28.4.2023
On April 27, Coinbase, the crypto exchange based in San Francisco, made public the disclosure of its response to the Wells notice it had received from the U.S. Securities and Exchange Commission (SEC) back in March. The company maintained that the regulatory body’s enforcement actions were...
‘Crypto is dead in America’: Tech billionaire Chamath Palihapitiya
25.4.2023
Palihapitiya did concede the crypto sector has “pushed more boundaries” than other startup sectors which may have attracted the SEC’s attention
Scaramucci: 'We're through the bear market' as Bitcoin notches up 70% YTD
7.4.2023
Bitcoin’s strong start to 2023 is persisting despite numerous headwinds, and is currently outperforming the S&P 500 Index by nearly 60 percentage points
'US has left a vacuum that other countries are eager to fill': Coinbase
25.3.2023
While the U.S. government opts for “regulation by enforcement,” other countries are fostering “vibrant” crypto ecosystems due to progressive regulation, argues Coinbase’s Daniel Seifert
Cathie Wood's ARK loading up on Coinbase shares again, buying $18M
24.3.2023
ARK Invest purchased 269,928 shares in Coinbase on March 23, only two days after it sold $13.5 million, its first sale of Coinbase shares this year
Coinbase CEO on its Wells Notice: SEC is like soccer referees in a game of pickleball
23.3.2023
Brian Armstrong made the interesting analogy when asked to explain the firm's recent "Wells Notice" in "NFL terms."
SEC Informs Crypto Exchange Coinbase of Potential Securities Law Violations
23.3.2023
The U.S. Securities and Exchange Commission (SEC) has sent Coinbase a “Wells notice” about potential violations of securities law. The Nasdaq-listed cryptocurrency exchange noted that, unlike what SEC Chairman Gary Gensler said, the securities regulator “will not let crypto...
Circle squashes rumors of planned SEC enforcement action
14.2.2023
Rumors swirled on Twitter that the stablecoin issuer received a litigation notice from the U.S. securities regulator but a Circle executive rebuffed the claim
Paxos ‘categorically disagrees’ with the SEC that BUSD is a security
14.2.2023
Paxos said it will engage with the US securities regulator on the matter and is prepared to "vigorously litigate if necessary."