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Bitnomial Exchange Sues U.S. SEC, Alleging Regulatory Overreach
11.10.2024
Bitnomial's action follows a similar suit filed by Crypto.com on Tuesday
Crypto.com Files Suit Against SEC Over Expanded Jurisdiction Claims
8.10.2024
Crypto.com has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC), challenging the regulator’s authority over the sale of digital assets on secondary markets. The lawsuit, filed in the United States District Court for the Eastern District of Texas, alleges that the...
SEC’s Regulatory Overreach Challenged in Court: Motion Filed to Vacate ‘Dealer’ Rule
22.5.2024
Crypto Freedom Alliance of Texas and Blockchain Association filed a motion on May 17 to vacate the U.S. Securities and Exchange Commission (SEC)’s new Dealer Rule. The plaintiffs’ counsel argues that the SEC’s expanded definition of “dealer” exceeds its statutory...
Digital Chamber Criticizes SEC Over Wells Notice Issue to Robinhood Crypto
7.5.2024
The Digital Chamber called SEC's move as yet another instance of the regulator’s “unchecked regulatory overreach,”
The post Digital Chamber Criticizes SEC Over Wells Notice Issue to Robinhood Crypto appeared first on Cryptonews
House Committee on Financial Services Explores Need for SEC Reform Amid Concerns Over Gensler’s Leadership
20.3.2024
House Committee members grilled SEC Chair Gary Gensler over concerns about regulatory overreach and lack of transparency. Calls for SEC reform are mounting, with critics citing insufficient feedback periods and a focus on social justice initiatives over the agency's core mission. Ranking member...
Crypto Industry Funnels $78 Million Into War Chest to Elect Pro-Crypto Candidates in 2024 Elections
20.12.2023
Prominent crypto companies and leaders have contributed to a war chest to support pro-crypto candidates in the 2024 elections, amassing $78 million to date. “The U.S. cannot afford to continue taking a back seat on the global stage. Regulatory overreach (esp from the SEC) is actively moving...
Trezor Ditches a Controversial KYC Feature, Plans Features to 'Cut Off Regulatory Overreach'
31.1.2022
Major hardware wallet maker Trezor promised to remove the recently added and controversial know-your-customer (KYC) feature, known as Address Ownership Proof Protocol (AOPP) -- and said it planned new features meant to "cut off regulatory overreach at the source."...
Read More: Trezor Ditches...