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Vivek Ramaswamy Blasts SEC Chair Gary Gensler: ‘Regulations Need to Catch Up’
11.12.2023
Presidential candidate Vivek Ramaswamy heavily criticized the lack of action of the U.S. Securities and Exchange Commission (SEC) and its chair, Gary Gensler, on the fraud cases in the crypto industry. Ramaswamy stated that regulations needed to catch up and that the existence of these cases...
US Lawmaker Blasts SEC for Deliberately Obfuscating Crypto Regulations — Questions Chair Gensler’s Personal Agenda
7.12.2023
A U.S. lawmaker has slammed the Securities and Exchange Commission (SEC) for having a deliberate policy preference to provide less clarity to the crypto market. “The SEC is not adhering to the law. That’s why it keeps losing in court,” said Congressman Tom Emmer as he questioned...
SEC’s Absence at Binance Settlement Announcement Raises Questions
5.12.2023
SEC building. Source: Adobe / qingwa The recent $4.3 billion settlement between Binance and various US government agencies, announced by top Biden administration officials, has stirred controversy due to the absence of Securities and Exchange Commission (SEC) Chair Gary Gensler at the announcement....
Bitcoin Price Pumps to $39,000 As Fed Chair Powell’s Remarks Encourage Rate Cut Bets – Where is BTC Headed Next?
1.12.2023
Source: Pixabay / Michael Wuensch Fed Chair Jerome Powell’s tone on the risks faced by the US economy just shifted in a dovish direction, spurring a pump in the price of Bitcoin (BTC) to new yearly highs at $39,000. Powell noted that risks that the Fed doesn’t raise interest rates enough to combat...
European Central Bank Official Warns: Crypto Entities to Face Stringent Banking Oversight
30.11.2023
Source: Adobe / nmann77 Andrea Enria, Chair of the supervisory board at the European Central Bank (ECB), has emphasized the need for rigorous regulation when crypto entities start resembling banks. In a recent interview with Germany’s Handelsblatt, Enria pointed to the challenges in supervising...
SEC Chair Gary Gensler Remains Tight-Lipped on Future of Spot Bitcoin ETFs
30.11.2023
Source: Pixabay Securities and Exchange Commission Chair Gary Gensler said he would not “pre-judge” the future of spot Bitcoin ETFs when asked if the SEC would take any action soon regarding the matter. Speaking at a conference hosted by the Healthy Markets Association on Wednesday, Gensler...
Former SEC Chair Discusses ‘Appropriate Way’ to Regulate Crypto — Says Classification Issues Are ‘Overblown’
29.11.2023
Former U.S. Securities and Exchange Commission (SEC) Chairman Jay Clayton has discussed what he believes to be the “appropriate way” to regulate crypto. The former regulator added that “the classification issues” about whether a crypto token is a security or a commodity...
Changpeng Zhao steps down as Binance.US chair
28.11.2023
The former Binance CEO faces one felony count in the United States as part of a settlement with local officials and regulators
Australian Regulator Says Cryptos ‘Created Out of Nothing,’ Issues Fresh Warning, Report
24.11.2023
Source: Pixabay / Patty Jansen The Australian Securities and Investments Commission (ASIC) is reportedly ramping up its surveillance towards the crypto market introducing fresh warnings. The regulator on Friday issued warning on cryptocurrency investments criticizing the digital tokens as “created...
SEC Chair Gensler Slammed for Stating SEC Doesn’t Prosecute Honest Business
19.11.2023
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler was slammed by the crypto community for stating: “We are not prosecutors of honest business, nor defenders of crookedness.” Many crypto advocates pushed back against Gensler, arguing that the SEC under his leadership has taken...
Bithumb’s Ex-Chair Faces Eight-Year Jail Term as Prosecutors File Appeal
17.11.2023
source: gesrey/Adobe South Korean prosecutors have filed an appeal in the alleged fraud case involving Lee Jeong-hoon, the former chair of local cryptocurrency exchange Bithumb. According to the report from Seoul Economic Daily, prosecutors are once again advocating for an eight-year jail term...
Cathie Wood Speculates SEC Chair’s Political Aspirations Are Hindrances Towards Judgment Call on Bitcoin Spot ETF
14.11.2023
Source: Bloomberg The US Securities and Exchange Commission (SEC) remains unyielding amidst escalating interest in a Bitcoin spot exchange-traded fund (ETF), and Ark Invest’s Cathie Wood believes she may have identified the reason. Making a special appearance on CNBC’s Squawk...
Bitcoin: ‘Stink Ball’ or ‘Exponential Gold’? Munger and Fidelity Director at Odds on BTC — Week in Review
12.11.2023
Berkshire Hathaway billionaire Charlie Munger may think Bitcoin is a “stink ball,” but director of global macro at financial giant Fidelity, Jurrien Timmer, says the asset is “exponential gold.” Find out why, just below, in the latest Bitcoin.com News Week in Review....
Fed Chair Powell’s Hawkish Tone Rattles Markets as Inflation Concerns Persist
10.11.2023
Amid an uncertain economic landscape, Federal Reserve Chair Jerome Powell’s recent remarks have amplified the debate on the sufficiency of prevailing interest rates. Even with robust gross domestic product growth, Powell’s address indicated the Fed’s stern stance, as he noted...
SEC Chair Gensler: Anybody Wanting to Be in Crypto Must ‘Do It Within the Law’
10.11.2023
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has warned that anyone wanting to be in crypto must “do it within the law.” He advised crypto trading platforms to “Build the trust of investors” in what they are doing, cautioning that they must ensure they...
SEC Chair Indicates FTX Revival, FTT Rallies
9.11.2023
U.S. Securities and Exchange Commission Chair Gary Gensler indicated a potential reboot of FTX during DC Fintech Week on Wednesday, prompting FTX’s digital token, FTT, to rally. Gensler’s comments were made when referring to the bid for FTX by former president of the New York Stock Exchange...
Gary Gensler: Crypto Frauds Extend Beyond a Single Case
9.11.2023
Image Source: CNBC Gary Gensler, Chair of the Securities and Exchange Commission (SEC), has issued a warning about the prevalence of fraud in crypto, stating that there are multiple “notorious fraudsters” operating in the space. Gensler’s comments come on the heels of the criminal...
VARA demonstrates how regulators, market can work in tandem: VARA Vice Chair
7.11.2023
Deepa Raja Carbon told Cointelegraph that VARA took a collaborative approach and consulted stakeholders, legislators and the general public to develop its virtual asset regulatory guidelines
US lawmaker proposes to cut SEC chair Gary Gensler’s salary to $1
7.11.2023
The Financial Services and General Government bill proposes to drastically cut funding to the SEC and other government agencies
Biggest Crypto Gainers Today on Uniswap – IO, MBX, BXBT
6.11.2023
Bitcoin (BTC) is consolidating above $35,000 at the start of the week as traders take stock of recent dovish US macro developments (last week’s weak US jobs and manufacturing PMI data, plus Fed Chair Jerome Powell’s unconvincing attempt trying to convince the market that more rate hikes...