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Republican Congressman Seeks to Oust SEC Chair Gensler With SEC Stabilization Act
13.6.2023
Warren Davidson, the Republican congressman who first introduced the legislation in mid-April, has filed the SEC Stabilization Act to remove Gary Gensler, the current chair of the U.S. Securities and Exchange Commission (SEC). Davidson insists the act aims to safeguard U.S. capital markets...
Ripple CEO: Hinman docs are ‘well worth the wait’
13.6.2023
Brad Garlinghouse hinted that the eagerly-awaited Hinman documents could tip the balance in Ripple’s favor
eToro halts ALGO, MANA, MATIC and DASH purchases for US customers
13.6.2023
The firm said it remains a “supporter” of the crypto sector and suggested that the move was purely to avoid any potential regulatory non-compliance
SEC’s DeFi Rulemaking Do-Over Falls Short
13.6.2023
eToro US Customers Will No Longer Be Able To Open New Positions in ALGO, MATIC, MANA and DASH
13.6.2023
US customers using social investing platform eToro US will no longer be able to open new positions in Algorand, Decentraland, Dash and Polygon after those cryptocurrencies got caught in a US regulator’s crosshairs.
Beginning on July 12, customers will no longer be able to open those new positions...
Binance.US hires former SEC enforcement official amid lawsuit: Report
12.6.2023
Former SEC enforcement co-director George Canellos reportedly joins the Binance.US legal team as the firm faces challenges to keep its assets unfrozen
SEC's Temporary Restraining Order Would 'Effectively End' Binance.US Business, Company Claims
12.6.2023
A Securities and Exchange Commission (SEC) Monday effort to freeze Binance.US's funds is a "draconian and unduly burdensome" move, the U.S. affiliate of the global crypto exchange argued Monday
Lawmakers introduce bill to remove SEC chair — but do they have the authority?
12.6.2023
A Supreme Court decision ruled that the U.S. President could not remove commissioners except for “standard of inefficiency, neglect of duty, or malfeasance.”
Binance.US Adds to Its Legal Defense in Wake of SEC Lawsuit: Bloomberg News
12.6.2023
Binance.US has bulked up its legal expertise and added four lawyers to fight recent charges from the US Securities and Exchange Commission.
One of those lawyers includes former co-director of the SEC’s enforcement division, George Canellos, according to Bloomberg News.
Canellos was also...
House Republicans Introduce Bill To Fire US SEC Chair Gary Gensler and Make Other Reforms
12.6.2023
House Republicans filed a bill on Monday that would fire US Securities and Exchange Commission Chair Gary Gensler and restructure the agency.
Reps. Tom Emmer and Warren Davidson introduced the SEC Stabilization Act, to “remove Chairman Gensler following his long series of abuses that have been...
Hong Kong Legislator Invites Coinbase Amidst SEC Scrutiny
12.6.2023
The US SEC has been actively examining the operations of digital asset exchanges, raising concerns about investor protection and market integrity.
It slammed the top crypto exchanges, Binance and Coinbase, with lawsuits alleging securities laws violations on June 5 and 6.
But despite the...
Hong Kong Legislator Invites Coinbase Amidst SEC Scrutiny
12.6.2023
The US SEC has been actively examining the operations of digital asset exchanges, raising concerns about investor protection and market integrity.
It slammed the top crypto exchanges, Binance and Coinbase, with lawsuits alleging securities laws violations on June 5 and 6.
But despite the...
Breaking: US lawmakers file 'SEC Stabilization Act' to fire Gary Gensler
12.6.2023
"U.S. capital markets must be protected from a tyrannical Chairman, including the current one," Congressman Warren Davis wrote in reference to SEC head Gary Gensler
Is it Too Late to Buy Solana? SOL Price Bounces 14% From Recent Bottom and This New AI Crypto Platform May Be the Next Best Performer – Here's Why
12.6.2023
Investors are asking whether it might be too late to buy Solana (SOL) in wake of its 14% bounce from weekend lows.
Did investors miss their opportunity to buy the SOL dip?
Solana, the cryptocurrency that powers the high-performance, smart-contract-enabled Solana layer-1 blockchain, saw a cascade...
Axie Infinity Price is Going to Zero after SEC Lawsuit Calls AXS a Security But Green Crypto Ecoterra Just Raised $5 Million – 100x Potential in 2023?
12.6.2023
Last week was catastrophic for Axie Infinity Shards (AXS), the native token that powers web3 play-to-earn (P2E) gaming ecosystem Axie Infinity.
AXS dropped more than 30% from around $7.6 per token to fresh near two-year lows under $5.0 per token, its worst one-week performance in more than...
Hong Kong Lawmaker Invites Coinbase to Apply to Operate in Region Amid U.S. SEC Crackdown
12.6.2023
The company is excited to expand globally and wants to build in Abu Dhabi, Canada, Singapore, and get authorized with the U.K. under its upcoming crypto regime Tom Duff-Gordon Vice President of International Policy at Coinbase said
Defying SEC: Solana, Cardano, and Polygon Disagree with 'Security' Label
12.6.2023
In an ongoing battle against the Securities and Exchange Commission (SEC), Solana, Cardano, and Polygon have united forces to challenge the classification of their cryptocurrencies as securities.
This comes as lawsuits unfold against major exchanges Binance and Coinbase, these prominent projects...
Binance.US Market Depth Declines 76% in June Following SEC Lawsuit
12.6.2023
Binance.US’s market depth has dropped in June as market makers are fleeing the exchange following the SEC’s lawsuit
Former SEC Chief Warns, “Get Out Of Crypto Platforms Now” -What’s Going On?
12.6.2023
Former Enforcement Division chief of the U.S. Securities and Exchange Commission (SEC), John Reed Stark, came up with a warning in his Tweet on June 8, 2023. The warning came directly with the label "Get out of crypto platforms now."
Following the SEC's actions against Coinbase and Binance, Stark...
Solana Foundation disputes SEC’s claim of SOL as a security
12.6.2023
Solana Foundation, a non-profit organization in Switzerland, expressed disagreement with the characterization of the United States Securities and Exchange Commission of the platform’s native token, SOL, as securities. The US regulator called Solana’s SOL, along with 11 other cryptocurrencies...