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SEC Chair Gary Gensler Gets Community Noted on X for Warning Against Crypto
22.12.2023
SEC Chair Gary Gensler. Source: screenshot of a YouTube video / Yahoo Finance US SEC chair Gary Gensler earlier posted a video message on X warning crypto firms against non-compliance and calling the space “wild west.” Elon Musk-owned X, formerly Twitter, was quick to add community notes...
Gary Gensler Set to Hold Crypto Regulation Talks with Head of South Korea’s Financial Regulator: Report
20.12.2023
Source: Pixabay The head of South Korea’s Financial Supervisory Service plans to meet with SEC Chair Gary Gensler to discuss crypto regulation. According to a report published Monday in South Korean news outlet Chosunbiz, Lee Bok-hyun, head of South Korea’s Financial Supervisory Service (FSS),...
Ripple Reveals 2024 Crypto Predictions: SEC Crackdown to Continue, Regulation Will Hinder US Crypto Firms
18.12.2023
Ripple has shared several crypto predictions for 2024. The firm’s chief legal officer expects the U.S. Securities and Exchange Commission (SEC) to continue its crackdown on the crypto industry. In addition, he foresees U.S. Congress disagreeing on the best course of action for crypto...
CFTC Chairman: Many Crypto Tokens Are Considered Commodities Under Existing Laws
17.12.2023
The chairman of the Commodity Futures Trading Commission (CFTC), Rostin Behnam, has stated that many digital assets are considered commodities under existing law. Behnam urged the U.S. Congress to hasten the process of establishing a regulatory regime for cryptocurrency. He also emphasized that...
US Lawmakers Slam SEC and Chair Gensler for Refusing to Provide Clear Regulation for Crypto Industry
17.12.2023
U.S. lawmakers have slammed the Securities and Exchange Commission (SEC) and its chairman Gary Gensler for refusing to provide clear crypto regulation. “SEC Chair Gary Gensler’s continued refusal to provide clarity for the digital asset ecosystem is shameful,” one congressman said....
SEC Denies Coinbase’s Petition for Clear Crypto Regulation — Exchange Responds by Taking the Regulator to Court
17.12.2023
The U.S. Securities and Exchange Commission (SEC) has rejected cryptocurrency exchange Coinbase’s petition for regulatory clarity in the crypto industry. SEC Chairman Gary Gensler backs his agency’s decision to deny Coinbase’s petition. In response, Coinbase has pursued legal...
Blackrock Meets With SEC 4 Times to Discuss Spot Bitcoin ETF Application
17.12.2023
Blackrock, the world’s largest asset manager, has met with the U.S. Securities and Exchange Commission (SEC) for the fourth time recently to discuss its spot bitcoin exchange-traded fund (ETF) application. SEC Chairman Gary Gensler said this week that the securities regulator is “taking...
SEC Chair Gensler Reveals Regulator Is ‘Taking a New Look’ at Spot Bitcoin ETF Filings
16.12.2023
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has revealed that the regulator is taking a new look at spot bitcoin exchange-traded fund (ETF) applications based on recent court rulings. “We had in the past denied a number of these applications, but the courts here in...
Coinbase Tried to Rein in a Renegade SEC That's Trying to Rein in a Renegade Industry
15.12.2023
The SEC rejected Coinbase's petition for crypto rulemaking, marking yet another refusal to provide regulatory clarity for an industry that badly wants it
SEC Denies Coinbase Push for Crypto Regulation, Cites Own Priorities
15.12.2023
The SEC rejected Coinbase’s plea for customized crypto regulations, preferring to apply traditional securities laws. Image by RareStock, Adobe Stock. The Securities and Exchange Commission (SEC) rejected a petition by cryptocurrency exchange Coinbase on Friday requesting the creation...
Bitcoin Price Prediction as Gary Gensler Says SEC Taking ‘New Look’ at Spot BTC ETFs – Approval Coming?
15.12.2023
In the dynamic landscape of cryptocurrency, Bitcoin, the pioneering digital currency, has recently seen a downturn, slipping below the $43,000 threshold. This decline aligns with the broader crypto market, which witnessed a 0.25% drop in its global market cap, now standing at $1.61 trillion. This...
SEC Chair Gensler Discusses Impact of Court Rulings on Reevaluating Bitcoin ETF Decisions
15.12.2023
Source: Pixabay / sergeitokmakov The U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler discussed the SEC’s evolving approach towards spot Bitcoin exchange-traded fund (ETF) applications, acknowledging the influence of recent judicial decisions. In a recent interview with CNBC...
SEC Chair Gensler: We Do Things According to Our Authorities and How Courts Interpret Them
15.12.2023
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has affirmed that the securities regulator acts according to its authorities and how the courts interpret them. This includes how the agency plans to deal with spot bitcoin exchange-traded fund (ETF) applications, he noted. Gensler...
Gensler Dodges Crypto Questions After Treasury Market Meeting
14.12.2023
Image Source: CNBC Securities and Exchange Commission (SEC) Chair Gary Gensler appeared reluctant to discuss cryptocurrency during a meeting focused on the U.S. Treasury market, evading a reporter’s question regarding the status of spot bitcoin ETF applications. Gensler’s response came...
Anonymous Crypto Interests Bombard Key Senator Sherrod Brown With Political Ads
13.12.2023
U.S. Sen. Sherrod Brown (D-Ohio), the chairman of the Senate Banking Committee, is arguably the most important lawmaker currently standing in the way of a crypto regulation bill, and industry interests have paid for a new campaign in his own back yard to nudge him
Crypto Regulation News Weekly Digest: Anti-Money Laundering Support Gains Momentum in US Congress and India Takes Cautious Regulatory Approach
13.12.2023
US lawmakers push for stricter crypto regulation while India reiterated its plan for a slow, evolutionary approach to digital asset legislation. Image by Kerem Goktug Kaya, DALL-E 3. The past week saw major developments on the crypto regulation front. In the United States, The CFTC Chairman...
Lawyer Says Senator Elizabeth Warren Conspires With SEC Chair Gary Gensler, Violating Her Oath
12.12.2023
Lawyer John Deaton claimed U.S. Senator Elizabeth Warren has violated her oath as a member of the Senate Banking Committee. Deaton alleges that Warren, tasked with overseeing the U.S. Securities and Exchange Commission (SEC), “conspired” with close friend and SEC Chair Gary Gensler...
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...
SEC Warns Crypto Investments Can Be ‘Exceptionally Risky’
11.12.2023
The U.S. Securities and Exchange Commission (SEC) has renewed its warning that investments in crypto assets can be “exceptionally risky.” The regulator stressed that crypto-related investments “continue to be replete with fraud, including bogus coin offerings, Ponzi and pyramid...
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...