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SEC chair issues warning to celebrities promoting crypto amid latest enforcement action
17.2.2023
Gary Gensler said investors in crypto projects "should know why celebrities are making those endorsements," as Kim Kardashian and Paul Pierce did for EMAX through social media
NBA Hall of Famer Paul Pierce Charged by SEC for Touting EMAX Tokens
17.2.2023
The U.S. Securities and Exchange Commission (SEC) has charged Basketball Hall of Famer Paul Pierce for touting EMAX tokens and making misleading comments about unregistered crypto securities. The former Boston Celtics small forward agreed to settle the charges and pay the SEC $1.409 million....
US lawmakers question SEC chair on timing of Sam Bankman-Fried's arrest
10.2.2023
"The timing of the charges and his arrest raise serious questions about the SEC’s process and cooperation with the Department of Justice," said Representatives McHenry and Huizenga
SEC chair issues warning to crypto firms after action on Kraken staking
10.2.2023
“Don’t have your hand in the customer’s pocket, using their funds for your own platform," Gary Gensler said to companies that needed to register with the SEC
SEC Chairman Warns Most Crypto Will Fail — Says ‘Don’t Get Caught up in FOMO, Fear of Missing Out’
15.1.2023
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has warned that most crypto tokens will fail. He has urged investors not to “get caught up in the FOMO, the fear of missing out,” emphasizing that crypto is a highly speculative, non-compliant asset class....
Gary Gensler finds new audience for his crypto skepticism: The US Army
12.1.2023
The U.S. Securities and Exchange Commission chair called crypto "the Wild West" and urged troops not to “get caught up in the FOMO.”
XRP Price Prediction After Ripple CEO Calls Out SEC Chair's Meetings with Sam Bankman-Fried ‘Shameful’ – Where is XRP Headed?
21.12.2022
The XRP price has dropped by 0.5% in the past 24 hours, as the cryptocurrency market remains largely unchanged over the same timeframe. Its current price is $0.344898, representing a 12% fall in a week and a 5% decline in a month, following a difficult period for the entire market....
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SEC Chairman Says Important to Regulate Crypto Issuers and Intermediaries
19.12.2022
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has stressed the importance of bringing “intermediaries and issuers of crypto securities” into compliance. In addition, the U.S. Treasury Department’s Financial Stability Oversight Council (FSOC)...
US Lawmaker Calls on SEC Chair Gensler to Testify About His Crypto Regulatory Failures
14.12.2022
U.S. Congressman Tom Emmer has called on the chairman of the Securities and Exchange Commission (SEC), Gary Gensler, to testify before Congress and “answer questions about the cost of his regulatory failures.” The lawmaker stressed: “Gensler has repeatedly dodged Congress at...
SEC chair's crypto oversight strategy in question as ecosystems collapse
26.11.2022
Congressman Tom Emmer showed concerns about the oversight strategy implemented by Gary Gensler, the chair of the U.S. Securities and Exchange Commission for the crypto ecosystem
Was SEC Chair Gary Gensler Helping Sam Bankman-Fried Find Legal Loopholes for FTX? Here’s What You Need to Know
14.11.2022
Speculation is mounting in the community that Securities and Exchange Commission (SEC) chairman Gary Gensler could have worked with FTX co-founder Sam Bankman-Fried to find legal loopholes the exchange could take advantage of....
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SEC Chair Gensler Discusses Crypto Regulation Following FTX Collapse — Says This Field Is ‘Significantly Non-Compliant’
12.11.2022
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has outlined two paths the agency is taking to regulate the crypto industry. Meanwhile, a U.S. congressman is investigating whether Gensler helped FTX CEO Sam Bankman-Fried and his bankrupt crypto exchange on legal...
Republican lawmaker claims SEC chair was coordinating with FTX 'to obtain regulatory monopoly'
10.11.2022
Minnesota Representative Tom Emmer did not provide any evidence to his claim Gary Gensler was "helping SBF and FTX work on legal loopholes," but said he was looking into the matter
US Senators Question SEC Why Its Staff Is Quitting at Highest Pace in 10 Years
3.11.2022
Six U.S. senators have questioned the Securities and Exchange Commission (SEC) why its staff is quitting at a record pace. “Efforts to ram through hurried rulemaking without proper analysis, deliberation or consideration of downstream negative impacts is nothing short of regulatory...
SEC chair highlights crypto enforcement cases to legal experts
2.11.2022
Gary Gensler used examples of SEC enforcement against BlockFi and a former Coinbase employee in justifying the agency’s approach to violations of U.S. securities laws
SEC Chair Gensler Wishes Satoshi Nakamoto’s Bitcoin Whitepaper Happy Birthday — Says Let’s Make Sure Crypto Investors Get Proper Protection
1.11.2022
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has wished Satoshi Nakamoto’s Bitcoin whitepaper a happy birthday. “It has led to innovation and crypto asset investing. Let’s make sure as crypto enters its 15th year that investors get proper...
SEC Chairman Says CFTC Should Get More Power to Oversee Stablecoins: Report
14.10.2022
Gensler pointed out that the CFTC does not have direct authority to write rules for the firms that issue stablecoins
SEC Chair Gensler Insists Most Crypto Tokens Are Securities — Says ‘the Law Is Clear’
5.10.2022
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has reiterated that most crypto tokens are securities, emphasizing that “the law is clear on this.” However, the Commodity Futures Trading Commission (CFTC) has asked Congress for authority over crypto...
CFTC Chairman on US Crypto Regulation: We Have to Rely on 70-Year-Old Case Law to Determine What’s a Security or Commodity
3.10.2022
The chairman of the Commodity Futures Trading Commission (CFTC) says his agency and the Securities and Exchange Commission (SEC) “have to rely on 70-year-old case law to determine what’s a security or a commodity.” He stressed that the SEC and CFTC are working together...
Proof-of-Work Proponents Question Validator Censorship as 59% of Staked Ethereum Is Held by 4 Companies
16.9.2022
Prior to The Merge, Ethereum used to have dozens upon dozens of mining pools dedicating hashrate toward the blockchain network. That has all changed and most of the miners transitioned or plan on transitioning to other Ethash compatible coins like ethereum classic, ERGO, and the new fork ETHW....