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US Lawmakers Call on Congress to Pass Crypto Law Following SEC v Ripple Ruling on XRP

16.7.2023
Several U.S. lawmakers have called on Congress to pass crypto legislation following the court ruling on the U.S. Securities and Exchange Commission (SEC) v. Ripple case regarding XRP. “Gary Gensler’s SEC cannot continue to pursue its regulation by enforcement approach, which only...

US Representative Ritchie Torres Calls for Investigation of SEC Over Prometheum’s License

14.7.2023
U.S. Rep. Ritchie Torres has called for an investigation into the special purpose broker-dealer (SPBD) license given by the U.S. Securities and Exchange Commission (SEC) to Prometheum, a cryptocurrency exchange platform. In two letters sent to U.S. Comptroller General Gene Dodaro and SEC Inspector...

Could the Ripple Ruling Spell the End of Regulation by Enforcement?

14.7.2023
A long-awaited district judge’s ruling that some XRP token sales were not investment contracts will likely eventually lead to a bipartisan regulatory framework that is more favorable to the pro-crypto crowd in Congress, writes John Rizzo

US Senator Expresses Concern Over Prometheum Co-CEO’s Congressional Testimony

11.7.2023
On Monday, U.S. senator Thomas Tuberville (R-AL) published an open letter to U.S. attorney general Merrick Garland and Securities and Exchange Commission (SEC) chairman Gary Gensler expressing concern over allegations that Prometheum, Inc., a registered digital asset company, may have provided...

SEC States Coinbase Misinteprets Howey Test, Misuses Major Questions Doctrine

10.7.2023
The U.S. Securities and Exchange Commission (SEC) answered the latest filing of Coinbase by shooting down the arguments presented by the exchange to throw out the ongoing lawsuit. The filing reaffirms the institution’s jurisdiction on securities laws, explaining that Coinbase misinterprets...

Vitalik Calls Out ‘Centralized World’ Stifling Crypto Innovation, Tim Draper Adjusts BTC Price Prediction, and More — Week in Review

9.7.2023
“The real competition is not other chains, it’s the rapidly expanding centralized world that is imposing itself on us as we speak.” So says Ethereum co-founder Vitalik Buterin addressing the current volatile regulatory realities in crypto. In other news, venture capitalist Tim Draper...

BarnBridge DAO calls halt to ‘all work’ on DeFi protocol amid SEC probe

7.7.2023
Some DAO members joked about the situation while others believed there may be an ulterior motive at play

XRP Price Prediction as Rumors Emerge of SEC Chairman Gary Gensler Resigning – How Will XRP React?

3.7.2023
The XRP price has barely moved in the past 24 hours, despite the emergence of reports that SEC Chairman Gary Gensler is to resign from his position. At $0.482915, XRP is down by 0.3% in a week and by 8% in the last 30 days, although the altcoin remains up by 42% since the beginning of...

Gary Gensler resigns amid an internal probe

3.7.2023
Gary Gensler, the Chairman of the Securities and Exchange Commission (SEC), has abruptly resigned after an internal audit into his alleged misbehavior. This unexpected news has caused great alarm in financial circles, leading to worries about how this might damage public faith in the SEC’s...

AI-generated fake news sparks rumors of Gary Gensler’s resignation

3.7.2023
The rumors, which have set crypto Twitter ablaze, are the latest example of AI disinformation at work

Ethereum Co-Founder Vitalik Buterin on SEC Crypto Enforcement Actions: ‘The Real Competition Is the Centralized World’

2.7.2023
Vitalik Buterin, a co-founder of Ethereum, the second largest cryptocurrency project by market cap, took a stance on the recent actions that the U.S. Securities and Exchange Commission (SEC) has taken in the field of enforcement against crypto. Buterin mentioned how projects like Solana were...

Former SEC Official Defends Chair Gensler — Urges Crypto Community to Quit Personal Attacks, Focus on Facts

2.7.2023
The U.S. Securities and Exchange Commission (SEC)’s former head of internet enforcement has defended SEC Chairman Gary Gensler’s approach to regulating the crypto industry. “It’s time to attack the facts and law on SEC positions and quit the personal attacks on the...

Former SEC Chair Jay Clayton on US Regulator’s New Enforcement Ethos: ‘I Think That’s Problematic’

1.7.2023
Jay Clayton, former chair of the U.S. Securities and Exchange Commission (SEC), has revealed his stance on the recently implemented enforcement strategy of U.S. regulators. In an interview on CNBC, Clayton stated that the SEC’s strategy of bringing myriad cases to court against U.S....

Coinbase Alleges SEC Lacks ‘Any Powers to Regulate Digital Asset Exchanges’ in Recent Filing

30.6.2023
Coinbase, one of the largest U.S.-based cryptocurrency exchanges, has filed a 177-page answer to the complaint introduced by the U.S. Securities and Exchange Commission (SEC), where the agency states the company was involved in the illegal brokerage of securities. Coinbase alleges that...