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Nalezeno "Gensler": 855

Republican Lawmakers Demand Gensler Tell Them How Prometheum Got SEC Approval

15.8.2023
Republicans on the U.S. congressional committee that oversees the Securities and Exchange Commission (SEC) are demanding agency Chair Gary Gensler explain how Prometheum Inc. won its unique approval as a broker-dealer for crypto

This scenario could spark Gary Gensler’s resignation: Former SEC official

14.8.2023
John Reed Stark believes SEC chair Gary Gensler could throw in the towel, depending on a possible scenario to play out in 2024

Crypto Exchange Bittrex Settles With SEC — Agrees to Pay $24 Million

12.8.2023
Cryptocurrency exchange Bittrex has agreed to settle charges with the U.S. Securities and Exchange Commission (SEC). Bittrex and Bittrex Global agreed to pay $24 million. The SEC’s director of enforcement alleged that for years, Bittrex worked with token issuers to “scrub”...

SEC Chair Warns AI Poised to Drive Future Financial Crises

9.8.2023
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has warned that artificial intelligence (AI) technology will be at the center of future financial crises. The securities regulator has put out a specific proposal to address some of the issues that could be embedded in AI models....

US SEC Chair Gary Gensler Sidelines Cryptos and Says AI “Warrants The Hype”

4.8.2023
The head of the US securities and exchange commission (SEC) Gary Gensler thinks that the “transformative” power of artificial intelligence (AI) makes it a regulatory priority than cryptocurrencies. Shifting his focus from cryptocurrencies, Gensler says AI “warrants the hype” as he regards...

ETF Analysts: Spot Bitcoin ETF Approval Odds at 65% Amid Pressure From Blackrock

3.8.2023
According to James Seyffart and Eric Balchunas, two analysts specializing in exchange-traded funds (ETFs) at Bloomberg, the likelihood of a spot bitcoin ETF debut in the U.S. has surged to 65%. These analysts attribute this increase to “pressure from Blackrock and possibly Democrats,”...

Ripple CLO Stuart Alderoty Explains Securities in ‘After Hours’ Parody Skit

2.8.2023
Stuart Alderoty, CLO of Ripple, prepared a skit explaining the definition of securities according to the company, supported by the recent ruling in the SEC v. Ripple case. The segment, titled “After Hours,” parodies U.S. Securities and Exchange Commission (SEC) Chair Gary...

SEC Chair Gary Gensler Says Crypto Is a Highly Speculative Field ‘Rife With Fraud’

30.7.2023
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has called crypto “a highly speculative asset class” and a field that is “rife with fraud.” He stressed that there are far too many bad actors in crypto, noting that crypto platforms often commingle funds...

SEC Chair Gary Gensler Raises Concerns About Fraud in Crypto Market

28.7.2023
Gary Gensler, Chairman of the US Securities and Exchange Commission (SEC), has voiced concern regarding the prevalence of fraud in the crypto market. In a Thursday interview with Bloomberg, Gensler said that the crypto market is "rife with fraud, rife with hucksters." He added that while there...

SEC passes new ‘conflict of interest’ rules governing how brokers can use AI

26.7.2023
The new rules will govern how brokers use artificial intelligence to entice investors and how they use “optimization functions” to target investors and determine investment strategies

XRP court ruling marks milestone, but new crypto law could take years

24.7.2023
Ripple’s partial victory against the SEC is positive, but crypto firms still face uncertainty without a regulatory framework

SEC Says XRP Ruling in Ripple Case ‘Wrongly Decided’ — Signals Appeal

23.7.2023
The U.S. Securities and Exchange Commission (SEC) has told a federal court that some portions of the Ripple ruling regarding XRP “were wrongly decided.” The regulator has asked the court to ignore parts of the ruling, noting that “SEC staff is considering the various available...

Ripple CLO Stuart Alderoty States SEC Chair Gary Gensler ‘Misstates the Law’ on Tokens

22.7.2023
Stuart Alderoty, CLO of Ripple, a cryptocurrency and payments services company, railed against the statements of U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler given in a recent congressional hearing. Alderoty criticized the stance taken by Gensler, stating that...

SEC hints at potential appeal to XRP ruling from Ripple Labs lawsuit

22.7.2023
According to court documents, the SEC stated that it is now “considering the various available avenues for further review” on the ruling which found XRP to not be a security

SEC Asks for Increased Funding to Tackle Crypto Market Risks and Wrongdoing

22.7.2023
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has asked Congress for more funding for his agency to address “risks in the crypto markets.” In a Senate hearing, he stressed: “We’ve seen the Wild West of the crypto markets, rife with noncompliance...

US law protects institutions and exposes retail investors — Rep. Torres

20.7.2023
New York Representative Ritchie Torres had an exclusive interview with Cointelegraph to discuss why retail investors are still at risk following the XRP court ruling

Republican Lawmakers Accuse SEC Chair Gensler of Manipulating News Cycle to Hinder Crypto Legislation

20.7.2023
Senior Republican members of the US House of Representatives expressed their concern about the US Securities Exchange Commission’s approach to crypto regulation in a letter to the financial regulator’s chair Gary Gensler. Representatives French Hill of Arkansas and Dusty Johnson of South Dakota...