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SEC Chair Says Crypto Intermediaries Are Rife With Conflict and Urges Compliance
15.5.2023
The US Securities and Exchange Commission stands ready to help crypto intermediaries come into compliance, said the agency’s Chair Gary Gensler.
Gensler spoke Monday at the Atlanta Fed's 2023 Financial Markets Conference, following rising tension between the regulator and exchanges on how to...
SEC Chair Gensler Argues That Rules Already Exist To Regulate Crypto in Light of Coinbase Pushback
15.5.2023
US Securities and Exchange Commission’s Chair Gary Gensler pushed back against Coinbase’s call to have the agency propose and adopt rules for digital assets.
Gensler was asked on Monday during Atlanta Fed's 2023 Financial Markets Conference to comment on the dispute with Coinbase why the...
Leaked Memo Suggests Democrats on US House Committee Were Told to Support Party Position on Crypto Regulation
13.5.2023
Democratic Party members of the U.S. House Committee on Financial Services were handed a memo instructing them to back the party’s position on crypto regulation moments before the commencement of the hearings on May 10. According to the party’s leaked memo, Democrats on the committee...
SEC Chair Warns US Default Would Have ‘Significant’ and ‘Lasting Effects’ on Investors, Markets
12.5.2023
Securities and Exchange Commission (SEC) Chairman Gary Gensler has warned that the U.S. Treasury defaulting on its debt obligations “would have very significant, hard to predict, and likely lasting effects on investors, issuers, and markets alike.” Gensler stressed: “We’ve already seen an effect...
US House Financial Services Committee Chair Rep. McHenry Accuses SEC Chair of Avoiding Answering Questions
11.5.2023
House Financial Services Committee Chair Patrick T. McHenry accused US Securities and Exchange Commission Chair Gary Gensler of avoiding requests for information about cryptocurrency-related matters, going so far as to threaten a hearing if they don’t hear back soon....
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Ripple CEO Says Company Spends $200 Million Fighting SEC Lawsuit Over XRP, Ruling Could Come in 3 Months
9.5.2023
Ripple CEO Brad Garlinghouse has revealed that his company is spending $200 million defending itself against the SEC in its lawsuit over xrp. The executive expects a decision on the lawsuit in three to six months. “If we win the lawsuit, it’ll be clear what xrp is, but the rest of...
Lawyer Expects SEC to Lose if It Sues Coinbase Due to ‘Fatal Flaw’ of Gary Gensler’s Own Making
7.5.2023
A lawyer has explained why the U.S. Securities and Exchange Commission (SEC) will likely lose if the regulator takes crypto exchange Coinbase to court over alleged securities law violations. “The problem is entirely of Gary Gensler’s own making,” he stressed. Lawyer Expects SEC to Lose Against...
The Need for Clarity in Washington – Not Just on Crypto
5.5.2023
The recent ambiguous messaging from the Federal Open Market Committee's meeting, which left markets struggling to interpret signals from the FOMC statement and Chair Jerome Powell's comments, is typical of the abstruse signals that can be found in central bank policy-setting. But new tools, such...
U.S. Regulator Cuts Digital Assets Out of Hedge Fund Rule
4.5.2023
The Securities and Exchange Commission has decided to leave digital assets out of a new rule requiring more information from hedge fund and private equity advisers.
The agency voted to adopt new changes to private fund reporting, specifically to Form PF — a reporting form for registered...
SEC steps back from defining digital assets in new hedge fund rules
4.5.2023
The SEC and its staff are “continuing to consider” the term “digital assets” despite proposing a definition of the term around nine months ago
What the Gensler hearing means for US crypto regulation and policy
1.5.2023
Gensler was reluctant to go into details and faced symbolical pressure rather than genuine attempts to interrogate, leaving the crypto industry without any new clarity
US Senator Ted Cruz: ‘I Like BTC for the Same Reason the Chinese Communist Govt Doesn’t Like BTC’
30.4.2023
United States Senator Ted Cruz has said he remains “incredibly bullish on bitcoin” which he described as the “alpha in the crypto sphere.” According to Cruz, people are attracted to bitcoin because they see it as a hedge against inflation and also as an “important...
Crypto Industry Is 'Absolutely' at War Against Gensler, Warren, Blockchain Association CEO Smith Says
28.4.2023
The war won't last forever, but probably will continue for the next 18-20 months, Kristin Smith said
SEC's Gary Gensler takes another swipe at crypto in educational video
28.4.2023
The SEC boss reiterated that “the law is clear” on cryptocurrencies being securities, while others highlighted the lack of regulatory clarity in the U.S
US SEC’s Gensler Releases Another Video Dig at Crypto Industry
27.4.2023
Securities and Exchange Commission Chairman Gary Gensler made an investor-education video arguing a systemic lack of compliance in the digital assets sector
Why the Politics of Crypto Feels Different This Time
26.4.2023
Last week’s testimony by SEC Chair Gary Gensler before the House Financial Services Committee showed that the political divide towards crypto has never been clearer. Noelle Acheson dives into why this matters now
Shirtless shitposting and hunting SBF on the meme streets: Gabriel Haines, Hall of Flame
26.4.2023
Gabriel Haines can most likely be found screaming about crypto with his shirt off in public or at home. Why is that and who is he?
Gary Gensler links crypto with cash in viral 2018 video — Crypto Twitter reacts
26.4.2023
The 2018 MIT professor Gary Gensler didn’t think most ICOs triggered U.S. securities laws
‘Crypto is dead in America’: Tech billionaire Chamath Palihapitiya
25.4.2023
Palihapitiya did concede the crypto sector has “pushed more boundaries” than other startup sectors which may have attracted the SEC’s attention
Musk hints at suing Microsoft, US Rep. wants Gensler fired, and more: Hodler’s Digest, April 16-22
22.4.2023
Elon Musk suggests suing Microsoft, congressman plans bill to remove Gary Gensler, and Societe Generale launches euro-pegged stablecoin