Tag: SECs
How the SEC’s Proposed Custody Rule for Crypto Comes Up Short for FAs
In 2003, the SEC amended the rule to keep up with technological advances in capital markets infrastructure, which have made virtually every aspect of [...]
Crypto community responds to US democrats backing SEC’s crypto authority
The United States Democratic Party has expressed its intent to back the Securities and Exchange Commission’s (SEC) total authority over crypto in a me [...]
US Chamber of Commerce slams SEC’s ‘haphazard’ regulation efforts
The United States Chamber of Commerce has blasted the Securities and Exchange Commission (SEC) for its “haphazard, enforcement-based approach” to regu [...]
‘The SEC’s actions have crippled a nascent industry’ — Paradigm requests amicus brief for Coinbase
Paradigm, the crypto investment firm led by Coinbase co-founder Fred Ehrsam, has petitioned to file an amicus brief in support of Coinbase’s case agai [...]
Operation Choke Point 2.0 Is SEC’s ‘Chemotherapy’ for $14B Ponzi Problem, Crypto Banking Firm BCB’s CEO Says
"Events of the last six months have put a damper on entities wanting to bank this space [crypto]," said another panelist, Richard Booth, chief complia [...]
SEC’s Gary Gensler takes another swipe at crypto in educational video
Another swipe has been taken at the crypto industry by the chair of the United States securities regulator, who claimed many crypto platforms are oper [...]
Coinbase execs respond to SEC’s Wells notice in person and on video
Executives of cryptocurrency exchange Coinbase took their company’s regulatory issues to the public on April 27, with chief legal officer Paul Grewal [...]
US SEC’s Gary Gensler Releases Another Video Dig at Cryptocurrency Industry
“The lack of compliance by these crypto platforms means that you don't have basic investor protections,” Gensler said in his “Office Hours” video seri [...]
Coinbase files court action to compel SEC’s response to rulemaking petition
Coinbase filed a narrow action in a United States federal court that seeks to compel the Securities and Exchange Commission (SEC) to provide a "yes or [...]
Do Kwon lawyers reportedly dismiss SEC’s securities fraud allegation
The lawyers representing Terraform Labs co-founder Do Kwon reportedly argued in court against the allegations pressed by the US Securities and Exchang [...]
SEC’s ‘brute force’ crypto regulation attempt is ‘bad policy’ — Paradigm
Criticisms of the United States Securities and Exchange Commission (SEC) are mounting as the agency remains unrelenting in its war on crypto.On April [...]
The SEC’s Beaxy Suit Looks Like a Coinbase Case Preview
“Platforms like the Beaxy Platform require users to deposit with the platform all of the crypto asset securities that they traded there, resulting in [...]
SEC’s Gensler seeks $2.4B in funding to chase down crypto ‘misconduct’
United States Securities and Exchange Commission (SEC) chair Gary Gensler has thrown his support behind President Biden’s request to allocate a record [...]
Crypto Advocate Sees ‘Silver Lining’ for the Industry in SEC’s Warning to Coinbase
“The silver lining, to the extent there is one of this type of development, is that it will force the establishment of case law that will inform how c [...]
The SEC’s Scattergun Approach Shows Its Weakness
By taking aim at high-profile targets including Coinbase, Justin Sun and Lindsey Lohan, the SEC showed it doesn’t have the resources to effectively po [...]