Tag: Securities and Exchange Commission
House Poised to Vote on Erasing SEC Crypto Policy While President Biden Vows Veto
The U.S. House of Representatives is poised to vote on a resolution Wednesday to reject the Securities and Exchange Commission (SEC) cryptocurrency ac [...]
House’s McHenry Accuses U.S. SEC Chief Gensler of Misleading Congress on Ethereum (ETH)
The classification of (ETH), the second-largest cryptocurrency by market cap, is a major question hanging over the U.S. oversight of digital assets, a [...]
Coinbase (COIN) Seeks to Take Core Question in U.S. SEC Case to Higher Court
Investment contracts are securities regulated by the SEC, so if a crypto transaction qualifies, it belongs in the agency's jurisdiction and should be [...]
DeFi Exchange Uniswap (UNI) Receives Enforcement Notice from the U.S. SEC
Wells notices are preliminary warnings that inform respondents of the charges the regulator is considering bringing against them. They usually lead to [...]
U.S. SEC Calls for Comments on Spot ETH ETFs
Despite rising hopes after the agency's approval of bitcoin spot ETFs in January, industry analysts have become less optimistic that the regulator wil [...]
House Republicans Demand Answers From SEC on Prometheum and Ether
Rep. Patrick McHenry (R-N.C.) and Rep. Glenn "GT" Thompson (R-Penn.), the chairmen of the two committees, and the other Republican lawmakers – many of [...]
U.S. SEC’s Gensler Says Crypto Firms Skip Public Disclosures by Dodging Registration
Gensler, whose tenure atop the agency has been marked by a legal crusade against what he argues is a largely noncompliant industry, suggested that dig [...]
U.S. SEC Asking for More Millions, Dozens of Lawyers to Beef Up Crypto Oversight
Executive branch budget proposals are gathered into a single push from the White House for its spending priorities, with more detail about how exactly [...]
Coinbase’s Allies Join Crypto Firm’s Case Against U.S. SEC
"As long as the SEC’s registration process requires a centralized issuer, it will be incoherent for crypto assets, meaningful disclosures will not hap [...]
Coinbase Accuses U.S. SEC of Breaking the Law in Rejecting Crypto Rulemaking
The SEC has spent a considerable time in court on crypto matters, and its record of judgements is – so far – a mixed bag. It lost badly in disputes wi [...]
Prometheum Taps Morgan Stanley Exec as CFO Just Before Opening Doors
It's in that theoretical compliance where Prometheum is at odds with the vast majority of other crypto-native firms, who have long claimed the SEC mak [...]
Ripple to Buy New York Crypto Trust Company to Expand U.S. Options
Ripple is known in the U.S. for going toe-to-toe with the SEC in federal court over the regulator's accusations that XRP was a security. Though one ju [...]
U.S. Senators Berate SEC's Gensler for Agency's 'Unethical' Handling of Crypto Case
The U.S. Securities and Exchange Commission's admission that it misrepresented evidence in a lawsuit against the blockchain project DEBT Box casts dou [...]
Prometheum, the Only U.S.-Registered Crypto Platform, Picks Ether as Its First Product
Prometheum Inc. – still standing alone as the only U.S.-registered crypto securities platform – has disclosed that the first digital asset it'll handl [...]
U.S. SEC Clears 'Dealer' Rule Expansion That Could Rope in DeFi
The U.S. Securities and Exchange Commission (SEC) widened its definition of a dealer today to pull many more financial operations into its jurisdictio [...]