Tag: Securities and Exchange Commission
U.S. SEC Settles with Abra Over Unregistered Sales of Securities
Starting in 2020, the crypto investment platform and lender began offering Abra Earn to customers, promising high levels of returns for letting the fi [...]
Controversial Crypto Firm Prometheum to Treat Uniswap’s UNI and Arbitrum’s ARB as Securities
When asked why Prometheum selected UNI and ARB, Kaplan responded, "Prometheum Capital intends to provide investors access to the top digital assets ov [...]
U.S. SEC Asks NY Court to Deny Coinbase’s ‘Breathtakingly Broad’ Subpoena Request
The request for Gensler’s personal communications appears to have been a bridge too far for the SEC, which has described the subpoena as a “blatant im [...]
Coinbase Narrows Demand for SEC Chair Gensler's Crypto Messages
Coinbase Inc. (COIN) is going after internal chatter at the U.S. Securities and Exchange Commission (SEC) that may shed light on its pursuit of crypto [...]
SEC Drops Investigation of Bitcoin L2 Stacks Builder Hiro, Filing Says
"Based on the information we have as of this date, we do not intend to recommend an enforcement action by the Commission against Hiro Systems PBC, for [...]
U.S. SEC Commissioner Grilled on Bitcoin (BTC) ETFs as Senators Weigh Regulator Nominees
The committee also heard testimony Thursday from Christy Goldsmith Romero, the member of the Commodity Futures Trading Commission (CFTC) who President [...]
Coinbase Accuses U.S. SEC, FDIC of Improperly Blocking Document Requests on ETH
"We asked the SEC for documents about closed investigations to shed light on how the SEC views its newfound, sweeping (and unlawful) authority," Coinb [...]
Ether ETFs Should be Fully Approved by September, Says U.S. SEC Chair Gensler
When asked directly whether ETH is a commodity, Gensler didn't respond with a yes or no, maintaining the uncertain position his agency has held on tha [...]
Terraform Labs, Do Kwon Agree to Pay U.S. SEC a Combined $4.5B in Civil Fraud Case
Of the $4,473,828,306 that Terraform Labs and Kwon must pay to the SEC in disgorgement, prejudgment interest, and civil penalties, Kwon must pay at le [...]
SEC's Gensler Shrugs About New Crypto ETFs Strolling Through His Agency's Gates
The approval of new exchange traded funds (ETFs) for Ethereum's ether {{ETH}} is a logical next step to the regulator previously approving spot bitcoi [...]
Wall Street Asks Biden Not to Veto Congress’ Rejection of SEC’s SAB 121 Crypto Policy
"SAB 121 effectively precludes regulated banking organizations from offering digital asset custody at scale since it treats the assets as if they are [...]
House ‘Right’ to Pursue Crypto Bill, Late in Session for More Progress
AUSTIN, Texas – Sen. Ron Wyden (D-Ore.), one of the U.S. Senate Democrats who've shown some support for crypto issues, cast doubt Friday that a legisl [...]
Coinbase Slugs It Out With U.S. SEC in Effort to Get Key Crypto Question Answered
The request would have to be accepted by the courts, including Judge Katherine Polk Failla, of the U.S. District Court for the Southern District of Ne [...]
SEC’s Gensler Going Rogue in Solo Quest to Stop U.S. Crypto Legislation?
The SEC's sister agency in policing the U.S. markets, the Commodity Futures and Trading Commission (CFTC), has taken a strong pro-legislation position [...]
Prometheum's Contentious Answer to Crypto Compliance Is Running Late
Much of the crypto sector has been apprehensive about the ribbon cutting on Prometheum's custody and trading operations, which the firm said will full [...]