Mark Cuban criticizes SEC Chair Gary Gensler, warning that his stance on crypto could cost Biden the White House.
The post Gary Gensler could “literally cost Joe Biden the election,” says Mark Cuban appeared first on Crypto Briefing.
Some analysts had predicted that spot Ether ETFs could start trading on U.S. exchanges by the end of June, but the SEC has yet to set an exact date.
The saga of Ethereum ETFs in the US continues with a new twist: cautious optimism. After the US Securities and Exchange Commission’s unexpected green light for spot Ethereum ETFs in May, investors have been eagerly awaiting the launch date. But according to SEC Chair Gary Gensler, patience remains key. Related Reading: Germans In The Dark […]
Prominent pro-XRP attorney John Deaton has demanded that US Securities and Exchange Commission Chairman Gary Gensler step down in the wake of many high-profile court disputes and growing disapproval of the SEC’s regulatory strategy under Gensler’s direction. Related Reading: Binance Loses Grip On Russia: Web Traffic Plunges 30% After Exit Deaton’s Criticism Of Gensler Intensifies […]
A bipartisan group of US lawmakers advised the Securities and Exchange Commission (SEC) in a May 22 letter to approve spot Ethereum exchange-traded funds (ETFs). The letter signatories included Financial Committee Vice Chairman Rep. French Hill, House Majority Whip Tom Emmer, and Representatives Josh Gottheimer, Mike Flood, and Wiley Nickel. Ethereum ETF In the letter […]
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U.S. Securities and Exchange Commission Chair Gary Gensler declined on Thursday to preview his agency's decision on ether exchange traded funds (ETFs), though he advised observers to "'stay tuned."
Prometheum’s willingness to play along with the SEC’s ambitions for crypto regulation has stirred disapproval in many quarters.
The Financial Innovation and Technology for the 21st Century Act would hurt investors and hamper the U.S. Securities and Exchange Commission's work, SEC Chair Gary Gensler said Wednesday.
Many industry pundits speculate the SEC’s sudden change of pace on spot Ether ETFs could be a result of increased political pressure.
As the debate over cryptocurrency regulation continues, former advisor to the Ethereum network Steven Nerayoff has become a public voice criticizing the approach taken by the United States Securities and Exchange Commission (SEC) towards crypto, especially under the leadership of the agency’s Chairman Gary Gensler. N erayoff’s criticism goes beyond regulatory policy to consider the […]
Much of the crypto sector has been apprehensive about the ribbon cutting on Prometheum's custody and trading operations, which the firm said will fully comply with U.S. Securities and Exchange Commission (SEC) demands. The doors have so far stayed shut well past the target date, but the company explained it's still finishing a process for auditing smart contracts.
Congressman Rose accused the SEC of overstepping its bounds and hindering fintech innovation by taking action against Robinhood.
The post US Congressman calls SEC Chair Gary Gensler “rogue regulator” appeared first on Crypto Briefing.
Robinhood apparently made strenuous efforts to comply with the agency, even applying to become a special purpose crypto broker-dealer. The SEC is likely to sue for alleged securities violations in any case.
Robinhood’s crypto division received a Wells Notice from the US Securities and Exchange Commission (SEC) on May 4. According to a May 8 filing, the Gary Gensler-led Commission staff had been investigating Robinhood’s “cryptocurrency listings, custody of cryptocurrencies, and platform operations” for some time before recommending an enforcement action against it. Dan Gallagher, the chief […]
The post SEC issues Wells Notice against Robinhood, crypto community calls it ‘scare tactics’ appeared first on CryptoSlate.
Rep. Maxine Waters, a ranking member in the US House Committee on Financial Services, has proposed the nomination of Ms. Kristin Johnson, a current Commissioner of the US Commodity Futures Trading Commission (CFTC), for the position of Assistant Secretary for Financial Institutions at the US Department of Treasury. In a May 2 letter addressed to […]
The post Crypto market unsure as Maxine Waters nominates Kristin Johnson for key Treasury position appeared first on CryptoSlate.
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has been accused of misleading Congress by Rep. Patrick McHenry, the chairman of the House Financial Services Committee, who said Gensler's agency already knew it considered Ethereum's ether a security before he attended a hearing and declined to answer that question.
Paul Grewal, the Chief Legal Officer (CLO) of Coinbase, has become a major voice in the continuing discussion about the legal classification of Ethereum by the United States Securities and Exchange Commission (SEC), arguing in favor of the platform’s non-security status. Broader Recognition Of Ethereum Security Nature Taking to the X (formerly Twitter), the Coinbase […]
The company warned that the SEC reversing a position it had held since 2018 on Ether as a security could “spell disaster” for the network and drive innovation to a halt in the U.S.
Known for her fiery dissenting opinions, "Crypto Mom" discusses how the SEC operates, why she wants to see crypto thrive and her "Safe Harbor" proposal to allow projects to decentralize.
The TRON Foundation and Justin Sun asked a New York court to dismiss an SEC lawsuit, arguing that the regulator failed to establish that the court has jurisdiction over the foreign defendants.
Gary Gensler implied many market participants preferred to “whittle away at the SEC’s disclosure regime” rather than register, despite criticism that the requirements were unclear.
The bankrupt crypto lender Genesis Global Capital has agreed to a final judgment ordering it to pay $21 million to settle charges with the U.S. Securities and Exchange Commission (SEC) for violating securities laws by offering and selling its now-defunct Gemini Earn program, the SEC announced Tuesday.
The SEC initially conceded it misled the court but argued a sanction wasn't appropriate.
The U.S. Securities and Exchange Commission's admission that it misrepresented evidence in a lawsuit against the blockchain project DEBT Box casts doubt on its wider enforcement practices, several Republican senators argued in a letter to Chair Gary Gensler.
The Securities and Exchange Commission — forced by courts to permit Bitcoin ETFs — is abusing recent regulatory rules to discourage Bitcoin ETF investments.
Even Gary Gensler voted to approve the spot Bitcoin ETFs.
The SEC chair said Grayscale’s court decision “changed” the Commission’s approach to spot Bitcoin ETF trading on Wall Street.
From hacks to unnecessary delays to ungracious statements, the SEC chair has made few friends as he finally approves these in-demand BTC products for the first time.
Many speculated that the SEC chair had no choice but to approve the investment vehicle after a court-ordered review of Grayscale’s spot Bitcoin ETF application.
One X account has maintained radio silence after it unwillingly “bungled” the spot Bitcoin ETF announcement when it was hacked a day earlier.