Category: SEC

Gensler appeals for ‘one rule book’ in negotiations with CFTC over crypto regulation

June 24, 2022

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In an interview with The Financial Times, SEC chair Gary Gensler said he is working on a memorandum of understanding with the agency’s digital asset market co-regulator. 2842 Total views 33 Total shares United States Securities and Exchange Commission (SEC) chair Gary Gensler is in talks with Commodity Futures Trading Commission (CFTC) officials on a […]

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XRP price rally stalls near key level that last time triggered a 65% crash

June 24, 2022

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XRP‘s ongoing upside retracement risks exhaustion as its price tests a resistance level with a history of triggering a 65% price crash. XRP price rebounds 30%  XRP’s price gained nearly 30%, rising to $0.36 on June 24, four days after rebounding from $0.28, its lowest level since January 2021. The token’s retracement rally could extend to […]

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Law Decoded, June 13–20: Celsius exodus and liquidity crisis

June 21, 2022

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American platform became the first one to freeze the withdrawal operations, but might not be the last 1139 Total views 28 Total shares Last week, the Celsius Network wrote its name in the alarming recent history of the crypto market failures alongside Terra. The American platform has unstaked $247 million worth of Wrapped Bitcoin (wBTC) […]

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Senators join chorus of disapproval of ‘backdoor regulation’ in SEC staff accounting bulletin

June 17, 2022

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Five Republican senators, including “Crypto Senator” Cynthia Lummis, have sent a letter to the SEC regarding its March bulletin, which established broad new requirements for trading platforms. 1116 Total views 20 Total shares United States Senator Bill Hagerty has sent a letter, cosigned by four other Republican senators, to Securities and Exchange (SEC) Commission chair […]

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SEC boss worries crypto bill undermines financial protections

June 15, 2022

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A provision in the bill gives authority over some cryptocurrencies to the Commodity Futures Trading Commission (CFTC), with the agency head saying it cares about having “rigorous oversight of markets.” 1515 Total views 19 Total shares United States Securities and Exchange Commission (SEC) Chair Gary Gensler said he’s worried that a proposed bill to create […]

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OpenSea ‘insider trading’ could see NFTs labeled securities: Former SEC lawyer

June 2, 2022

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Former SEC lawyer says OpenSea insider trading case could end with NFTs labeled as securities. 1343 Total views 44 Total shares Former United States Securities and Exchange Commission lawyer Alma Angotti says this week’s news about an OpenSea employee being charged with insider trading could open the doors to nonfungible tokens (NFTs) being labeled as […]

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One River’s spot Bitcoin ETF application rejected by SEC

May 27, 2022

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The proposed environmentally conscious spot ETF was found to be insufficiently protected against fraud and manipulation, like many ETF proposals before it. 2467 Total views 30 Total shares The United States Securities and Exchange Commission (SEC) maintained its perfect record for rejecting Bitcoin (BTC) spot exchange-traded fund (ETF) applications Friday when it disapproved a rule […]

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SEC can’t confirm if video of Bill Hinman is actually Bill Hinman in Ripple case

May 20, 2022

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The U.S. Securities and Exchange Commission (SEC) is unable to confirm or deny if a video predominately featuring Bill Hinman actually features Bill Hinman. Bill Hinman, also known as William Hinman, is the former director of the SEC’s Division of Corporation Finance, and he has become a key factor in the long-running legal dispute between […]

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Coinbase launches new crypto think tank to help shape policies

May 19, 2022

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Coinbase’s new “crypto native think tank” features an advisory board of finance and law academics from top United States universities and will publish original research to shape policies around crypto. 1135 Total views 26 Total shares Cryptocurrency exchange Coinbase has created a “crypto native think tank” in an attempt to help shape the global conversation […]

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SEC’s Hester Peirce says new stablecoin regs need to allow room for failure

May 13, 2022

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The SEC’s “crypto mom” Hester Peirce has said the regulatory “movement” around stablecoins needs to allow for “trial and error” and room for failure. 1877 Total views 5 Total shares Commissioner Hester Peirce — also known as the United States Securities and Exchange Commission’s (SEC) “crypto mom” — has backed a regulatory framework for stablecoins […]

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