May 28, 2024 12:00

What comes after spot Ether ETF approvals? Execs weigh in

Consensys director of global regulatory matters Bill Hughes interpreted the approval as an admission that Ether is a commodity.

May 02, 2025 02:35

From Europe to America: 21Shares Pursues Spot SUI ETF in US

21Shares joins Canary Capital in the race for a US spot SUI ETF, expanding from Europe as the SEC reviews 72+ crypto ETF filings.

May 30, 2023 05:50

Robert Kennedy Jr Slams SEC for Protecting Banks Instead of American People — Calls for Crypto-Friendly Commissioners

U.S. presidential candidate Robert F. Kennedy Jr. says he does not want anti-crypto people on the Securities and Exchange Commission (SEC). He also slammed the securities regulator for protecting banks rather than the American people. “What they’re doing is obscure, it’s not transparent, and it’s not bringing transparency to our system,” said the presidential hopeful. [...]

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Mar 31, 2023 05:50

Gary Gensler: SEC Needs New Tools, Expertise, and Resources to Regulate Crypto Industry

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler said in a congressional hearing that the securities regulator “requires new tools, expertise, and resources” to combat misconduct in the crypto space. “We’ve seen the Wild West of the crypto markets, rife with noncompliance, where investors have put hard-earned assets at risk in a highly speculative [...]

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Jul 30, 2023 05:50

SEC Chair Gary Gensler Says Crypto Is a Highly Speculative Field ‘Rife With Fraud’

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has called crypto “a highly speculative asset class” and a field that is “rife with fraud.” He stressed that there are far too many bad actors in crypto, noting that crypto platforms often commingle funds and trade against their customers. Gary Gensler Says Crypto Field Rife [...]

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Jun 25, 2023 05:50

Binance’s ‘Provocative’ Motion Against SEC Could Expedite Criminal Charges, Warns Former SEC Official

The U.S. Securities and Exchange Commission (SEC)’s former head of internet enforcement has warned that Binance’s recent motion accusing the regulator of ethical violations could expedite criminal charges against the crypto exchange. “Binance’s motion is provocative and Binance’s antagonistic, arrogant, accusatory, and unorthodox ethics battle-cry could fan the flames of whatever Binance-related criminal prosecution is [...]

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Jul 22, 2023 05:50

SEC Asks for Increased Funding to Tackle Crypto Market Risks and Wrongdoing

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has asked Congress for more funding for his agency to address “risks in the crypto markets.” In a Senate hearing, he stressed: “We’ve seen the Wild West of the crypto markets, rife with noncompliance, where investors have put hard-earned assets at risk in a highly speculative [...]

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Aug 05, 2022 09:25

SEC Chair Says the Public Will Benefit From Crypto Regulation...

U.S. Securities and Exchange Commission Chair Gary Gensler on crypto regulation and basic protections for the public.

Last week, investor Kevin O'Leary (best known as one of the Sharks on Shark Tank TV show) says he believes TRILLIONS of instructional investment funds are sitting on the sidelines, simply waiting regulations they need to see in place before investing. 

Video Courtesy of Yahoo FinanceSubscribe to GCP in a reader

Jun 30, 2022 04:15

SEC Chair Shares His Outlook on New Regulations, and Why He Believes Many Projects Are Already "Non-Compliant' with Existing Regulations...

SEC Chair Gary Gensler talks potential regulation over cryptocurrencies, a crypto-backed ETF and more. 

"When there's a group of entrepreneurs that are selling something to the public saying 'we've got this great idea' when you do that you have to have basic disclosures, full and fair disclosures." says Gensler.

While this currently presents another bump in the road, most analysts believe that once the government makes the rules clear, and removes the mystery around 'how will they regulate crypto' - there are billions waiting to flow in to the market.
Video Courtesy of CNBC

 

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Aug 05, 2022 09:25

SEC Chair Shares His Outlook on Potential New Regulations...

SEC Chair Gary Gensler talks potential regulation over cryptocurrencies, a crypto-backed ETF and more. 

"When there's a group of entrepreneurs that are selling something to the public saying 'we've got this great idea' when you do that you have to have basic disclosures, full and fair disclosures." says Gensler.

While this currently presents another bump in the road, most analysts believe that once the government makes the rules clear, and removes the mystery around 'how will they regulate crypto' - there are billions waiting to flow in to the market.
Video Courtesy of CNBC

 

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May 26, 2022 09:01

SEC Commissioner on Possible US Regulations in Response to the Terra/Luna Collapse...

 (Beginning at 2min 18sec in to the video) SEC commissioner Hester Peirce discusses the effect Terra's collapse could have on crypto regulation in the U.S.

Video Courtesy of CNBC

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Nov 17, 2021 02:50

Bitconnect Is In The News Today. Why?

Yes, you read that right. The Ponzi scheme Bitconnect is making the news today. This time, there is a good outcome for investors. Covered: DOJ v. Bitconnect Textbook Ponzi Scheme Ongoing Scars Of Bitconnect DOJ v. Bitconnect Bitconneeeeeect! If you haven’t heard of the Bitconnect scam that went viral in 2017, do yourself a favor […]

The post Bitconnect Is In The News Today. Why? appeared first on CryptosRus.

Jun 21, 2023 05:50

Crypto Exchange Backed by Fidelity, Schwab, Citadel Launches With Trading of 4 Cryptocurrencies

The cryptocurrency exchange backed by Charles Schwab, Citadel Securities, Fidelity Digital Assets, Paradigm, Sequoia Capital, and Virtu Financial has launched and completed a new funding round. The platform offers the trading of four cryptocurrencies. EDX Crypto Exchange Launches EDX Markets announced Tuesday “the successful launch of its digital asset market and the completion of an [...]

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Jul 19, 2023 05:50

US Lawmakers Call on SEC to Stop Regulatory Assault on Crypto Following XRP Ruling

U.S. lawmakers have called on the U.S. Securities and Exchange Commission (SEC) to drop its regulatory assault on the crypto industry following the landmark ruling on the SEC v. Ripple case regarding XRP. “The SEC has chosen to communicate and regulate not by clear rule or guidance but by enforcement actions, often politically timed,” one [...]

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Jun 14, 2023 05:50

SEC and Binance.US to negotiate deal avoiding total asset freeze

Binance.US and the United States Securities and Exchange Commission (SEC) have agreed to work on an arrangement that will allow the exchange to avoid freezing all of its assets. On June 14, Bloomberg reported U.S. District Judge Amy Berman Jackson referred the two organizations to a magistrate judge to work towards a compromise arrangement that [...]

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Aug 13, 2023 05:50

Former SEC Official Warns ‘Crypto Regulatory Onslaught Will Never End’

The U.S. Securities and Exchange Commission’s former head of internet enforcement has warned that “crypto regulatory onslaught will never end.” He claimed that cryptocurrency trading platforms, like Binance and Coinbase, are simply playing “a short game of regulatory arbitrage, all carried out in an effort to make as much fiat as possible before their inevitable [...]

The post Former SEC Official Warns ‘Crypto Regulatory Onslaught Will Never End’ appeared first on Crypto Breaking News.

Dec 06, 2024 12:00

SEC defends amended suit against Binance, CZ over securities claims

In the latest round of the SEC suit against Binance, Binance.US and CZ, the agency has largely repeated itself in a form more acceptable to the court.

Aug 12, 2023 05:50

Senator Lummis files Amicus Brief supporting Coinbase’s dismissal motion against SEC

Crypto-friendly Senator Cynthia Lummis has filed an Amicus Brief supporting Coinbase’s motion to dismiss the U.S. Securities and Exchange Commission’s lawsuit against the firm. An Amicus Brief is a document filed in court by a party that is not directly involved with the related case. They are generally used to add supporting arguments to one [...]

The post Senator Lummis files Amicus Brief supporting Coinbase’s dismissal motion against SEC appeared first on Crypto Breaking News.

Nov 05, 2024 12:00

US regulators mull approving Grayscale crypto index ETF

Grayscale Digital Large Cap Fund could be the first US ETF to hold altcoins such as Solana and AVAX if approved. 

Nov 16, 2024 12:00

NYSE Arca files to list Bitwise crypto index ETP

NYSE Arca has filed with the SEC to list the Bitwise 10 Crypto Index Fund, aiming to convert the $1.3 billion trust into a regulated ETP.