68 / 80 Relevant items tagged with #Sec

Posts

SEC Chairman Gensler Releases Another Video Dig at Crypto Industry

[Apr 27, 2023 11:25 AM] Securities and Exchange Commission Chairman Gary Gensler made an investor-education video arguing a systemic lack of compliance in the digital assets sector.

Grayscale CEO Expects Decision on Attempt to Overturn SEC's ETF Rejection by End of 3Q

[Apr 26, 2023 5:17 PM] Michael Sonnenshein still sees crypto industry in its "early days."

SEC’s war on crypto: How far will it go?

[Apr 26, 2023 10:45 AM] The latest Cointelegraph Report tries to make sense of the Security and Exchange Commission's ongoing crypto crackdown, its rationale, and the potential outcome.

Why the Politics of Crypto Feels Different This Time

[Apr 26, 2023 9:04 AM] Last week’s testimony by SEC Chair Gary Gensler before the House Financial Services Committee showed that the political divide towards crypto has never been clearer. Noelle Acheson dives into why this matters now.

Bittrex Global CEO Says Firm Will Fight SEC Charges, Did Not Serve U.S. Customers

[Apr 26, 2023 8:56 AM] The Securities and Exchange Commission has accused Bermuda-regulated Bittrex Global of failing to register as a securities exchange in a lawsuit targeting U.S.-based Bittrex Inc.

Circle CEO blames US crypto crackdown for declining USDC market cap

[Apr 26, 2023 2:28 AM] The market cap of USDC, a stablecoin issued by Circle, has reduced nearly by half over the past six months following a regulatory crackdown and banking crisis.

Bitcoin’s price is down 10% — New bear market or correction?

[Apr 25, 2023 1:00 PM] On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses if the latest price of Bitcoin is a sign of a new bear market starting or just a healthy correction.

Coinbase Files Lawsuit Against SEC Seeking Regulatory Clarity

[Apr 25, 2023 11:44 AM] The cryptocurrency firm is seeking a response to its July 2022 petition asking the SEC for formal guidance for the industry.Cryptocurrency exchange Coinbase has filed a legal action to ask the US Securities and Exchange Commission (SEC) to clarify…

Whales Move Ripple XRP Holdings As Token Plunges Below $0.46, What’s Ahead?

[Apr 25, 2023 10:00 AM] The price of Ripple XRP plummeted below the $0.46 level for the second time in the past three weeks as XRP records increased transactions amid the prevailing bearish trend on the entire crypto market. The firm behind the XRP coin has moved millions…

Coinbase Files Legal Action Against SEC Over Lack of Regulatory Clarity

[Apr 25, 2023 7:00 AM] On April 24, 2023, Coinbase announced that it had filed an action in federal court requesting the U.S. Securities and Exchange Commission (SEC) to respond to their petition. The petition, submitted in July 2022, requested the commission to propose…

Do Kwon seeks SEC charges dismissal as S.Korea rules LUNA as non-security

[Apr 25, 2023 6:48 AM] The South Korean district court recently dismissed security violation charges against Terra co-founder Hyun-seong Shin, deeming LUNA as non-security under Korea’s Capital Markets Act.

First Mover Americas: Coinbase Seeks Clear Answers From SEC

[Apr 25, 2023 6:08 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for April 25, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

OpenSea 'insider trading' trial kicked off in New York district court

[Apr 25, 2023 5:42 AM] The court case might have a decisive influence on the legal classification of NFTs.

Coinbase files court action to compel SEC’s response to rulemaking petition

[Apr 24, 2023 6:42 PM] Coinbase is looking to force the United States Securities and Exchange Commission to respond to its rulemaking petition seeking rules for the crypto industry, a request that’s been pending since July.

Coinbase Asks for Court to Force SEC Response to 2022 Rulemaking Petition

[Apr 24, 2023 6:00 PM] The filing is a preemptive move by the crypto exchange to argue that the SEC's approach doesn't provide sufficient regulatory guidance for U.S. crypto firms.

South Korean Court Rules Terra Crypto Asset LUNC Is Not a Security

[Apr 24, 2023 11:30 AM] Amidst the allegations against Do Kwon, the co-founder of Terraform Labs, a recent report by the Korean Sunday News has revealed that the Seoul Southern District Court has ruled in favor of LUNA, now renamed LUNC, by stating that it is not a…

Pan-European crypto regulation is almost here: Law Decoded, Apr 17–24

[Apr 24, 2023 10:45 AM] The Markets in Crypto-Assets Act, also known as MiCA, was finally passed by the European Parliament.

Terra's Do Kwon Wants SEC Charges Dismissed, Court Filings Show

[Apr 24, 2023 4:59 AM] The SEC cannot regulate digital assets involved in the case as the UST stablecoin is a currency, not a security, lawyers for the disgraced crypto executive said.

SEC wins $2.8M in suit over alleged crypto token price manipulation

[Apr 23, 2023 9:50 PM] Hydrogen Technology Corp. and its former CEO will pay $2.8 million in fines and remedies for allegedly operating a price manipulation scheme.

Do Kwon Challenges SEC’s Jurisdiction in Multibillion-Dollar Crypto Securities Fraud Case

[Apr 22, 2023 3:30 PM] Attorneys defending the co-founder of Terraform Labs, Do Hyeong Kwon, also known as Do Kwon, have presented their argument that says the U.S. Securities and Exchange Commission (SEC) has no jurisdiction in the matter. The legal team asserts that…

Do Kwon lawyers reportedly dismiss SEC's securities fraud allegation

[Apr 22, 2023 12:02 AM] Kwon's lawyers claimed that the SEC failed to prove the alleged defrauding of US investors in connection with Terra’s $40 billion collapse of TerraUSD (UST) and Luna (LUNA).

First Mover Americas: Bitcoin Falls to $28K

[Apr 21, 2023 6:24 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for April 21, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

SEC’s ‘brute force’ crypto regulation attempt is ‘bad policy’ — Paradigm

[Apr 20, 2023 9:44 PM] The venture capital firm pointed out the fundamental differences between crypto assets and securities.

U.S. SEC Warns Advisers They Need to Know Crypto Before Recommending to Clients

[Apr 20, 2023 1:00 PM] The U.S. Securities and Exchange Commission (SEC) is advising brokers and investment advisers that they need to use heightened scrutiny when it comes to making crypto recommendations to ensure the risky products are in the best interests of their…

Ether’s Security Status Remains Unclear as SEC Chair Gensler Fails to Answer Lawmaker’s Question

[Apr 19, 2023 7:30 PM] The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, would not answer a direct question in a congressional hearing about whether ether is a security. While the SEC chair insisted that the law is clear on crypto…

Ethereum Crashing Hours After SEC Head Failed To Clarify ETH’s Security Status

[Apr 19, 2023 11:00 AM] Ethereum prices are free-falling less than 24 hours after Gary Gensler, the chairperson of the United States Securities and Exchange Commission (SEC), was put to task on whether ETH, the native cryptocurrency of Ethereum, was a security or a…

US Lawmaker Introducing Legislation to Remove SEC Chairman Due to ‘Long Series of Abuses’

[Apr 19, 2023 2:30 AM] A U.S. lawmaker has announced that he is introducing legislation to remove the Securities and Exchange Commission (SEC) chairman in order to “correct a long series of abuses.” The SEC, under Chair Gary Gensler, has been heavily criticized for…

SEC Chair Gensler Declines to Say if Ether Is a Security in Contentious Congressional Hearing

[Apr 19, 2023 2:05 AM] Securities and Exchange Commission Chair Gary Gensler refused to say whether ether, the second-largest cryptocurrency by market cap, was a security during a nearly five-hour hearing Tuesday.

What’s in the House Financial Services Committee’s Stablecoin Bill?

[Apr 18, 2023 4:29 PM] The House Financial Services Committee has finally unveiled its stablecoin legislation, proposing a framework for stablecoin issuers such as Circle and Tether to define how their offerings can be regulated by state and federal entities, while…

Speakers prepare to tell US House Financial Services Committee about stablecoins

[Apr 18, 2023 3:29 PM] Five experts will testify at a hearing titled “Understanding Stablecoins’ Role in Payments and the Need for Legislation,” with two of them releasing their scripts in advance.