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Tag: Securities and Exchange Commission (SEC)

US SEC Delays Decision on Bitcoin ETFs by WisdomTree and One River

The US Securities and Exchange Commission (SEC) delayed on Monday its decision on whether to allow or not the listing and trading of spot Bitcoin (BTC) exchange-traded funds or ETFs from WisdomTree...

BlockFi user data breached in HubSpot hack, other crypto firms affected

BlockFi says users’ personal details, including names and emails were targeted after hackers attacked its CRM platform provider, HubSpot.

The post BlockFi user data breached in HubSpot hack, other crypto firms affected appeared first on Protos.

Who’s in Charge of What? Breaking Down the Crypto Executive Order

Washington DC stablecoin

Most reports to be submitted to President Biden are due within six months, but legislation could take years

The post Who’s in Charge of What? Breaking Down the Crypto Executive Order appeared first on Blockworks.

Coinbase Facing Lawsuit Over Unlicensed Crypto Asset Sales

U.S. crypto exchange giant Coinbase has found itself in another legal battle, this time over the sales of cryptocurrencies that may be deemed as securities.

Ripple CEO Brad Garlinghouse Says Recent Court Victory Against the SEC Is a Win for the Whole Crypto Industry

Ripple CEO Brad Garlinghouse is celebrating a recent court decision to deny the U.S. Securities and Exchange Commission (SEC) a motion seeking to strike the payment company’s fair notice defense. In the ongoing lawsuit, the SEC alleged that the payments company unlawfully sold XRP as an unregistered security, a position the regulator maintains to this […]

The post Ripple CEO Brad Garlinghouse Says Recent Court Victory Against the SEC Is a Win for the Whole Crypto Industry appeared first on The Daily Hodl.

Congress Members Alleges SEC for ‘Stifling Innovations’

Questions About A Trader Who Turned $50 Into $8M Made BBC Pull Out Documentary

Gary Gensler, the Chair of the U.S. Securities and Exchange Commission was questioned in a letter by eight members of the U.S. Congressional Blockchain Caucus concerning the treatment of SEC towards crypto firms.  Congress Members’ Crypto Probe The initiative was spearheaded by Congressman Tom Emmer (R-MN) on March 16, 2022. Emmer took to Twitter stating that the U.S. Congress office had been receiving several tips from many crypto and blockchain firms alike.  These tips were shared in regards to Gensler’s ‘requests’ to the crypto community that was burdensome, not voluntary, and were bordering towards ‘stifling innovation.’ My office has received numerous tips from crypto and blockchain firms that SEC Chair @GaryGensler’s information reporting “requests” to the crypto community are overburdensome, don’t feel particularly… voluntary… and are stifling innovation. — Tom Emmer (@RepTomEmmer) March 16, 2022 Tom Emmer replied to his tweet by sharing his bipartisan letter to the SEC Chair which was highly appreciated by the Blockchain Association. The Association gave the due credits to the eight members including Emmer, Darren Soto, Warren Davidson, Jake Auchincloss, Byron Donalds, Josh Gottheimer, Ted Budd, and Ritchie Torres. This is why I sent a bipartisan letter today to SEC Chair @GaryGensler with @RepDarrenSoto, @WarrenDavidson, @RepAuchincloss, @RepDonaldsPress, @RepJoshG, @RepTedBudd, and @RepRitchie regarding the SEC’s crypto information seeking process. pic.twitter.com/8HcTgZA0XL — Tom Emmer (@RepTomEmmer) March 16, 2022 The letter alleged the Securities and Exchange Commission’s Chair in gathering information in an inconsistent manner, which was the polar opposite to Commission’s standards for “initiating investigations.” Gary Gensler is known for being a nemesis of the crypto industry for a long time.

The post Congress Members Alleges SEC for ‘Stifling Innovations’ appeared first on Cryptoknowmics-Crypto News and Media Platform.

US Lawmakers Call Out SEC For Putting Unnecessary Burden On Crypto, Stifling Innovation

A group of congressmen are appealing to the US Securities and Exchange Commission (SEC) to be more accommodative to the crypto industry, criticizing the agency’s current stance on the space. Writing to SEC Chair Gary Gensler, Tom Emmer of Minnesota, Darren Soto of Florida, Warren Davidson of Ohio, Jake Auchincloss of Massachusetts, Byron Donalds of […]

The post US Lawmakers Call Out SEC For Putting Unnecessary Burden On Crypto, Stifling Innovation appeared first on Coin Bureau.

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