Tag: SEC

Tad Park, the founder and Chief Executive Officer (CEO) of Vault Equity, believes that United States regulators are delaying the approval of pure Bitcoin-related Exchange Traded Fund (ETF) for a reason. On Tuesday, during an interview, the CEO said he supports the United States Securities Exchange Commission (SEC) on their willingness to approve BTC ETF.  […]

SEC Commissioner Caroline Crenshaw has insisted that the ‘safe harbor’ for crypto firms, would actually have worsened the situation that happened during the initial coin offering (ICO) boom of 2017 and 2018. Caroline Crenshaw, who’s a commissioner at the U.S. Securities and Exchange Commission (SEC), made the comments at the yearly “SEC Speaks” program, before […]

Todd Rosenbluth, the senior ETF and mutual fund researcher at research firm CFRA says that the wait for Bitcoin futures ETF (Exchange-Traded Funds) could be longer for crypto investors. On October 12, during CNBC’s event “ETF Edge,” he said that the Bitcoin futures ETF would most likely be the first ETF to gain approval. However, […]

XRP Lawsuit recently witnessed a new turn when the Court granted Ripple’s appeal. The company appealed on September 24 that there is a need to have an in-camera review of three additional documents by the Securities and Exchange Commission (SEC). Ripple believes that the prosecutor has either changed or withheld several aspects under the name […]

The head of the Securities and Exchange Commission (SEC), Gary Gensler, has confirmed to Congress his department has no power to prohibit cryptocurrency. “Prohibiting” crypto “does not fall within the scope of the SEC’s duty.” Gensler said during a House Committee on Financial Services hearing on Oct. 5, adding: “That would be up to Congress.” […]

The United States Securities and Exchange Commission (SEC) has been subpoenaing the Circle, the company which handles one of the largest stablecoin in the crypto industry, USD coin.  Circle has registered a regulatory filing on October 4, according to which, SEC’s enforcement division had released an “investigative subpoena” for the company in July. After receiving […]

U.S. Securities and Exchange Commission (SEC) chairman, Gary Gensler, says that crypto won’t end well if it stays outside regulations. His statement may be in reply to the wide criticisms that has greeted the commision’s approach towards enforcing strict regulations of the crypto industry. SEC Chair Says Crypto Won’t End Well If It Stays Outside […]

U.S. senator, Pat Toomey has called out Gary Gensler, the present chairman of the U.S. Securities and Exchange Commission (SEC). The high ranking senator in his letter to the SEC chairman, explained that there is need for SEC to really say in clear terms, how to be in line with crypto regulations. Pat also said […]

The whole crypto world involving several high-profile crypto firms is distressed, and the investors are confused. The reason is the confusion regarding regulatory activities happening in the United States. In this situation, Kraken suggests taking a pragmatic approach. On Thursday, Kraken chief legal officer (CLO), Marco Santori, said that the people who believe that the […]

US-based cryptocurrency exchange, Coinbase, is looking to hire a new executive with political experience and judgment to manage its relationship with Washington. The need for a political expert has become more evident after the company’s relationship with the Securities and Exchange Commission (SEC) deteriorated over the past few weeks. According to the Job listing on […]

Coinbase CEO Brian Armstrong infotmrf regarding the U.S. Securities Exchange Commission approach to its planned DeFi lending service. Brian Armstrong provided information on Twitter on Sept. 8 to defend his companies position against the newest report from Sam financial regulator, the Security Exchange Commission. In a blog post titled “The SEC has told us it […]

SEC started probes on other DeFi Dapp platforms other than Uniswap 2 weeks ago US Security Exchange Commission chairman, G. Gensler, promised to crack down cryptocurrencies The US Securities and Exchange Commission (SEC) is reported to possess started probes on other DeFi Dapp platforms apart from Uniswap. According to reports, the US SEC investigation into […]

The bitcoin (BTC) ball is decidedly in the regulators’ court in the United States, where the Securities and Exchange Commission (SEC) is now “on the clock” – with the crypto world eagerly awaiting its response for Key Bitcoin ETF Decision. Many believe that approval of a bitcoin exchange-traded fund (ETF) in the United States would […]

The Securities and Exchange Commission is once again requesting that Telegram provide banking data records on its Gram initial coin offering (ICO). The timing of the request, filed on Jan. 10, coincides with new evidence of alleged underwriters requesting commission fees for the sale of Telegram tokens. The reappearance of an earlier request to provide […]

In its long string of crackdowns on ICOs, the SEC Charged a Shopin ICO that raised $42 million during peak token sale season. The US Securities and Exchange Commission cracked down on another ICO from the boom times of token sales. After receiving complaints, the SEC charged the founders of the Shopin ICO for securities […]

The bitcoin market isn’t yet mature enough to support an exchange-traded fund – ETF. So said the U.S. Securities and Exchange Commission (SEC) last week when it rejected Bitwise’s bitcoin ETF proposal in a mammoth 112-page order that included more than 500 footnotes. Legal experts said the decision suggests that a bitcoin ETF may still […]

Telegram Open Network (TON) developers responded to its investors after American regulators abruptly announced that its $1.7 billion token sale was illegal. No clear feedback from SEC for 18 months regarding Telegram Open Network According to a TON letter to investors obtained by Cointelegraph, the firm has been trying to solicit feedback from the United […]

Three U.S. financial regulators on Friday issued a warning to firms with registered digital assets that they have an obligation to follow securities laws prohibiting money laundering and requiring disclosure of suspicious activity. The notice, from the U.S. Securities and Exchange Commission, Commodity Futures Trading Commission and the Financial Crimes Enforcement Network, seeks to clarify […]