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US appeals court says SEC exceeded authority with fund rule
6.6.2024
The Fifth Circuit found that the regulator overstepped its authority in its new rules affecting hedge funds. Could this ruling be a good sign for crypto?
Ripple President Says SEC on ‘Warpath’ With Crypto Industry
6.6.2024
The president of Ripple Labs has criticized the U.S. Securities and Exchange Commission (SEC)’s approach to regulating the crypto sector, emphasizing that the regulator is on a “warpath” with the industry. She highlighted the inefficiency of the current approach, stating:...
Crypto’s Latest Privacy Battle
5.6.2024
SEC Commissioner Advocates for Withdrawal of SAB 121 — Says Biden’s Veto Was Unfortunate
5.6.2024
U.S. Securities and Exchange Commission (SEC) Commissioner Mark Uyeda advocates for the withdrawal of Staff Accounting Bulletin 121 (SAB 121), which sets guidelines for accounting crypto liabilities. He argues that the method of its issuance undermines the foundational checks and balances designed...
SEC's Gensler Shrugs About New Crypto ETFs Strolling Through His Agency's Gates
5.6.2024
The approval of new exchange traded funds (ETFs) for Ethereum's ether {{ETH}} is a logical next step to the regulator previously approving spot bitcoin ETFs, U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler seemed to suggest twice on Wednesday
Spot Ether ETF approvals will ‘take some time’ — Gary Gensler
5.6.2024
The SEC Chair spoke on CNBC on June 5, suggesting the commission could delay approving S-1 registration statements for exchanges listing spot Ether ETFs
SEC Closing Salt Lake Regional Office After Failed Legal Battle Against Crypto Firm
5.6.2024
The U.S. Securities and Exchange Commission (SEC) has announced the closure of its Salt Lake Regional Office (SLRO) due to attrition and a focus on organizational efficiency. This move will reduce the number of SEC regional offices from 11 to 10. The jurisdiction for Utah, previously held by SLRO...
BlackRock and Citadel back new Texas national stock exchange
5.6.2024
The Texas Stock Exchange (TXSE) reportedly secured around $120 million in funding and is prioritizing ETF listings, as well as aiming to offer a more competitive alternative to the two major US stock exchanges
Thailand’s SEC Approves Bitcoin ETF Fund for Wealthy Investors
5.6.2024
The Securities and Exchange Commission (SEC) of Thailand has granted approval to One Asset Management (ONEAM) to launch a fund that invests in spot bitcoin exchange-traded funds (ETFs). The fund, named “One Bitcoin ETF Fund of Funds Unhedged Fund Not For Retail Investors...
SEC to close regional office after judge dismisses DEBT box case
4.6.2024
A judge ordered the U.S. Securities and Exchange Commission to pay $1.8 million following “bad faith conduct” over a temporary restraining order to freeze DEBT Box’s assets
SEC to Shutter Office Behind Failed DEBT Box Crypto Lawsuit
4.6.2024
The Securities and Exchange Commission's Salt Lake City office – notorious in the crypto world for its failed fraud lawsuit against DEBT Box – will shut down after seeing "significant attrition" among its staff, some of whom were pushed out over the case
Ethereum ETF excitement? ETH futures tell a different story
4.6.2024
ETH futures reflect pessimism with crypto regulation and potential delay in the spot ETF launch
SEC Ethereum ETF decision unlikely driven by politics: Bernstein
4.6.2024
Bernstein analysts Gautam Chhugani and Mahika Sapra believe the United States securities regulator likely approved the spot Ether ETFs to avoid a legal battle
Biden vetoes House and Senate votes on SEC’s anti-crypto resolution: Law Decoded
3.6.2024
United States President Joe Biden has vetoed a resolution that would have overruled the U.S. Securities and Exchange Commission Staff Accounting Bulletin No. 121
FIT21 bill a ‘watershed moment’ for crypto despite CFTC-SEC friction
3.6.2024
FIT21 is the first bipartisan legislation of its kind to pass in either chamber of Congress, but is its dual-agency model workable?
Coinbase’s Legal Chief: SEC Is Bent on Choking the Digital Asset Industry
3.6.2024
Coinbase’s chief legal officer, Paul Grewal, announced that the crypto exchange has filed a closing brief in the Third Circuit challenging the SEC’s denial of their rulemaking petition. The brief argues that the SEC’s order, which disagrees with claims that SEC rules...
Crypto Voter Backlash: How Biden’s Veto May Have Cost Him the 2024 Election
2.6.2024
After a period of intense scrutiny of the cryptocurrency industry, many speculated that the Biden administration had reversed its stance by allowing the U.S. Securities and Exchange Commission (SEC) to approve several spot ethereum exchange-traded funds (ETFs). However, President Joe Biden...
Banking Associations Support Resolution to Overturn SEC’s Controversial Crypto Rules
2.6.2024
The American Bankers Association, Bank Policy Institute, Financial Services Forum, and Securities Industry and Financial Markets Association sent a letter to President Joe Biden on May 31, urging him to sign the resolution passed by Congress to overturn the SEC’s Staff Accounting Bulletin...
Sleepy Crypto Market ‘May Get Caught Offside’: QCP Capital Eyes Bullish Shift in Ethereum
2.6.2024
This weekend, the Singaporean cryptocurrency firm QCP Capital reported a significant drop in market volatility after the approval of spot ethereum (ETH) exchange-traded funds (ETFs), despite ongoing catalysts. QCP highlighted that bitcoin is under bearish pressure due to potential new supply from...
US SEC is ‘bent on choking’ the crypto industry — Coinbase
2.6.2024
The United States Securities and Exchange Commission “is serious about the destruction of digital assets,” according to cryptocurrency exchange Coinbase