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Nalezeno "Gensler": 1009

ETH can be a security and a commodity: Former CFTC commissioner

24.5.2023
Ether can simultaneously be a security and commodity under the regulatory scope of the SEC and CFTC, former CFTC commissioner Dan Berkovitz claimed

SEC has no authority over crypto, argues defendants in $18M fraud lawsuit

23.5.2023
Two individuals sued by the SEC for allegedly running a fake crypto mining scheme are seeking the suit's dismissal, arguing the regulator has no authority over crypto

Should Bored Apes or other NFTs be regulated as securities?

22.5.2023
Bored Apes look a lot like baseball cards. But regulators — particularly at the Securities and Exchange Commission — are making a strained case to the contrary

Ripple CEO Accuses US Regulator of ‘Hypocrisy’ on Twitter

17.5.2023
Ripple CEO Brad Garlinghouse did not hold back on Twitter in criticizing the US Securities and Exchange Commission for its “hypocrisy” in public statements about the cryptocurrency industry. Garlinghouse tweeted a meme from The Office where a character looks befuddled in response, while adding...

SEC chair Gensler claps back at Coinbase, says crypto rules already exist

16.5.2023
Speaking at the Financial Markets Conference, the SEC chair asserted that the rules for crypto are already in place and that the crypto sector has been largely non-compliant

SEC Chair Says Crypto Intermediaries Are Rife With Conflict and Urges Compliance

15.5.2023
The US Securities and Exchange Commission stands ready to help crypto intermediaries come into compliance, said the agency’s Chair Gary Gensler. Gensler spoke Monday at the Atlanta Fed's 2023 Financial Markets Conference, following rising tension between the regulator and exchanges on how to...

SEC Chair Gensler Argues That Rules Already Exist To Regulate Crypto in Light of Coinbase Pushback

15.5.2023
US Securities and Exchange Commission’s Chair Gary Gensler pushed back against Coinbase’s call to have the agency propose and adopt rules for digital assets. Gensler was asked on Monday during Atlanta Fed's 2023 Financial Markets Conference to comment on the dispute with Coinbase why the...

Leaked Memo Suggests Democrats on US House Committee Were Told to Support Party Position on Crypto Regulation

13.5.2023
Democratic Party members of the U.S. House Committee on Financial Services were handed a memo instructing them to back the party’s position on crypto regulation moments before the commencement of the hearings on May 10. According to the party’s leaked memo, Democrats on the committee...

SEC Chair Warns US Default Would Have ‘Significant’ and ‘Lasting Effects’ on Investors, Markets

12.5.2023
Securities and Exchange Commission (SEC) Chairman Gary Gensler has warned that the U.S. Treasury defaulting on its debt obligations “would have very significant, hard to predict, and likely lasting effects on investors, issuers, and markets alike.” Gensler stressed: “We’ve already seen an effect...

US House Financial Services Committee Chair Rep. McHenry Accuses SEC Chair of Avoiding Answering Questions

11.5.2023
House Financial Services Committee Chair Patrick T. McHenry accused US Securities and Exchange Commission Chair Gary Gensler of avoiding requests for information about cryptocurrency-related matters, going so far as to threaten a hearing if they don’t hear back soon.... Read More: US House...

Ripple CEO Says Company Spends $200 Million Fighting SEC Lawsuit Over XRP, Ruling Could Come in 3 Months

9.5.2023
Ripple CEO Brad Garlinghouse has revealed that his company is spending $200 million defending itself against the SEC in its lawsuit over xrp. The executive expects a decision on the lawsuit in three to six months. “If we win the lawsuit, it’ll be clear what xrp is, but the rest of...

Lawyer Expects SEC to Lose if It Sues Coinbase Due to ‘Fatal Flaw’ of Gary Gensler’s Own Making

7.5.2023
A lawyer has explained why the U.S. Securities and Exchange Commission (SEC) will likely lose if the regulator takes crypto exchange Coinbase to court over alleged securities law violations. “The problem is entirely of Gary Gensler’s own making,” he stressed. Lawyer Expects SEC to Lose Against...

The Need for Clarity in Washington – Not Just on Crypto

5.5.2023
The recent ambiguous messaging from the Federal Open Market Committee's meeting, which left markets struggling to interpret signals from the FOMC statement and Chair Jerome Powell's comments, is typical of the abstruse signals that can be found in central bank policy-setting. But new tools, such...

U.S. Regulator Cuts Digital Assets Out of Hedge Fund Rule

4.5.2023
The Securities and Exchange Commission has decided to leave digital assets out of a new rule requiring more information from hedge fund and private equity advisers. The agency voted to adopt new changes to private fund reporting, specifically to Form PF — a reporting form for registered...

SEC steps back from defining digital assets in new hedge fund rules

4.5.2023
The SEC and its staff are “continuing to consider” the term “digital assets” despite proposing a definition of the term around nine months ago

What the Gensler hearing means for US crypto regulation and policy

1.5.2023
Gensler was reluctant to go into details and faced symbolical pressure rather than genuine attempts to interrogate, leaving the crypto industry without any new clarity

US Senator Ted Cruz: ‘I Like BTC for the Same Reason the Chinese Communist Govt Doesn’t Like BTC’

30.4.2023
United States Senator Ted Cruz has said he remains “incredibly bullish on bitcoin” which he described as the “alpha in the crypto sphere.” According to Cruz, people are attracted to bitcoin because they see it as a hedge against inflation and also as an “important...