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House committee chairman threatens SEC chair with subpoena, but not over crypto

12.10.2023
U.S. House Oversight and Accountability Committee chair James Comer thinks Genlser is stonewalling him. Crypto supporters know the feeling

Berkshire Vice Chair Charlie Munger Warns Most Crypto Investments Will Go to Zero

9.10.2023
Warren Buffett’s right-hand man and the vice chairman of Berkshire Hathaway, Charlie Munger, has expressed his belief that the majority of cryptocurrency investments will become worthless. Regarding bitcoin, the executive opined: “That was the stupidest investment I ever saw.”...

CFTC Chair Clashes with SEC's Gensler, Argues Majority of Crypto Should Be Seen as Commodities

3.10.2023
Yesterday at the Futures Industry Association Expo, Rostin Behnam, Chair of the U.S. Commodity Futures Trading Commission (CFTC), reiterated his call for a comprehensive regulatory structure for the crypto sector. ... Read More: CFTC Chair Clashes with SEC's Gensler, Argues Majority of Crypto...

One-third of all CFTC crypto enforcement actions took place this year: Chair Behnam

2.10.2023
CFTC chair Rostin Behnam told an audience at the Financial Industry Association Expo about the agency’s activity in the crypto space and its need for modern legislation

Lambo Livestream Goes Wrong for Bitboy, Kiyosaki Says Buy BTC, Lawmakers Push ETF Approval — Week in Review

1.10.2023
A livestream in which Ben “Bitboy” Armstrong is hunting down his allegedly stolen Lamborghini ends up with the crypto influencer arrested. In other news this week, Rich Dad Poor Dad author Robert Kiyosaki says to purchase bitcoin before markets crash, and U.S. lawmakers push SEC Chair...

Gary Gensler Explains Why SEC Is Taking Litigation-Heavy Strategy to Regulate Crypto

1.10.2023
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has explained why the securities regulator is taking a litigation-heavy strategy to regulate the crypto industry. The SEC chair insisted that enforcement actions against crypto firms are not brought with a political agenda...

Former US President Donald Trump May Change Crypto Stance Dramatically, Says Ex-SEC Official

1.10.2023
The U.S. Securities and Exchange Commission’s former head of internet enforcement says former U.S. President Donald Trump’s anti-crypto stance may change dramatically. He further predicted that if a Republican is elected U.S. president, a Republican-appointed SEC chair would, at...

US House Committee Grills SEC Chair Gary Gensler Over Crypto, Dubbed 'Tonya Harding of Regulation'

28.9.2023
In a congressional hearing on September 27, the chair of the United States Securities and Exchange Commission (SEC) Gary Gensler, faced a barrage of questions and criticisms regarding the oversight of crypto markets. Colorful analogies and sharp rebukes at the hearing shed light on...

Gensler testimony - crypto enforcement actions driven by “wide-ranging noncompliance”

27.9.2023
SEC chair Gary Gensler is set to highlight a new focus on AI, predictive data analytics and the cryptocurrency sector before the U.S. financial services committee

US lawmakers call on SEC chair to approve spot Bitcoin ETFs 'immediately'

26.9.2023
The members of the House Financial Services Committee are expected to question Gary Gensler during a Sept. 27 hearing on SEC oversight

Former FCA Chair Reveals Pressure to Approve Crypto Firms Facing U.S. Investigations

21.9.2023
The UK's financial watchdog was forced to welcome cryptocurrency firms into the British market, according to Charles Randell, the former chairman of the Financial Conduct Authority (FCA). During a conference hosted by the Bank of England's Prudential Regulation Authority, Randell said the...

SEC Chair Gensler: Crypto Industry Plagued by Misconduct and Legal Challenges

14.9.2023
Gary Gensler, the Chair of the Securities and Exchange Commission (SEC), has once again expressed concerns about the prevalence of compliance issues and misconduct in the crypto space. During a recent conference hosted by Better Markets, Gensler acknowledged that while not all tokens can...

SEC Chair: Crypto Is a Field Rife With Fraud, Abuse, Misconduct — ‘It’s Daunting’

14.9.2023
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler testified before the Senate Banking Committee, stating that crypto is “a field which is rife with fraud, abuse, and misconduct.” He also stated that the securities regulator is still reviewing applications for spot bitcoin...

Coinbase CEO Discusses US Crypto Regulation — Sees More Institutional Investors Coming In

12.9.2023
Coinbase CEO Brian Armstrong has explained that crypto regulation in the U.S. will happen in one of a few ways. He noted that Coinbase is seeing more institutional investors coming in and signing up as they seek “a flight to quality.” The executive added: “There’s a possibility...

Fed Official: Digital Dollar Decision Still a Long Way Off

10.9.2023
The Federal Reserve’s vice chair for supervision has affirmed that the U.S. central bank is “a long way” from making a decision on whether to issue a central bank digital currency (CBDC). The Fed official also voiced concerns regarding USD stablecoins, emphasizing that they...