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The Most Intense Consensus Ever Seeks Everyone’s Voice
21.4.2023
This year’s CoinDesk Consensus event, which will bring key policy and technical debates to the forefront, is especially important. While the withdrawal of a handful of previously agreed-upon speaking assignments undermines full representation on both sides of the issues, non-U.S. jurisdiction...
SEC’s ‘brute force’ crypto regulation attempt is ‘bad policy’ — Paradigm
21.4.2023
The venture capital firm pointed out the fundamental differences between crypto assets and securities
Ether’s Security Status Remains Unclear as SEC Chair Gensler Fails to Answer Lawmaker’s Question
20.4.2023
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, would not answer a direct question in a congressional hearing about whether ether is a security. While the SEC chair insisted that the law is clear on crypto, Congressman Patrick McHenry argued that the SEC’s...
Ethereum Price Prediction as SEC Chair Gary Gensler Refuses to Say if ETH is a Security – Bullish for Ethereum?
19.4.2023
A combination of rising US bond yields, concerns about what hotter-than-expected UK inflation might mean for the US inflation outlook and an aggressive liquidation of long positions has seen the price of Ether (ETH) drop sharply on Wednesday.
But price predictions still remain upbeat. ...
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Pokémon's Team Rocket, Professor Oak Voice Actor Retires Due To Cancer
19.4.2023
James Carter Cathcart—the voice actor behind iconic Pokémon characters such as Professor Oak, his son Gary, and Team Rocket’s James and Meowth—is retiring from the anime after 25 years due to an advanced form of cancer.Read more
First Mover Americas: Bitcoin Slides Toward $29K
19.4.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for April 19, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
US Lawmaker Introducing Legislation to Remove SEC Chairman Due to ‘Long Series of Abuses’
19.4.2023
A U.S. lawmaker has announced that he is introducing legislation to remove the Securities and Exchange Commission (SEC) chairman in order to “correct a long series of abuses.” The SEC, under Chair Gary Gensler, has been heavily criticized for its enforcement-centric approach to regulating...
SEC Chair Gensler Declines to Say if Ether Is a Security in Contentious Congressional Hearing
19.4.2023
Securities and Exchange Commission Chair Gary Gensler refused to say whether ether, the second-largest cryptocurrency by market cap, was a security during a nearly five-hour hearing Tuesday
SEC Deems DASH, ALGO, and OMG ‘Unregistered Securities’ in Bittrex Lawsuit
18.4.2023
According to the recent complaint by the U.S. Securities and Exchange Commission (SEC) against Bittrex, the securities regulator insists that a few crypto asset tokens were offered and sold as investment contracts and are securities. The news follows the SEC’s designation of several crypto...
Congressional Republicans Criticize SEC Chair Gary Gensler's Crypto Approach Ahead of Hearing
18.4.2023
Republicans on the House Financial Services Committee sent a letter criticizing Securities and Exchange Commission Chair Gary Gensler and his repeated entreaties to crypto companies to "come in and register" moments before a congressional hearing on his agency
Crypto regulation: Does SEC Chair Gary Gensler have the final say?
18.4.2023
The chairman of the SEC recently said that almost all cryptocurrencies will be regulated as securities. Questions remain whether that’s an accurate statement and if the agency is regulating tokens by enforcement
Video of SEC chair praising Algorand resurfaces after recently deeming it a security
18.4.2023
Members of the crypto community have called out the SEC Chairman for “shilling” Algorand
Nintendo 'Hacker' Will Be Punished For The Rest Of His Life
18.4.2023
In February 2022 Gary Bowser, a member of the hacking operation Team Xecuter—a long-time target of Nintendo’s lawyers—was sentenced to 40 months in prison for his part in helping run a business that reportedly earned him over $300,000.Read more
SEC Commissioner Hester Peirce States Proposed Amendments to Definition of ‘Exchange’ Render Innovation ‘Kaput’
18.4.2023
Hester Peirce, a commissioner of the U.S. Securities and Exchange Commission (SEC), has issued her opinion on the recent attempts of the institution to change the definition of “exchange” under the Exchange Act Rule. According to Peirce, the institution is now expanding its reach...
SEC Charges Crypto Exchange Bittrex With Operating Unregistered Exchange, Broker, and Clearing Agency
17.4.2023
After the report revealing that the cryptocurrency exchange Bittrex had received a Wells Notice from the U.S. Securities and Exchange Commission (SEC), the securities regulator charged Bittrex and the company’s CEO on April 17 for “operating an unregistered exchange, broker,...
US Congressman Declares Plan to Fire SEC Chair Gary Gensler for Crypto Overreach – Here's the Latest
17.4.2023
Republican Congressman Warren Davidson has introduced legislation with an aim to remove Securities and Exchange Commission (SEC) Chair Gary Gensler from his role.
The legislation was announced by Davidson via Twitter this weekend, and came in response to proposed rules by the SEC that would...
Rep. Davidson to introduce legislation to fire SEC boss Gensler for crypto overreach
17.4.2023
A U.S. Representative has declared he will introduce legislation to have SEC boss Gary Gensler removed from his role
U.S. SEC Poised to Move Toward DeFi Oversight As It Reopens Proposed Regulations
14.4.2023
The U.S. Securities and Exchange Commission is considering reopening a rule proposal on how it oversees crypto platforms to more explicitly include decentralized finance (DeFi). Commissioners will vote on the language during an open meeting on Friday
Mysterious FTX Co-Founder Gary Wang Cooperates with Prosecutors: Inside the Failed Crypto Empire
12.4.2023
The little-known FTX co-founder Gary Wang is reportedly cooperating with prosecutors after pleading guilty to fraud in December.
The cooperation between Wang and prosecutors has been centered around his role at FTX, including his role in the operation and subsequent collapse of the major crypto...
SEC Advisory Group Backs Gensler’s Crypto Efforts But Asks for Industry Guidance
12.4.2023