Tag: SEC

A video of Gary Gensler, the Chair of the US Securities and Exchange Commission (SEC), praising Algorand has resurfaced on Twitter following the SEC's declaration that ALGO, the Algorand blockchain's native token, is an unregistered security. A Video of Gary Gensler, Chair of U.S SEC Praising Algorand The video is ...

Bittrex, a US-based cryptocurrency exchange, may face legal action from the US Securities and Exchange Commission (SEC) for allegedly violating investor protection regulations, despite the exchange's plan to shut down its local operations. According to a Wall Street Journal report released on April 16, the SEC's enforcement division is leaning ...

Ohio's 8th District Representative, Congressman Warren Davidson, known for his pro-cryptocurrency stance, has announced his intention to introduce legislation that could lead to the removal of Gary Gensler, the chair of the US Securities and Exchange Commission (SEC).  This move follows the SEC's plan to redefine what constitutes an "exchange." ...

The United States Securities and Exchange Commission (SEC) has presented an argument to a federal judge, stating that a recent court decision has dealt a blow to a key defence strategy employed by Ripple Labs in its ongoing legal battle with the agency. In a letter dated April 11, 2023, ...

Ripple CEO Brad Garlinghouse has levelled fresh criticisms against the U.S. Securities and Exchange Commission (SEC) amidst an ongoing legal battle over the classification of XRP, Ripple’s native token. Garlinghouse's comments were in response to SEC Chairman Gary Gensler's presentation of the agency's fiscal year budget to the House Appropriations ...

Gary Gensler, the United States Securities and Exchange Commission (SEC) Chair, has supported President Joe Biden's appeal for an unprecedented $2.4 billion in funding for the regulatory body. Gensler presented his testimony in defence of the proposed budget at the budget hearing with the U.S. House Appropriations Committee on March ...

Gary Gensler, the US Securities and Exchange Commission (SEC) chair, will testify before the House Financial Services Committee for the first time on April 18. Representative Patrick McHenry, who chairs the committee, has confirmed in an interview that Gensler will face questions regarding his stance on the cryptocurrency industry. #NEW: ...

Brian Armstrong, CEO and co-founder of Coinbase, has criticized the lack of clarity surrounding cryptocurrency regulation in the U.S., likening the SEC to "soccer referees" in a game of pickleball. Armstrong's comments come after Coinbase received a Wells Notice from the SEC on March 22, 2023.  1/ Today Coinbase received ...

On March 20, 2023, Coinbase, a cryptocurrency exchange based in the United States, submitted a petition to the U.S. Securities and Exchange Commission (SEC) challenging the classification of stakes as securities.  Americans love their stake. Here’s why we need to keep staking–the accountant of the blockchain–in the U.S. ???? pic.twitter.com/hPeM99LI3e ...