Nigeria's Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has called on the newly appointed board members of the Securities and Exchange Commission (SEC) to address the complexities of cryptocurrency regulation in the country. According to a report from local media, Punch, Edun emphasized the importance of ...
The launch of U.S.-based spot Ether exchange-traded funds (ETFs) for public trading appears to be on the horizon, though the exact timing remains uncertain, according to Katherine Dowling, chief compliance officer at Bitwise. In a July 9 interview with Bloomberg, Dowling noted that the back-and-forth between issuers and the SEC ...
The Blockchain Association, a U.S.-based crypto advocacy group, has lauded recent comments by SEC Commissioner Mark Uyeda, praising his "nuanced, innovation-forward approach" as essential for the cryptocurrency industry. This commendation comes in response to Uyeda's critique of the SEC's current approach to crypto disclosure rules, which he described as "problematic." ...
Binance.US has stated that it is "prepared" for a prolonged legal battle with the U.S. Securities and Exchange Commission (SEC) following a U.S. federal judge's decision to uphold most charges against the exchange on Friday, June 28, 2024. The American arm of the global cryptocurrency exchange Binance recently released a ...
The launch of the first spot Ether exchange-traded funds (ETFs) in the United States is progressing smoothly, with Securities and Exchange Commission (SEC) Chair Gary Gensler providing updates on the development at a Bloomberg conference on June 25. He underscored the importance of transparency and full disclosure in the ETF ...
Today, June 19, 2024, Blockchain firm Consensys announced in a post on X that the U.S. Securities and Exchange Commission (SEC) had closed its investigation into Ethereum 2.0, marking it a significant milestone for the second-largest cryptocurrency by market capitalization. According to Consensys, the SEC's decision means the agency will ...
David Hirsch, the Chief of the Crypto Asset and Cyber Unit at the US Securities and Exchange Commission (SEC), has left the agency after nearly nine years of service. Hirsch announced his departure on LinkedIn yesterday, June 17, 2024 stating: "This past Friday was my last day with the SEC. ...
President Joe Biden's renomination of Caroline Crenshaw for a second term as U.S. Securities and Exchange Commissioner has sparked significant debate within the cryptocurrency community. Fox Business journalist Eleanor Terrett broke the news on X while also highlighting Crenshaw's history of voting against the approval of Bitcoin spot ETFs and ...
Terraform Labs CEO Chris Amani has said that the company will wind down operations following the settlement of a significant securities fraud case with the U.S. Securities and Exchange Commission (SEC). Amani made this statement in a recent social media post while expressing gratitude to the supporters. Amani also outlined ...
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has cautioned cryptocurrency exchanges that providing investor disclosures does not shield them from regulatory scrutiny. In a recent interview with CNBC, Gensler emphasized that disclosures are insufficient if crypto exchanges engage in market manipulation or disseminate misleading information affecting investment decisions. ...
