Gary Gensler News
21.11 / 11:31
business
regulation
SEC
Kraken
Crypto community responds to Kraken lawsuit, Deaton slams ‘dishonorable’ Gensler
The crypto space has been making its feelings known about a lawsuit filed by the United States Securities and Exchange Commission (SEC) against the crypto exchange Kraken.
19.11 / 12:07
business
Technology
CBDC
Financial
Ripple’s James Wallis underscores CBDCs’ role in breaking financial barriers
James Wallis, Ripple’s vice president for central bank engagements and central bank digital currencies (CBDCs), has highlighted the role of CBDCs in advancing global financial inclusion in a brief video. Wallis clarifies that financial inclusion aims to extend financial services to individuals worldwide, especially those with low incomes and no ties to financial institutions.
17.11 / 15:37
Ripple
regulation
SEC
Ripple Executive Flags Gary Gensler’s Speech, Highlights SEC’s Shortcomings
Ripple’s Chief Legal Officer Stuart Alderoty has pointed out loopholes in Gary Gensler’s speech at the 2023 Securities Enforcement Forum referring to the Securities and Exchange Commission’s (SEC) “shady” behavior.
17.11 / 11:05
Ripple
regulation
SEC
community
Ripple lawyer urges fact-check of Gary Gensler’s speech, says SEC actions seen as ‘shady’
As Gary Gensler reiterated the United States Securities and Exchange Commission’s mandate in a speech, Ripple’s lawyer and various crypto community members responded, criticizing the SEC chair and arguing that the commissioner’s words contradict his actions.
15.11 / 21:27
CFTC
FTX
FTX bankruptcy
U.S. regulators
CFTC Chairman: U.S. Regulators Lack Authority to Prevent Another Major Crypto Collapse
Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam has stated that U.S. regulators lack the authority to preemptively prevent another major crypto collapse similar to the FTX incident.
15.11 / 08:31
defi
SEC
Bitcoin
Franklin
Bitcoin spot ETF
spot bitcoin ETFs
US SEC to Decide on Two Spot Bitcoin ETFs by Nov. 17
The U.S. Securities and Exchange Commission is scheduled to announce its decisions on two Bitcoin exchange-traded funds (ETFs) by Nov.17, according to Bloomberg Intelligence.
15.11 / 08:31
Target
Binance
regulation
SEC
Action
Department
SEC’s FY 2023 Enforcement Actions Yield $5 Billion in Fines from Wall Street and Crypto Giants
The US Securities and Exchange Commission (SEC) has announced that its enforcement actions in fiscal year 2023 resulted in nearly $5 billion in fines and reimbursements to investors.
14.11 / 20:13
SEC
crypto regulation
Us Crypto Regulation
Weekly
Crypto Regulation News Weekly Digest: Major Nations Commit to Crypto Tax Reporting Standard and EU Issues Draft Stablecoin Guidelines
Last week brought several noteworthy developments in the evolving crypto regulation scene across the globe.
10.11 / 22:23
CEO
Huobi
reports
Department
“Sam Coins” Rally Ahead of Potential March Trial, FTX Reboot
A number of altcoins bankrolled by recently convicted FTX founder, Sam Bankman-Fried, appropriately dubbed “Sam coins,” have continued to rally this week ahead of his potential March trial.
09.11 / 22:31
09.11 / 16:11
Digital
SEC
CEO
Landmark
President
reports
prevention
SEC Chair Indicates FTX Revival, FTT Rallies
U.S. Securities and Exchange Commission Chair Gary Gensler indicated a potential reboot of FTX during DC Fintech Week on Wednesday, prompting FTX’s digital token, FTT, to rally.
09.11 / 10:37
09.11 / 09:59
Digital
Progressive
SEC
Action
crypto regulation
innovations
Tom Emmer’s Amendments to Curb SEC Enforcement Abuses against Crypto Passes House Unanimously
Pro-crypto Congressman Tom Emmer has made progress in his efforts to limit the powers of the United States Securities and Exchange Commission (SEC) when it comes to enforcing regulations on digital assets.
09.11 / 06:23
regulation
SEC
Fraud
FTX
Bankruptcy
open
SEC’s Gensler hints he’s open to a FTX reboot under proper leadership: Report
The United States securities regulator chief has hinted he would be open to a rebooted crypto exchange FTX — as long as its new leadership stays within the bounds of the law.
09.11 / 04:19
regulation
SEC
Congress
legislation
Rep. Tom Emmer proposes to defund SEC’s crusade against crypto
Pro-crypto Congressman Tom Emmer is advancing an amendment aimed at depriving the United States securities regulator from using government funds to go after crypto enforcement.
08.11 / 03:59
Target
SEC
Align
Gensler says proposal on AI conflicts aligns with Reg BI
An SEC proposal targeting potential conflicts of interest for financial advisors using artificial intelligence is not meant as a way to modify Regulation Best Interest, Chair Gary Gensler said Tuesday.
07.11 / 06:43
Blockchain
Ethereum
wallet
Lost
LHV Bank founder has $470M worth of Ether, but lost his private key
The founder of Estonia-based LHV Bank, Rain Lõhmus, has been revealed as the owner of a massive 250,000 Ether (ETH) stash bought during the Ethereum ICO, which is now worth an eye-watering $470 million.
07.11 / 02:27
business
Law
regulation
SEC
US lawmaker proposes to cut SEC chair Gary Gensler’s salary to $1
A United States lawmaker wants to strip the Securities and Exchange Commission chair Gary Gensler of his salary by paying him just $1 per year.
06.11 / 21:41
Provident
Binance
Digital
SEC
Action
coinbase
testing
regulatory
SEC Commissioner Mark Uyeda Calls for Regulatory Rules on Crypto
The US Securities and Exchange Commission (SEC) has tried regulating the crypto space through enforcement actions in the last three years.
02.11 / 19:17
Blockchain
Ripple
SEC
Allegiant
reports
Department
SEC’s Legal Defeats Stockpile Concerning: Ripple Legal Chief
A growing stockpile of legal defeats suffered by the US Securities and Exchange Commission (SEC) has garnered widespread attention. One notable observer is Ripple’s Chief Legal Officer Stuart Alderoty, who has expressed concern over this trend.
02.11 / 10:29
MicroStrategy
Bitcoin
show
Bitcoin Price Prediction: Surge to $36,000 Driven by MicroStrategy, FOMC & Advocates
Bitcoin, the preeminent cryptocurrency, is witnessing a significant surge, with its price ascending to an impressive $36,000, marking over 4% increase on Thursday. This bullish momentum is being fueled by a confluence of factors including major corporate investments, optimistic regulatory dialogues, and broader financial market dynamics.
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