Tag Archives: SEC

The Philippines Securities and Exchange Commission (SEC) has taken a significant regulatory step by blocking local access to Binance, the world’s largest cryptocurrency exchange by trading volume.  According to a release issued by the regulator on Monday, the SEC’s decision was based on Binance’s failure to obtain the necessary license …

On Monday, U.S. District Judge Robert Shelby levied sanctions against the Securities and Exchange Commission (SEC) in response to accusations of serious misconduct in the legal action against Utah-based cryptocurrency firm DEBT Box. The decision comes after the judge determined that the SEC had committed a “gross abuse of power” …

In a passionate address to Columbia Law School, Gary Gensler, the Chair of the United States Securities and Exchange Commission (SEC), delivered a scathing critique of crypto industry participants who evade registration requirements. Promoting Transparency in Cryptocurrency Gensler’s speech focused on the need for transparency and mandatory disclosure in the …

Scott Johnsson, a finance lawyer and general partner at Van Buren Capital, provided a nuanced analysis of the Securities and Exchange Commission’s (SEC) motivations for launching an investigation into Ethereum and the Ethereum Foundation. His insights, shared via X on March 22, offer a deep dive into the potential motivations …

TL;DR Bitcoin (BTC) hit a new high of over $73,500, then fell below $61,000, but has partially recovered to around $66,500, possibly influenced by the Fed’s interest rate decision and the upcoming halving event. Ripple’s XRP received exchange support amid an SEC lawsuit, highlighting its regulatory challenges and market resilience. …

The crypto industry finds itself at a pivotal juncture as the Swiss Ethereum Foundation received a “voluntary enquiry” from an undisclosed “state authority” which demanded confidentiality, as Bitcoinist reported yesterday. This revelation, made through the removal of the Warrant Canary from its website and a note in a Github repository, …

In the XRP lawsuit between Ripple Labs Inc. and the US Securities and Exchange Commission (SEC), the parties have submitted a joint sealing proposal to the United States District Court for the Southern District of New York. This proposal, aimed at governing sealing issues for the upcoming remedies-related briefing, underscores …

The cryptocurrency industry is pushing the US Securities and Exchange Commission (SEC) to establish clear rules and regulations for the crypto market. Major players, including Paradigm, the Crypto Council for Innovation, and the US Chamber of Commerce, have argued with the district court to support Coinbase’s appeal to the SEC …

Empower Oversight, a government watchdog organization, has filed a lawsuit against the Securities and Exchange Commission (SEC), accusing the agency of failing to comply with a Freedom of Information Act (FOIA) request. This request aimed to uncover potential conflicts of interest and biases within the SEC concerning its regulation of …

US Senators Jack Reed and Laphonza Butler have formally requested the Securities and Exchange Commission (SEC) to reconsider its stance on the approval of further crypto exchange-traded products (ETPs), specifically targeting those beyond the realm of Bitcoin. This appeal, articulated in a letter to SEC Chairman Gary Gensler underscores the …

In a recent development, US District Judge Edgardo Ramos has denied motions from cryptocurrency exchange Gemini and crypto lender Genesis to dismiss the case brought by the US Securities and Exchange Commission (SEC).  The SEC alleges that both companies offered and sold “unregistered securities” through the Gemini Earn program. The …

The recent surge in cryptocurrency markets, led by Bitcoin (BTC), which hit a new all-time high (ATH) of $69,300 on Tuesday, has sparked a notable rebound in a bond issued by US-based crypto exchange company Coinbase. The convertible bond, initially sold during the pandemic as demand for tech and growth …