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Republican Lawmakers Demand Gensler Tell Them How Prometheum Got SEC Approval
Republicans on the U.S. congressional committee that oversees the Securities and Exchange Commission (SEC) are demanding agency Chair Gary Gensler explain how Prometheum Inc. won its unique approval as a broker-dealer for crypto. дальше »
2023-8-15 22:06 | |
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Former SEC Chief Claims Agency Will Not Greenlight Spot Bitcoin ETF
According to former Securities and Exchange Commission (SEC) chair Jay Clayton, the regulatory agency will not approve a spot bitcoin exchange-traded fund (ETF) anytime soon. Clayton’s statement comes as the SEC has once again delayed making a determination on the spot bitcoin ETF proposal submitted by ARK Invest. дальше »
2023-8-13 19:14 | |
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PayPal’s PYUSD Launch Triggers Calls For Stablecoin Bill
United States Republican Patrick T. McHenry, Chair of the House Financial Services Committee, has released a statement calling for the need to pass the Stablecoin Bill in the wake of PayPal’s launch of its own stablecoin PYUSD. дальше »
2023-8-8 13:30 | |
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US official calls for stablecoin law amid PayPal’s PYUSD launch
Representative Patrick McHenry, the US House Financial Services Committee chair, endorsed PayPal’s stablecoin, PYUSD, as a key pillar for modern payments. The endorsement was given on Aug. 7, shortly after PayPal announced the stablecoin launch in partnership with Paxos. In… дальше »
2023-8-8 12:54 | |
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House Financial Services Committee chair renews call for stablecoin legislation after PayPal’s PYUSD announcement
Representative Patrick McHenry, (R-NC), chair of the U. S. House Financial Services Committee Chairman, endorsed PayPal’s recently-announced stablecoin on Aug. 7. McHenry said in a statement: “[PayPal’s] announcement is a clear signal that stablecoins—if issued under a clear regulatory framework—hold promise as a pillar of our 21st century payments system. дальше »
2023-8-8 04:00 | |
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SEC chair Gary Gensler pivots agency’s attention to AI: “We can get to crypto later”
According to reporting from Bloomberg, U. S. Securities and Exchange Commission (SEC) chair Gary Gensler is downplaying its focus on cryptocurrency to direct its attention toward artificial intelligence, a technology that he says “warrants the hype. дальше »
2023-8-4 02:00 | |
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SEC asked Coinbase to delist altcoins, trade only Bitcoin before lawsuit: report
The US Securities and Exchange Commission (SEC) reportedly asked Coinbase to only list Bitcoin. Coinbase CEO Brian Armstrong says the pressure left it no choice but to fight it out in court. SEC chair Gary Gensler has previously noted that almost every other cryptocurrency was a security. дальше »
2023-7-31 14:38 | |
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SEC Chair Expresses Disappointment over Ripple Lawsuit, Investors Look to Monero and InQubeta for Growth
Within the decentralized finance (DeFi) market, recent developments surrounding the legal battle between Ripple (XRP) and the Securities and Exchange Commission (SEC) have drawn the attention of global crypto investors. дальше »
2023-7-30 17:52 | |
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Democratic congressman Ritchie Torres calls Gensler’s SEC ‘arbitrary and capricious’
Democratic House of Representatives member Ritchie Torres criticized the U.S. Securities and Exchange Commission (SEC) and advocated for new laws on July 28. Torres told Unchained podcast host Laura Shin: “The modus operandi of the SEC under [Chair] Gary Gensler has been regulation by enforcement … he has taken what I consider to be arbitrary […] The post Democratic congressman Ritchie Torres calls Gensler’s SEC ‘arbitrary and capricious’ appeared first on CryptoSlate. дальше »
2023-7-29 08:00 | |
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Is An Appeal Coming In The Ripple Case? Here Is Gensler’s Response
Following the summary judgment delivered in favor of Ripple in the ongoing XRP vs. SEC lawsuit, the Chair of the United States Securities and Exchange Commission (SEC), Gary Gensler, remains taciturn on the commission’s next line of action. дальше »
2023-7-28 17:00 | |
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U.S. Stablecoin Bill Takes Big Step Despite Fight From Democrats, White House
House lawmakers cleared stablecoins legislation for the next step in its route through Congress on Thursday, though the House Financial Services Committee moved the bill toward a potential floor vote without bipartisan support as Chair Patrick McHenry (R-N. дальше »
2023-7-28 05:00 | |
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Bitcoin ETFs Face Hurdles As SEC Chair Sounds Alarm On Fraud And Manipulation
In a recent televised interview with Bloomberg, Securities and Exchange Commission (SEC) Chairman Gary Gensler expressed concern about the alleged prevalence of fraud and manipulation in the cryptocurrency market. дальше »
2023-7-28 04:00 | |
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SEC Chair Gensler Seeks Fresh $109 Million Funding To Regulate Crypto ‘Wild West’
Gary Gensler, the controversial US Securities and Exchange Commission Chair, recently sounded the alarm on the uncharted territory of crypto markets. In a bold move to rein in the untamed nature of these digital financial landscapes, Gensler addressed a panel of senators, imploring them to allocate an extra $109 million for his agency’s enforcement budget. […] дальше »
2023-7-20 12:01 | |
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SEC Chairman Gary Gensler Requests $2.4B Budget To Tackle Misconduct in Crypto Markets
SEC Chair Gary Gensler discussed the use of a $2. 4 billion budget for tackling misconduct in the crypto market before the Subcommittee on Financial Services and General Government U. S. Senate Appropriations Committee. дальше »
2023-7-20 08:19 | |
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No impact from Ripple ruling? SEC chair cites risks from crypto in budget request
Gary Gensler cited the “Wild West of the crypto markets” that was “rife with noncompliance” in requesting more than $2.4 billion for the commission’s 2024 fiscal budget. дальше »
2023-7-20 00:23 | |
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US lawmaker urges SEC to rethink crypto regulation following landmark XRP ruling
U. S. lawmaker Ritchie Torres has urged the Securities and Exchange Commission (SEC) to reconsider its approach to regulation in the cryptocurrency industry following Judge Analisa Torres’s landmark ruling, according to a July 18 letter directed at chair Gary Gensler. дальше »
2023-7-19 22:25 | |
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Does SEC Chair Gary Gensler See AI as a Boogeyman or a Blessing?
SEC Chair Gary Gensler discussed the transformative potential of AI, comparing it to the impact of the internet and car production. He warned of potential monopolies in AI and highlighted the need for AI models to serve the best interests of clients. дальше »
2023-7-18 09:25 | |
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Gary Gensler ‘disappointed’ in Ripple ruling regarding retail investors
U. S. Securities and Exchange Commission (SEC) chair Gary Gensler recently voiced his dissatisfaction with a court ruling related to the XRP token, as reported by Bloomberg on July 17. Gensler said that he is “disappointed” by Judge Analisa Torres’ declaration that sales of XRP tokens on retail exchanges did not constitute securities offerings. дальше »
2023-7-18 02:55 | |
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SEC Chair Expresses Dissapointment Over XRP Ruling, Vows To Persist In Enforcing Compliance
Gary Gensler, Chairman of the U. S. Securities and Exchange Commission (SEC), addressed the XRP case and the recent verdict. A U. S. court ruled that the token is not a security, granting a win for payment company Ripple. дальше »
2023-7-18 02:00 | |
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Ripple court ruling makes call for regulation 'more compelling and more urgent' — former CFTC chair
Former CFTC chair Timothy Massad said he thought it was unlikely the SEC and CFTC would change their pattern for pursuing enforcement cases even with a recent ruling in XRP's favor. дальше »
2023-7-18 23:54 | |
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SEC's Gensler 'Disappointed' by Part of Ripple's XRP Judgement, Still Assessing Opinion
U.S. Securities and Exchange Commissioner (SEC) Chair Gary Gensler said Monday he was disappointed with the court's decision in a part of the Ripple case. дальше »
2023-7-18 22:23 | |
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SEC Chair ‘disappointed’ by ruling in Ripple case
US Securities and Exchange Commission (SEC) Chair Gary Gensler has expressed disappointment over the recent court ruling related to XRP. The SEC boss was responding to a question on what impact the ruling had had on SEC’s regulatory approach. дальше »
2023-7-18 22:22 | |
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Bitcoin Spot ETF Gets New Headwind As SEC Chair ‘Pours Cold Water On Coinbase SSA’
The much-anticipated approval of a Bitcoin spot ETF in the United States faces a new hurdle as Securities and Exchange Commission (SEC) Chairman Gary Gensler appears to have cast doubt on the role of Coinbase’s surveillance sharing agreement (SSA) in the approval process. дальше »
2023-7-13 09:30 | |
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First Mover Asia: Bitcoin Holds Steady Over $30K as Inflation Data, Macro Issues Leave Investors Increasingly Unmoved
ALSO: Former CFTC Chair Timothy Massad told CoinDesk TV that regulatory agencies “don’t have to resolve” the stubbornly troublesome issue whether cryptos are commodities or securities. дальше »
2023-7-13 05:49 | |
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Shaping Crypto Tax Laws: US Senate Panel Seeks More Investor Input
Crypto tax laws have taken a positive turn as United States Senate Financial Services Committee Chair Ron Wyden and ranking member Mike Crapo recently published an open letter aimed at soliciting feedback from the digital asset community regarding the taxation of digital assets. дальше »
2023-7-12 10:19 | |
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Former SEC Chair Jay Clayton Calls Bitcoin’s Rapid Adoption an ‘Incredible Development’
Former SEC head Jay Clayton praised the rapid adoption of cryptocurrencies during a Monday CNBC interview, and predicted even further mainstream acceptance. The post Former SEC Chair Jay Clayton Calls Bitcoin’s Rapid Adoption an ‘Incredible Development’ appeared first on BeInCrypto. дальше »
2023-7-11 02:30 | |
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Spot bitcoin ETFs deserve approval, asserts former SEC chairman Jay Clayton
In a recent CNBC interview, former SEC Chair Jay Clayton discussed the changing regulatory environment surrounding bitcoin ETFs, stating that it would be challenging to resist approving them. Clayton explained that institutions are arguing that the distinctions between spot and… дальше »
2023-7-11 01:33 | |
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Bitcoin ETF approval could be ‘hard to resist,’ ex-SEC chair Jay Clayton says
Former SEC chair Jay Clayton suggested during a CNBC interview on July 10 that regulators could soon feel compelled to approve a spot Bitcoin ETF. Clayton explained that the U.S. Securities and Exchange Commission (SEC) has previously chosen to reject spot Bitcoin ETFs while approving futures Bitcoin ETFs based on the latter’s surveillance sharing agreements […] The post Bitcoin ETF approval could be ‘hard to resist,’ ex-SEC chair Jay Clayton says appeared first on CryptoSlate. дальше »
2023-7-11 01:10 | |
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Former SEC Chair says Bitcoin ETF approval ‘hard to resist’
Jay Clayton shared his opinion during an interview with CNBC on Monday. The former SEC chair says if applicants demonstrate efficacy and have surveillance, it would be hard for the SEC to deny a spot Bitcoin ETF. дальше »
2023-7-11 23:25 | |
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US lawmakers call on DOJ, SEC to investigate Prometheum, citing suspicions of “false testimony” and securities law violations
U. S. Senator Tommy Tuberville of (R-AL) and Members of Congress Ralph Norman (R-SC), Barry Loudermilk (R-GA), Byron Donalds (R-FL), and Mark Alford (R-MO) Blaine Luetkemeyer have co-signed a letter calling on Attorney General Merrick Garland and the Securities and Exchange Commission (SEC) Chair Gary Gensler to investigate Prometheum, Inc. дальше »
2023-7-11 21:20 | |
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Breaking: Former SEC Chair Joins Industry Voices In Pushing For Bitcoin ETF Approval
Former Securities and Exchange Commission (SEC) Chair Jay Clayton has expressed his openness to a spot Bitcoin (BTC) ETF in a recent interview with CNBC Squawk Box. Clayton stated that he was previously skeptical about trading in the BTC market during his tenure as SEC Chair. дальше »
2023-7-10 19:38 | |
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U.S. Senator Tuberville Asks DOJ, SEC to Investigate Crypto Broker Prometheum
U.S. Senator Thomas Tuberville (R-Ala.) wrote an open letter to Attorney General Merrick Garland and Securities and Exchange Commission (SEC) Chair Gary Gensler asking them to investigate Prometheum, a special-purpose broker that recently secured federal permissions to offer crypto trading services. дальше »
2023-7-11 19:25 | |
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Former SEC Chair Says It Would Be Hard to Resist Approving Bitcoin ETF
In recent interview with CNBC, former SEC Chairman Jay Clayton expressed that it would be 'hard to resist' approving Bitcoin ETF as long as regulatory safeguards, similar to those in futures market, are in place дальше »
2023-7-10 18:22 | |
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False rumors of SEC’s Gary Gensler’s resignation fueled by AI
False rumors regarding the resignation of Gary Gensler, the chair of the US Securities and Exchange Commission (SEC), have once again caused a stir within the crypto community. This time, however, artificial intelligence (AI) seems to have played a role in generating and propagating misinformation. дальше »
2023-7-3 10:57 | |
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Controversial AI-Generated News Claims Gary Gensler Has Quit From SEC – Details
AI-generated news continues to push the boundaries of misinformation and, this time, it has targeted no less than the United States Securities and Exchange Commission chair, Gary Gensler. In a recent occurrence, a deceptive article surfaced on a website called “thecryptoalert. дальше »
2023-7-3 10:26 | |
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Crypto Community Hopes Crushed by Gary Gensler Resignation Fake News
The crypto community's hopes were dashed as rumors of anti-crypto SEC chair Gary Gensler's resignation were confirmed as fake news, reportedly generated by artificial intelligence. The post Crypto Community Hopes Crushed by Gary Gensler Resignation Fake News appeared first on BeInCrypto. дальше »
2023-7-3 07:20 | |
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