Pro-Crypto SEC Commissioners Challenge Agency’s ‘Come In And Register’ Plea For Firms

In a bold and unconventional move, SEC Commissioners Hester Peirce and Mark Uyeda have taken a satirical approach to dissent in the recent ShapeShift settlement, shedding light on the regulatory challenges crypto firms face.

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Jane Street and Jump Crypto reportedly reducing focus on crypto trading

US regulatory clampdown has reportedly resulted in two significant firms pulling back their crypto trading activity The report comes in days after the SEC made significant moves in the crypto mThe post Jane Street and Jump Crypto reportedly reducing focus on crypto trading appeared first on AMBCrypto.

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Coinbase remains '100% committed' to US market: Armstrong

The Coinbase CEO has a lot of faith in Congress in making a “clear rule book” for crypto firms to follow. But the SEC? Not so much.

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UpToken price takes a hit after the US SEC fines Coinme

The price of UpToken (UP) has taken a hit after the US SEC fined the crypto ATM operator turned crypto exchange Coinme $4 million for violating US laws in its UpToken ICO. The Securities and Exchange Commission (SEC) nabbed Coinme, its subsidiary Up Global SEZC and the CEO of both firms, Neil Bergquist for allegedly […] The post UpToken price takes a hit after the US SEC fines Coinme appeared first on Invezz.

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Nigeria SEC will support asset-backed tokens: Bloomberg

The Nigeria Securities and Exchange Commission (SEC) will allow tokenizing assets like equities, property, and debt. According to a Bloomberg May 1 report, the Nigerian SEC’s head of securities and investment services, Abdulkadir Abbas, said the financial regulator is processing applications for digital exchanges and firms.

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Coinbase Goes Offensive Against The SEC With Lawsuit Targeted At Regulatory Clarity

The Securities and Exchange Commission (SEC) regulatory approach has come under fire by crypto executives and commentators in recent months after the commission filed actions against firms without clear-cut regulations.

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Coinbase Asks U.S. Court to Force SEC Response to 2022 Rulemaking Petition

The filing is a preemptive move by the crypto exchange to argue that the SEC's approach doesn't provide sufficient regulatory guidance for U.S. crypto firms.

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Coinbase Asks for Court to Force SEC Response to 2022 Rulemaking Petition

The filing is a preemptive move by the crypto exchange to argue that the SEC's approach doesn't provide sufficient regulatory guidance for U.S. crypto firms.

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US Lawmakers Slam SEC Chair over Multiple Rushed Rules and Hostility against Crypto Firms

Coinspeaker US Lawmakers Slam SEC Chair over Multiple Rushed Rules and Hostility against Crypto Firms The lawmakers also referred to the enforcement actions against crypto companies by the SEC.

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US congressman Emmer says SEC chair Gensler is ‘incompetent’

U. S. lawmaker Tom Emmer described the SEC chairman Gary Gensler as an “incompetent cop on the beat” who puts “everyday Americans in harm’s way and [pushes] American firms into the hands of the Chinese Communist Party.

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Crypto Companies May Use a Supreme Court Doctrine to Push Back Against SEC: Lawyer

Crypto firms are using the major questions doctrine as a way to fend off regulators, Jason Gottlieb, a partner at Morrison Cohen LLP, said.

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Attorney claims Ripple vs SEC verdict may take 2 more months

Crypto enthusiasts, developers, and crypto firms eagerly await the Ripple vs.

The post Attorney claims Ripple vs SEC verdict may take 2 more months appeared first on CryptoSlate.

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War On Crypto Intensifies: SEC Charges Another Company

The Securities and Exchange Commission’s (SEC) crackdown on the crypto industry shows no signs of slowing down. The regulator continues to target firms and major players in the sector. In the latest move, the SEC has filed charges against Beaxy, a cryptocurrency platform, and its executives.

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Do Kwon arrested, bitcoin reclaims $28,000, SEC’s enforcement actions persists | Weekly recap

Bitcoin reclaims $28,000 as rally endures, Do Kwon arrested, US SEC continues to issue enforcement actions against crypto firms

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Do Kwon arrested, bitcoin reclaims $28,000, SEC’s enforcement actions persists | weekly recap

Bitcoin reclaims $28,000 as rally endures, Do Kwon arrested, US SEC continues to issue enforcement actions against crypto firms

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Ripple CTO David Schwartz Calls Out SEC for Lack of Clarity On Crypto Regulations

The recent Wells notice from the SEC to Coinbase has sparked another reaction from Ripple. In a recent tweet, Ripple’s CTO, David Schwartz, criticized the US Securities and Exchanges Commission for not clarifying cryptocurrency regulatory guidelines before attacking crypto firms.

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Newsflash: Tron’s TRX Plummets 11% After U.S. SEC Sues Justin Sun For Securities Violations

The United States Securities and Exchange Commission (SEC) on Wednesday charged Tron founder Justin Sun and three of his firms, including digital asset network company Tron Foundation for market manipulation, fraud, and airdropping unlicensed securities to investors.

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Thailand To Ban Crypto Staking And Lending? Here’s What We Know

Regardless of the condition of the crypto market, regulators are still leaving their mark in the industry using their respective power. On March 8, Thailand’s Securities and Exchange Commission (SEC) published an announcement targeting crypto staking and lending services issued by crypto firms.

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Thailand SEC wants public feedback on crypto lending, staking ban

Thailand’s securities regulator believes that crypto firms should not be allowed to deploy users’ deposits and provide lending services.

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These Crypto Firms Have Decided To Cut Ties With Silvergate

The crypto market continues to lurch from the recent Silvergate crisis. Most recently, the crypto-focused bank, Silvergate, had delayed filing its annual 10-K report with the Securities and Exchange Commission (SEC), which has aggravated its downfall, which was previously precipitated by the collapse of FTX last year.

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SEC chair implies crypto exchanges may not be ‘qualified custodians’ as new rule is drafted

Gary Gensler praises the SEC Investor Advisory Committee’s proposed rule on safeguarding advisory client assets but thinks crypto firms may not be up to snuff.

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US SEC Plans to Keep Growing Crypto Unit as Enforcement Ramps Up

The U.S. Securities and Exchange Commission (SEC) may ramp up its recent surge of cases targeting crypto firms by once again boosting the size of its digital assets enforcement squad.

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Binance CEO Denies Delisting USDC Amid SEC Crackdown

According to a Bloomberg report, crypto exchange Binance is considering ending relationships with U. S. business partners.   Allegedly the largest cryptocurrency exchange in the market is weighing the option of delisting tokens from any firms based in the U.

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Algorand Foundation CEO: SEC’s Crypto Crackdown Highlights Lack of Regulatory Clarity

Staci Warden says crypto-native firms are being punished rather than given guidance.

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Former SEC Attorney: Kraken Action Not a Condemnation of 'Staking Writ Large'

Zachary Fallon, a partner at law firm Ketsal, says that because the government agency relies on a circumstances based test, it may need to adjust its response to other crypto firms that engage in staking-as-a-service.

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SEC chair issues warning to crypto firms after action on Kraken staking

“Don’t have your hand in the customer’s pocket, using their funds for your own platform,” Gary Gensler said to companies that needed to register with the SEC.

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SEC Chief Gensler Warns Crypto Firms to Comply With Rules After Kraken Shutters US Staking Program

Other platforms that offer yield-earning programs should "take note" and come into compliance, the regulator said a day after crypto exchange Kraken said it will pay a $30 million fine to settle SEC charges.

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Crypto lender Nexo settles with SEC at this absurd amount... Details inside

Nexo's settlement with the SEC amounted to millions.   The SEC 'expected compliance' from all firms that traded securities, as per the Director of the SEC’s Division of Enforcement.   The The post Crypto lender Nexo settles with SEC at this absurd amount.

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Former SEC Lawyer Says Agency Pushing to Be Crypto Regulator With Gemini/Genesis Suit

Howard Fischer says that the government agency’s probe into the crypto firms could be the precedent the agency needs as it looks to “stake out” its turf as the main regulator of the digital asset space.

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SEC Chair Gary Gensler Vows to Crack Down on Non-Compliant Crypto Firms

Crypto companies would face a tougher US Securities and Exchange Commission (SEC) in 2023, according to Chairman Gary Gensler. The post SEC Chair Gary Gensler Vows to Crack Down on Non-Compliant Crypto Firms appeared first on BeInCrypto.

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SEC Increases Scrutiny of Audits of Cryptocurrency Companies: WSJ

The US Securities and Exchange Commission (SEC) is increasing its scrutiny of audits of cryptocurrency companies and warning both investors and audit firms, WSJ reported.

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US SEC warns investors against ‘false’ audits by crypto firms 

The U.S. SEC has warned crypto investors not to place full confidence on the PoR reports posted by exchanges.

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Crypto Firms' 'Audits' Appear in SEC's Crosshairs

Securities and Exchange Commission (SEC) intensifying its examination of involvement of accounting firms in dubious cryptocurrency audits

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SEC calls on firms to disclose exposure to crypto bankruptcies and risks

The Securities and Exchange Commission's corporate finance division reminded companies of disclosure requirements and provided guidance to what else they want to know.

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Crypto Markets Today: Gensler Restates SEC’s Crypto Authority

The chairman said the agency has the basic disclosure and governance requirements to hold digital-asset firms accountable, although he did not address the fallout from crypto exchange FTX’s collapse.

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Crypto will be regulated as securities — ICE boss and Senator Warren

Senator Elizabeth Warren’s bill seeks to hand control to the SEC, imposing new obligations on centralized crypto firms, something Jeffrey Sprecher thinks will be good for crypto.

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Crypto firms prefer to be regulated by CFTC rather than SEC

Sam Bankman-Fried, the founder the recently failed FTX, lobbied for more digital asset regulations in February. Sam sought regulatory oversight by the CFTC instead of the SEC. This move is aimed at regulating crypto usage among firms and investors while…

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Despite Founding Principles, SEC’s Gary Gensler Says Crypto Is Centralized

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SEC Chairman Says CFTC Should Get More Power to Oversee Stablecoins: Report

Gensler pointed out that the CFTC does not have direct authority to write rules for the firms that issue stablecoins.

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Ripple vs. SEC — XRP Eyes Monster Rally As Judge Approves Two Firms To Step In

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Ripple Slams SEC for Opposing Two Firms’ Amicus Briefs, SWIFT to Undergo Massive Upgrade, Shiba Eternity Now Live Worldwide: Crypto News Digest by U.Today

Read U.Today’s news digest to find out what’s going on in the industry!

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Key breakout looms for XRP. Here is the price action

Ripple’s case with SEC continues to drag on as regulator slams XRP-friendly firms XRP… The post Key breakout looms for XRP. Here is the price action appeared first on CoinJournal.

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Ripple Slams SEC for Opposing Amicus Briefs from Two Firms

Defendants argue that SEC has mischaracterized amicus briefs proposed by TapJets Inc. and I-Remit Inc.

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SEC Seemingly Fears Ripple’s ‘Gigantic Win’ In XRP Suit, Takes Shot At Firms Supporting Ripple

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SEC opposes third parties seeking to prove utility of Ripple blockchain

The United States Securities and Exchange Commission (SEC) has filed a motion to oppose two firms seeking to present evidence in support of Ripple in the ongoing SEC vs. The post SEC opposes third parties seeking to prove utility of Ripple blockchain appeared first on CryptoSlate.

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SEC Slams Ripple-Friendly Firms for Attempting to Help Defendants

The SEC wants to prevent I-Remit and TapJets from filing their amicus briefs, arguing that the outcome of the lawsuit will not prevent them from using the XRP token

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SEC Accuses 2 Firms of Crypto Pump-and-Dump Scheme

The complaint alleges the two companies pumped the price of their cryptocurrency by falsely claiming they had acquired $10 billion in gold bullion to back it.

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SEC Sues 2 Crypto Advisory Firms and Their Owner for Misappropriating Investors’ Funds

The complaint alleges the firms' owner lied to investors about where their funds were deposited in a Ponzi-like scheme.

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Thailand's SEC Bans Crypto Firms From Offering Staking and Lending Service

Thailand's Securities and Exchange Commission (SEC) has banned crypto companies from offering staking and lending services, according to a release on Thursday.

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