Gary Gensler: ‘Everything But Bitcoin’ Can Be Accountable Under SEC Jurisdiction

SEC Chair Gary Gensler discussed Bitcoin, the political repercussions of FTX collapse and the future of crypto regulation in a recent interview. This comes as the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) await a decision on who will have the authority to regulate specific crypto products.

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Crypto Lobbying Needs a Reset: More FTC, less SEC

Of all the Securities and Exchange Commission’s actions against crypto entities that have stirred the industry’s ire, the agency’s recent move forcing New York-based Paxos to cease issuing its partner Binance’s BUSD stablecoin is the most deserving of an outcry.

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SEC Shouldn’t Regulate Crypto Stablecoins, Says Circle CEO

Circle chief Jeremy Allaire has reacted to the recent spree of enforcement actions by the US Securities and Exchange Commission (SEX) and other agencies in the crypto industry. In an interview with Bloomberg, the Circle boss shared his views regarding SEC’s recent moves on BUSD stablecoin issuer Paxos.

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SEC charges Terraform and Do Kwon with fraud allegations

The SEC, as of a recent filing, is charging Terraform and Do Kwon of fraud amid the Terra collapse. According to the SEC executives, Do Kwon was involved in defrauding investor assets securities.

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SEC And CFTC Legal Action Against Mango Markets Hacker Will Boost DeFi, Moody

The recent spree of regulatory actions in the DeFi ecosystem got positive reactions from the credit rating firm Moody. In a recent development, the Commodities Futures Trading Commission (CFTC) and the Securities Exchange Commission (SEC) took legal action against the Mango Markets exploiter for allegedly manipulating the market to steal funds from the platform.  The […]

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Coinbase’s class action lawsuit dismissed as the firm pauses NFT drops

Client accusations on coinbase that they sold unregistered securities have been dismissed according to recent reports. The development comes after the firm just announced it was pausing all NFT drops.

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Crypto Market Will See A Bloodbath If Ripple Loses To SEC, Gasparino Says

In recent days, a heated discussion has arisen between prominent journalist and Fox Business host Charles Gasparino and the Ripple / XRP community. Gasparino voiced that the US Securities and Exchange Commission (SEC) had legitimate reasons why they targeted and sued Ripple prior to FTX.

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XRP Spikes 2% In Past 24 Hours Despite Recent Bearish Developments

Ripple has been locked in a bitter court battle with the U. S. Securities and Exchange Commission regarding whether XRP should be classified as a security or not. Ripple’s CEO, Brad Garlinghouse, recently tweeted about him being optimistic but cautious of what 2023 brings in terms of regulations.

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SEC vs BTC? Former SEC attorney says BTC is a security

According to a recent tweet from John Reed Stark, the former director of the Securities and Exchange Commission's Office of Internet Enforcement, bitcoin may be trading as an unregistered security.

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Gate Group in talks with Hong Kong authorities over crypto policy, regulation

Gate Group said it discussed Hong Kong’s recent policy statement on virtual assets in a closed-door meeting with the Financial Services and Treasury Bureau (FSTB), the Securities and Futures Commission (SFC) and Invest Hong Kong, according to a company statement.

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Financial Stability Board To Set Global Standards For Crypto Regulation In 2023

Crypto regulations have been deliberated in and out of the industry. However, recent events have raised concerns about the lack of regulation on digital assets. The U.S. Securities and Exchange Commission, Congress, and some global authorities have been trying to up their game to bring a clear regulatory pathway for crypto. It is supposed to […]

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10 Questions for FTX CEO John J. Ray III From a Securities Lawyer

In his recent media tour, disgraced founder Sam Bankman-Fried claims he did not commit fraud. Someone that still has access to FTX and Alameda Research’s accounts could prove otherwise.

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TeraWulf shares drop 32% amid purchase agreement with Bitmain

TeraWulf, a US-based green energy bitcoin (BTC) miner, raised $10 million in financing to repay debts and announced buying more mining rigs from Bitmain. Its shares reacted with a 32% drop. In a recent filing to the US Securities and…

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BlockFi’s recent filing mentions U.S. SEC among largest creditors

In a recent court filing, BlockFi listed the US Securities and Exchange Commission among its largest creditors. According to reports, the lender owes the SEC about $30 million.

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Recent FTX hacks prove it was right to ‘secure’ its assets: Bahamian regulator

The Securities Commission of The Bahamas said the continued hacking attempts on FTX prove it made the right call to “secure” FTX’s digital assets.

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Ripple Lawsuit: SEC’s Win Against This Blockchain Firm in High-Profile Securities Case Unnerves XRP Army

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Ripple CTO Explains What Recent Securities Fraud Case Means for Crypto

MoviePass executives are facing criminal charges after misrepresenting its business model

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How Decentralized Finance is Helping DeFi Startups Raise Capital on the Orbeon Platform

DeFi, or decentralized finance, refers to using smart contracts and blockchain technology to raise and issue securities such as stocks or bonds, usually done by big institutions. With this development in finance, startups can now raise capital without going through traditional fundraising methods, such as venture capitalists (VCs).

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CryptoSlate Wrapped Daily: Binance’s CZ lashes out at Reuters reporter; Ethereum network at peak performance

The biggest news in the cryptoverse for October 18 includes Japan looking to amend KYC rules for crypto, Binance CEO Changpeng Zhao’s post about the company’s recent dealings with a Reuters reporter and Texas’ probe into FTX US and Sam Bankman-Fried for allegedly offering unregistered securities.

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Crypto Exchange FTX US Under Investigation by Texas Regulator Over Securities Allegations

The Texas State Securities Board is investigating FTX US over allegations it offers unregistered securities products through its yield-bearing service, according to a recent court filing.

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Laguna Labs CEO: Gensler and the SEC are ‘living in the past’

The US Securities and Exchange Commission (SEC) Chair Gary Gensler’s recent comments about Ethereum… The post Laguna Labs CEO: Gensler and the SEC are ‘living in the past’ appeared first on CoinJournal.

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Grayscale, Disclosing SEC Queries, Says Cryptos XLM, ZEC, ZEN May be Securities

ZEC, ZEN and XLM “may currently be a security, based on the facts as they exist today,” Grayscale said in recent, little-noticed filings.

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Grayscale, Disclosing SEC Queries, Says Cryptos XLM, ZEC, ZEN May Be Securities

ZEC, ZEN and XLM “may currently be a security, based on the facts as they exist today,” Grayscale said in recent, little-noticed filings.

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SEC Accuses Ripple of Advancing Inconsistent Arguments Regarding Hinman Emails

The U.S. Securities and Exchange Commission has asked the court to sustain its recent objections to the recent court orders related Hinman emails

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Ripple lawsuit: SEC amuses XRP holders at this one-liner reply

Ripple's lawsuit against the regulatory watchdog, U.S. Securities and Exchange Commission (SEC) might have taken an offensive approach after the former recorded a recent win. Ripple got a major booThe post Ripple lawsuit: SEC amuses XRP holders at this one-liner reply appeared first on AMBCrypto.

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Binance Delists Token After SEC Calls It a Security

Binance.US is shutting down its AMP trading services after it was deemed a security by the Securities and Exchange Commission in a recent filing. Waiting for Regulatory Clarity Binance is...

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SEC Will Need to Prove Tokens Are Securities in Coinbase Insider-Trading Case, Legal Expert Says

Former persecutor Ian McGinley joined CoinDesk TV’s “First Mover” to discuss Coinbase's recent insider trading case and what the SEC will need to do moving forward as it eyes more regulatory oversight.

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XRP Lawsuit: Judge Accused SEC of Hypocrisy, Orders Release of Hinman’s Documents

The Securities and Exchange Commission’s case against Ripple Labs lingers, and the most recent of events has seen the U.S. regulatory body hit hard by an unfavorable ruling. A judge presiding over the suit has repudiated the SEC’s attorney-client protection claim as a reason not to release documents pertaining to the Hinman speech. Judge Netburn […]

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Thai SEC Asks Zipmex to Clarify Withdrawal Freeze

The Thai Securities and Exchange Commission (SEC) has sent a request to cryptocurrency exchange Zipmex to clarify the recent withdrawal freeze.

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Troubled Crypto Lending Firms Investigated by Securities Regulators from Texas and Alabama

State securities regulators have started investigating the embattled crypto companies that went underwater during the recent market turmoil

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No More Fragmented Crypto Rules, SEC Chief Confirms Formal Talks With CFTC

In a recent interaction with the Financial Times, US Securities and Exchange Commission Chair Gary Gensler remarked that a unified approach by financial agencies can ensure that a fragmented regulatory framework doesn't provide loopholes for crypto players.

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Citadel Securities Is Building a Crypto Trading Marketplace With Virtu Financial: Sources

The effort also includes Citadel’s recent VC backers, Sequoia and Paradigm, with more trading firms to come, according to a source familiar with the plans.

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With Upper Hand In XRP Lawsuit, Ripple CEO Garlinghouse Expects Landmark Court Rulings Soon

For a while, it seemed like a no-brainer that the US Securities and Exchange Commission had the upper hand in the legal battle. But the scenario changed in recent months as Ripple cinched a series of procedural wins.

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U.S. Think Tank Pushes Back Against New Crypto Laws. Says Existing Security Laws Are Enough

For a while, it seemed like a no-brainer that the US Securities and Exchange Commission had the upper hand in the legal battle. But the scenario changed in recent months as Ripple cinched a series of procedural wins.

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With Upper Hand In XRP Lawsuit, Ripple CEO Brad Garlinghouse Expects Landmark Court Rulings Soon

For a while, it seemed like a no-brainer that the US Securities and Exchange Commission had the upper hand in the legal battle. But the scenario changed in recent months as Ripple cinched a series of procedural wins.

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SEC Smells Something Fishy About The NFT Market And Is Launching A Probe, Sources Say

In recent months, US Securities and Exchange Commission legal counsels have issued summons to the NFT market creators and other crypto exchanges, seeking additional information about their projects. The SEC, led by crypto doubter, Chairman Gary Gensler, is reportedly moving to investigate whether NFT developers and marketplaces are breaching securities rules, numerous news outlets disclosed […]

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After its recent ATH value point, should you buy Dusk Network (DUSK)?

Dusk Network DUSK/USD is a blockchain specifically created towards enabling programmable and confidential securities, which are powered through Zero-Knowledge proofs as well as a novel Private PoS extraction-based consensus protocol.

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Celcius CEO not worried about Bitcoin, Ethereum being deemed securities

Despite regulatory uncertainty, it is no news that crypto interest has grown manifold this year. In a recent interview with Coin Stories, Celsius CEO Alex Mashinsky discussed Bitcoin and the regulatorThe post Celcius CEO not worried about Bitcoin, Ethereum being deemed securities appeared first on AMBCrypto.

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India may disallow Indians from trading crypto on foreign exchanges

A recent cabinet note shared by the government of India states the new crypto bill will be regulated by the Securities and Exchange Board of India (SEBI). The post India may disallow Indians from trading crypto on foreign exchanges appeared first on CryptoSlate.

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Who is responsible for regulating America's 'infant' crypto industry

In a recent interview with Bloomberg, U.S. Securities and Exchange Commissioner Hester Peirce discussed the heated regulatory environment in the country. Peirce, who is affectionately referred to as "The post Who is responsible for regulating America's 'infant' crypto industry appeared first on AMBCrypto.

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US legislators ask SEC to approve a Bitcoin spot ETF

Top lawmakers in the United States have urged the chairman of the Securities and Exchange Commission, Gary Gensler, to approve a spot Bitcoin ETF despite the recent approval of futures-linked BTC ETFs.

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Here's how today's millennials are seeing Bitcoin and cryptos

In a recent report, JMP Securities claimed that the crypto-economy could represent the "greatest innovation of our lifetime." In fact, analysts Devin Ryan and Brian McKenna also predicted, "We see crThe post Here's how today's millennials are seeing Bitcoin and cryptos appeared first on AMBCrypto.

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US SEC said to shy away from levered and inverse Bitcoin futures ETFs

The US Securities and Exchange Commission (SEC) instructed at least one asset manager to shelve plans for a leveraged Bitcoin (BTC) exchange-traded fund (ETF), the Wall Street Journal revealed in a recent report.

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Gate.io’s Perpetual Contracts More Popular Than Ever

During Bitcoin’s most recent run which saw it break through its previous all-time high, trading volume on leading cryptocurrency exchange, Gate.io, surged during September and October. The Securities and Exchange Commission (SEC) greenlit bitcoin futures ETFs on October 15th, in an industry first that has sent the leading cryptocurrency surging in recent weeks. Last week, […]

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SEC filings show Morgan Stanley has doubled its Bitcoin (BTC) position

After its previous hostility towards Bitcoin and other crypto assets, Morgan Stanley, a leading investment bank, has increased its exposure to the leading digital assets per its recent filings with the Securities and and Exchange Commission (SEC) on September 27.

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Dubai Now Crypto Flagbearer in the Middle-East

Following the recent agreement reached by heads of the Dubai Securities and Commodities Authority (DSCA), and the Dubai World Trade Centre Authority (DWTCA) to officially permit cryptocurrency use in the free trade zone, Dubai will now become the city with the highest cryptocurrency adoption in the middle east.

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SEC Chair Gary Gensler Reveals Plans To Clean Up Crypto Space – Stablecoins At Grave Risk?

Key takeaways SEC chair Gary Gensler goes on rampage against the cryptocurrency industry in recent interview. Gensler considers over 5,000 cryptocurrencies to be securities and won’t relent in going after them.

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SEC chief Gensler now eyeing crypto staking and 'poker chip' stablecoins

In recent weeks, the U.S. Securities and Exchange Commission [SEC] has brought several crypto companies into the regulatory spotlight. Coinbase was warned about its high-interest crypto-product Lend,The post SEC chief Gensler now eyeing crypto staking and 'poker chip' stablecoins appeared first on AMBCrypto.

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American DAO CryptoFed files with the SEC, to offer utility tokens

Wyoming-based decentralized autonomous organization [DAO], CryptoFed has made an announcement regarding its recent filing. The DAO filed two forms with the United States Securities and Exchange CommisThe post American DAO CryptoFed files with the SEC, to offer utility tokens appeared first on AMBCrypto.

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