Ripple CEO questions SEC’s crypto jurisdiction as Gensler requests more funding

Ripple CEO questions SEC's crypto jurisdiction, while SEC chair seeks more funding for oversight of cryptocurrency markets

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Ripple Seeks Regulatory Nod, Applies For Crypto License In The UK

After securing a major legal triumph against the US Securities and Exchange Commission (SEC), Ripple, the blockchain payments firm, is now focusing on its expansion plans in Europe. Ripple’s move to apply for registration with the Financial Conduct Authority (FCA) and seek a payment institution license in Ireland further underscores the company’s commitment to responsibly […]

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XRP Eyes ‘Monster Move’ As Ripple Seeks Crypto License In Ireland And UK Following Courtroom Win

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New Crypto Bill Demands SEC And CFTC To Draft Rules For Trading Platforms

Senior House Republicans have officially introduced a bill that seeks to change how crypto markets function in the United States. Republican members of the Agriculture and Financial Services Committees of the United States House have introduced this bill to create a regulatory framework for digital assets.

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Terraform Labs Seeks FTX Subpoena as It Battles SEC Lawsuit

Terraform Labs has asked a judge to subpoena documents from FTX that the company hopes could help in its defense against the SEC. The post Terraform Labs Seeks FTX Subpoena as It Battles SEC Lawsuit appeared first on BeInCrypto.

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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.  […]

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SEC seeks public input on Bitcoin ETFs

As of July 17, investors, traders, and other members of the public can now share their opinions on the Bitcoin ETF filings submitted via the Cboe exchange. All comments are set to be published on the SEC’s website. Comment period…

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Mysterious self-proclaimed Binance stakeholder “Eeon” seeks to intervene in SEC’s suit against the exchange

“Eeon,” an individual that claims to represent Binance customers, attempted to enter an ongoing securities case concerning the exchange company on July 14. Eeon and the affected customers wrote in a filing: “We are the proper parties to this matter as we have been identified by the Court in its Order issued on June 17, […] The post Mysterious self-proclaimed Binance stakeholder “Eeon” seeks to intervene in SEC’s suit against the exchange appeared first on CryptoSlate.

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Bittrex challenges SEC’s authority in crypto lawsuit, seeks dismissal

Bittrex has aligned its arguments closely with those made by Coinbase.

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Coinbase References Hinman Emails In XRP Case As Exchange Seeks Dismissal Of SEC’s Lawsuit

And these documents could not only help the XRP originator evade a billion-dollar suit but also help another crypto giant in the SEC's crosshairs: Coinbase, the biggest digital asset exchange in the United States.

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Coinbase Seeks Dismissal of the SEC’s Legal Case Based on the Definition of a Security

The world's second-largest crypto exchange, Coinbase, has taken a bold step in its defense against the SEC, asking a judge to dismiss the SEC's claim that it acted as an unregistered broker. The post Coinbase Seeks Dismissal of the SEC’s Legal Case Based on the Definition of a Security appeared first on BeInCrypto.

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Coinbase Argues ‘Abuse of Process;’ Seeks to Dismiss SEC Case

In a bold move against the U.S. Securities and Exchange Commission (SEC), Coinbase has filed a motion to dismiss its SEC’s lawsuit. The motion, filed on June 29 in the...

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Coinbase seeks dismissal of SEC suit, claims extraordinary abuse of process

The motion to dismiss argues that even if all the allegations in the lawsuit are true, the plaintiff does not have a valid legal claim.

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Binance vs SEC: Has Binance decided to take the aggressive approach?

Binance accuses SEC of false accusations and alleges conflict of interest. Binance seeks to restrict SEC's public statements in the ongoing legal battle. The ongoing legal battle between BinThe post Binance vs SEC: Has Binance decided to take the aggressive approach? appeared first on AMBCrypto.

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SEC seeks alternative ways to serve Changpeng Zhao after failing to get him

There are rumours that Changpeng Zhao could be in Dubai. There is no known base of operations for the Binance CEO. The SEC is seeking permission from the court to serve CZ lawyers on his behalf.

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US court orders SEC to respond to Coinbase’s rulemaking petition

US court has directed the SEC to address Coinbase’s rulemaking petition within a week, as the crypto exchange seeks regulatory clarity for digital assets amidst an ongoing lawsuit and heightened enforcement actions against market participants. The US Court of Appeals…

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SEC seeks express court order to freeze BinanceUS’s assets

The SEC has asked a United States federal court to freeze the entire assets of BinanceUS, to prevent the “dissipation of the exchange’s available assets for any judgment.” Binance.US will be mandated to repatriate customers’ crypto and fiat currencies if…

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SEC Strikes: Seeks Temporary Restraining Order To Freeze Binance.US Assets

Following the increased regulatory oversight over the crypto industry, the United States Securities and Exchange Commission (SEC) has filed an emergency motion for a temporary restraining order against Binance Holdings Limited, BAM Trading Services, BAM Management US Holdings, and Changpeng Zhao.

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Breaking: US SEC wants to freeze Binance.US' assets

The US SEC has filed for a restraining order seeking to freeze the assets of BAM trading and other entities The commission also seeks to strip away any access Binance and CZ had over US customeThe post Breaking: US SEC wants to freeze Binance.US' assets appeared first on AMBCrypto.

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SEC Seeks Temporary Restraining Order to Freeze Binance.US Assets

The U.S. Securities and Exchange Commission (SEC) asked a court to grant a temporary restraining order to freeze assets tied to Binance.US on Tuesday.

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Ripple lawsuit could be impacted by LBRY lawsuit, experts suggest

Pro-XRP lawyers analyze the impact of a recent SEC vs. LBRY ruling on the ongoing Ripple lawsuit, as LBRY seeks clarity on securities classification.

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Gemini Fights Back: Seeks Dismissal of SEC Lawsuit

Gemini has filed a submission to dismiss the U.S. Securities and Exchange commission's (SEC) lawsuit against it. The post Gemini Fights Back: Seeks Dismissal of SEC Lawsuit appeared first on BeInCrypto.

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Filecoin Foundation Lashes Out at SEC for Classifying FIL as Security

Coinspeaker Filecoin Foundation Lashes Out at SEC for Classifying FIL as Security Grayscale also noted that it doesn't believe that Filecoin is security and seeks to respond to the SEC staff with a legal basis for their position.

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SEC Seeks to Slash $22M Fine on Crypto Firm LBRY to $111K

A U.S. judge ruled in November that the crypto startup had violated securities laws by selling its native LBC token without registering with the SEC.

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SEC revises $22M punishment against LBRY, seeks $111K instead

The SEC originally wanted LBRY to pay millions of dollars in penalties, but now concedes the defunct firm can’t pay up that amount.

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Coinbase’s SEC Complaint Draws Allies Depicting U.S. Regulator as Crypto Bully

Crypto insiders are tying themselves to Coinbase (COIN) as the company seeks to blow up the U.S. Securities and Exchange Commission’s (SEC) “come in and register” crusade aimed at the digital assets sector.

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Do Kwon seeks SEC charges dismissal as S.Korea rules LUNA as non-security

The South Korean district court recently dismissed security violation charges against Terra co-founder Hyun-seong Shin, deeming LUNA as non-security under Korea’s Capital Markets Act.

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First Mover Americas: Coinbase Seeks Clear Answers From SEC

The latest price moves in bitcoin (BTC) and crypto markets in context for April 25, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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US SEC seeks to expand its Crypto Assets and Cyber Unit

A new job posting reveals an open position for general attorneys in New York, San Francisco, and Washington D.C. in the SEC crypto assets and cyber unit division.

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Cryptos Brace for More Enforcement Actions as SEC Seeks $2B Funding to Tame ‘Misconduct’

Gary Gensler, the Securities and Exchange Commission (SEC) Chair, is pushing for additional funding to increase oversight, especially in the cryptocurrency sector. On Wednesday, Gensler told the House sub-committee on financial services that he supports President Joe Biden’s $2.

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SEC’s Gensler seeks $2.4B in funding to chase down crypto ‘misconduct’

United States Securities and Exchange Commission Chair Gary Gensler says the regulator is spread thin and needs additional funding to keep up with the “increased complexity in the capital markets.”

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SEC’s Gary Gensler seeks for more staff, resources to regulate crypto

SEC chair Gary Gensler asked United States lawmakers for greater resources to increase his agency’s staff count during a hearing that took place on March 29. The post SEC’s Gary Gensler seeks for more staff, resources to regulate crypto appeared first on CryptoSlate.

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SEC targets Coinbase, Do Kwon arrested and FTX sells $95M in Mysten Labs: Hodler’s Digest, March 19-25

Coinbase’s Wells notice hints at enforcement action on the horizon, Terraform Labs CEO Do Kwon arrested in Montenegro and FTX seeks to sell $95 million in Mysten Labs stocks.

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Crypto Bill Seeks To Protect Financial Freedom, Here’s How

Amid the turmoil that the Securities and Exchange Commission (SEC) and the crypto industry have been involved in over the past few weeks, digital assets may see a step forward in regulatory relief. In particular, new legislation seeks to enhance financial freedom for American customers in the U.

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Ripple v. SEC: New Update Shared as Journalist Seeks Access to Hinman Speech: Details

Forbes journalist wants access to Hinman documents

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Kraken reaches $30M settlement with SEC over staking as IRS seeks user information

“Kraken not only offered investors outsized returns untethered to any economic realities, but also retained the right to pay them no returns at all,” said Gurbir Grewal.

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Binance.US' Voyager assets acquisition hits roadblock with SEC interruption

SEC has filed a limited motion objecting to Binance. US' acquisition of Voyager's assets The commission seeks to know how Binance. US can afford such a large deal The United States Securities The post Binance.

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Ripple Ally Raises Objection to $22 Million SEC Fine: Details

LBRY seeks to limit SEC remedies

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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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CryptoSlate Wrapped Daily: FTX seeks bailout to shore up liquidity; 60K BTC withdrawn from exchanges

The biggest news in the cryptoverse for November 10 includes SBF planning to raise funds to bailout FTX and make users whole, SEC chairman Gary Gensler advocating for more investor protection following FTX collapse, and  Sequoia Capital writing off its over $200M investment in FTX as worthless.

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CryptoSlate Wrapped Daily: IRS classifies NFTs as digital assets; retail investors group seeks to track down Do Kwon

The biggest news in the cryptoverse for October 19 includes the IRS classifying NFTs as digital assets for tax purposes, Cardano NFTs becoming the next gold rush,  Blockchain advocacy groups filing a motion to support Grayscale in the lawsuit against SEC, and top 10 metaverse tokens crashing as interest wanes.

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Ripple: CryptoLaw Founder Says SEC Seeks to Control Narrative with Term "Crypto Securities"

John Deaton criticizes agency for trying to control narrative

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US senator bill seeks to cushion crypto exchanges from SEC enforcement actions

The Digital Trading Clarity Act of 2022 aims to provide regulatory clarity around classifying digital assets and related liabilities under existing securities laws.

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XRP Jumps 10% in 24 Hours as Ripple Seeks to Defeat SEC with Arguments

XRP remains only crypto asset up weekly among top 10

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Brazilian SEC seeks to change its role in cryptocurrency regulation

Resistant to overseeing the space in the past, the agency said it now plans to work on the definition of virtual assets.

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Thai SEC seeks clarification from Zipmex on withdrawal freeze

The Thailand Securities and Exchange Commission (SEC) has sent a letter to Cryptocurrency exchange Zipmex, asking for clarifications about the halt of all customer withdrawals, according to a July 21 press release.

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SEC Seeks to Limit Expert Testimony in Ripple Case

The Securities and Exchange Commission (SEC) has sought leave to file an omnibus motion that would limit expert testimony in its case against Ripple. The post SEC Seeks to Limit Expert Testimony in Ripple Case appeared first on BeInCrypto.

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Thailand SEC bans crypto payments, seeks disclosure of system failure from exchanges

Since Dec. 2021, the government of Thailand has been working on preparing a new regulatory framework by defining “red lines” for the crypto industry.

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Fidelity Investment Seeks SECs Approval for ETFs Tied To the Metaverse

Earlier today, Fidelity Investments reportedly filed paperwork for ETFs connected to the Metaverse with the SEC. The report stated that the ETFs track public companies developing their Metaverse and similar products.

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