SEC Chair Gensler Discusses How Securities Laws Apply to Crypto Tokens — Won’t Say if Ethereum Is a Security – Regulation Bitcoin News

SEC Chair Gensler Discusses How Securities Laws Apply to Crypto Tokens — Won't Say if Ethereum Is a Security – Regulation Bitcoin News

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has explained how securities laws apply to cryptocurrency tokens as he outlined the commission’s priorities in regulating the crypto space. “Our role at the SEC is to ensure that the public still gets basic protection,” he stressed. SEC Chair Gary Gensler on Cryptocurrency … Read more

SEC Charges Australian ‘Man Behind the Machine’ in $41M Crypto Fraud Scheme – Regulation Bitcoin News

SEC Charges Australian 'Man Behind the Machine' in $41M Crypto Fraud Scheme

The U.S. Securities and Exchange Commission (SEC) has charged an Australian citizen who called himself the “Man behind the Machine” in a fraudulent crypto scheme that raised almost $41 million. He and his companies made “materially false and misleading statements in connection with an unregistered offer and sale of digital asset securities.” ‘Man Behind the … Read more

Bitcoin Daily: SEC Delays NYDIG Bitcoin ETF Ruling

SEC

Decentralized finance (DeFi) platform WonderFi Technologies has agreed to buy Canadian crypto exchange Bitbuy for $161.8 million, according to a Tuesday (Jan. 4) CoinDesk report. With the deal, WonderFi now gets one of the fastest growing Canadian crypto platforms, with an addition of 375,000 new registered users. It will also be able to offer a … Read more

‘I’m a huge believer in crypto technology,’ says former US SEC chair

‘I'm a huge believer in crypto technology,’ says former US SEC chair

Former chairman of the U.S. Securities and Exchange Commission, or SEC, Jay Clayton, was appointed by ex-President Donald Trump to serve in 2017. In his tenure as head of the SEC, Clayton often defended Bitcoin (BTC) as a store of value. This past Wednesday, during an interview with CNBC’s Squawk Box show, Jay shared his thoughts … Read more

Ripple launches enterprise crypto feature amid legal battle with SEC

Ripple launches enterprise crypto feature amid legal battle with SEC

Ripple CEO Brad Garlinghouse speaks onstage during Day 1 of TechCrunch Disrupt SF 2018.Steve Jennings | Getty Images for TechCrunchFintech start-up Ripple on Tuesday said it’s launching a new product that lets financial services firms offer their customers the ability to buy and sell cryptocurrencies.The San Francisco-based company said the feature, called Liquidity Hub, will … Read more

Crypto founder Do Kwon explains why he’s suing the SEC

Crypto founder Do Kwon explains why he's suing the SEC

The crypto founder going on the offensive in the industry’s latest battle with the Securities and Exchange Commission (SEC) called out a lack of understanding as a big problem among regulators.Terraform Labs co-founder and CEO Do Kwon, who sued the SEC Friday to quash a recent subpoena, explained to Yahoo Finance at Monday’s All Markets … Read more

Crypto investors still are not sufficiently protected in the $2 trillion market despite the success of the first bitcoin ETF, SEC chief Gary Gensler says | Currency News | Financial and Business News

Gary Gensler, chair of the SEC, testifies at a hearing in September.

Gary Gensler, chair of the SEC, testifies at a hearing in September. Evelyn Hockstein-Pool/Getty Images The first-ever bitcoin-futures that launched on October 19 was a massive success. SEC Chair Gary Gensler on Monday voiced concern that crypto investors are still not well protected. His comments led to some speculation among observers on social media that … Read more

Republican SEC Commissioner Criticizes Agency’s Approach to Crypto

Republican SEC Commissioner Criticizes Agency’s Approach to Crypto

WASHINGTON—A Republican member of the Securities and Exchange Commission criticized the agency’s approach to regulating the cryptocurrency industry, which Chairman Gary Gensler, a Democrat, has likened to the Wild West. Hester Peirce, one of two Republicans on the five-member commission, said Wednesday that the agency should be making more of an effort to work with … Read more