Despite both parties in the Ripple and Securities Exchnage Commission (SEC) case making final submissions and awaiting summary judgment, the main focus still lingers around the regulator’s power in pr...
Tag: SEC
Crypto lawyers question SEC Chair over claims of crypto being security
Crypto lawyers have criticized the U.S. SEC Chair’s comments. The SEC Chair claimed that every cryptocurrency except Bitcoin is a security subject to its jurisdiction. So far, SEC has either fined tok...
Lawyer Urges This Probe Can Lead To End Of US SEC Chair Scrutiny
XRP News: U.S. Securities and Exchange Commission (SEC) chair, Gary Gensler has been alleged of being biasedly serving several crypto firms and personalities over time. However, the commission has als...
SEC Chair Reasserts Every Crypto is a Security Aside From BTC
Gary Gensler’s recent interview with New York Mag (NYMAG) has ruffled feathers across the crypto industry again. The SEC chair reiterated that he considers all crypto assets and all transitions to be ...
Crypto Crash Looming? SEC Might Label All Cryptocurrencies Except Bitcoin as Securities
The United States Securities and Exchange Commission (SEC) has intensified its altcoin crackdown, with Bitcoin narrowly escaping the regulator. The SEC Chair Gary Gensler has time and again argued tha...
Circle CEO Criticizes SEC Stablecoin regulations
According to Jeremy Allaire, founder and CEO of Circle, the United States Securities and Exchange Commission is not the suitable institution to oversee stablecoins. The chief executive officer of Circ...
US SEC Narrative Of Calling Token A Security Winning?
XRP News: The U.S. Securities and Exchange Commission (SEC) has received a heavy backlash from digital asset industry leaders over the categorization of tokens. However, in the latest hearing of the L...
Top Analyst Speculates Ripple’s XRP Price Might Skyrocket to $17.00 Amid SEC Escrow Burning Reports
An XRP enthusiast going by the name of Nerd Nation on Box recently shared a hypothetical scenario that has some within the XRP community excited. The scenario involves the SEC requiring Ripple to burn...
Grayscale CEO Addresses SEC as Arbitrary on its Denial of Spot ETF
Michael Sonnenshein argued that the SEC has been arbitrary when it rejected GBTC’s proposal. He added that the SEC has approved several Bitcoin futures ETF. Sonnenshein told that the investors would h...
SEC Triggers Billion-dollar ‘Bank Run’ on Binance’s BUSD
It has been a rough ride for Binance-owned stablecoin BUSD since Paxos received a Wells notice from the SEC. In a company email last week, Paxos noted that since its decision to halt minting the crypt...
What Grayscale’s CEO feels about the SEC lawsuit
Grayscale CEO expects a decision in the lawsuit against the SEC by the fall of 2023. Oral arguments for the lawsuit will begin on 7 March. On 24 February, Michael Sonnenshein, the CEO of Grayscale Inv...
Stablecoin Dominance At 9-Month Low After SEC Targets Binance Dollar
Stablecoin dominance has been declining all year, but recent threats by the SEC might have pushed it lower. The metric, which tracks how much of crypto’s total market value is stablecoins, has dropped...
Ripple vs SEC: Empower Oversight Supports to Unseal Hinman Docs
Recently, Empower Oversight showed its support for the Motion to unseal Hinman Documents. The Motion to intervene in the Ripple vs SEC lawsuit is proposed by Forbes journalist Dr. Roslyn Layton. The r...
SEC Boss Hints That Ethereum (ETH) Is a Security
Alex Dovbnya SEC Chair Gary Gensler has hinted that he believes Ethereum (ETH) could be classified as a security in a recent interview with New York Magazine In a recent interview with New York Magazi...
Former SEC chief warns against using emojis for investment advice
Ad Former SEC branch chief Lisa Braganca warned the public against using certain emojis in promotional materials following a court ruling that classified DapperLabs’ use of emojis as investment advice...
SEC Commissioner Wants Stablecoin Regulations Postponed
SEC Commissioner Hester Pierce has urged authorities to refer stablecoin rules to Congress as the discussion over cryptocurrency laws continues. Several people are surprised by this since they thought...
SEC Chair Believes Ethereum Could Be A Security: Reason For Investors To Panic?
Gary Gensler is a former investment banker and American financial regulator who has been the chairman of the United States Securities and Exchange Commission (SEC) since April 2021. He has recently be...
Circle CEO believes the SEC has it all wrong on stablecoins
According to Jeremy Allaire, Circle’s founder and CEO, there are better institutions than the US SEC to oversee stablecoins. The leader of Circle is quoted as saying that stablecoins are payment chann...
Circle CEO Believes Stablecoins Should Not Be Regulated by the SEC
Following the most recent crackdown by the US Securities and Exchange Commission against several crypto companies, Jeremy Allaire opined that the agency is not the best fit to oversee stablecoins in p...
U.S. Watchdog Supports Motion to Unseal Hinman Documents in Ripple vs. SEC Case ⋆ ZyCrypto
Advertisement     Empower Oversight, a Washington-based watchdog, has supported a motion filed by Roslyn Layton Layton, a senior vice president of telecom research fir...
SEC is not the appropriate regulator for stablecoins: Circle CEO
The United States Securities and Exchange Commission is not the appropriate agency to regulate stablecoins, according to Circle founder and CEO Jeremy Allaire. In an interview with Bloomberg on Feb. 2...
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 Bl...
SEC Chair Gary Gensler Indirectly Declares Ether Is A Security ⋆ ZyCrypto
Advertisement     U.S. Securities and Exchange Commission chair Gary Gensler has seemingly given an answer on whether or not Ethereum (ETH) is a security. Although he ...
SEC Takes Another Shot At Binance.US
The deal between Binance.US and Voyager Digital has hit a significant roadblock as the deal breakers voiced objections against it. The US Securities and Exchange Commission (SEC) has raised objections...
Users Pick Ripple Win Against SEC Over BTC Spot ETF As Biggest Event That Could Happen in Crypto
Crypto enthusiasts think Ripple winning against the SEC is better than Grayscale launching a spot Bitcoin ETF. Paul Barron Network, a cryptocurrency YouTube channel, has asked crypto community members...
SEC vs. XRP: What Investors Need to Know
The XRP market is slipping as attributes such as network-related fundamentals, global crypto global economics, and price movements deter bulls from going non-linear. Just after a rally from $0.33 to a...
Circle CEO says stablecoin regulation should not be assigned to U.S. SEC
Ad Circle CEO Jeremy Allaire told Bloomberg on Feb. 23 that the U.S. Securities and Exchange Commission should not be tasked with regulating stablecoins. Allaire said during an interview with the publ...
Circle CEO Believes The SEC Should Not Regulate Stablecoins
– Advertisement – Circle founder and CEO Jeremy Allaire recently stated that the U.S. SEC is not the right regulator for stablecoins. Allaire believes that the activities of a payment sta...