Auto Added by WPeMatico

SEC Nearly Doubles Crypto Enforcement Unit — Regulator Says ‘Crypto Markets Have Exploded in Recent Years’

The U.S. Securities and Exchange Commission (SEC) has nearly doubled the size of its Enforcement Division’s crypto unit. SEC Chairman Gary Gensler said the regulator “will be better equipped to…

Continue ReadingSEC Nearly Doubles Crypto Enforcement Unit — Regulator Says ‘Crypto Markets Have Exploded in Recent Years’

SEC Chair Gensler Asks Staff to Collaborate With CFTC on Regulating Crypto Exchanges

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has asked SEC staff to collaborate with the Commodity Futures Trading Commission (CFTC) to develop a new plan…

Continue ReadingSEC Chair Gensler Asks Staff to Collaborate With CFTC on Regulating Crypto Exchanges

SEC Names Crypto an Exam Priority This Year

The Securities and Exchange Commission (SEC) has listed crypto assets as an examination priority for market participants this year. “In this time of heightened market volatility, our priorities are tailored…

Continue ReadingSEC Names Crypto an Exam Priority This Year

Coinbase Sued for Allegedly Selling 79 Unregistered Crypto Securities — Including XRP, Dogecoin, Shiba Inu

A class-action lawsuit has been filed against the Nasdaq-listed cryptocurrency exchange Coinbase alleging that the platform lets customers trade 79 cryptocurrencies that are unregistered securities, including XRP, dogecoin (DOGE), and…

Continue ReadingCoinbase Sued for Allegedly Selling 79 Unregistered Crypto Securities — Including XRP, Dogecoin, Shiba Inu

8 US Lawmakers Urge SEC to Stop Crippling Crypto, Stifling Innovation

Eight U.S. lawmakers have sent a letter to the chairman of the U.S. Securities and Exchange Commission (SEC) regarding how the agency collects information from crypto companies. According to the…

Continue Reading8 US Lawmakers Urge SEC to Stop Crippling Crypto, Stifling Innovation

Biden Signs Executive Order Establishing National Crypto Policy Across 6 Key Priorities

U.S. President Joe Biden has signed a “historic” executive order on crypto assets, establishing “a national policy for digital assets across six key priorities,” the White House stated. The executive…

Continue ReadingBiden Signs Executive Order Establishing National Crypto Policy Across 6 Key Priorities

SEC Scrutinizing Crypto Exchange Binance US — Chair Gensler Stresses ‘Basic Investor Protection’

The U.S. Securities and Exchange Commission (SEC) is reportedly scrutinizing the U.S. arm of cryptocurrency exchange Binance over trading firms with links to Binance CEO Changpeng Zhao. SEC Chairman Gary…

Continue ReadingSEC Scrutinizing Crypto Exchange Binance US — Chair Gensler Stresses ‘Basic Investor Protection’

First for SEC: Crypto Lending Platform Charged — Blockfi Agrees to Pay $100 Million in Penalties

The U.S. Securities and Exchange Commission (SEC) has charged cryptocurrency lending platform Blockfi in a first-of-its-kind action. The crypto lender has agreed to pay $100 million to settle the charges…

Continue ReadingFirst for SEC: Crypto Lending Platform Charged — Blockfi Agrees to Pay $100 Million in Penalties

SEC Working With CFTC on Crypto Regulation, Says Chairman Gensler

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says the securities regulator is working with the Commodity Futures Trading Commission (CFTC) on crypto regulation. In addition,…

Continue ReadingSEC Working With CFTC on Crypto Regulation, Says Chairman Gensler