Gary Gensler confirms SEC’s use of AI for financial surveillance
The chair’s comments came in response to a query from Sen. Catherine Cortez Masto during a Senate oversight hearing.
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The chair’s comments came in response to a query from Sen. Catherine Cortez Masto during a Senate oversight hearing.
Ripple Labs built its XRP token on a centralized system. But with legal action against Ripple coming to a close, it could move toward a more open platform.
The crypto community has witnessed plenty of developments regarding the lawsuit between Ripple and the US SEC, price fluctuations of XRP, and major milestones that Shiba Inu reached in the…
Binance said the SEC’s requests are “unduly burdensome” soon after the parties agreed on a joint motion to file confidential information under seal.
According to the popular cryptocurrency analyst Shannon Thorp, the price of Ripple’s native token could blast beyond $500 in the future. She based her bold prediction on a recent report…
Linus Financial, a Nashville-based crypto platform, has settled its dispute with the SEC out of court. Previously, the project offered pooled crypto investment opportunities to its users in exchange for…
Although Ripple scored a partial court victory against the SEC earlier this summer, the battle is far from over, as the agency has formally requested the right to appeal against…
He pointed out that Gensler had requested an urgent appeal while simultaneously asserting that crypto regulations and rules were clear and must be adhered to by the industry.
Emmer intends to introduce an appropriations amendment that will limit the SEC’s utilization of funds for digital asset enforcement until comprehensive rules and regulations are implemented.
The SEC highlighted contradictory conclusions from similar cases, along with other pending decisions as some of the contentious legal issues.