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SEC chair hints at no spot Bitcoin ETFs yet, but cites ‘careful consideration’ for future

Gary Gensler reiterated his stance of being technology-neutral, but that he would give “careful consideration” to the concerns Representatives Tom Emmer and Darren Soto raised.

Continue ReadingSEC chair hints at no spot Bitcoin ETFs yet, but cites ‘careful consideration’ for future

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…

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SEC Warns Against Interest-Bearing Crypto Accounts — Says They’re Riskier Than Bank Deposits

The U.S. Securities and Exchange Commission (SEC) has warned investors about the “risks with accounts that pay interest on crypto-asset deposits.” The warning coincides with the first enforcement action the…

Continue ReadingSEC Warns Against Interest-Bearing Crypto Accounts — Says They’re Riskier Than Bank Deposits

Here’s why the SEC keeps rejecting spot Bitcoin ETF applications

Crypto investors still hope that the U.S. Securities and Exchange Commission will approve a spot-based BTC ETF one day, but data shows it has good reason not to.

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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