Jim Cramer Asks SEC Chair If There Will Be A BONK ETF
Gary Gensler – chairman of the US Securities and Exchange Commission (SEC) – sat down with CNBC’s Mad Money host Jim Cramer on Wednesday to discuss the regulator’s Bitcoin and…
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SEC Commissioner Advocates for Withdrawal of SAB 121 — Says Biden’s Veto Was Unfortunate
U.S. Securities and Exchange Commission (SEC) Commissioner Mark Uyeda advocates for the withdrawal of Staff Accounting Bulletin 121 (SAB 121), which sets guidelines for accounting crypto liabilities. He argues that…
SEC Closing Salt Lake Regional Office After Failed Legal Battle Against Crypto Firm
The U.S. Securities and Exchange Commission (SEC) has announced the closure of its Salt Lake Regional Office (SLRO) due to attrition and a focus on organizational efficiency. This move will…
Here’s How Much Institutions Can Pour in Spot Ethereum ETFs Initially (Report)
Traders’ positions reveal a moderate degree of excitement surrounding spot Ethereum ETFs. Despite a relatively uneventful week, the anticipated arrival of these funds is expected to mirror the explosive path…
Upcoming House budget bill could restrict SEC’s funding for SAB 121
The House Appropriation budget may prevent the SEC from enforcing SAB 121, with a policy rider blocking fund use for the rule. The post Upcoming House budget bill could restrict…
SEC to shut down Salt Lake Regional Office following DEBT Box sanctions fiasco
The SEC's Salt Lake office is set to close after a judge's order the agency to pay $1.8 million due to a lawsuit against DEBT Box. The post SEC to…
Ripple Escalates Pro-Crypto Advocacy with $25M Fairshake Fund
Ripple has contributed $25 million to the Fairshake super PAC, aligning with an industry-wide effort to advocate for pro-crypto policies and politicians. Ripple’s decision to boost Fairshake’s efforts comes amid…
Coinbase’s Legal Chief: SEC Is Bent on Choking the Digital Asset Industry
Coinbase’s chief legal officer, Paul Grewal, announced that the crypto exchange has filed a closing brief in the Third Circuit challenging the SEC’s denial of their rulemaking petition. The brief…
Crypto Voter Backlash: How Biden’s Veto May Have Cost Him the 2024 Election
After a period of intense scrutiny of the cryptocurrency industry, many speculated that the Biden administration had reversed its stance by allowing the U.S. Securities and Exchange Commission (SEC) to…
Banking Associations Support Resolution to Overturn SEC’s Controversial Crypto Rules
The American Bankers Association, Bank Policy Institute, Financial Services Forum, and Securities Industry and Financial Markets Association sent a letter to President Joe Biden on May 31, urging him to…
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