By taking aim at high-profile targets including Coinbase, Justin Sun and Lindsey Lohan, the SEC showed it doesn’t have the resources to effectively police the crypto industry.
SEC Urges Investors to Be Cautious With Crypto Securities
Intern for Gensler? SEC’s college traineeships start at $15 an hour
The SEC is recruiting for college traineeships starting at $15.09 an hour, which is less than the minimum wage in Washington D.C. where the regulator is headquartered.
SEC Chairman Gensler Suggests Again That Proof-of-Stake Tokens Are Securities: Report
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler is doubling down on his opinion that proof-of-stake tokens could meet the definition of securities under the Howey test, thus bringing them under his agency’s regulatory authority.
Signature Bank investigated for money laundering prior to demise: Report
The pro-crypto bank was reportedly under dual investigations to uncover if it was taking proactive measures to stop money laundering.
Biden vows to hold those responsible for SVB, Signature collapse
US President Joe Biden on Twitter said he is “firmly committed” to holding those responsible for the Silicon Valley Bank and Signature Bank collapse “fully accountable.”
Lawmakers should check the SEC’s wartime consigliere with legislation
Securities and Exchange Commission Chairman Gary Gensler has a lot in common with “The Godfather’s” Michael Corleone, according to the Cato Institute’s Jack Solowey and Jennifer Schulp.
Keep Crypto in America
If the SEC is serious about U.S. investor protection, it should want crypto to stay in the U.S., says CoinDesk’s Emily Parker.
SEC Chair Gensler Says Crypto Exchanges May Not Be ‘Qualified Custodians’
Gary Gensler’s Take on Crypto Doesn’t Matter
Crypto lawyers flame Gensler over claims that all crypto are securities
Crypto lawyers weighed in on Gary Gensler’s crypto regulation claims saying the SEC has no legal standing to police the space.
Gary Gensler’s SEC is playing a game, but not the one you think
Gensler has made a show of cracking down on crypto companies that haven’t engaged in actual misconduct. When real fraud is taking place, he’s nowhere to be seen.
Crypto Long & Short: Washington Plays Tennis With Crypto
Glenn Williams Jr. examines what politicians are saying about crypto regulation in Washington, D.C. Then, Jodie Gunzberg, managing director of CoinDesk Indices, talks about the crypto sectors that continue to thrive despite the regulatory crackdown.
FTX poked the bear and the bear is pissed — O’Leary on the crypto crackdown
Kevin O’Leary believes U.S. Senators are “fatigued” and “pissed” at the cryptocurrency industry for having to deal with one blowup after another.
Bitcoin Ordinals Can Lift the Entire Crypto Ecosystem
The arrival of the Ordinals Protocol, which allows for the creation of Bitcoin NFTs, has coincided with a big jump in the price of bitcoin. Add that to the SEC’s exemption of Bitcoin from the label of security, and we see a bullish bitcoin picture emerging.
SEC chair issues warning to celebrities promoting crypto amid latest enforcement action
Gary Gensler said investors in crypto projects “should know why celebrities are making those endorsements,” as Kim Kardashian and Paul Pierce did for EMAX through social media.
Terra lawsuit a ‘roadmap’ to attack other stablecoins: Delphi Labs
Delphi Lab’s general counsel said the SEC was being “more thorough than usual” in its lawsuit against Terraform Labs and its co-founder Do Kwon.
SEC proposes tougher rules as part of its crypto custody crackdown
The new proposals set forth by the Gensler-led SEC seek to “expand the scope” of rules set out by the 2009 Custody Rules.
SEC to target crypto firms operating as ‘qualified custodians’ — Report
If a majority of the five-member SEC panel votes in favor of the draft proposal, it will proceed to the next stage, which will be reviewed by other members of the SEC.
Are stablecoins securities? Well, its not so simple, say lawyers
One lawyer said that while stablecoins are meant to be stable, buyers may possibly profit from a range of arbitrage, hedging, and staking opportunities.