Tag: Regulatory oversight
Identifying Memecoins Not Under SEC’s Jurisdiction
In a recent interview with Bloomberg, SEC Commissioner Hester Peirce made a groundbreaking statement regarding the jurisdiction of the U.S. Securities and Exchange Commission (SEC) over memecoins in the crypto market. Peirce, who is...
Silvergate Bank Successfully Resolves Federal Reserve Enforcement Action
Silvergate Bank has successfully resolved a Federal Reserve enforcement action after undergoing liquidation to protect its depositors. The action, which began in May 2023, required the bank to wind down its operations in a...
Title: Mnuchin Blocked Trump’s Bitcoin Ban Attempt in 2020
Former Treasury Secretary Steven Mnuchin played a key role in blocking former President Donald Trump's attempt to ban Bitcoin in 2020. This revelation comes from Mike Brock, the CEO of TBD, a division of...
White House Nominates CFTC Commissioners for FDIC, Treasury Roles
The White House is expected to nominate U.S. Commodity Futures Trading Commission Commissioner Christy Goldsmith Romero as the next Federal Deposit Insurance Corporation (FDIC) chair and Kristin Johnson to a senior Treasury post, media...
