Tag: SEC

news-31102024-235100

Blockchain Association Criticizes SEC Actions Under Gensler for Stifling Growth

The Blockchain Association, a prominent crypto advocacy group, has strongly criticized the enforcement actions taken by the US Securities and Exchange Commission (SEC) under the leadership of Chair Gary Gensler. The association stated that...
news-29102024-171657

Consensys Workforce Reduction Due to SEC’s ‘Abuse Of Power’

Consensys, a key supporter of the Ethereum network, has announced that it will be reducing its workforce by 20%. The company attributes this decision to broader macroeconomic conditions and regulatory uncertainty, particularly pointing fingers...
news-29102024-171550

Coinbase CEO Urges SEC Chief to Apologize for Crypto Crackdown

Coinbase CEO Brian Armstrong has recently spoken out against the SEC's crackdown on crypto firms, urging the agency's next leader to apologize for their actions. In a post on X, Armstrong pointed out the...
news-23102024-040840

Defending Crypto Enforcement Approach: SEC Chair Gensler’s Response

SEC Chair Gary Gensler recently defended the agency's enforcement approach to crypto during an interview, addressing criticism of the SEC's regulatory methods. Despite concerns that the SEC's reliance on enforcement may hinder innovation and...
news-18102024-214253

Crypto.com Challenges SEC in High-Stakes Legal Battle

Last week, there was news about Crypto.com suing the SEC. This might not have seemed like a big deal at first, as cryptocurrency projects are often involved in legal battles with the SEC. However,...
news-16102024-024606

Coinbase Challenges SEC Over ETH Insider Communication – Legal Battle Explained

Coinbase, a major U.S. cryptocurrency exchange, is locked in a legal battle with the Securities and Exchange Commission (SEC) over the agency's refusal to provide key documents related to its internal discussions on whether...
news-15102024-014600

Copper Appoints Former SEC Advisor Amar Kuchinad as New Global CEO

Cryptocurrency custody firm Copper has appointed Amar Kuchinad as its new global CEO, replacing Dmitry Tokarev who will remain as the board's founder director. Kuchinad, who previously worked at Credit Suisse, Goldman Sachs, and...
news-11102024-000650

Gary Gensler Departure Sparks Mixed Reactions

SEC Chair Gary Gensler recently made some bold statements about cryptocurrencies during a speech at NYU School of Law. Known for his cautious approach, Gensler surprised many with his candid remarks. He expressed skepticism...
news-11102024-000611

SEC Sues Cumberland DRW: Legal Action Against Crypto Market Maker

The U.S. Securities and Exchange Commission (SEC) recently filed a lawsuit against Cumberland DRW, accusing the crypto market maker of being an unregistered securities dealer. The SEC claimed that Cumberland was involved in buying...
news-11102024-000502

Ripple Files Notice for Cross-Appeal in Ongoing SEC Clash Over XRP: What You Need...

Ripple Labs has recently filed a cross-appeal in response to the ongoing legal battle with the US Securities and Exchange Commission (SEC) over the XRP token. This comes after the SEC filed its own...