Tag: SEC
SEC Concludes Investigation into ConsenSys, No Legal Action Taken
The U.S. Securities and Exchange Commission (SEC) has concluded its investigation into ConsenSys, a prominent technology incubator company known for products like the MetaMask wallet. The SEC informed ConsenSys' lawyers that it is not...
Spot Ether ETF Approval Expected by September as Society’s Presale Begins in 4 Days
The Securities and Exchange Commission (SEC) chair, Gary Gensler, recently announced that spot Ether ETFs are expected to be fully approved by September. This approval will allow spot Ether ETFs to start trading on...
Gemini Pays $50 Million to New York for Investor Fraud – CoinJournal
Gemini Trust has agreed to pay $50 million to the New York Attorney General Letitia James for defrauding investors in the Gemini Earn program. This money will be used to reimburse more than 230,000...
U.S. Judge Approves $4.5B Settlement between Terraform and SEC.
A settlement agreement involving a $4.5 billion penalty and a ban on trading "crypto asset securities" has been approved by a U.S. District Court judge. The agreement was reached between the Securities and Exchange...
Benefits of Securities Tokenization Acknowledged by SEC Commissioner UyedaBenefits of Securities Tokenization: SEC Commissioner...
SEC Commissioner Uyeda recently highlighted the numerous benefits of securities tokenization, emphasizing the advantages of representing asset rights with digital tokens on a blockchain. He pointed out that this method offers increased security, transparency,...
Former SEC Chairman Jay Clayton to Advise One River Asset Management on Crypto
Clayton will join the company's newly formed Academic and Regulatory Advisory Council along with economist Jon Orszag, and former White House advisor Kevin Hassett.Former U.S. Securities and Exchange Commission (SEC) Chairman Jay Clayton has...