Tag: Securities and Exchange Commission

news-01072024-131904

SEC Sues Silvergate Bank for Misleading Statements on AML Program

The U.S. Securities and Exchange Commission (SEC) recently filed a lawsuit against Silvergate Capital Corporation, the parent company of Silvergate Bank, for allegedly not meeting Bank Secrecy Act/anti-money laundering regulations. The SEC also named...
sec-guidance-memecoins-policy-change-mplications

SEC Guidance: Memecoins Policy Change Implications

In a recent development, the SEC has issued new guidance regarding memecoins, a type of digital asset inspired by internet memes and trends. The implications of this guidance are far-reaching and could signal a...
dentifying-memecoins-not-under-secs-jurisdiction

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...
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Understanding SEC Chair Gary Gensler’s Actions: Insights from Tyler Winklevoss

Former Olympic rower and crypto exchange Gemini co-founder Tyler Winklevoss has strong opinions about SEC Chair Gary Gensler's recent actions. In a post on X, Winklevoss expressed his belief that Gensler's behavior cannot be...
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SEC Investigates Immutable X for Potential Violations – What You Need to Know

Immutable X, a web3 gaming firm, recently made a statement regarding a notice it received from the U.S. Securities and Exchange Commission (SEC) related to the sale of its IMX tokens in 2021. The...
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...
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Crypto Regulation: SEC Chair Gary Gensler’s Views on Cryptocurrency as Currency

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler recently shared his views on cryptocurrency during an event at NYU School of Law in Manhattan. Gensler expressed skepticism about the idea of bitcoin or...
news-19072024-081905

Reassessing SEC’s Allegations Against Binance for Third-Party Tokens

Last week, the U.S. Securities and Exchange Commission (SEC) case against Binance was discussed in a hearing before a federal judge. Binance, Binance.US, and founder Changpeng Zhao are involved in this case. Attorneys for...
news-15062024-090651

Ether ETFs Approval Expected by September: SEC Chair Gensler

During a recent budget hearing, Securities and Exchange Commission Chair Gary Gensler mentioned that final approvals for exchange-traded funds (ETFs) trading Ethereum's ether (ETH) are expected to be completed by this summer. He stated...