Tag: Securities and Exchange Commission
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 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...
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...
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...
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...
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...
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...
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...
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...