In his testimony before the U.S. Congress, Chairman Gary Gensler cited the need to provide more protection for investors as a justification for the bump in the SEC's budget for the fiscal year 2023.
The securities regulator renamed the unit to reflect its focus on the industry, with Chair Gary Gensler saying it’s now “better equipped to police wrongdoing in the crypto markets.”
The White House refers to these plans as its strategy to "modernize rules for digital assets," and they are expecting their efforts to rake in $4.9 billion in revenue by 2023.
The thrust of SEC Chair Gary Gensler’s address may be already self-evident to many: that current laws already apply to digital assets regardless of how novel the technology may be.
Controversial “crypto” exchange FTX hopes the CFTC will vanquish the SEC in the regulatory turf war over which branch of the U.S. government gets primary oversight of digital assets.
The U.S. securities regulator hasn’t changed its mind about BTC spot ETFs and insisted that the underlying market is still prone to fraud and price manipulation in its rejection.
CoinGeek’s Chief Bitcoin Historian Kurt Wuckert Jr. joined Fox Business this week to discuss whether there’s a difference between Ethereum and XRP and his views about the platforms.
The U.S. securities regulator announced that BlockFi had agreed to pay the penalties and “pursue registration” of its lending product paying an initial $50M penalty to the regulator and a further $50M to 32 states.
The U.S. Securities and Exchange Commission, headed by Gary Gensler, has objected to MicroStrategy’s adjustment for Bitcoin impairment charges using non-GAAP measures.
The NFT music platform for independent artists Jamify launched this week; Founder Frames Jenco explained his motivation for building this unique platform on top of BSV.
US SEC Chairman Gary Gensler hired Corey Frayer to oversee “policymaking and interagency work relating to the oversight of crypto assets.”
2021 has heard a lot of talks about Bitcoin crackdown, but not much action was taken. Instead, regulators have laid more groundwork for regulation and law enforcement in the sector.
