US SEC doubles staff in newly renamed Crypto Assets and Cyber Unit
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.”
Latest Gary Gensler News
US President Joe Biden plans to modernize digital currency laws
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.
SEC Chair Gary Gensler: ‘No reason’ to treat digital asset market differently under securities laws
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.
Regulatory crypture: FTX pins ‘light touch’ hopes on CFTC
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.
SEC dismisses 2 more BTC spot ETF applications from NYDIG, Global X
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.
Kurt Wuckert Jr. on Fox Business: Is there a difference between Ethereum and XRP?
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.
BlockFi agrees to settle $100 million penalty to SEC and 32 States
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.
SEC rejects Microstrategy BTC accounting strategy
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 CoinGeek Pulse Episode 72: PayPal explores stablecoin, US tightens regulation, NFT boom continues
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.
SEC latest hire means 2022 will be year of regulations for digital currencies—Who is it?
US SEC Chairman Gary Gensler hired Corey Frayer to oversee “policymaking and interagency work relating to the oversight of crypto assets.”
Cryptocurrency regulation and law enforcement in US during 2021
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.
Sam Bankman-Fried summoned to Congress
Sam Bankman-Fried, the CEO and Founder of FTX exchange, will testify in front of the House Financial Services Committee on December 8.