Bitcoin recrossed the $30,000 support threshold this week and hit a 10-month high. Meanwhile, Ethereum’s lShapella upgrade finally went live, allowing validators to unlock...
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The U.S. Securities and Exchange Commission (SEC) has proposed introducing rules to address how investment advisers safeguard client crypto assets. According...
May 27, 2022by Laura Shin
Coy Garrison, former counsel to SEC Commissioner Hester Pierce and partner at Steptoe & Johnson, discusses the role of regulation...
U.S. Securities and Exchange (SEC) Commissioner Hester Pierce reportedly believes that the regulator will not get the outcome it’s looking for in its lawsuit against Ripple over the $XRP token. The SEC’s lawsuit against Ripple and two of its executives alleges they “raised over $1.3 billion through an unregistered, ongoing digital asset securities offering.” It negatively […]
Gary Gensler is back, and guess what? Crypto users might have to brace tighter for what he has in store for them in 2022. Speaking to CNBC earlier last week, the SEC chairman vowed to deal with the crypto “wild west”, stepping up 2021’s regulation efforts through the enactment of laws and scrutiny structures. Gensler […]
The world finally has its first legal DAO, thanks to developments in the state of Wyoming. The American CryptoFED DAO, an organization dedicated to creating a monetary system resilient to fluctuations in value, received notice from the Wyoming Secretary of State’s office that its project had been officially recognized as a DAO in the United […]
Hester Pierce, the Republican SEC commissioner argued against the Securities and Exchange Commission’s (SEC) past decisions of denying permission for Bitcoin ETF. According to Pierce, bitcoin is a constantly and rapidly growing market that the SEC has underestimated for years. Now, with a rising and raging demand for Bitcoin ETF, it is made clear that
The legal brawl between the U.S. Securities and Exchange Commission and Ripple has seen new development, as the agency accuses XRP proponents of spreading false statements regarding its leadership on various social media platforms. This comes as the SEC attempts to dismiss Ripple’s request to depose former SEC officials. SEC Says XRP Holders Are Propagating […]
After trying to consolidate at around $40,000 levels over the last two days, Bitcoin (BTC) is down 4% as of writing this story slipping under $38,500 levels. At press time, the BTC price is training 4.21% down trading at $38,282 with a market cap of $720 billion. Bitcoin comes under pressure as the U.S. Securities