TL;DR Breakdown Gary Gensler’s nomination as SEC chairman excites many crypto enthusiasts who believe he would bring the needed crypto exposure and experience to the commission. The MIT professor hinted that the commission under his watch would be focused on “investors’ protection.” SEC Chairman says that cryptocurrencies are a catalyst for change. Finally, the Presidential […]
In quite a welcome move for the crypto industry, SEC Chairman nominee Gary Gensler recently responded to questions about blockchain, crypto, and Bitcoin, in a positive manner. Speaking at the nomination hearing, Gensler sounded very much positive about Bitcoin and crypto innovation in general. Speaking before the Senate Banking Committee, Gensler called Bitcoin “a catalyst
Gary Gensler, the Joe Biden nominee for SEC chief is all set to appear before the Senate for the confirmation hearing today. Gensler who earlier headed the CFTC is a known crypto advocate and thus many in the crypto community are hopeful of a positive regulatory approach from the new SEC chief. Excerpt from SEC
NYDIG –a Bitcoin-focused firm providing crypto services to financial institutions, has submitted S-1 documents with the U.S. Securities and Exchange Commission (SEC) for a Bitcoin Exchange-Traded Fund (ETF) as per details on Feb 16. A long list of Bitcoin ETF Applicants They now join a long list of firms, including institutional service providers who haveRead More
Blockchain payments firm Ripple Labs and the U.S Securities and Exchange Commission are unlikely to settle before the trial. In a new filing with a New York court, the two outlined why they believe they each stand a great chance of winning the landmark legal tussle. The two parties submitted the discovery letter to the […]
The lawsuit between Ripple and the Securities and Exchange Commission (SEC) just keeps heating up. Ripple has now put in a request with the agency to view documents determining its decisions to allow both bitcoin and Ethereum to be exempt from securities statuses through what’s known as a “Freedom of Information” request. Ripple: What Makes...