SEC

Despite the CEO's departure and the $4 billion settlement, Binance is still under investigation by the SEC for customer asset control; the court has ordered a conclusion by December 15th. A Wall Street Journal story from November 27…
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In response to comments made by the SEC, Grayscale has updated its ETF prospectus, which might bring it one step closer to approval. The U.S. Securities and Exchange Commission (SEC) received an amended filing from Grayscale on November…
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Tuesday, Republican Senator Cynthia Lummis of Wyoming blasted the SEC for its present stance on cryptocurrency regulation, saying that the regulator often used "ruling by enforcement" to keep prices down. In an X (formerly Twitter)…
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"The crypto markets have seen enormous expansion but also severe misconduct," Gary Gensler believes. There is a lot of talk about the Securities and Exchange Commission (SEC) possibly approving a Bitcoin spot ETF. Today, the SEC gave…
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After the SEC ruled that it must reconsider Grayscale's application to convert its spot bitcoin ETF, the company began communicating with the SEC's Division of Trading and Markets and its Division of Corporation Finance. According to a…
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Clayton stressed the need of introducing policies and legal cases that regulatory bodies feel can stand up to court scrutiny. Brad Garlinghouse, CEO of Ripple, has been vocal in his displeasure with the regulatory stance taken by the…
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Gensler said that the SEC has taken 780 enforcement actions, including 500 individual cases, and paid out $930 million in compensation to affected investors. At the 2023 Securities Enforcement Forum, SEC Chair Gary Gensler discussed the…
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The allegations against Ripple co-founders Brad Garlinghouse and Chris Larsen have been dropped. Ripple and the SEC need to come to terms on how to handle infractions involving the selling of XRP to institutions. Two key Ripple…
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Cathie Wood, CEO of ARK Invest, recently discussed the SEC's Bitcoin expertise in an interview with crypto influencer Natalie Brunell. However, Wood observes that under Gary Gensler's leadership, there is a "disconnect" in the firm. "I…
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The SEC's plan to appeal the recent Ripple win was denied by the court, according to new reports. On October 3, 2023, Judge Analisa Torres handed out her ruling. A delay requested by the SEC was likewise refused as academic. On the…
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