Tag: SEC
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SEC Chair Gary Gensler Warns of Fraud Risks in the Crypto Sector!
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SEC Chair Gary Gensler continues to express concerns about the cryptocurrency sector, cautioning investors about potential fraud and the lack of regulatory oversight.
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Bittrex: SEC Has No Authority Over Crypto!
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Cryptocurrency exchange Bittrex has filed a motion to dismiss in its legal battle with the U.S. Securities and Exchange Commission (SEC). In a recent court filing, Bittrex argues that the SEC only has the authority to regulate cryptocurrencies as securities if Congress explicitly gives the agency that authority.
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World’s Largest Crypto Platform Binance Suspected Of Money Laundering!
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A new chaos is brewing in the crypto world. This time, no less a market participant than the world’s largest crypto exchange Binance is at the centre of it. The U.S. Securities and Exchange Commission (SEC) has taken notice of the crypto exchange and most recently filed a lawsuit.
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Asset Manager Giant BlackRock To Launch Bitcoin Spot ETF!
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Good news for the crypto industry. The world’s largest asset manager BlackRock is planning to launch a bitcoin spot ETF in the US. This is intended to enable investors to invest in cryptocurrency.
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“Get Out Of Crypto Platforms Now!”
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According to John Reed Stark, former SEC division chief, U.S. regulators have just begun the “siege” of crypto platforms. How neutral his statements are, however, needs to be more credible.
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Crypto.com Performs Partial Shutdown In The USA!
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Amid an increasing regulatory crackdown, the United States is experiencing a significant exodus of cryptocurrency companies. Crypto.com recognized the challenging environment and shut down part of its U.S. operations.
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Crypto: Altcoin Prices Went South With Binance Troubles In The US
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Last week, on Twitter, Binance.US announced that they would stop U.S. dollar Fiat payments. The crypto market reacted with substantial price losses but, since then recovered. The pressure from the U.S. Securities and Exchange Commission (SEC) against Binance.US has become so great that as of June 13, U.S. dollar-fiat transactions…
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U.S. Chamber Of Commerce Backs Coinbase And Criticizes SEC!
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The U.S. Chamber of Commerce is backing crypto exchange Coinbase in its legal battle with the SEC, calling the agency’s actions illegal. The U.S. Chamber of Commerce filed an amicus brief on May 9 criticizing the U.S. Securities and Exchange Commission (SEC) in its case against crypto exchange Coinbase.
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“Crypto Is Not A Security,” SEC Chair Gary Gensler Told Students!
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SEC chief Gary Gensler was not always on a crusade against crypto. An old video even shows him claiming that most crypto assets are commodities. The video circulating on Twitter shows Gary Gensler giving a talk as part of a blockchain course at MIT in 2018. At the time, Gensler…
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Congressman Introduces Legislation To Fire Gary Gensler!
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Congressman Warren Davidson, Ohio’s 8th District in Congress, says he is introducing legislation to fire SEC Chairman Gary Gensler. An Executive Director role will replace the Securities and Exchange Commission (SEC) Chairman, and former chairs of the SEC will be ineligible, the Congressman said.