SEC commissioners slam agency after $750K FlyFish Club NFT settlement - sec, nft

SEC commissioners slam agency after $750K FlyFish Club NFT settlement

SEC commissioners Hester Peirce and Mark Uyeda didn’t believe any US securities laws were triggered and urged the commission to give NFT firms more room to experiment.

Cointelegraph by Brayden Lindrea
Ex-SEC officials to speak at hearing on ‘politicized approach’ to crypto - sec, crypto

Ex-SEC officials to speak at hearing on ‘politicized approach’ to crypto

US House lawmakers will hear from a former SEC commissioner and crypto industry leaders at their “Dazed and Confused” digital assets hearing on Sept. 18.

Cointelegraph by Turner Wright
Kraken denies SEC claims, argues digital assets aren’t securities: Law Decoded - sec, starlink, nft

Kraken denies SEC claims, argues digital assets aren’t securities: Law Decoded

Kraken rejects the SEC’s securities allegations, Brazil lifts the freeze on Starlink’s bank account, the UK clarifies crypto property rights, and Coinbase backs NFT’s legal defense.

Cointelegraph by Josh O'Sullivan
SEC Regrets Confusion Over ‘Crypto Asset Securities’ — Ripple and Coinbase Weigh In - sec

SEC Regrets Confusion Over ‘Crypto Asset Securities’ — Ripple and Coinbase Weigh In

Coinbase and Ripple legal chiefs, Paul Grewal and Stuart Alderoty, have criticized the U.S. Securities and Exchange Commission (SEC) for its inconsistent approach to classifying tokens as securities. Grewal referenced Footnote 6 in the SEC’s amended

Kevin Helms
sec
SEC Leaves Ether Off Securities Column In eToro Case - sec, eth, bch

SEC Leaves Ether Off Securities Column In eToro Case

In its settlement with the SEC, eToro will continue BTC, BCH, and ETH trading. If Ether isn't a security, then what is it?

W. E. Messamore
CFTC Teams Up to Fight Crypto ‘Pig Butchering’ Scams - sec, pig

CFTC Teams Up to Fight Crypto ‘Pig Butchering’ Scams

The Commodity Futures Trading Commission (CFTC) has joined forces with various organizations, including the Securities and Exchange Commission (SEC), to raise awareness about cryptocurrency scams, particularly those tied to fraudulent romantic relati

Teuta
Coinbase CLO Debunks Crucial Misconception In SEC Lawsuit - sec, one, set, paul

Coinbase CLO Debunks Crucial Misconception In SEC Lawsuit

Paul Grewal just set one important Coinbase v. SEC suit fact clear

U.Today
XRP To Hit $3.4: As Ripple Case Is Over, But Fair Notice Still In Play Says Ripple CLO  - sec, clo, xrp, fair

XRP To Hit $3.4: As Ripple Case Is Over, But Fair Notice Still In Play Says Ripple CLO 

The post XRP To Hit $3.4: As Ripple Case Is Over, But Fair Notice Still In Play Says Ripple CLO appeared first on Coinpedia Fintech News The four-year legal battle between Ripple and the SEC has finally ended with a major victory for Ripple. The SEC

Mustafa Mulla
CFTC Teams up With SEC to Fight Cryptocurrency Scams - sec

CFTC Teams up With SEC to Fight Cryptocurrency Scams

The Commodity Futures Trading Commission (CFTC) has partnered with several organizations, including the Securities and Exchange Commission (SEC), to educate the public about cryptocurrency scams, especially those involving fake romantic relationships

Kevin Helms
sec
The SEC ‘regrets confusion’ it may have invited stating some tokens are securities - sec

The SEC ‘regrets confusion’ it may have invited stating some tokens are securities

The US Securities and Exchange Commission (SEC) has filed an amended complaint against Binance in the District of Columbia, introducing procedural updates and legal modifications to its original filing. The amendment, approved this morning, includes

Liam 'Akiba' Wright
sec
SEC backtracks on ‘crypto asset securities’ claim in Binance suit - sec, crypto, changpeng zhao, three

SEC backtracks on ‘crypto asset securities’ claim in Binance suit

In an amended complaint against crypto exchange Binance and former CEO Changpeng Zhao, the U.S. SEC stated it never intended to label cryptocurrencies as securities. While expanding the Binance lawsuit to include three more tokens, the Securities and

Naga Avan-Nomayo
US lawmaker proposes joint CFTC-SEC committee to unify digital asset regulations - sec, house

US lawmaker proposes joint CFTC-SEC committee to unify digital asset regulations

Congressman John Rose has proposed a new bill to streamline digital asset regulations by creating a Joint Advisory Committee co-managed by the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC). The BRIDGE Di

Assad Jafri
Why the Investigation Into Gary Gensler’s Hiring Practices Is Unlikely to Result in Any Action - sec, gary, gensler

Why the Investigation Into Gary Gensler’s Hiring Practices Is Unlikely to Result in Any Action

Republican lawmakers Jim Jordan, Patrick McHenry and James Comer initiated an investigation Tuesday into claims that SEC Chair Gary Gensler has appointed members to the commission on the basis of political affiliations, allegedly in violation of fede

Veronica Irwin
2024 SEC Earnings From Crypto Fines - sec, 2024, crypto

2024 SEC Earnings From Crypto Fines

2024 has turned out to be a record year for the US SEC in its enforcement against cryptocurrency firms. The US regulator has reportedly imposed around $4.7 billion worth of fines on crypto executives and companies this year. Let’s explore more about

Lawrence Mike Woriji
US House Republicans probe SEC’s Gensler on political hiring claims - sec, gensler, three, house

US House Republicans probe SEC’s Gensler on political hiring claims

Three GOP lawmakers asked SEC Chair Gary Gensler to turn over information on his agency’s hiring process, claiming they had found evidence of a political ideology-driven hire.

Cointelegraph by Stephen Katte
Mario Draghi Advocates for US SEC-like Regulator, a Potential Game Changer for EU Capital and Crypto Markets - sec

Mario Draghi Advocates for US SEC-like Regulator, a Potential Game Changer for EU Capital and Crypto Markets

Mario Draghi’s report recommends transforming the EMSA into a unified regulator. ESMA would then become similar to the U.S. SEC. A centralized ESMA could standardize ...

Giuseppe Ciccomascolo
sec
SEC’s crypto industry fines surpass $7.4 billion after massive Terraform penalty: study - sec, labs, 2024

SEC’s crypto industry fines surpass $7.4 billion after massive Terraform penalty: study

Terraform Labs' $4.47 billion fine in 2024 has already helped this year become the record year in terms of total financial penalties.

RT Watson
Nigerian Regulator Threatens Crackdown on Unlicensed Crypto Entities - sec, crypto

Nigerian Regulator Threatens Crackdown on Unlicensed Crypto Entities

The Nigerian Securities and Exchange Commission (SEC) has vowed to crack down on unlicensed cryptocurrency businesses targeting Nigerians. This comes just two weeks after approving two crypto exchanges and promising to consider similar applications.

Terence Zimwara
SEC crypto enforcement hits $4.7B this year, rising 3,000% from 2023 - sec, crypto

SEC crypto enforcement hits $4.7B this year, rising 3,000% from 2023

The SEC is having a record crypto enforcement year, bolstered by a $4.47 billion settlement with Terraform Labs and former CEO Do Kwon.

Cointelegraph by Brayden Lindrea
Record $4.68 billion fines mark SEC’s toughest year on crypto - sec, 2024

Record $4.68 billion fines mark SEC’s toughest year on crypto

The US Securities and Exchange Commission (SEC) imposed $4.68 billion in fines against crypto companies in 2024, marking the most aggressive regulatory year in the agency’s history, according to a report by Social Capital Markets. This brings the tot

Assad Jafri