SEC: Everything Apart from Bitcoin is a Security
The Chair of the Securities and Exchange Commission (SEC), Gary Gensler, recently revealed that the lack of clear crypto regulations in the United States is causing most digital assets, excluding Bitcoin, to be considered unregistered securities.
SEC Chair Reasserts Every Crypto is a Security Aside From Bitcoin, Lawyers Disagree
Gary Gensler’s recent interview with New York Mag (NYMAG) has ruffled feathers across the crypto industry again.
Will the US SEC Declare Every Other Crypto Assets A Security, Except Bitcoin?
Over the last weekend, there was a strong talk in the crypto circle that SEC Chair Gary Gensler might declare all other cryptocurrencies, except Bitcoin, a security. The U.S. Securities and Exchange Commission (SEC) has been going hammer and tongs after digital assets, especially after the collapse of the crypto exchange FTX. The desire of the SEC to regulate the crypto market has been amplified by manifold times recently. In a story last week, the New York Magazine author Ankush Khardori explains his recent encounter with SEC Chair Gary Gensler. (coingape)
XRP Lawyer Urges This Probe Can Lead to End of US SEC Chair
U.S. Securities and Exchange Commission (SEC) chair, Gary Gensler has been alleged of being biasedly serving several crypto firms and personalities over time. However, the commission has also been held responsible for the recent horrible market crash. These actions have led to increased volatility in the digital asset industry.
SEC Filing May Help South Korean’s Prosecutors’ Do Kwon Case
The US Securities and Exchange Commission (SEC)’s legal filing against Terraform Labs and its CEO Do Kwon “could help South Korean prosecutors’ case against Kwon,” a report has claimed.
SEC’s Coinbase Insider Trading Case Is ‘Backdoor Rulemaking,’ Trade Association’s CEO Says
The Chamber of Digital Commerce is trying to stop a case brought by the U.S. Securities and Exchange Commission (SEC) against a former Coinbase (COIN) employee accused of insider trading. The organization’s founder, Perianne Boring, said if the SEC succeeds, many digital assets could be defined as securities.
Former SEC Chief Warns Against Using Emojis for Investment Advice
Former SEC branch chief Lisa Braganca warned the public against using certain emojis in promotional materials following a court ruling that classified DapperLabs’ use of emojis as investment advice.
Cointime News Wrapup-Afternoon Version: SEC is Not the Appropriate Regulator for Stablecoins—Circle CEO
Afternoon version,US May Consider Alexander Vinnik for Prisoner Exchange With Russia, Lawyer Says
SEC is Not the Appropriate Regulator for Stablecoins: Circle CEO
The United States Securities and Exchange Commission is not the appropriate agency to regulate stablecoins, according to Circle founder and CEO Jeremy Allaire. In an interview with Bloomberg on Feb. 24, the Circle chief executive aired his views on the SEC and its recent moves to clamp down on the crypto industry, including stablecoin issuer Paxos. Allaire appears to have taken issue with the SEC's focus on stablecoins, arguing that dollar-pegged “payment stablecoins” should be under the oversight of a banking regulator, rather than the SEC. (Cointelegraph)
Circle CEO Says Stablecoin Regulation Should Not Be Assigned to US SEC
Circle CEO Jeremy Allaire told Bloomberg on Feb. 23 that the U.S. Securities and Exchange Commission should not be tasked with regulating stablecoins.
