US Senator Focused on Crypto Money Laundering Crackdown — Urges Congress, Regulators to Take Action
U.S. Senator Elizabeth Warren has called on Congress to ensure regulators, such as the Securities and Exchange Commission (SEC), have the tools to regulate the crypto industry effectively and crack down on crypto money laundering activities. “The current legal structure essentially holds up a giant sign over crypto that says, money laundering done here,” the lawmaker stressed. (Bitcoin.com)
U.S. Securities Regulator Probes Investment Advisers Over Crypto Custody
The U.S. Securities and Exchange Commission is probing registered investment advisers over whether they are meeting rules around custody of client crypto assets, three sources with knowledge of the inquiry told Reuters.
SEC Commissioner Calls for 'Consistent Legal Framework' for All Asset Classes, Including Crypto
A commissioner with the U.S. Securities and Exchange Commission (SEC) has called for “a coherent and consistent legal framework that works across all asset classes,” including crypto assets. She warned that the SEC’s current enforcement-centric approach would take 400 years to go through all the crypto tokens that are allegedly securities. (Bitcoin.com)
US Securities Regulator Probes Wall Street over Crypto Custody: Report
The United States Securities and Exchange Commission (SEC) has been probing traditional Wall Street investment advisers that may offer digital asset custody to its clients without the proper qualifications. A Jan. 26 Reuters report citing “three sources with knowledge of the inquiry” said the SEC’s investigation has been going on for several months but accelerated after the collapse of the crypto exchange FTX. The investigations by the SEC have not been known before as the agency’s inquiries are not public, said the sources. (Cointelegraph)
SEC Chair Gary Gensler Says There Are Three Ways to Tell if a Crypto Project Is a Scam
How hard is it to spot a crypto scam? According to SEC Chair Gary Gensler, it’s not nearly as difficult as it might sound.
SEC Rejects Another Spot Bitcoin ETF Bid by ARK and 21Shares
Another day, another refusal by the Securities and Exchange Commission (SEC) to allow a Bitcoin spot ETF to launch in the United States.
SEC Commissioner Reminds Industry Experts “What Crypto Is Really About” As Market Rebounds
Hester Pierce, a commissioner with the Securities and Exchange Commission (SEC) has said that industry players should learn from the bad experience of last year as they plan to shape the future. Speaking at the Duke Conference for Digital Assets, she told team leads to remember the purpose of cryptocurrencies and to carry the community in line.
Mango Markets to Resume Crypto Trading, SEC Be Damned
Developers behind the shuttered decentralized crypto exchange Mango Markets say they’re pushing forward with a relaunch of the project – even as the U.S. Securities and Exchange Commission (SEC) alleges the project’s native token, MNGO, is a security.
“SEC’s Shallow Approach Is Limiting BTC” Grayscale CEO Takes a Swipe at US Regulators
Grayscale Investments CEO Michael Sonnenshein joins the bandwagon of industry players to call out the U.S. Securities and Exchange Commission (SEC) over its regulatory practices in the sector.
Circle Blames US SEC for Failed $9B Spac Deal
Circle, the company behind the USDC stablecoin, has blamed the US Securities and Exchange Commission (SEC) for its failed plans to go public.According to a new report by FT, the regulatory agency failed to sign off on the $9 billion deal.
