SEC and Binance seek compromise on US assets freeze
Binance.US would have to transfer all U.S.-based assets to new wallets but would be allowed to pay its bills under a proposed consent order. Go to Source Powered by WPeMatico
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Binance.US would have to transfer all U.S.-based assets to new wallets but would be allowed to pay its bills under a proposed consent order. Go to Source Powered by WPeMatico
Binance.US has lodged its defense ahead of tomorrow’s hearing on whether it’s funds will be frozen. Go to Source Powered by WPeMatico
The 2018-era Gensler appeared much more lenient towards certain cryptocurrencies, including Ether. Go to Source Powered by WPeMatico
A Supreme Court decision ruled that the U.S. President could not remove commissioners except for “standard of inefficiency, neglect of duty, or malfeasance.” Go to Source Powered by WPeMatico
“U.S. capital markets must be protected from a tyrannical Chairman, including the current one,” Congressman Warren Davis wrote in reference to SEC head Gary Gensler. Go to Source Powered by WPeMatico
The SEC’s charges against Binance and Coinbase could have far-reaching consequences for decentralized finance. Go to Source Powered by WPeMatico
Gensler argued that securities laws helped prevent stock market scams once they were passed in the 1930s and can benefit the crypto market of today. Go to Source Powered by WPeMatico
Years before serving as head of the SEC, Gary Gensler offered up his advisory services to Binance, the exchange’s lawyers allege. Go to Source Powered by WPeMatico
“Every major player has been sued by the SEC except for FTX,” several members of the crypto community have noted. Go to Source Powered by WPeMatico
Memecoins that draw their likeness from Gary Gensler and the SEC have rallied significantly since the regulator sued Binance and Coinbase. Go to Source Powered by WPeMatico