SEC’s Gensler is loyal to banks, not an impartial regulator — Rep. Tom Emmer
During a hearing on Sept. 27, Emmer hinted that Gary Gensler’s Wall Street background limits his impartiality as an industry regulator. Go to Source
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Gensler testimony – crypto enforcement actions driven by “wide-ranging noncompliance”
SEC chair Gary Gensler is set to highlight a new focus on AI, predictive data analytics and the cryptocurrency sector before the U.S. financial services committee. Go to Source
SEC pushes deadline for ARK 21Shares spot Bitcoin ETF to January
The commission gave itself an additional 60 days to consider the listing of ARK 21Shares’ investment vehicle on the Cboe BZX Exchange, with a final deadline set for Jan. 10. Go to Source
US lawmakers call on SEC chair to approve spot Bitcoin ETFs ‘immediately’
The members of the House Financial Services Committee are expected to question Gary Gensler during a Sept. 27 hearing on SEC oversight. Go to Source
Bitwise amends spot Bitcoin ETF application with new, detailed argumentation
The amendments tackle arguments made by the SEC against the use of the CME BTC futures market for surveillance sharing. Go to Source
SEC raises concerns over Coinbase in objection to Celsius restructuring plan
Coinbase CEO Brian Armstrong and chief legal officer Paul Grewal issued a joint statement questioning the SEC’s reasoning in its Sept. 22 objection. Go to Source
Binance exit aftershock: Can one resignation tip the crypto trust scales?
The announcement of yet another top figure departing Binance coincided with an increased outflow of funds from the crypto platform. But can one executive resignation really have such an impact? Go to Source
MicroStrategy buys $147M worth of Bitcoin, now holds 158K BTC
MicroStrategy bought the latest Bitcoin stash at an average price of $27,053 per BTC, or 9% lower than the average purchase price of its entire BTC purchase. Go to Source
How are crypto firms responding to US regulators’ enforcement actions?
Prometheum was purportedly “purpose-built to comply with federal securities laws” and has avoided lawsuits from the SEC when compared with firms like Binance and Coinbase. Go to Source
Redefining Money: America’s digital currency dilemma
As the United States House Financial Services Committee looks to further impede the introduction of a digital dollar, where does this resistance to a CBDC stem from? Go to Source