Blockchain Association calls for SEC leadership shift amid ‘shameful’ FDIC reveal: Law Decoded
The Blockchain Association and Coinbase spotlight SEC and FDIC actions, revealing significant financial burdens on crypto firms. Go to Source
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Immutable Hit With Wells Notice as SEC Extends ‘Overreach’ to Web3 Gaming
Web3 gaming company Immutable faces a potential lawsuit from the SEC over its IMX token sale. Regulation by Enforcement Web3 gaming company Immutable announced on Nov. 1 that it had been issued a Wells notice by the U.S. Securities and Exchange Commission (SEC). The notice alleges, but does not specify, violations of securities laws and … Read more
21shares files Form S-1 with SEC for spot XRP ETF
The asset manager became the third firm to apply for listing and trading shares of a spot XRP ETF, following Canary Capital and Bitwise. Go to Source
Immutable pledges to fight after SEC ‘sprayed and prayed’ Wells notice
Blockchain gaming platform Immutable says it received a Wells notice from the SEC over alleged securities law violations within “hours” of its first interaction with the regulator. Go to Source
SEC cost crypto firms $426M under Gensler — Blockchain Association
The advocacy group called for crypto voters to support a change in leadership at the SEC, given Gary Gensler’s “regulation by enforcement” approach since 2021. Go to Source
Ethereum price rally to $3K depends on a few key factors
If the Ethereum network makes a few critical adjustments, ETH price could sustainably rally to $3,000 and above. Go to Source
Crypto titans back clothing firm’s suit against SEC’s ‘unwritten’ rules
Coinbase, a16z, Multicoin Capital, and Paradigm have filed an amicus brief supporting Beba LLC and DeFi Education Fund’s preemptive lawsuit against the SEC. Go to Source
Coinbase CEO to New SEC Chair: Apologize to the American People and Drop ‘Frivolous’ Cases
Coinbase’s CEO calls on the next SEC chairman to drop “frivolous cases” and apologize to the American people for past actions, citing inconsistent crypto regulations. ‘Withdraw Cases, Apologize’: Coinbase CEO’s Challenge to Future SEC Leadership Coinbase CEO Brian Armstrong criticized the U.S. Securities and Exchange Commission (SEC) for its handling of crypto regulation in a … Read more
Reddit offloads most of its Bitcoin, Ether holdings
The bulk of Reddit’s cryptocurrency sales came from Bitcoin and Ether holdings, with the company reporting that gains from transactions were insignificant. Go to Source
SEC Chair Doubles Down on Regulation by Enforcement as Political Pressures Mount
SEC Chair Gary Gensler, facing bipartisan pressure and Trump’s vow to remove him, defended the agency’s regulation by enforcement. SEC Chair Stands Firm: ‘We’re Going to Continue to Do That Which We Do Well’ U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has reaffirmed his regulatory approach despite calls for his dismissal and former … Read more
