SEC

Do Kwon, Terra Claim SEC Violated Procedure in Ongoing Legal Fight
Terra’s Mirror Protocol, which allows users to trade synthetic stocks and other “mirrored assets,” is at the heart of the battle.

Former CFTC Chair Chris Giancarlo: ‘Money is Too Important to Be Left to the Central Bankers’
“Crypto Dad” and former CFTC Chair Chris Giancarlo discusses the state of stablecoin regulation in the U.S., highlighting a philosophical debate amongst officials regarding the implications of cryptocurrency. Plus, insights into spot ETFs and the SEC’s “regressive” nature under Gary Gensler in the way they execute “regulation by enforcement.”

Coinbase Backs NYSE Arca’s Push for Grayscale Bitcoin Trust Conversion to ETF
In a letter to the U.S. Securities and Exchange Commission (SEC) Tuesday, crypto exchange Coinbase urged the agency to approve NYSE Arca’s application to convert the Grayscale Bitcoin Trust into an exchange-traded fund (ETF). CoinDesk’s Nikhilesh De discusses the potential outcomes and the likelihood of the first U.S. bitcoin spot ETF being approved.

SEC Delays Decision on Grayscale and Bitwise Spot Bitcoin ETFs
The agency is extending its review of two proposals by at least 45 days.

Former Head of Crypto-Skeptical SEC Gets Blowback for Pro-Blockchain Op-Ed
Jay Clayton’s op-ed for The Wall Street Journal attracted some rather disparaging responses from the Twitterverse.

Coinbase Backs NYSE Arca’s Push for Grayscale Bitcoin Trust Conversion to ETF
Coinbase says there’s no “rational basis” for not allowing a spot-based exchange-traded product.

SEC Commissioners Push Back on Chair Gary Gensler’s Regulatory Agenda
In a Monday joint statement, U.S. Securities and Exchange Commission (SEC) Commissioners Hester Peirce, aka “Crypto Mom,” and Elad L. Roisman criticized Chairman Gary Gensler’s latest agenda for failing to include clarification on crypto. “The Hash” panel discusses the regulatory implications for Crypto Mom doubling down on her dissent with the SEC’s leadership.

SEC’s Gensler Says Crypto ‘Fits in Our Broad Remit’: Report
The U.S. regulator also restated his request to crypto exchanges to “come in, work with the SEC.”

Most Influential 2021: Gary Gensler
The new SEC chair is experienced and talks a good game on crypto regulation. But can he deliver the clarity and detail the industry craves?

Terraform Labs CEO on US Crypto Regulation: ‘It’s Not That Interesting’
Amidst a legal battle with the U.S. SEC, CEO of Terraform Labs Do Kwon and a top 10 winner of CoinDesk’s Most Influential 2021, discusses his take on the impact of U.S. crypto regulation on his business operations and the global industry.

