SEC

Gemini and Genesis Ask U.S. Court to Dismiss SEC Lawsuit Targeting Earn Program
Bankrupt crypto lender Genesis Global Capital and exchange platform Gemini are asking a U.S. court to dismiss a lawsuit by the Securities and Exchange Commission alleging the two sold unregistered securities, court filings from Friday show. Genesis and CoinDesk are owned by the Digital Currency Group (DCG). Separately, a new Bloomberg report takes a closer look at the future of crypto exchange Gemini under the leadership of billionaires Tyler and Cameron Winklevoss.

Gemini and Bankrupt Lender Genesis Ask U.S. Court to Dismiss SEC Lawsuit Targeting Earn Program
The U.S. Securities and Exchange Commission alleged the two entities had sold unregistered securities through Gemini's Earn program.

Ripple President: 'Optimistic' About Hearing From Court on SEC Lawsuit This Year
"We've been fighting on behalf of the whole industry," Ripple President Monica Long said, discussing the ongoing lawsuit with the U.S. Securities and Exchange Commission (SEC). Long also added that Ripple is "optimistic" about hearing from the court this year about the case.

Bitcoin Payments Firm Strike’s Headquarters to Stay in U.S., Despite New El Salvador Office
The company established a headquarters in El Salvador for its global entity as it expanded its app to more than 65 countries last week.

Prometheum Founder on FINRA Approval, State of Crypto Regulation
The Financial Industry Regulatory Authority (FINRA), an industry-funded oversight arm created by the SEC, announced last week that it has given a broker-dealer approval to Prometheum Ember Capital LLC for digital assets securities. Prometheum founder and co-CEO Aaron Kaplan discusses the process of getting the approval and what it means for the current crypto regulatory landscape in the U.S.

Ripple President Addresses SEC Lawsuit, Metaco Acquisition
Ripple President Monica Long joins "First Mover" to discuss the latest developments in the blockchain company's ongoing legal battle against the U.S. Securities and Exchange Commission. Plus, insights on Ripple's acquisition of Swiss-based crypto custody provider Metaco.

U.S. Is 'Losing' the Bitcoin Movement: Cathie Wood
Cathie Wood also referenced last year's dramatic collapse of crypto exchange FTX, saying it "proved the concept" of bitcoin

Come in and Register? These Firms Say They Found an SEC-Friendly Crypto Path
As the industry fights with the U.S. regulator over “impossible” demands, Prometheum Capital and others win approvals to deal in crypto securities.

U.S. Lawmakers Can Get Crypto Regulations Right if They Act Now
Crypto companies are being hamstrung by legislative inaction as much as an ill-advised policy of regulating by enforcement, BitGo CEO Mike Belshe said.

What Are the Stakes in the SEC vs. Ripple Case?
The ongoing legal battle shows the need for comprehensive crypto regulation, Femi Olude, a practicing solicitor and masters of law student, writes.
