SEC

SEC

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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.

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Richtlinien

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.

Oklahoma's new laws protect Oklahomans’ right to self-custody their crypto and prevent the state and local governments from banning crypto mining (Unsplash)

Videos

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.

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Finanzen

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.

Strike CEO Jack Mallers announcing Strike’s El Salvador headquarters at Bitcoin 2023. (Frederick Munawa)

Videos

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.

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Videos

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.

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Richtlinien

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

Cathie Wood's Ark Invest has purchased more shares of Grayscale Bitcoin Trust. (Danny Nelson/CoinDesk)

Richtlinien

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.

The U.S. Securities and Exchange Commission settled fraud accusations with firms associated with Archblock and the TrueUSD stablecoin. (Jesse Hamilton/CoinDesk)

Meinung

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.

Full Shows – Consensus: Distributed

Meinung

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.

(Ripple Labs)