Securities and Exchange Commission

Securities and Exchange Commission

Policy

The Crypto Industry’s New Favorite Punching Bag – Prometheum – Asks for a Chance

Its SEC-praising co-CEO insists he’s pro-crypto and just needs a little time to prove his company can trade digital assets, even if the token issuers would rather it didn’t.

Prometheum founder and co-CEO Aaron Kaplan went on CoinDesk TV to discuss is Financial Industry Regulatory Authority (FINRA) broker-dealer license approval. (CoinDesk)

Policy

U.S. Judge Rejects Binance.US Complaint Over SEC Press Release

The exchange had complained that regulators made “misleading” public statements about the Binance’s handling of customer funds.

U.S. District Court for the District of Columbia (Jesse Hamilton/CoinDesk)

Opinion

Why Short Sellers May Have a Hard Time Betting Against Tether

Crypto’s most controversial financial instrument enjoys some notable insulation from skeptical bets.

Tether CTO Paolo Ardoino at Paris Blockchain Week on April 14, 2022. There are signs tether (USDT) has become an object of increased short-seller interest as a U.S. regulatory crackdown accelerates. (Bitfinex)

Policy

Ripple, SEC Seem to Agree About Not Taking Hinman Speech Seriously

SEC emails illuminated ex-official Hinman’s 2018 view on ETH, which Ripple’s top lawyer said was used to ‘destroy and disrupt’ U.S. crypto, but this probably won’t steer agency policy.

Frax Ether promises above-average ether staking yields. (ClaudiaWollesen/Pixabay)

Policy

Brazil Appoints Central Bank and Securities Commission as Crypto Market Regulators

The executive branch issued a decree with directives following the approval of a crypto law in December 2022.

(Ingo Rösler/Getty Images)

Policy

U.S. SEC Out-of-Bounds in Dragging DeFi Into Proposed Exchange Rule, Industry Says

The agency’s comment window is closing for its proposal to expand how it defines exchanges, including a major swath of decentralized finance, and the crypto sector is objecting.

SEC

Policy

SEC Crypto Crackdown Adds Urgency for U.S. Lawmakers to Produce Regulatory Framework This Year: JPMorgan

Without a more solid legal framework, cryptocurrency activity will probably continue moving outside the U.S. and into decentralized entities, the report said.

(JamesDeMers/Pixabay)

Policy

Cardano Developer Rejects SEC Claim Its ADA Token Is a Security

“Under no circumstances is ADA a security under U.S. securities laws,” IOG said in a release.

Photo of the SEC logo on a building wall

Policy

SEC’s Gensler Rebuffs Crypto Complaints, Says Gave Ample Warning Heat Was Coming

Gary Gensler, chair of the U.S. Securities and Exchange Commission, delivered a speech explaining his thinking after hammering Coinbase and Binance in back-to-back actions.

U.S. Securities and Exchange Commission Chair Gary Gensler  (Mark Wilson/Getty Images)