United States Securities and Exchange Commission Chairman Gary Gensler is scheduled to testify before the U.S. Senate Committee on Banking, Housing, and Urban Affairs in a hearing titled “Oversight of the U.S. Securities and Exchange Commission” on Sept. 15. The transcript of his speech was released in advance. Gensler called securities laws a “gold standard” of capital markets. In his 13-page comprehensive discussion of those markets, crypto markets took up about a page and a half, including footnotes. Per a @BankingGOP aide on @GaryGensler Thursday hearing: “Expect @SenToomey and @BankingGOP…
Tag: SEC
CDC gives nod to Lummis-Gillibrand bill in proposed amicus brief in SEC v. Ripple case
The Chamber of Digital Commerce (CDC) has requested to file an amicus brief in the case of the United States Securities and Exchange Commission v. Ripple Labs and its executives Bradley Garlinghouse and Chris Larsen. Liliya Tessler of the firm Sidley Austin filed a package of documents, including the proposed brief, with the U.S. District Court of the Southern District of New York on Wednesday. The CDC is the world’s largest blockchain and digital asset trade group, with over 200 members that include industry players, investors and law firms. It…
😱 ESTO ES IMPORTANTE | Noticias Criptomonedas (HOY) | Bitcoin | Ethereum | Binance | Cardano
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Los datos de costo de vida de los Estados Unidos ya salieron y son positivos para el mercado, veremos qué podemos esperar, mientras Ethereum por su parte nos va calentando el ambiente. ► Descuentos y Promociones: ✅ Bitget (Mejor Exchange de Futuros): ¡¡4.163$ en Bonos!! 🏆 Binance (300$ + 20% de Descuento): 🔒 Ledger (La Wallet Que Utilizo): ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ¿De qué vamos a hablar hoy? – Ex director de la SEC a favor de las cripto – Japón reducirá impuestos cripto –…
Gary Gensler Asks SEC Staff to Fine-Tune Crypto Compliance — Says ‘Vast Majority Are Securities’ – Regulation Bitcoin News
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, revealed that he has asked staff at the SEC to fine-tune compliance for crypto tokens and intermediaries. He emphasized that the vast majority of crypto tokens are securities. SEC Chairman Gary Gensler on Crypto Regulation Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), talked about crypto regulation and compliance at the Practising Law Institute’s SEC Speaks conference Thursday. Noting that the core principles of the SEC’s statutes apply to all securities markets, including securities…
SEC to address growing crypto issuer filings with specialized offices
In light of the influx of filings from cryptocurrency issuers in the United States, the Securities and Exchange Commission (SEC) decided to set up two new offices this fall to provide specialized support to the seven offices currently responsible for reviewing issuer filings. Under the Division of Corporation Finance’s Disclosure Review Program (DRP), the SEC announced plans to add two offices — an Office of Crypto Assets and an Office of Industrial Applications and Services — purely focused on dealing with crypto assets and industrial applications and services, respectively. Sharing…
US SEC Sets Up Dedicated Office to Review Crypto Filings – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) is setting up a dedicated office to review crypto-related filings. The securities regulator stressed the need to “provide greater and more specialized support” for crypto assets. SEC’s Dedicated Crypto Office The U.S. Securities and Exchange Commission (SEC) announced Friday its plan to establish two new offices to review filings. One is an “Office of Crypto Assets” and the other is an “Office of Industrial Applications and Services,” the regulator said, adding that it expects both to be set up later this fall. The…
MicroStrategy to reinvest $500M stock sales into Bitcoin: SEC filing
MicroStrategy, the largest institutional Bitcoin (BTC) buyer, entered an agreement with two agents — Cowen and Company and BTIG — to sell its aggregated class A common stock worth $500,000,000, reveals Securities and Exchange Commission (SEC) filing. MicroStrategy, co-founded by Bitcoin bull Michael Saylor, amassed approximately 129,699 BTC over several years at an aggregate purchase price of $3.977 billion. Despite market uncertainties, the business analytics software firm continues to pursue its goal of acquiring more BTC by selling company stocks. The filing confirmed: “We intend to use the net proceeds…
Director de cumplimiento de la SEC: “No podemos ignorar los incumplimientos del sector cripto”
El director de cumplimiento de la SEC, Gurbir Grewal, defendió a la agencia de las acusaciones sobre la eliminación de la innovación. Source
SEC Chairman Gensler Wants Disclosures From Crypto Issuers, Lawyer Says
0x Labs Chief Legal Officer, Ashley Ebersole, joined CoinDesk TV’s “All About Bitcoin” to discuss what the SEC could do in order to make platforms more “comfortable,” as the agency calls on crypto exchanges to register. Source
SEC Enforcement Chief Says Agency Can’t Ignore Law-Breaking in Crypto
“To the extent that crypto assets raise unique issues not otherwise addressed in the current rulebook, the commission should consider proposing rules,” said Uyeda, a recent addition to the commission. Uyeda, who once worked on a detail to the Senate Banking Committee’s Republican staff, hasn’t previously been heard on cryptocurrency issues. Source