Tag: SEC

Binance.US to Delist AMP Following SEC Claim That It’s a Security

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BTC Dips Below $23.5K; The Crypto Bear Market Will Test Thailand’s SEC

The largest cryptocurrency by market capitalization was recently at roughly $23,350, down slightly over the previous 24 hours. Bitcoin finished its second consecutive positive week, rising more than 13% from its Monday low, at one point topping $24,500 amid hopeful signs the economy was slowing enough for the U.S. central bank to soon consider scaling back interest rate hikes. For July, bitcoin rose over 23%, while ether soared more than 55% to change hands a little under $1,700. Source

Crypto News: ETH, XRP, SEC, Celsius, Tesla's BTC & More!!

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Ripple’s Counsel Urges US Lawmakers to Urgently Pass ‘Sensible’ Crypto Legislation Amid SEC Lawsuit Over XRP – Regulation Bitcoin News

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Ripple’s general counsel has urged U.S. lawmakers to pass “sensible crypto legislation” amid a Securities and Exchange Commission (SEC) lawsuit over the sale of xrp. “Rather than providing regulatory clarity through rulemaking, the SEC is bullying crypto markets by filing unproven allegations masquerading as regulation,” he opined. Ripple’s Counsel Calls for ‘Sensible’ Crypto Regulation Stuart Alderoty, general counsel for Ripple, stressed the importance of sensible cryptocurrency legislation in an opinion piece published Wednesday. Referencing a House Financial Services Subcommittee hearing on Investor Protection where Congressman Brad Sherman (D-CA) pushed the…

SEC Chairman Publishes Video Outlining Plan to Regulate Crypto Trading Platforms – Regulation Bitcoin News

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The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has published a video explaining how the agency plans to regulate crypto exchanges. “I’ve asked our staff to work directly with the platforms to get them registered and regulated,” the SEC chief revealed. SEC Chairman Gary Gensler’s Video About Regulating Crypto Exchanges U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler published a video Thursday explaining how the securities watchdog plans to regulate crypto exchanges and provide investor protection. Gensler explained in the video the similarities and differences…

Pat Toomey blames the SEC for crypto ending platform crisis

According to Senator Pat Tomey, famous for his vocal support for the crypto industry, the United States Securities and Exchange Commission (SEC) could have prevented the loss of $12 billion in assets by investors who trusted Celsius, a crypto lending platform, that froze their deposits in June. An official letter from Toomey to SEC Chairman Gary Gensler, dated by July 26, suggested that the Commission’s inability to clarify how it would apply existing securities laws to digital assets and services, drew to undesirable repercussions. As Toomey writes: “Companies could have…

Pat Toomey blames the SEC for crypto lending platform crisis

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According to Senator Pat Tomey, famous for his vocal support for the crypto industry, the United States Securities and Exchange Commission (SEC) could have prevented the loss of $12 billion in assets by investors who trusted Celsius, a crypto lending platform, that froze their deposits in June. An official letter from Toomey to SEC Chairman Gary Gensler, dated by July 26, suggested that the Commission’s inability to clarify how it would apply existing securities laws to digital assets and services, drew to undesirable repercussions. As Toomey writes: “Companies could have…

SEC INVESTIGATES COINBASE | BITCOIN DROPS DUE TO RECESSION FEARS

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Today let’s talk about SEC’s investigation probe into Coinbase. Also, let’s talk about recession fears and how the current administration is downplaying them. Also Bitcoin and Crypto news. 📊Buy Bitcoin & Crypto w/Bitget (No KYC and up to $8000 Bonus) 🟪Buy Bitcoin & Crypto with IRA/401k w/ItrustCapital ($100 Bonus) 💳Get a Bitcoin Reward Credit Card (1.5% Back in BTC): 📈Buy Stocks, ETFs, Options w/ MooMoo (Earn 10 Free Stocks up to $2500) 🚧Buy Crypto Domain Names w/ Unstoppable Domains: 🚨Protect Yourself with…

Ripple CEO Discusses Potential Outcomes of SEC Lawsuit Over XRP – Regulation Bitcoin News

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Ripple’s chief executive has shared his views on possible outcomes of the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) over the sale of xrp, which the regulator claims to be an unregistered securities offering. Ripple’s CEO Discusses Implications of SEC Winning the Lawsuit Ripple CEO Brad Garlinghouse discussed the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) over XRP earlier this month in an interview with Axios at the Collision 2022 event. The SEC sued Ripple Labs, Garlinghouse, and co-founder Chris Larsen in December 2020,…

Coinbase SEC investigation could have ‘serious and chilling’ effects: Lawyer

An investigation reportedly launched by the Securities and Exchange Commission (SEC) into Coinbase’s alleged trading of unregistered securities could have a “serious and chilling effect” on crypto exchanges and token projects, according to a legal expert.  Michael Bacina, an Australian digital assets lawyer with Piper Alderman told Cryptox that the impact on exchanges and projects may occur whether or not the tokens are ultimately found to be securities.  “Given many of the tokens the SEC has called securities in their insider trading prosecution are listed and trading on Coinbase and…