Tag: SEC

SEC doubles down on crypto regulation by expanding unit

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The United States Securities and Exchange Commission (SEC) announced Tuesday that it would nearly double the number of personnel responsible for safeguarding investors in cryptocurrency markets.ย  As per the announcement, the SECโ€™s Cyber Unit, which includes the Crypto Assets and Cyber team, will hire 20 new people for 50 dedicated positions. The SEC stated that the 20 hires would include investigative staff attorneys, trial lawyers and fraud analysts. Chair Gary Gensler praised the appointments as long overdue and essential to overseeing one of Wall Streetโ€™s newest and most popular sectors.…

SEC adds to cryptocurrency regulation staff

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Gary Gensler Simon Dawson | Bloomberg | Getty Images The Securities and Exchange Commission announced Tuesday that it will almost double its staff responsible for protecting investors in cryptocurrency markets. The regulator’s Crypto Assets and Cyber team, a unit of the SEC’s broader Enforcement division, will increase its head count by 20 for a total of 50 dedicated positions. Wall Street’s top law enforcer said that the 20 additions will include investigative staff attorneys, trial lawyers and fraud analysts. Both SEC Chair Gary Gensler and Enforcement Director Gurbir Grewal applauded…

๐Ÿ”ด BULLISH CRYPTO NEWS – Airbnb, Citadel Securities – $1 Billion Cryptocurrency Fund – SEC Ripple XRP

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io In cryptocurrency news today Airbnb CEO says they’re absolutely looking into crypto for payments. Citadel Securities, the largest US retail market maker is getting into crypto. Polkadot founder Gavin Wood donates $5.8 million to Ukraine. Lawmakers have removed the ‘Bitcoin ban’ from latest version of EU’s crypto legislation. Electric Capital has raised $1 billion to place bets on crypto startups. Updates from Fox Business on SEC Ripple XRP lawsuit. ๐Ÿ”ฅ Sign Up with OkCoin ๐Ÿš€ Get the Ledger Nano X to Safely…

SEC, Ripple Agree To Extend Legal Battle Until 2023; XRP Bears The Brunt Of Case

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Executives of Ripple Labs and the US Securities and Exchange Commission have agreed to prolong the timeline of their lawsuit and postpone court proceedings until the end of 2022, implying that their legal standoff would likely last well into next year. Both parties jointly requested the extension in a letter to Judge Sarah Netburn, who has been presiding over the case. Judge Netburn granted approval of the revised schedule. Suggested Reading | Ripple Welcomes More Than 4,000 Artists Into Its New NFT Platform How Case Vs. Ripple Began Between 2013…

SEC Commissioner Peirce, Bitcoin 2022 and more โ€“ Cointelegraph Magazine

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In life, there are times when things are going well in your business affairs but not your personal ones. Other times, the things you are doing and enjoying in your personal life are great but your professional or business matters are suffering. Sometimes, you also donโ€™t realize or understand that the good times you are experiencing will not last forever and may soon end. So, I have always tried to recognize when things are going well, savor and mark the moment, and thank my lucky stars for it. The first…

GBTC premium nears 2022 high as SEC faces call to approve Bitcoin ETF ‘people really want’

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Things are looking up for the United Statesโ€™ largest institutional Bitcoin (BTC) product by asset holdings as pressure mounts on regulators. Data from on-chain monitoring resource Coinglass confirms that as of April 21, the Grayscale Bitcoin Trust (GBTC) is rebounding toward 2022 highs. Grayscale CEO: “‘If’ not ‘when’” for U.S. Bitcoin spot ETF After a problematic year so far, GBTC has benefitted from steadying Bitcoin price action. Bitcoinโ€™s descent from Novemberโ€™s all-time highs added to an already negative โ€œpremiumโ€ on GBTC, meaning that its share price in fact traded at…

Simplify files with SEC for Bitcoin Strategy Risk-Managed Income ETF

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Asset manager Simplify has filed a registration statement with the United States Securities and Exchange Commission to list shares of an exchange-traded fund linked to Bitcoin futures, Treasury securities, and options. In a Wednesday filing, Simplify applied with the SEC for an investment vehicle based on a Bitcoin (BTC) futures strategy, an income strategy, and an option overlay strategy. The Bitcoin Strategy Risk-Managed Income ETF, to be listed under the ticker MAXI on Nasdaq, is a series of exchange-traded funds from the asset management company. The fund will indirectly invest…

GET READY BITCOIN & CRYPTOCURRENCY HOLDERS…

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Is this crypto market bubble about to pop? Let’s discuss the LATEST crypto news for bitcoin, Ripple vs SEC, lower cap altcoins, & MORE! ๐Ÿ’ฐ Top Crypto Analyst Makes SHOCKING Bitcoin Prediction for 2022 | Lengthening Cycles Theory ๐ŸŽธ Gene Simmons REVEALS His 10x Cryptocurrency Portfolio for 2022 (Top 2022 Altcoins) ๐Ÿ“ˆ Raoul Pal Reveals His Top Altcoins to Watch RIGHT NOW Altcoin Daily, the best cryptocurrency news media online! Is ethereum a good investment 2021? What will ethereum be worth in…

Congressmen tell SEC redefining long-standing concepts would be bad for digital ecosystem

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Ranking member of the United States House Financial Services Committee Patrick McHenry and ranking member of the Subcommittee on Investor Protection, Entrepreneurship and Capital Markets Bill Huizenga sent a letter Monday to Securities Exchange Commission (SEC) Chairman Gary Gensler to express their concerns about proposed SEC amendments to the Exchange Act of 1934 that would expand the definition of an exchange and the phrase โ€œas a part of regular business.โ€ The congressmen said the changes could stifle innovation in the digital asset ecosystem. Each said they understand that Communication Protocol…