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Top Stories This Week Elon Musk threatens Microsoft with lawsuit, claims AI trained on Twitter data Microsoft has been threatened with a lawsuit from Twitter CEO Elon Musk, who claimed the Big Tech firm “illegally” trained its artificial intelligence on
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"Crypto investors should benefit from compliance with the same laws that Rayburn and Roosevelt laid out to protect against fraud, manipulation, front-running, wash sales, and other misconduct," Gensler said. "As Justice Thurgood Marshall put it so well, 'Congress’s purpose in enacting the securities laws was to regulate investments, in whatever
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In a February interview with New York Magazine, Gary Gensler, chairman of the United States Securities and Exchange Commission, said that just about every crypto transaction, with the exception of Bitcoin spot transactions and buying or selling things
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Crypto-friendly Congressman Tom Emmer has slammed U.S. Securities and Exchange Commission (SEC) chair Gary Gensler for his approach to cryptocurrency regulation, labeling him as a “bad faith regulator.”Great interview by @laurashin with @GOPMajorityWhip! Congress is working in their districts this week and next, but expect a VERY busy last 2
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Despite the lack of clarity in the rules, the SEC chairman has reiterated that any attempt to create new laws will unsettle the status quo. Gary Gensler, the Chairman of the United States Securities and Exchange Commission (SEC) has revealed in his latest hearing with the House Appropriations Committee that the
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The United States Securites and Exchange Commission chief Gary Gensler is set to testify before the the House Financial Services Committee for the first time.In an interview, Patrick McHenry, chairman of the Financial Services Committee, confirmed that the SEC chief would have to face Congress' questions over his approach towards
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Recent reports also suggest that the operations of Binance.com and Binance.US are intertwined. This would mean that regulators might exert greater scrutiny in this case. On Sunday, March 5, Wall Street Journal published a report sharing some exclusive details regarding Binance‘s operations and its involvement with regulators. In its
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Crypto exchange Binance sought to hire Gary Gensler as an advisor before he became chairman of the United States Securities and Exchange Commission (SEC), according to a Wall Street Journal report based on messages and documents from 2018 and 2020, as well as interviews with former employees. Gensler was approached by
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Gary Gensler’s Take on Crypto Doesn’t Matter Source
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The question of what constitutes security according to US securities laws remains a very volatile issue in the crypto ecosystem today. When the FTX Derivatives Exchange imploded by filing for bankruptcy last year, Gary Gensler, the Chairman of the United States Securities and Exchange Commission (SEC) was the most blamed regulator
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