Cryptocurrency Analysis and News Portal
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has asked SEC staff to collaborate with the Commodity Futures Trading Commission (CFTC) to develop a new plan to regulate cryptocurrency trading platforms. SEC Wants to Work With CFTC on Regulating Crypto Exchanges The chairman of the U.S. Securities and
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“I’ve asked staff to work with the Commodity Futures Trading Commission (CFTC) on how we jointly might address such platforms that might trade both crypto-based security tokens and some commodity tokens,” he said during Monday remarks at an event hosted by the University of Pennsylvania’s law school. Source
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The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says the securities regulator is working with the Commodity Futures Trading Commission (CFTC) on crypto regulation. In addition, he said the SEC is “trying to work with various crypto platforms, exchanges, lending platforms” to ensure investor protection. SEC Chair
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The U.S. Securities and Exchange Commission (SEC) has brought 97 cryptocurrency enforcement actions so far. Furthermore, the securities regulator has imposed approximately $2.35 billion in total monetary penalties against digital asset market participants. 97 Crypto Enforcement Actions Cornerstone Research published a report titled “SEC Cryptocurrency Enforcement: 2021 Update” last week. The report
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Lawyer James Burnham speculates the Supreme Court would likely strike down similar securities rules today, perhaps if a challenge was brought before it by a crypto company, without a congressional mandate. But even if a lawsuit reaches the high court, an agency reprimand would already have required a company to
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The U.S. Securities and Exchange Commission (SEC) is focusing on bringing cryptocurrency exchanges “inside the investor protection remit,” Chairman Gary Gensler has revealed. “If the trading platforms don’t come into the regulated space, it’d be another year of the public being vulnerable,” he stressed. SEC Focusing on Regulating Crypto Exchanges The chairman
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"I've asked staff to look at every way to get these platforms inside the investor protection remit," he said.Jan 20, 2022 at 12:52 p.m. UTCUpdated Jan 20, 2022 at 1:12 p.m. UTCGary Gensler, Chair of the U.S. Securities and Exchange Commission. (Evelyn Hockstein-Pool/Getty Images) Source
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The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has explained how securities laws apply to cryptocurrency tokens as he outlined the commission’s priorities in regulating the crypto space. “Our role at the SEC is to ensure that the public still gets basic protection,” he stressed. SEC Chair
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The U.S. Securities and Exchange Commission (SEC) has added a number of advisers to Chairman Gary Gensler’s executive staff. Among them is Corey Frayer, who advises Gensler on “SEC policymaking and interagency work relating to the oversight of crypto assets.” SEC Has New Adviser for the Oversight of Crypto Assets The U.S.
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According to a source familiar with the Senate Banking Committee, Frayer spearheaded crypto policy for Sen. Brown – who has been outspoken about his concerns about the risks cryptocurrencies could pose to investors, calling blockchain a “shady diffuse network of online funny money” at a hearing in July – and other
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