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Ripple’s top lawyer scrutinizes SEC’s courtroom defeats during Gensler tenure

The SEC faces a series of legal challenges, including a recent rebuke from the Fifth Circuit Court, highlighting scrutiny over its regulatory decisions and potential implications for the cryptocurrency market. Recent legal proceedings have prompted commentary from Ripple’s Chief Legal Officer, Stuart Alderoty, regarding the United States Securities and Exchange Commission’s

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SEC’s Gary Gensler advises crypto industry in Bitcoin whitepaper anniversary post

Gary Gensler, Chair of the U.S. Securities and Exchange Commission (SEC), called for compliance from an industry he has frequently tagged as “rife with fraud”. Gensler advised cryptocurrency operators and service providers to stop tricking investors in his message to the digital industry on the Bitcoin white paper’s 15th anniversary.  Rhetoric from

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SEC’s Potential Approval of Bitcoin ETFs Sparks Speculation and Legal Concerns

While the prospect of a Bitcoin ETF is undoubtedly exciting, it is essential to acknowledge the potential challenges and roadblocks that may surface. The crypto community is abuzz with anticipation as the US Securities and Exchange Commission (SEC) considers multiple filings for spot Bitcoin (BTC) Exchange Traded Funds (ETFs). SEC Chair

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SEC’s Gensler discusses $5b gain from enforcement measures, casts doubt on crypto

SEC Chair Gary Gensler’s recent address at the 2023 Securities Enforcement Forum highlighted the agency’s $5 billion enforcement success and provided a critical view on cryptocurrency, sparking vital discussions in the crypto industry. Chairman of the U.S. Securities and Exchange Commission (SEC) Gary Gensler addressed the 2023 Securities Enforcement Forum on

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Gary Gensler teases details of SEC’s $5 billion take from enforcement actions, shades crypto

The United States Securities and Exchange Commission (SEC) chief Gary Gensler’s speech before the 2023 Securities Enforcement Forum shed light on the regulatory body’s enforcement actions that led to $5 billion in judgments and orders. However, Gensler’s dig at the cryptocurrency market became a talking point for the crypto community

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SEC’s Gensler Won’t Say What’s Next With Bitcoin ETFs After Grayscale Loss

U.S. Securities and Exchange Commission Chairman Gary Gensler declined to outline any of the agency’s plans for spot Bitcoin exchange traded funds (ETFs) on Wednesday, though his SEC must now decide how to proceed after the courts demanded it erase its objection to Grayscale Investments’ application. Source

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Coinbase Challenges SEC’s Regulatory Stance on Crypto, Regards It as ‘Insupportable’

Coinbase contends the SEC’s interpretation of what constitutes a security is dangerously broad and insupportable. In the exchange’s view, only assets conferring explicit financial rights or a stake in a business should be considered securities. The popular crypto exchange Coinbase Global Inc (NASDAQ: COIN) is locked in a major legal battle

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Coinbase disputes SEC’s crypto authority in final bid to toss regulator’s suit

The Securities and Exchange Commission overstepped its authority when it classified Coinbase-listed cryptocurrencies as securities, the exchange has argued in its final bid to dismiss a lawsuit by the securities regulator.In an Oct. 24 filing in a New York District Court, Coinbase chastised the SEC claiming its definition for what

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