Coinbase CEO Says SEC Wanted All Assets Except Bitcoin Delisted: Report

The regulator reportedly wanted Coinbase to cease trading all cryptocurrencies except Bitcoin prior to its legal action against the exchange.

• 2023-07-31
• Bitcoin The SEC Coinbase SEC Brian Armstrong crypto exchange Gary Gensler

Before suing Coinbase, SEC asked it to trade only in bitcoin -FT

The SEC had accused Coinbase of operating illegally because it failed to register as an exchange. It also alleged that Coinbase traded at least 13 crypto assets that are securities that should have been registered, including tokens such as Solana, Cardano and Polygon.

• 2023-07-31
• Brian Armstrong Coinbase The SEC Gary Gensler SEC cryptocurrencies

This Week on Crypto Twitter: Xi Jinping NFT Delisted from OpenSea

Also, a pair of crypto law experts tweeted their disappointment over recent crypto policy moves in Washington.

• 2023-07-24
• Twitter crypto news Gary Gensler Justin Sun TUSD Analisa Torres Xi Jinping the SEC

GOP Lawmakers Suggest Gensler's SEC Is Gaming News Cycle to Thwart Crypto Legislation

Recent actions by the regulator seem to have been timed to coincide with Congressional grandstanding, Reps. French Hill and Dusty Johnson wrote.

• 2023-07-19
• Dusty Johnson enforcement actions U.S. House of Representatives Gary Gensler SEC House committees French Hill the SEC crypto regulation

Congressman Torres Tells SEC Chairman to End Crypto ‘Crusade’ After Ripple Ruling

The politician says it's time for the SEC to get comfortable with the “Torres Doctrine.”

• 2023-07-19
• Ritchie Torres Ripple Labs Gary Gensler the SEC SEC Chairman SEC digital assets legal battle

Gensler Claims More Crypto Turf in Washington as Dissent Dithers

(Bloomberg) -- Gary Gensler’s Securities and Exchange Commission is filling the crypto regulatory void, and the industry and its backers on Capitol Hill have so far been unable to check him. Most Read from BloombergTurkey Agrees to Back Sweden’s NATO Bid in Boost to AllianceErdogan Just Doomed Turkey's EU MembershipPowell Haunted by Repo Crisis as Fed Aims to Cut Balance SheetPutin Met Wagner’s Prigozhin After Revolt That Shook RussiaMove Over Dubai. This Tiny Emirate Wants to Be the Next Haven

• 2023-07-11
• Bloomberg Gary Gensler Capitol Hill Republicans Maxine Waters GOP lawmakers The SEC US Senate SEC

Brokerage Firm Prometheum Wants to Use Exemption to Trade Crypto

Prometheum’s plan involves the use of an exemption that regulators created 50 years ago to permit trading of shares that were restricted.

• 2023-06-27
• Prometheum CRYPTO Gary Gensler Aaron Kaplan restricted shares SEC

Crypto has a new rescuer: Wall Street

Some of the biggest names in finance are making new bets on digital currencies, helping the industry rally even as it faces rising legal scrutiny.

• 2023-06-25
• Fidelity Investments digital assets Charles Schwab Citadel Securities BlackRock digital currencies Coinbase Deutsche Bank cryptocurrency exchange cryptocurrencies exchange-traded fund Gary Gensler

The SEC’s campaign to define ‘exchange’ should concern every American—even those without ties to crypto

The agency's attempt to stretch the ordinary meaning of the word is yet another unjustified bid to expand its authority.

• 2023-06-18
• communication protocol SEC Alternative Trading Systems exchange initiative industry participants digital asset Gary Gensler

Prometheum: What You Need to Know About the SEC’s Poster Child for Crypto Compliance

Prometheum's co-CEO gave remarks on Capitol Hill that mirrored the SEC's stance. Now industry observers are poring over the startup’s paper trail.

• 2023-06-16
• Prometheum Gary Gensler Aaron Kaplan digital asset SEC