SEC Launches Review of Latest Bitcoin ETF Applications

The U.S. Securities and Exchange Commission (SEC) has launched its review of the latest bitcoin exchange-traded-fund (ETF) applications.

• 2023-07-17
• SEC applications Invesco Galaxy U.S. Securities and Exchange Commission Bitcoin Trust

Cryptoverse: Security alert! Altcoins worth $100 billion dropped in hot water

A slew of altcoins - a catch-all for most cryptocurrencies except bitcoin and ether - have been harpooned in lawsuits filed by U.S. regulators against exchanges Binance and Coinbase last week, hammering the prices of the tokens. Over 50 cryptocurrencies worth over $100 billion in total and making up about 10% of the overall market, are now viewed by the SEC watchdog as securities, according to CCData. Whether U.S. courts accept the SEC's classification remains to be seen, but the impacts are a

• 2023-06-13
• SEC

Bitcoin, Ether gain while most top 10 cryptos fall, pressured by SEC lawsuits

Bitcoin and Ether rose but most top 10 cryptos were unable to escape the gravity of the SEC’s lawsuits against Binance and Coinbase.

• 2023-06-08
• SEC Hong Kong the SEC U.S. Securities and Exchange Commission Binance market capitalization Bitcoin

What’s Ahead for Bitcoin and Coinbase as the SEC Cracks Down on the Industry

The leading U.S. financial regulator took aim at two of the largest crypto exchanges this week, charging Binance and Coinbase Global.

• 2023-06-08
• SEC Coinbase price of Bitcoin Bitcoin

Crypto industry reacts to SEC’s lawsuit against Binance

The SEC sued Binance on Monday, amid mounting regulatory scrutiny on the crypto space. Industry experts shared their insights on what this could mean for Binance and how it could drive crypto innovation off the U.S. shore.

• 2023-06-06
• SEC Changpeng Zhao Commodity Futures Trading Commission Binance The SEC Chief Executive Officer

Coinbase Stock Drops After SEC Sues Crypto Exchange

Shares of Coinbase fell 15% in premarket trading Tuesday after the Securities and Exchange Commission sued the crypto company for allegedly violating securities law. The SEC charged Coinbase for operating as an unregistered securities exchange, broker and clearing agency.

• 2023-06-06
• SEC Coinbase unregistered securities exchange premarket trading

Can This SEC Rule Protect Your Crypto or Art Investments From Bankruptcy?

Your broker cannot use the funds in your portfolio. Not legally, at least. While seemingly intuitive, this requirement comes from an SEC regulation known as "the custody rule." It requires that all investment advisors and similarly-situated entities keep client securities … Continue reading → The post Can This SEC Rule Protect Your Crypto or Art Investments From Bankruptcy? appeared first on SmartAsset Blog.

• 2023-05-19
• SEC client assets investment advisor digital assets the SEC cryptocurrency

U.S. SEC Warns Advisers They Need to Know Crypto Before Recommending to Clients

The U.S. Securities and Exchange Commission (SEC) is advising brokers and investment advisers that they need to use heightened scrutiny when it comes to making crypto recommendations to ensure the risky products are in the best interests of their clients, the agency said in a new bulletin.

• 2023-04-21
• SEC digital assets investment advisers the SEC

Everyone Would Be Better Off With Crypto Rules, SEC Commissioner and ‘Crypto Mom’ Says

If regulatory parameters for crypto are spelled out, "people would spend a lot less time thinking about, 'What are the rules?' They'd know," SEC Commissioner Hester Peirce tells Barron's.

• 2023-03-27
• SEC regulatory framework SEC Hester Peirce capital markets regulation enforcement retail investors retail investor

An SEC Watchdog’s Take on Crypto Rules: Everyone Would Be Better Off

If regulatory parameters for crypto are spelled out, "people would spend a lot less time thinking about, 'What are the rules?' They'd know," SEC Commissioner Hester Peirce tells Barron's.

• 2023-03-26
• SEC regulatory framework Hester Peirce capital markets the SEC SEC regulation enforcement retail investors retail investor