In a recent interview with CNBC, Securities and Exchange Commission (SEC) Chair Gary Gensler reiterated his concerns regarding the crypto industry, emphasizing its alleged association with scams, fraud, and compliance issues within the broader market. Compliance With Securities Laws In Crypto Gensler began by acknowledging that while cryptocurrencies constitute a relatively small segment of the […]
The cryptocurrency industry is abuzz with reports of potential turmoil within the US Securities and Exchange Commission’s (SEC) crypto assets and cyber unit. Senior lawyers are reportedly considering departures, raising questions about leadership and the agency’s approach to regulating the rapidly evolving digital asset landscape. Exodus Or Evolution? Fox Business journalist Charles Gasparino first reported […]
US Securities and Exchange Commission (SEC) Chair Gary Gensler’s recent approval of Bitcoin ETFs has stirred up controversy as he simultaneously voiced criticism and unfounded claims against Bitcoin and the broader crypto industry. In a CNBC interview, Gensler made statements that raised eyebrows among industry participants. Bitcoin ETFs Approval Fails To Shift Genler’s Stance On […]
SEC Chair Gensler Cautions Investors As Bitcoin ETF Launch Looms: Key Details Revealed | Bitcoinist.com
As the crypto community eagerly awaits the SEC’s decision on Bitcoin ETF applications, SEC Chair Gary Gensler has issued a list of considerations for potential investors in the crypto market. Gensler, known for its skeptical stance on cryptocurrencies, aims to remind investors of the risks associated with the industry. The advisory serves as a timely […]
In a year when numerous countries have embraced cryptocurrencies as a means to foster economic growth and innovation, the United States Securities and Exchange Commission (SEC) has faced mounting criticism from the crypto industry. Since assuming the role of SEC Chair in April 2021, Gary Gensler’s tenure has been marked by an aggressive approach towards […]
Coinbase recently made a calculated strategic step to expand into European markets by acquiring a virtual asset service provider (VASP) license from the Financial Markets Authority (AMF) of France. The acquisition of the VASP license from the French regulatory authority establishes Coinbase as an acknowledged and adherent participant in the French financial sector. Based on […]
Crypto Assets Triumph As Commodities, But Face Regulatory “Turf War,” Says US CFTC Chair | Bitcoinist.com
In the ongoing clash between regulatory bodies over the classification and regulation of the crypto industry, CFTC Chair Rostin Behnam has added fuel to the fire by stating that most crypto assets are commodities under existing laws. However, Behnam also acknowledged the existence of a “turf war” between regulatory bodies regarding the oversight of the […]