The US Senate has confirmed the nomination of Paul Atkins to head the securities regulator Paul Atkins has officially been confirmed by the US Senate as the next chair of the Securities and Exchange Commission (SEC). The vote, which ended 52-44, mostly followed party lines. Atkins, a former Wall Street consultant with a clear interest
The move is the latest of several made as the agency rethinks its cryptocurrency approach The US Securities and Exchange Commission (SEC) has officially closed its investigation into Coinbase. The news marks a significant shift in the regulatory landscape for the cryptocurrency industry. The SEC’s investigation into https://t.co/pFc4Pz9nFR has been closed with no action being
The securities watchdog continues to review policies that have hindered crypto growth The US Securities and Exchange Commission (SEC) may be preparing to roll back a proposed rule that would have imposed stricter custody requirements on cryptocurrency held by investment advisers. Acting SEC Chair Mark Uyeda indicated that the rule, introduced in early 2023 under
The battle that began almost two years ago was dropped voluntarily The US Securities and Exchange Commission (SEC) has officially dropped its lawsuit against Coinbase, marking the end of a legal battle that began in June 2023. According to court filings from February 27, the SEC voluntarily dismissed all litigation against the cryptocurrency exchange and
The two will take a break for two months amid changes in the US approach to cryptocurrency The US Securities and Exchange Commission (SEC) and Binance have agreed to pause their ongoing legal battle for 60 days, marking a shift in the regulatory approach to cryptocurrency cases. The joint motion, filed yesterday, signals a potential
The decentralized exchange was found to be offering illegal securities Mango Markets, a Solana-based decentralized exchange, has announced it will shut down operations following a prolonged legal battle with the US Securities and Exchange Commission (SEC). Users have been advised to close their positions, with governance-approved changes to the platform set to take effect soon,
Paul Atkins could replace Gary Gensler as chairman of the Securities and Exchange Commission President-elect Donald Trump has nominated Paul Atkins, a known advocate for cryptocurrency, to replace Gary Gensler as the next chair of the US Securities and Exchange Commission (SEC). This is one of the first major moves Trump has made regarding crypto
The move would give the SEC less power to manipulate cryptocurrency initiatives President-elect Donald Trump’s administration is reportedly considering shifting the oversight of cryptocurrency exchanges and spot markets for digital assets classified as commodities to the Commodity Futures Trading Commission (CFTC). This potential regulatory change could mark a significant departure from the current approach led
The states accuse the securities regulator of overstepping its authority on cryptocurrency A total of 18 US states, including Texas, Ohio, and Kentucky, have launched a lawsuit against the Securities and Exchange Commission (SEC) and its chair, Gary Gensler, accusing the agency of overstepping its authority in its regulation of the cryptocurrency industry. The states
The SEC amended its complaint against the cryptocurrency company, which continues to fight back Binance and its former CEO, Changpeng “CZ” Zhao, are pushing back against the US Securities and Exchange Commission (SEC) in an ongoing legal case, challenging new claims that add more tokens to the list of alleged securities violations. On November 4,
The crypto ecosystem has had to constantly fight legal battles against the securities watchdog The Blockchain Association, a key advocacy group for cryptocurrency and blockchain technology, recently reported that the US Securities and Exchange Commission (SEC) has cost the crypto industry at least $426 million in legal defense costs. This hefty price tag, according to
The company asserts that the securities watchdog has no jurisdiction over cryptocurrencies Crypto.com has filed a lawsuit against the US Securities and Exchange Commission (SEC), challenging the agency’s authority over the cryptocurrency market. The legal action follows the platform’s receipt of a Wells notice from the SEC, indicating that the regulator believes tokens traded on
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