What’s Uniting the SEC’s Crypto Cases
Earlier this week, a federal judge asked attorneys with the U.S. Securities and Exchange Commission why – “big picture” – there wasn’t any sort of uniting regulation addressing crypto.
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Earlier this week, a federal judge asked attorneys with the U.S. Securities and Exchange Commission why – “big picture” – there wasn’t any sort of uniting regulation addressing crypto.
PARIS, FRANCE – MAY 24, 2018 : Facebook CEO Mark Zuckerberg in Press conference at VIVA Technology (Vivatech) the world’s rendezvous for startup and leaders. (Shutterstock)
Last summer, the U.S. Securities and Exchange Commission (SEC) sued crypto exchanges Coinbase and Binance, alleging they listed and traded unregistered securities in the form of various cryptocurrencies. This week, the regulator’s legal teams faced the exchanges in court as the companies argued the SEC did not make the case that those cryptos are securities.
(Cheyenne Ligon/CoinDesk)
The toys figured strongly in arguments over securities law, but will the case answer fundamental questions about crypto’s future.
Speaking at Davos, the Cantor Fitzgerald CEO says the stablecoin issuer has the money to back USDT. Maybe it’s time we all started to believe in Tether, despite the “truthers”?
(Alina Grubnyak/Unsplash)
The approval of Bitcoin ETFs last week sets up a potential fight between Bitcoin Maxis and giant Wall Street institutions, says Michael Casey.
After Circle’s SEC filing marking the first step towards a public listing, CoinDesk examined the other firms that might try to go public amid a rebound in crypto markets. High on the list of possibles: Kraken and Ripple.
A response to Politico’s article predicting good times if the ex-POTUS wins re-election.