Crypto Critic Elizabeth Warren Probes Trump’s Meme Coin Venture
Senator Warren and a member of the House commerce panel are pressing for a review of Trump’s effort to make “extraordinary profits off his presidency.”
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Securities and Exchange Commission
Senator Warren and a member of the House commerce panel are pressing for a review of Trump’s effort to make “extraordinary profits off his presidency.”
With the general counsel stepping down, some of the main characters in the crypto industry’s recent clashes with the Securities and Exchange Commission are out.
In another 11th-hour court loss for Chair Gary Gensler’s tenure, judges in a Coinbase case again call the SEC’s crypto position “arbitrary and capricious.”
In what will be his final public speech as head of the derivatives agency, Rostin Benham had a lot to say about digital assets supervision in the U.S.
Another Democratic commissioner on the Securities and Exchange Commission is following Chair Gary Gensler out the door in January, leaving the agency with a Republican majority as it weighs a likely course shift under the new administration of President-elect Donald Trump.
A Texas federal court has rejected the U.S. Securities and Exchange Commission’s recent rule expanding the definition of a securities dealer to include a wider swath of firms — including some in the cryptocurrency sector. This adds a significant legal loss to the crypto legacy of SEC Chair Gary Gensler on the same day he announced his January departure.
After years of legal wrangling with the U.S. securities regulator, President-elect Donald Trump’s win was taken by the crypto industry as a definitive sign that their courtroom shackles and enforcement actions would be thrown off when he takes the oath of office again.
With the crypto-friendly Donald Trump being elected president, industry leaders are now awaiting his first big move, which could be appointing a new chair of the U.S. Securities and Exchange Commission.
Though the long-standing legal battle between Ripple Labs and the Securities and Exchange Commission (SEC) appeared over in August, the … Continue reading
The post Ripple v. SEC case update: November 1, 2024 appeared first on Finbold.
If the company’s case can clear one procedural hurdle, it will have the SEC on its heels in Texas.