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Tag Archives: securities and exchange commission

Pressure Mounts on SEC’s Gensler as US House Lawmakers Request ‘Immediate’ Approval of Spot Bitcoin ETF

Bitcoin ETFs provide an easy way for investors to put their funds into the cryptocurrency market. The crypto industry is rife with anticipation for the Securities and Exchange Commission (SEC) to approve spot Bitcoin exchange-traded fund (ETF) applications. However, the extended clamor may now have the right backing as four members of the House Financial Services Committee – two from each party – have just written a letter to that effect. In the Tuesday letter obtained by Coinspeaker, the...

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Coinbase to Submit New Court Filing Today as Exchange Seeks to Have SEC’s Case ‘Entirely’ Dismissed

CoinspeakerCoinbase to Submit New Court Filing Today as Exchange Seeks to Have SEC’s Case ‘Entirely’ Dismissed Coinbase is now full of confidence as they approach the court and inch closer to a final ruling. Coinbase to Submit New Court Filing Today as Exchange Seeks to Have SEC’s Case ‘Entirely’ Dismissed

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Binance Moves $3 Billion Worth of BTC to New Address

Despite the large amounts being removed, data suggests that Binance remains the exchange with the largest BTC balance. Top crypto exchange Binance has shared its recent move which saw it transfer massive amounts of Bitcoin (BTC) to a new blockchain address. According to the crypto firm, it recently moved at least nine figures worth of BTC but assures users of the safety of their funds. Per Binance, the funds are now safely tucked away in cold storage. Meanwhile, analytic firm...

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SEC Says Crypto Regulatory Clarity May Take Years and They’re in No Rush

The regulator argues that it is under no obligation to meet the requirements outlined in Coinbase’s recent petition. The United States Securities Exchange Commission (SEC) has finally replied to Coinbase’s demand for regulatory clarity. Recall that the American exchange recently filed a petition asking the regulator to make clear crypto regulations. In a formal response issued to the court, the SEC insists that it will take its time to come up with regulations. But while the rules may take...

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Coinbase CEO Says Exchange Would No Longer Exit US amid Regulatory Scrutiny

The SEC served Coinbase with a Wells Notice in March to signal an upcoming enforcement action against the exchange.  The CEO of top American cryptocurrency exchange Coinbase Brian Armstrong has hinted that the exchange will not bow to pressure from the US Securities and Exchange Commission (SEC). Armstrong, who has been openly critical of SEC and its chair Gary Gensler, made more accusations on Monday. In a bare-it-all interview with CNBC on Monday, Armstrong suggested that Gensler leads...

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SEC to Organize Investor Education Events to Create Financial Literacy

US government agencies have been actively encouraging similar ideas associated with financial literacy since 2003 when April was formally appointed the National Financial Capability Month. The United States Securities and Exchange Commission (SEC) has revealed a series of education events focussing on underrepresented communities and others- but indicated that competitors should be educated to practice caution while using crypto. In an April 3rd announcement, the SEC disclosed that it...

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Andy Warhol Artworks to Launch on New Blockchain-based Platform

Each of four Warhol’s prints will be accessible as shares in the form of security tokens. Tokenized versions of some of the artworks of Andy Warhol are set to launch on a new fine platform known as Freeport. This follows after the blockchain-based art-focused platform recently bagged approval from the US Securities and Exchange Commission (SEC).  Freeport was recently looking to complete its Reg A review and its efforts finally paid off on Wednesday. This simply implies that Freeport is...

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