Tag: gary gensler

Nov 23 2022

US Congressman defends decentralization, blames SBF, Gensler, CeFi for FTX collapse

U.S. Congressman Tom Emmer said FTX's collapse was not a crypto failure; instead, it was a failure of centralized finance (CeFi), Sam Bankman-Fried, and SEC's Chairman Gary Gensler in a Nov. 22 Fox Business interview. FTX's collapse is not a crypto failure. It's a failure with CeFi,...

Nov 15 2022

Crypto Community Demands Investigation Into Gensler-FTX Ties

Nov 15 2022 Published at Crypto Briefing under tags  ftx gary gensler news

The crypto community is petitioning U.S. Congress to investigate possible connections between SEC chair Gary Gensler and FTX. Gensler Met With FTX The crypto public is calling for a congressional...

SEC Chair Gary Gensler’s Close Links With Alameda Research Exec

While Sam Bankman-Fried could likely face prosecutor action over usage of customer funds, it appears SEC chair Gary Gensler is closely linked to a top executive at...

Nov 11 2022

US Congressman says SEC’s Gensler allegedly had dubious ties to FTX, promises investigation

Nov 11 2022 Published at CryptoSlate under tags  exchanges ftx gary gensler gensler sbf

U.S. Congressman Tom Emmer said in a tweet that he had received reports that the SEC chairman Gary Gensler was allegedly helping Sam Bankman-Fried and FTX "work on legal loopholes to obtain a regulatory monopoly." Interesting. @GaryGensler runs to the media while reports to my office...

Nov 10 2022

SEC’s Gensler says more investor protection is needed after FTX fiasco

Nov 10 2022 Published at CryptoSlate under tags  ftx gary gensler regulation sec

SEC Chairman Gary Gensler addressed the ongoing market crisis caused by the FTX fallout during an interview on CNBC's Squawk Box. Gensler, who has been pushing for increased regulation and targeting various crypto companies for fraud in the U.S., said the space needed better regulation and better enforcement....

Just In: SEC Chair Gary Gensler Comments On FTX Meltdown, Crypto Crash

Nov 10 2022 Published at Coingape under tags  ftx gary gensler news sam bankman-fried

Gary Gensler FTX Comments: After the fallout of Sam Bankman-Fried's FTX, Gary Gensler spoke on the crypto crash and the way forward. The US...

Oct 25 2022

Sen. Warren Addresses Gary Gensler About Ex Gov. Officials Employed Within Crypto Companies

U.S lawmakers have written to regulatory agencies including the SEC regarding their policy on employees being hired by crypto firms.

Oct 23 2022

CFTC Says Over 20% Of Cases It Handled This Year Involved Crypto

The CFTC (Commodity Futures Trading Commission) and the Securities Exchange Commission (SEC) are two regulating offices in U.S. that have been the subjects of a number of debates as to who should have oversight on the crypto market and the illicit activities that involve cryptocurrencies. It is public knowledge that the SEC wants nothing less than full control in policing virtual assets such...

Oct 17 2022

Regulation Is Coming And Bitcoin Will Benefit

CFTC and SEC regulation for bitcoin is inevitable. While some people are against it, regulatory clarity will help bitcoin adoption and boost the price.This is an opinion editorial by Shane Neagle, the editor-in-chief of "The Tokenist."The continued discussion about the need for a comprehensive U.S. regulatory framework to identify opportunities and risks within the rapidly growing Bitcoin sector has...

Oct 06 2022

SEC staff reportedly unhappy with Gensler over Kim Kardaishan ‘publicity stunt’

Oct 06 2022 Published at CryptoSlate under tags  ethereum max gary gensler regulation sec

The U.S. SEC's enforcement staff are reportedly unhappy with Chairman Gary Gensler over his "publicity stunt" concerning the recent settlement fine paid by Kim Kardashian, Fox Business Network's Charles Gasparino reported on Oct. 5....

Oct 03 2022

Daily Briefing: “Crypto Asset Securities”

Oct 03 2022 Published at Crypto Briefing under tags  gary gensler kim kardashian sec

Kim Kardashian was ordered to pay a fine of $1.26 million, a small fraction of her net worth. SEC Charges Kim Kardashian Today, the SEC announced charges against billionaire socialite...

Sep 30 2022

Ripple Bags Crucial Win In SEC Case; XRP Soars 15% After The Decision

Ripple chief executive officer, Brad Garlinghouse, stated in July that the crypto company will relocate if it loses its legal dispute with the U.S. Securities and Exchange Commission. Well, it looks like Garlinghouse will just have to stay put and not go anywhere. Ripple has just won a major victory against the SEC in court. On Friday, New York judge Analisa Torres decided...

Sep 29 2022

SEC Indicts Hydrogen Technology On Unregistered Securities And Market Manipulation Charges

Summary: The U.S. Securities and Exchange Commission charged Hydrogen and its former chief operating officer, Michael Ross Kane on Wednesday. Charges include the sale of unregistered security tokens and alleged market manipulation. The startup made over $2 million in profits, per the agency's filing. Hydrogen denied the claims and said the agency's case "wholly lacks merit". New York-based startup Hydrogen Technology was charged...

Sep 23 2022

Why Senator Pat Toomey Thinks SEC Chair Gary Gensler Is Wrong About Crypto – Ep. 399

Pat Toomey, U.S. Senator for Pennsylvania, talks about legislation in the crypto industry, how to determine if something is a security, the future of CBDCs, and much more. Show highlights: the structural differences between crypto tokens and securities why Sen. Toomey is demanding crypto legislation why “regulation by enforcement” does not provide clarity how to determine if a token...

Sep 21 2022

Fed Rate Hike: Huge ‘Wrecking Ball’ About To Slam Into Bitcoin, Other Crypto

Sep 21 2022 Published at Bitcoinist.com under tags  bitcoin btcusd crypto crypto news ethereum

The U.S. Fed rate hike mission this year has dealt a heavy blow on Bitcoin, ethereum, other major cryptocurrencies. According to economists, it is meant to drain the system of liquidity, with high-growth tech stocks and cryptocurrencies leading market losses. The broader crypto market is mostly smothered in crimson, with top crypto Bitcoin (BTC) losing its grip on the critical $19,000 handle, and...

Sep 17 2022

Coin Center Chips In: Is A Proof-Of-Stake Ethereum Suddenly A Security?

Not that anyone is asking, but Coin Center inserted itself into the debate at hand. Is the Post-Merge Ethereum a security now? Moving from Proof-Of-Work to Proof-Of-Stake without pausing operation was quite a feat, but it came with a cost. Many things are completely different at this stage, and those new characteristics might put Ethereum in the regulator’s field of vision. Is staking...

Sep 16 2022

After Gary Gensler Ethereum Stance, Prosecutors Unite Over Cryptocurrencies

Sep 16 2022 Published at Coingape under tags  crypto regulations gary gensler news

U.S. Securities and Exchanges Commission chairman Gary Gensler sparked a debate with his new stance on regulating staked crypto assets. Following the successful completion of Ethereum Merge on Thursday, the SEC chief made a comment on assets that are staked. He hinted that assets like Ethereum (ETH) might have to... Read more

Ethereum’s Proof-of-Stake Transition Could Make It a Security, Says Gary Gensler

SEC Chair Gary Gensler said that Ethereum’s switch to Proof-of-Stake could trigger securities laws. Gensler believes that the staking model could make Ethereum pass a key part of the Howey test. Gensler is keen on regulating many crypto tokens under securities laws. United States Securities and Exchange Commission (SEC) Chair Gary Gensler said that Ethereum’s switch to Proof-of- Stake could trigger securities laws. Gensler...

Debate rages over whether Ethereum can be considered a security post-Merge

Less than 24 hours after Ethereum (ETH) completed its transition to proof-of- stake, the crypto community is enmeshed in arguments about whether the asset can now be considered a security or not. SEC chairman statement The Wall Street Journal...

Why SEC Chair Gary Gensler Was Grilled During Senate Crypto Inquiry

Sep 16 2022 Published at Bitcoinist.com under tags  cftc crypto crypto news gary gensler sbc

On Thursday, U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler spoke before the Senate Banking Committee to defend the agency's stance on cryptocurrencies and its efforts to include climate risks in public company reports. Pennsylvania Senator Pat Toomey has criticized the SEC for its lack of a crypto regulatory framework. calling out Gensler for failing to recognize that cryptocurrencies are distinct from...

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