Tag: gary gensler

Oct 19 2021

Oct 06 2021

The SEC Will Not Ban Crypto, That Would Be Up To Congress, Says Gary Gensler

The Securities and Exchange Commission’s Chairman, Gary Gensler, told Congress that the SEC will not ban cryptocurrencies. This is a huge relief, even though Gensler then said “that would be up to Congress.” The SEC Chairman is in the middle of quite the press tour, spreading his opinions on crypto around, clarifying his stance. Those opinions...

US will not follow China’s authoritative Crypto Ban, says SEC Chief

Oct 06 2021 Published at Coingape under tags  btcbrl btcbusd btcdai btceur btcgbp

The infamous, anti-crypto SEC Chairman, Gary Gensler reinstated that regardless of the US regulators’ crackdown on crypto, the commission has no plans to ban digital currency like the authoritarian Chinese state. In a House Committee on Financial Services this Tuesday, Gensler noted that SEC efforts are aimed at regulating cryptocurrencies and not banning them. The The post US will not follow China’s authoritative...

Oct 05 2021

SEC extends decision on four potential Bitcoin ETFs to end of 2021

Oct 05 2021 Published at CryptoSlate under tags  bitcoin etf gary gensler regulation sec

Again, US's top Financial regulator, the Securities and Exchange Commission (SEC) has postponed its decision on four Bitcoin Exchange Traded Funds (ETF) applications until at least November citing the need for additional time to decide on whether to accept the proposals or not. This was contained in a recently released...

Oct 01 2021

People Expected a Big SEC Enforcement Action This Week. What Happened?

Oct 01 2021 Published at Unchained Podcast under tags  2021 cftc coinbase crypto defi

Stephen Palley, partner at Anderson Kill, discusses a few hot-button crypto regulatory issues like lending products, whether DeFi protocols fall under the SEC’s purview, and more. Show highlights: why Stephen thinks the SEC and CFTC did not announce more extensive crypto enforcement news this week...

Sep 30 2021

Breaking: SEC Chief Issues Stern Warning Against Crypto Lending Products

Sep 30 2021 Published at Coingape under tags  blockchain news blockfi btcbrl btcbusd btcdai

The US Securities and Exchange Commission (SEC) is tightening its regulatory noose around the crypto market. Gary Gensler the current SEC chief in a recent interview to Financial Times issued a stern warning against crypto lenders claiming any platform offering such services cannot avoid regulations. Gensler said investors in the crypto market deserve the same The post Breaking: SEC Chief Issues Stern Warning...

Sep 28 2021

Just In: CFTC Commissioner Dan Berkovitz Named the New SEC General Counsel

Sep 28 2021 Published at Coingape under tags  bitmex blockchain news cftc fincen gary gensler

Dan Berkovitz, one of the commissioners serving with the United States Commodity Futures Trading Commission (CFTC) has been named as the incoming General Counsel for the Securities and Exchange Commission (SEC). According to the latest press release published by the SEC, Berkovitz’s term will commence on November 1, and he will succeed John Coates in The post Just In: CFTC Commissioner Dan Berkovitz...

Unregulated Crypto Players Have A Stern Warning from SEC Chair Gary Gensler

Sep 28 2021 Published at Coingape under tags  btcbrl btcbusd btcdai btceur btcgbp

SEC Chairman Gary Gensler is certainly not having a good time with the recent boom in the crypto space. The SEC chief issued yet another stern warning to crypto exchanges and firms staying out of the regulatory purview. Thus, he hinted that crypto firms are more likely to succeed if they submit to regulatory rules The post Unregulated Crypto Players Have A Stern...

Sep 24 2021

How SEC Chair Gary Gensler’s Views on Crypto Have Changed Since His MIT Days

Sep 24 2021 Published at Unchained Podcast under tags  2021 cftc coinbase defi gary gensler

Nik De, managing editor for global policy and regulation at CoinDesk, stops by Unconfirmed to discuss the current state of crypto regulation, including recent comments by SEC Chair Gary Gensler on stablecoins and why Coinbase decided to sideline its Lend product. Highlights: Nik’s biggest takeaway from Gary Gensler’s interview with...

Sep 22 2021

Gary Gensler Could Prove to be More Disastrous For Crypto Than Jay Clayton, Here’s Why

Sep 22 2021 Published at Coingape under tags  adabch adabnb adabtc adabusd adaeth

Gary Gensler, the current SEC chief recently gave an interview to Washington Post to talk about cryptocurrencies and regulations. He reiterated his earlier stance on the need for strict investor protection regulations and suggested he is here to clean the crypto market before it "spills." The security debate has also turned quite controversial given the The post Gary Gensler Could Prove to be...

SEC chair Gary Gensler says stablecoins are like ‘casino chips’

Sep 22 2021 Published at CryptoSlate under tags  gary gensler legal regulation stablecoin

In his latest remarks about cryptocurrencies, the United States Securities and Exchange Commission chair, Gary Gensler, has compared stablecoins to instruments for gambling at old-timey casinos. Stablecoins like poker chips This came on Tuesday while Gensler spoke with David Ignatius, a columnist with Washington...

Sep 21 2021

See What SEC Chair Gary Gensler Compared Stablecoins With

Sep 21 2021 Published at Coingape under tags  gary gensler news regulation regulation news sec

Gary Gensler, the Chairman of the United States Securities and Exchange Commission (SEC) has compared stablecoins to the Wild West noting the digital currencies are acting like Poker Chips at the Casino. Speaking in an interview with the Washington Post, Gensler highlighted the impact of digital currencies in pushing new frontiers for the ongoing financial The post See What SEC Chair Gary Gensler...

Coinbase cancels lending product due to SEC threat

Brian Armstrong-led crypto exchange, Coinbase, has abandoned its proposed plans to launch a crypto lending product, which the United Securities and Exchange Commission (SEC) has argued is a violation of its securities law. Coinbase wilts under SEC pressure Coinbase announced in an...

Sep 17 2021

SEC Is Too “Short-Staffed” To Regulate Crypto Properly, Chairman Gary Gensler

SEC boss Gary Gensler has been coming down hard on crypto regulation recently. The chairman has said that the crypto space, especially the decentralized finance (DeFi) space, needs to be properly regulated. Gensler believes that this will help the industry move forward in the long run. Citing that finance is built on trust and regulation would help the crypto space gain the...

Sep 16 2021

Bitcoin Price Heads For Golden Cross

The bitcoin price 50-day moving average is looking to pass its 200-day moving average to the upside.Bitcoin is heading for a golden cross on the daily chart! A golden cross is when the 50-day moving average passes the 200-day moving average to the upside. While the technical indicator is nothing more than a simple indicator of an asset’s momentum and recent price...

Sep 15 2021

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