Tag: SEC

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SEC Watchdog Blames Tech Failures for Loss of Gary Gensler’s Texts in 2023

In brief Gensler’s text messages between October 18, 2022 to September 6, 2023 are now lost. A 45-day wipe policy and a rushed reset led...

SEC Blunder Wipes Former Chair Gensler’s Texts from Key Crypto Period

The SEC’s Office of Inspector General (OIG) released a report revealing that nearly a year’s worth of Gensler’s texts were permanently lost due...

SEC Pushes Forward With Sweeping Crypto Rulemaking Plan

The SEC has laid out a packed agenda for the months ahead, and digital assets are getting a lot of attention. Out of...

SEC Report Faults Errors For Loss Of Gensler’s Texts

A Securities and Exchange Commission investigation into missing text messages from former chair Gary Gensler’s phone between October 2022 and September 2023 has...

SEC finally pivots from courtroom battles to rulemaking, offering predictability the market lacked

The Securities and Exchange Commission has set a rulemaking agenda that shifts U.S. crypto oversight toward formal rules, outlining proposals on the...

SEC Reviews Quantum-Safe Roadmap for Digital Assets

A proposal submitted to the US Securities and Exchange Commission’s (SEC) Crypto Assets Task Force warned that quantum computing could shatter the cryptographic...

XRP Army Helped Sway SEC vs Ripple Case, Says Deaton

TL;DR  Judge Torres cited XRP holder affidavits, the amicus brief, and Deaton’s oral argument in the final decision. Ripple’s legal team recognized the XRP community’s...

US Bancorp Relaunches Bitcoin Custody After SEC Rule Reversal Under Trump

US Bancorp has reentered the crypto space by relaunching its digital asset custody services aimed at institutional investment managers. US Bancorp’s reentry follows...

SEC, CFTC-Registered Exchanges Receive Blessing to Facilitate Spot Crypto Trading

In brief The joint statement covers crypto products focused on leverage, margin and financed spot retail commodity transactions. One market observer expects spot crypto assets...

SEC and CFTC pave new regulatory path for US spot crypto markets

U.S. market regulators took a coordinated step to encourage the growth of crypto markets, issuing a joint staff statement on Sept. 2...

U.S. SEC, CFTC Combine Forces to Clear Registered Firms’ Trading of Spot Crypto

Certain crypto assets can change hands with a stamp of approval from both of the U.S. markets regulators, according to a joint statement...
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