In a pivotal ruling that resonates throughout the cryptocurrency landscape, a federal court has invalidated the Securities and Exchange Commission’s (SEC) dealer rule, marking a significant challenge to the agency’s regulatory authority. On November 21, the US District Court for the Northern District of Texas found that the SEC indeed exceeded its statutory powers, declaring
Regulation
Gary Gensler’s tenure as the Chairman of the U.S. Securities and Exchange Commission (SEC) has been notable, marked by a fervent engagement with emerging financial technologies and a commitment to investor protection. Announcing his resignation effective January 20, 2025, the day President-elect Donald Trump assumes office, Gensler reflected on the honor of leading a “remarkable
As the landscape of cryptocurrency continues to evolve, the imminent appointment of a Crypto Czar represents a pivotal moment for regulatory frameworks in the United States. Chris Giancarlo, the former chair of the Commodity Futures Trading Commission (CFTC), has emerged as the leading candidate for this new role, often dubbed by many as “Crypto Dad.”
In recent years, the UK has witnessed a remarkable surge in interest surrounding digital assets. This increasing popularity has paved the way for innovative financial instruments that cater to the demands of a modern economy. Among these innovations is the anticipated launch of the GBPA, a stablecoin pegged to the British pound sterling. Developed by
In a significant development for investors affected by the collapse of the cryptocurrency startup BitClave, the U.S. Securities and Exchange Commission (SEC) announced the distribution of $4.6 million to those who participated in its highly-publicized 2017 initial coin offering (ICO). At the peak of the ICO frenzy, BitClave successfully raised an impressive $25.5 million within
Jesse Powell, the influential figure behind the Kraken exchange, has recently expressed his support for Brian Brooks to assume the role of the next Chair of the Securities and Exchange Commission (SEC). In a post shared on November 19, Powell emphasized Brooks’ extensive background not only in cryptocurrency but also in the broader regulatory landscape.
Grayscale Investments has recently taken a significant step in the evolving landscape of cryptocurrency investments by updating its proposals for Bitcoin and Ethereum Covered Call Exchange-Traded Funds (ETFs). Submitted to the U.S. Securities and Exchange Commission (SEC) on November 18, these proposals highlight Grayscale’s intent to offer income-generating investment vehicles that rely on options contracts
In a rapidly evolving digital landscape, the integration of novel technologies into national security paradigms has become increasingly crucial. Major Jason Lowery of the U.S. Space Force embodies this emerging trend, as he has recently applied to serve as a military advisor on the National Security Council (NSC) and the White House Office of Science
As the political landscape transforms with the arrival of President-elect Donald Trump, a significant shift in the enforcement of cryptocurrency regulations appears imminent. During his campaign, Trump made a clear promise to relax the scrutiny on cryptocurrencies, a sentiment echoed by both current and former government lawyers at a recent conference in New York. The
In a era marked by rapid technological advancement, the clash between regulatory bodies and emerging sectors like cryptocurrency has reached a fever pitch. Recently, Tyler Winklevoss, co-founder of the cryptocurrency exchange Gemini and a former Olympic rower, voiced strong criticism of Gary Gensler, the chair of the U.S. Securities and Exchange Commission (SEC). In a
