SEC

Policy

Circle Denies Receiving Wells Notice as Rumors of SEC Crusade Engulf Twitter

After a post claiming that Circle, along with multiple other stablecoin issuers, received warnings from the SEC, the company’s CSO spoke out denying the rumor.

Tim FriesFeb 14, 20233 min read

DeFi

DeFi Staking Tokens Rise Following SEC Crackdown on Centralized Staking

If the SEC shuts centralized stakers, this market share would be up for grabs by decentralized platforms like Lido, Rocketpool, and Frax.

Ruholamin HaqshanasFeb 14, 20234 min read

Policy

Paxos Strongly Disagrees With SEC on BUSD, Willing to “Vigorously Litigate”

Paxos recently confirmed it had received a Wells notice from the SEC and stated it is willing to fight the allegation that BUSD is a security.

Tim FriesFeb 13, 20233 min read

Policy

BUSD Issuer Ordered to Stop Minting New Tokens: Report

New York financial regulator has ordered Paxos to stop issuing the dollar-pegged BUSD.

Tim FriesFeb 13, 20233 min read

Policy

Crypto Firms “Generally Not Compliant,” Says SEC’s Gary Gensler

After announcing the SEC’s settlement with Kraken, Gensler expressed his view that most crypto companies are not compliant and that more enforcement actions will come if…

Tim FriesFeb 10, 20234 min read

Policy

Commissioner Peirce Disagrees with SEC’s Latest Crypto Staking Crackdown

SEC’s Hester Peirce decided to speak out against her agency’s aggressive and unfair approach as the crypto markets reeled from regulatory assault.

Tim FriesFeb 9, 20234 min read

Policy

Kraken Cracks Under SEC Pressure, Agrees to Pay $30M

The SEC announced that the cryptocurrency exchange Kraken agreed to shut down staking and pay $30 million.

Tim FriesFeb 9, 20233 min read

Policy

Coinbase CEO Says SEC May Be Moving to Ban Crypto Staking in US

Coinbase’s Brian Armstrong revealed some troubling rumors about what the SEC has in store for crypto staking in the US.

Tim FriesFeb 8, 20233 min read

Policy

Kraken In Advanced Stage of SEC Probe Over Unregistered Securities Offering

The SEC is reportedly in the advanced stages of an investigation into Kraken’s offerings.

Tim FriesFeb 8, 20233 min read

Policy

SEC, CFTC Asked to Wait Until Criminal Case Against SBF Is Resolved

US Prosecutors are reportedly asking the SEC and the CFTC to wait with their charges against SBF until the criminal case is resolved.

Tim FriesFeb 7, 20233 min read

Policy

White House Commends Regulators’ Crypto Efforts, Asks Congress to Do More

In a busy day for legislators and regulators, the White House, the FED, and the SEC all had separate publications pertaining to cryptocurrencies in some way.

Tim FriesJan 27, 20233 min read

Policy

SEC Rejects Ark’s Second Spot BTC ETF Bid After Avoiding Decision in 2022

After postponing the decision in November, the SEC finally announced it is rejecting Ark’s latest bid to launch a spot Bitcoin ETF.

Tim FriesJan 26, 20233 min read