Coinbase CLO Questions SEC Crypto Asset Security Claims
Coinbase CLO is challenging SEC’s crypto asset security term before a critical House Financial Services Committee hearing. The SEC’s terminology of “crypto asset security,” which is being used more frequently by the regulatory agency, has been challenged by Coinbase and Ripple CLO. His criticism is delivered at a time when the SEC is facing criticism […]
US Lawmakers Criticize SEC Chair Gary Gensler on Airdrop Securities Ruling
A formal letter from US lawmakers questioned SEC Chair Gary Gensler’s classification of crypto airdrops as securities. Two key U.S. lawmakers, House Majority Whip Tom Emmer and House Financial Services Committee Chairman Patrick McHenry, have voiced their concerns about the Securities and Exchange Commission’s (SEC) treatment of airdrops as securities. In a letter sent to […]
Digital Chamber Backs New NFT Legislation Amid Gary Gensler Criticism
Digital Chamber endorses the new NFT Act, which clarifies non-fungible token regulations despite SEC Chair criticism. The introduction of the New Frontiers in Technology Act (NFT Act) by Congressman Timmons has received backing from the Digital Chamber. This is the first time the US Congress has directly addressed the regulatory treatment of non-fungible tokens (NFTs), marking […]
Ex-SEC Officials To Testify at SEC Crypto Hearing
The SEC crypto hearing will include testimony from former US SEC officials who will address concerns regarding the agency’s politicized approach to digital assets. Former high-ranking officials are scheduled to testify in a congressional hearing against the Securities and Exchange Commission (SEC). The SEC crypto hearing, “Dazed and Confused: Breaking Down the SEC’s Politicized Approach […]
Crypto Execs Advocate For Gary Gensler’s Dismissal
The White House hosts a meeting with crypto leaders to address concerns regarding U.S. crypto regulations, emphasizing Gary Gensler’s actions at the SEC. The future of cryptocurrency regulation in the United States was the subject of a discussion between the White House and senior representatives of the crypto industry on Thursday. The event, sponsored by […]