SEC has no jurisdiction over cryptocurrency, says CFTC commissioner
According to Christopher Giancarlo, former chairman of the Commodity Futures Trading Commission (CFTC), the CFTC is the only U.S. regulatory agency with experience in regulating Bitcoin and cryptocurrency markets and not SEC. The Securities and Exchange Commission (SEC) of the United States has expanded the scope of its oversight of the cryptocurrency industry, but a […]
Ripple gets access to Binance’s records amid SEC securities case
Ongoing litigation between Ripple and the US Securities and Exchange Commission (SEC) took another turn this week when Ripple gained access to Binance internal documents and other companies’ documents. CEO Brad Garlinghouse may have acted outside the scope of the SEC’s jurisdiction, according to the documents, which could be crucial evidence. Judge Sarah Netburn of […]
Victory Capital applies for SEC approval to launch crypto ETF
Victory Capital Management has applied to the Securities and Exchange Commission (SEC) for approval to launch a cryptocurrency ETF, the fund is expected to provide clients with convenient exposure to numerous coins. Victory said it planned to float an exchange-traded fund, or ETF , following the Nasdaq Crypto Index in a Form S-1 registration submitted […]
Ripple-SEC lawsuit requires Binance’s documents
The Ripple Labs and the United States SEC lawsuit now involves major crypto exchange Binance after a recent filing on behalf of Ripple CEO Brad Garlinghouse. Garlinghouse has sought the Southern District Court of New York to receive papers from Binance Holdings Limited that are “relevant to the current issue and not otherwise available.” The […]
Elizabeth Warren Calls Upon SEC to Regulate Crypto Market
While there are crypto advocates such as Sen. Cynthia Lummis, there is also Bitcoin critic US Senator Elizabeth Warren who has written to SEC Chief Gary Gensler to regulate the market and protect people from crypto scams. Senator Elizabeth Warren of Massachusetts, a vocal critic of Bitcoin, has written to Securities and Exchange Commission (SEC) […]