Cryptocurrency Market

  • Market Cap: $2,217,293,444,234.95
  • 24h Vol: $106,874,982,182.97
  • BTC Dominance: 56.03%

SEC

surge-in-digital-asset-investments-following-sec-etf-approvals,-coinshares-reports

Surge in Digital Asset Investments Following SEC ETF Approvals, Coinshares Reports

Digital asset investment products have witnessed significant inflows totaling $2 billion, marking a strong five-week streak that accumulates to $4.3 billion. As reported by Coinshares, this surge aligns with increased trading volumes and shifting monetary policy expectations. Record-Breaking Week for Digital Assets as U.S. Ethereum ETF Approval Sparks $2 Billion Surge Digital asset investment products, […]

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sec-chair-gensler:-spot-ether-etfs-‘will-take-some-time’-to-begin-trading

SEC Chair Gensler: Spot Ether ETFs ‘Will Take Some Time’ to Begin Trading

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has stated that spot ethereum exchange-traded funds (ETFs) “will take some time” to commence trading, highlighting the necessity for a thorough disclosure process. Additionally, Gensler emphasized the lack of proper disclosure provided by crypto exchanges to investors. Spot Ether ETFs ‘Will Take Some Time’ The chairman

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court-strikes-down-sec’s-private-fund-regulation,-citing-overreach

Court Strikes Down SEC’s Private Fund Regulation, Citing Overreach

The U.S. Securities and Exchange Commission (SEC) has lost another court case. On June 5, the 5th U.S. Circuit Court of Appeals overturned the SEC’s Private Fund Adviser rule, which was designed to enhance transparency within the nearly $27 trillion private fund industry. The court found that the SEC had overstepped its statutory limits by

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ripple-president-says-sec-on-‘warpath’-with-crypto-industry

Ripple President Says SEC on ‘Warpath’ With Crypto Industry

The president of Ripple Labs has criticized the U.S. Securities and Exchange Commission (SEC)’s approach to regulating the crypto sector, emphasizing that the regulator is on a “warpath” with the industry. She highlighted the inefficiency of the current approach, stating: “This whole dynamic of setting rules through enforcement … is really unproductive and not getting

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coinbase’s-legal-chief:-sec-is-bent-on-choking-the-digital-asset-industry

Coinbase’s Legal Chief: SEC Is Bent on Choking the Digital Asset Industry

Coinbase’s chief legal officer, Paul Grewal, announced that the crypto exchange has filed a closing brief in the Third Circuit challenging the SEC’s denial of their rulemaking petition. The brief argues that the SEC’s order, which disagrees with claims that SEC rules are unworkable for digital asset firms, lacks reasoned decision-making. Grewal asserts that the

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crypto-voter-backlash:-how-biden’s-veto-may-have-cost-him-the-2024-election

Crypto Voter Backlash: How Biden’s Veto May Have Cost Him the 2024 Election

After a period of intense scrutiny of the cryptocurrency industry, many speculated that the Biden administration had reversed its stance by allowing the U.S. Securities and Exchange Commission (SEC) to approve several spot ethereum exchange-traded funds (ETFs). However, President Joe Biden has vetoed the latest resolution intended to quash the SEC’s crypto asset rules in

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banking-associations-support-resolution-to-overturn-sec’s-controversial-crypto-rules

Banking Associations Support Resolution to Overturn SEC’s Controversial Crypto Rules

The American Bankers Association, Bank Policy Institute, Financial Services Forum, and Securities Industry and Financial Markets Association sent a letter to President Joe Biden on May 31, urging him to sign the resolution passed by Congress to overturn the SEC’s Staff Accounting Bulletin 121 (SAB 121). The letter outlines that SAB 121, issued without regulatory

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coinbase-files-legal-action-against-sec-over-lack-of-regulatory-clarity

Coinbase Files Legal Action Against SEC Over Lack of Regulatory Clarity

On April 24, 2023, Coinbase announced that it had filed an action in federal court requesting the U.S. Securities and Exchange Commission (SEC) to respond to their petition. The petition, submitted in July 2022, requested the commission to propose and adopt rules governing the regulation of digital assets. Coinbase Requests SEC to Respond to Petition

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do-kwon-challenges-sec’s-jurisdiction-in-multibillion-dollar-crypto-securities-fraud-case

Do Kwon Challenges SEC’s Jurisdiction in Multibillion-Dollar Crypto Securities Fraud Case

Attorneys defending the co-founder of Terraform Labs, Do Hyeong Kwon, also known as Do Kwon, have presented their argument that says the U.S. Securities and Exchange Commission (SEC) has no jurisdiction in the matter. The legal team asserts that U.S. law precludes regulators “from using federal securities law to assert jurisdiction over the digital assets

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ether’s-security-status-remains-unclear-as-sec-chair-gensler-fails-to-answer-lawmaker’s-question

Ether’s Security Status Remains Unclear as SEC Chair Gensler Fails to Answer Lawmaker’s Question

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, would not answer a direct question in a congressional hearing about whether ether is a security. While the SEC chair insisted that the law is clear on crypto, Congressman Patrick McHenry argued that the SEC’s regulatory actions say “there’s a great deal of

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