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The Latest Breaking News from Gary Gensler

'Big Mistake': Crypto Lawyers Weigh In On SEC Appealing $XRP Ruling In Ripple Lawsuit

The SEC said it will appeal a judge's ruling regarding its lawsuit against Ripple, and the company that holds the most number of $XRP tokens has said it will stand its ground. Did the SEC make the right move, or will its efforts be in vain?

International Business Times

GOP Lawmaker Believes Stalled Crypto Bill FIT21 Can Still Be Passed This Year

Rep. Tom Emmer of Minnesota believes it's still possible for FIT21 to be passed this year, and he also reiterated that someone needs to keep putting SEC Chair Gary Gensler in the hot seat over his hostility toward cryptocurrencies.

International Business Times

Bitcoin Hits $65K – Why Is $BTC Up Today?

Bitcoin has had a rough few weeks following two market bloodbaths last month, but this week has been good for the digital currency, allowing the crypto coin to pass the $65,000-mark late on Thursday.

International Business Times

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Evolving Position Or Damage Control? Gary Gensler Affirms Bitcoin Is Not A Security

The cryptocurrency industry has long been under scrutiny by Gary Gensler, but on Thursday, he affirmed that Bitcoin is a commodity – is he "warming up" to the digital currency?

International Business Times

Crypto Advocate Mark Cuban Eyes Replacing Gary Gensler As SEC Chair

Billionaire and Shark Tank investor Mark Cuban has seen his fair share of huge roles in the corporate world – now he wants a top position at what could be the most contentious agency for the crypto industry.

International Business Times

Key Takeaways From House Grilling Of 'Destructive, Lawless' Gary Gensler

Members of the U.S. House Financial Services Committee on Tuesday criticized SEC Chair Gary Gensler for his leadership that initiated an ongoing three-year crackdown on digital assets.

International Business Times

Lawmaker, Crypto Community Troll Gary Gensler Ahead Of Congress SEC Oversight Hearing

Crypto users are looking forward to Gary Gensler's appearance at a House hearing Tuesday, where a lawmaker has hinted that the SEC chair will ultimately be grilled.

International Business Times

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In First, Harris Vows Support For Digital Assets At NYC Fundraiser: Report

For the first time ever, Kamala Harris has spoken about crypto, saying she will "encourage" digital assets innovation. Is this the beginning of a significant shift, or is she a little too late in the race toward winning crypto voters?

International Business Times

'Dazed And Confused': Key Takeaways From Congress Hearing On SEC's 'Politicized' Approach To Crypto

The Digital Assets Subcommittee of the House Financial Services Committee held a hearing Wednesday to discuss with stakeholders how the SEC has been handling crypto regulation, and many lawmakers expressed concern over the regulator's regulatory approach.

International Business Times

Lawmakers press SEC for crypto airdrop clarity

House members Tom Emmer and Patrick McHenry are demanding answers from SEC Chair Gary Gensler on the regulator's stance over token airdrops amid increasing scrutiny of the SEC's enforcement-first approach toward digital assets.

International Business Times

Big Crypto raises $200M to fight regs

The deep-pocketed cryptocurrency industry seeks to influence regulators and the future of the Democratic Party

Salon

Lawmakers Investigate Crypto Nemesis Gary Gensler For Suspected Hiring Favoritism

Three Republican lawmakers are in hot pursuit of Gary Gensler over the SEC's alleged hiring practices that spell favoritism after email correspondence with a SEC director indicated that he may have been hired due to his political affiliation.

International Business Times

New Bill Could Force Rivals SEC, CFTC To Cooperate For Streamlined Crypto Regulation

A new bill seeks to bring the SEC and CFTC together to discuss ways to streamline crypto regulation. Some crypto users believe the proposed legislation is a good start, but they doubt whether the SEC will actually cooperate.

International Business Times

SEC signals retreat from Ethereum in its latest settlement with crypto platform eToro

The Gensler-led agency is allowing eToro to continue trading services for Ether, along with Bitcoin and Bitcoin Cash.

Fortune

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Fortune

SEC and FINRA make tZero second recipient of special crypto license following controversial Prometheum approval

The approval comes amid calls from the crypto industry for regulatory clarity from the Gensler-led SEC.

International Business Times

'Uncharted Territory': Mixed Reactions After OpenSea CEO Reveals SEC Wells Notice

OpenSea's Devin Finzer said the NFT marketplace received a Wells notice from the SEC, and while many are defending the platform, others said OpenSea brought it upon itself.

International Business Times

Warren 'Planted' Speculation About SEC's Gensler As Treasury Secretary: Blockchain Industry Leader

There is renewed talk about Gary Gensler possibly being considered as Treasury Secretary under a Harris administration, but the latest speculation is that Sen. Elizabeth Warren herself planted the rumor.

International Business Times

Trump Reclaims Polymarket Lead – Will RFK Jr. Join Hands With Ex-President?

Trump is back on top of Polymarket's event contract predicting which presidential candidate will win in November as Harris continues to retain silence over her views on digital assets.

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International Business Times

Gary Gensler As Treasury Secretary? Crypto Community United In Pushback Against Idea

The crypto community has been divided by Polymarket results, and crypto users have been divided by digital coin rivalries, but this time, they are united against the idea of SEC Chair Gary Gensler taking the reins of the Treasury Department should VP Kamala Harris win in November.

International Business Times

'Crypto4Harris': Virtual Town Hall Will Feature Mark Cuban, House Dems

A new advocacy group is organizing the "Crypto4Harris" town hall next week that will feature some crypto figures such as Mark Cuban and some Democratic leaders who have expressed support for digital assets in recent months.

International Business Times

SEC vs Ripple Case Ends With $125M Penalty; Experts Pick Their Winner

A judge has finally put an end to the nearly four-year-long legal fight between the SEC and Ripple, with the latter being ordered to pay $125 million in civil penalties – a figure much lower than the regulator's $2 billion demand.

International Business Times

'Silence Is Complicity': Crypto Reacts To Harris' Tim Walz Choice For Running Mate

The crypto space is abuzz after VP Kamala Harris chose Minnesota Gov. Tim Walz to be her running mate – the big question is, when will the duo share their thoughts about Bitcoin and crypto?

Fortune

Trump says he would fire SEC Chair Gary Gensler on Day One. It's not that easy

The idea of Gensler getting tossed on the first day of a Trump presidency is satisfying for many but, as a law professor explains, it's more complicated than that.

International Business Times

SEC Slams Coinbase's 'Sweeping Demand' For 'Over 3 Million More' Discovery Documents

The SEC continues to refuse to provide the documents Coinbase wants to aid its defense, with the regulator reiterating such discovery efforts would be too burdensome, time consuming, and even "prejudicial."

The Guardian - US

Maga hats, panties and the carnivore diet: my bizarre day at Trump’s Bitcoin 2024 speech

The ex-president and RFK Jr were among the stars of this year’s Bitcoin conference, where there was no line for the women’s bathroom

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