SECs

XRP Lawsuit: SEC's course of action will have this effect

XRP Lawsuit: SEC’s course of action will have this effect

Many investors hoping for a speedy resolution in the SEC vs Ripple Labs lawsuit were disappointed as the court granted the SEC’s request to push the discovery deadline to 14 January 2022. One such disappointed individual was John Deaton – Counsel for Amici Curiae – or “friends of the court” – who was representing thousands of …

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Circle continues to face investigation from SEC's Division of Enforcement, filing states

Circle continues to face investigation from SEC’s Division of Enforcement, filing states

advertisement The Securities and Exchange Commission continues to investigate the stablecoin-focused crypto company Circle, according to a regulatory filing from October 4. As spotted by CoinDesk reporter Danny Nelson, Circle first received what it called an “investigative subpoena” from the SEC’s Division of Enforcement back in July. The subpoena was first disclosed in an S-4 …

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While ARK waits for SEC's ETF approval, Canadian Bitcoin funds come to the rescue

With U.S. SEC’s approval still pending, Ark Invest roots for Bitcoin ETF in Canada

Digital assets manager Ark Invest’s ARK Next Generation Internet ETF has been under approval review for a few months, and the company has now decided to amend it. As per its latest filing with the United States Securities and Exchange Commission (SEC), the Ark fund will now look to invest in Candian Bitcoin ETFs. The …

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SEC can collect unpaid ICO promotion fines from Steven Seagal, says judge

How the SEC’s reported Uniswap Labs investigation could signal a new era of enforcement

The U.S. securities watchdog is reportedly investigating the development firm behind the biggest decentralized cryptocurrency exchange (DEX).  The Wall Street Journal first reported on Friday that the Securities and Exchange Commission (SEC) are conducting a civil investigation into Uniswap Labs. According to WSJ, “people familiar with the matter” say enforcement attorneys are seeking information on …

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DeFi projects could come under SEC's oversight, says chairman Gensler

DeFi projects could come under SEC’s oversight, says chairman Gensler

advertisement Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), has said that the agency could regulate decentralized finance (DeFi) projects. Specifically, DeFi projects that reward participants with valuable tokens or similar incentives could be regulated, no matter how “decentralized” they say they are, Gensler said in an interview with the Wall Street …

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XRP lawsuit update: Ripple opposes SEC's motion to strike citing 'cherry-picked facts'

XRP lawsuit update: Ripple opposes SEC’s motion to strike citing ‘cherry-picked facts’

The SEC v. Ripple battle has prolonged itself for more than five months now, yet there are no signs of it concluding. The lawsuit further unfolded on Thursday after Ripple filed its Memorandum of Law in opposition to SEC’s “lack of due process” and “fair notice” criticism. The regulatory watchdog has also accused Ripple Labs …

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SEC issues no-action letter in response to digital asset securities questions

SEC’s Hester Peirce hopes 2021 will be a ‘turning point’ for crypto regulation in the U.S.

SEC commissioner Hester Peirce remarked during a virtual conference appearance last week that “evidence-based rulemaking is not yet the norm in crypto-regulation” as part of a wider exploration of the topic. Peirce spoke on March 15 during an event organized by the British Blockchain Association. According to a transcript of her speech, Peirce once again …

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