New bipartisan crypto bill would “create a federal regulatory framework.” Sens. Cynthia Lummis (R–Wyo.) and Kirsten Gillibrand (D–N.Y.) have introduced a proposal to regulate cryptocurrency, called the “Responsible Financial Innovation Act.” It’s…
Tag: SEC
Gary Gensler's SEC Cracks Down on Coinbase and Binance
On Tuesday, the Securities and Exchange Commission (SEC), headed by Gary Gensler, sued crypto exchange Coinbase for not registering as a securities broker. The day prior, the SEC filed charges against Binance…
SEC Sues Crypto Exchange Bittrex Shortly After It Announces It's Leaving U.S. Markets
At the end of March, a long-lasting and prominent cryptocurrency exchange, Bittrex, announced it would no longer do business with U.S. citizens because “it’s just not economically viable for us to continue…
SEC to Coinbase: Nice Crypto Exchange You Got There, It'd Be a Shame if Something Happened to It
Coinbase, which is by trade volume the largest cryptocurrency exchange in the United States, announced yesterday it had been hit by the Securities and Exchange Commission (SEC) with a threat of looming…
Federal Judge Blasts SEC for Poorly Argued Attempts To Claim Cryptocurrencies Must Be Regulated by Them
Many in the virtual currency industry have been confused and bedeviled by the Securities and Exchange Commission’s (SEC) gradual and ill-explained encroachment on their world, with frequent claims from SEC Chair Gary…
Hester Peirce, Nic Carter: The Government vs. Cryptocurrencies
Today’s Reason Interview podcast has double the hosts and double the guests. Every Thursday at 1 p.m. Eastern, Zach Weissmueller and I host a live interview on Reason‘s YouTube channel. Today’s episode is…
Renegade SEC Commissioner Wants To Save Crypto: Live With Hester Peirce, Nick Gillespie, and Zach Weissmueller
The Securities and Exchange Commission (SEC) charged Kraken—America’s third-largest cryptocurrency exchange by volume—with offering an unregistered security last Thursday. As part of a settlement, Kraken agreed to immediately cease offering interest-bearing “staking”…
FTX's Sam Bankman-Fried Used Customer Assets to Fund Political Donations, Says SEC
Disgraced crypto king faces criminal charges and SEC lawsuit. Sam Bankman-Fried, founder and head of the popular cryptocurrency exchange FTX, has been arrested in the Bahamas at the behest of U.S. prosecutors,…