President Biden Rejects Bill to Repeal Controversial SEC Crypto Guidance
President Joe Biden stated that he had signed a joint resolution of the House and Representatives, vetoing a resolution that
The Securities and Exchange Commission (SEC) is the Federal Government’s regulatory agency, responsible for overseeing the crypto industry’s compliance with its regulations. The agency was created by Congress in 1934 to regulate the securities market.
The SEC is destined to secure investors’ protection from frauds and scams, through convenient rules. The regulators also handle the registration of crypto companies, ensuring regulatory adherence. The SEC has been involved in lawsuits against industry leads such as Ripple, Binance, Coinbase, and Kraken. The crypto industry faced the severe crypto winter in 2022 following the SEC’s lawsuit against the once-prominent FTX, which later collapsed.
The Crypto regulatory landscape is constantly evolving with new rules and many major players are facing allegations for not compiling with those. It is the SEC acting as a guard to protect investors by applying the right laws. To know the latest movements of SEC that holds a significant impact, read from CryptoTale.
President Joe Biden stated that he had signed a joint resolution of the House and Representatives, vetoing a resolution that
Terraform Labs, along with its co-founder Do Kwon, has reached a “settlement in principle” with the U.S. Securities and Exchange
The SEC has asked the Spot Ethereum ETF issuers to hand in their updated S-1 filing by Friday. At least
The approval of 19b-4 forms for eight spot Ethereum ETFs marks a significant milestone for the cryptocurrency market. The U.S.
On May 22, the Financial Innovation and Technology for the 21st Century Act (FIT21), led by the Republican Party was
The Depository Trust and Clearing Corporation (DTCC) has listed the VanEck spot Ethereum ETF under the ticker ETHV. The official
The U.S. Securities and Exchange Commission (SEC) requested firms to update and refile crucial documents, known as Form 19b-4, to
As the deadline approaches for Ripple, the U.S. Securities and Exchange Commission (SEC), and associated third parties to file their
Wiley Nickel has expressed concerns regarding SAB121 regulating cryptocurrencies in the U.S. He argues that the SEC has politicized the
The SEC is contemplating whether Ethereum should be classified as a security. This evaluation arises from BlackRock’s filing related to
The U.S. Securities and Exchange Commission (SEC) has acknowledged that it did not follow its usual Wells process in its
The U.S. Securities and Exchange Commission (SEC) has aggressively pursued stringent penalties against Ripple Labs Inc. The regulator seeks a
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