Crypto industry blasts SEC Chair Gensler’s continued ‘arrogance’
Coinbase's legal chief asserts Gensler's hostility may have shifted political tides in key states.
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The lawsuit proceedings will stay halted while Coinbase appeals to the Second Circuit.
Behnam's tenure saw significant crypto oversight growth, setting the stage for his successor's approach to digital finance regulation.
The suspension cited compliance with guidelines published by the European Central Bank.
Under the settlement terms, Gemini did not admit or deny any wrongdoing.
TRM Labs head of legal and government affairs Ari Redbord said a Strategic Bitcoin Reserve could boost the value of BTC and trigger a global trend.
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