Legal
Ripple, SEC file summary judgment as crypto community watch keenly
Ripple contended that the XRP is not a security under the Howey test as its transfer does not involve an investment contract.
SEC
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Banking
Reuters reports major US banks pausing crypto lending plans amid challenging SEC guidelines
The SEC did not consult banking regulators before issuing guidance on crypto banking services, according to Reuters.
Regulation
SEC Chair Gensler reiterates that ‘most crypto are securities’ before US banking committee
Gensler said crypto intermediaries, like centralized exchanges and DeFi, facilitating these securities transactions would have to register with the SEC.
Regulation
SEC Chairman wants the CFTC to regulate Bitcoin, Ethereum
Gary Gensler said that he was looking forward to giving the Commodity Futures Trading Commission greater authority over the crypto market "as long as it doesn't take away power from the SEC."
Regulation
SEC, CFTC propose amendments for large hedge fund crypto reporting
The authorities said investments in digital assets have become more common and there is a growing need to gather information on funds' crypto exposure.
Regulation
US Congress sends 5 major crypto exchanges letter inquiring how they are combatting crypto fraud
The inquiries are part of the latest push from Congress to bring tighter regulation to the crypto industry in the U.S., as the country still struggles to determine which of its many federal agencies should be tasked with overseeing it.
Regulation
SEC, CFTC may seek crypto exposure reports from hedge funds
The form would give the regulators insight into the level of exposure hedge funds have to digital assets. It would also allow them to gauge the effects of a crash on the overall economy.
Regulation
SEC orders Bloom Protocol to register BLT token as security or face $31M fine
Bloom Protocol chose to settle with the SEC without admitting or denying any of the commission's findings.
Exchanges
Binance.US to delist Flexa’s AMP after SEC security classification
SEC Chairman Gary Gensler urged crypto exchanges to operate according to securities law, as they can't be treated differently because of their technology.
Regulation
SEC is investigating Coinbase over ‘securities’ listing
The SEC has doubled its investigation of the crypto exchange since it increased the number of listed tokens on its platform.
Exchanges
Coinbase denies listing securities, says SEC should provide regulatory framework
The SEC has been accused of using enforcement actions to bring all digital assets into its jurisdiction.
Regulation
Senator Emmer says SEC is ‘politicizing enforcement, baiting companies’
SEC's Director Gurbir Grewal admitted that the commission routinely operated outside of its jurisdiction.
