DeFi
MicroStrategy’s Michael Saylor says Ethereum is a security
Saylor says a cryptocurrency can only be a commodity if there is no issuer and no one is making any decisions on the network.
SEC
Latest stories
Regulation
Bitcoin crashes under $20K as SEC rejects Grayscale spot ETF application
The SEC has rejected Grayscale and Bitwise applications citing the need to protect investors and public interest and prevent fraudulent and manipulative practices.
Regulation
SEC commissioner Hester Pierce criticizes agency’s resistance to Bitcoin spot ETP
Hester Pierce mentioned that Spot ETPs have launched in countries like Canada, and in Europe, generating great investor interest despite the volatile nature of the market.
Rumors
SEC writes crypto exchanges over insider trading
In a May interview, SEC chairman, Gary Gensler, had said that some crypto exchanges were providing services that could be against their customer’s interest.
Legal
Terra’s Do Kwon claims SEC investigation reports, other allegations are ‘misinformation’
According to a report, the SEC got a court order that forces Terraform Labs to comply with subpoenas issued by the commission to investigate whether the firm’s tokens were unregistered securities.
Regulation
CFTC may become main regulator for crypto industry
Several crypto exchanges have revealed their preference for CFTC to be the major regulator of the crypto space with FTX Bankman-Fried lobbying the US congress for the commission.
Regulation
Pro-crypto SEC commissioner foresees faster stablecoin regulations after Terra crash
The crash of Terra’s UST mean that US regulators could work faster to establish some framework for stablecoins.
Regulation
SEC looks to prevent Ripple from getting vital document about its case
The SEC has filed a motion that looks to protect documents that show its former finance director, William Hinman, stated that Bitcoin and Ethereum were not securities.
Regulation
The SEC wants better corporate disclosures about hacks
Letting customers know about cyber attacks may no longer be based on the judgement of corporate lawyers.
Regulation
Grayscale: The SEC must get comfortable with spot Bitcoin ETF
With the approval of a fourth Bitcoin futures ETF, SEC’s arguments for rejecting spot Bitcoin ETFs are running thin, according to Grayscale CEO Michael Sonnenshein.
Investments
Regulators concerned about retail investors’ involvement with “complex crypto products”
The federal agency is compelling its members to educate its clients about the rewards and risks attached to each investment choice.
Regulation
SEC plans to 10x the definition of “accredited investor”
The SEC is considering raising the threshold for who can be considered a so-called “accredited investor”. The proposed limit at $10 million would make it even harder for ordinary people to invest in startups.