Two SEC Lawyers Resign Amidst Judicial Rebuke
SEC attorneys Michael Welsh and Joseph Watkins resigned after mishandling a crypto case and facing severe criticism and sanctions from Judge Robert Shelby for misrepresentations and errors.
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Gary Gensler teases resignation, crypto community reacts strongly
18/04 20:34
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Grayscale Executives Resign from Board, New Appointments Announced
The Grayscale board undergoes significant changes as Barry Silbert and Mark Murphy resign, making way for fresh perspectives with the appointments of Shifke, Kummell, and McGee. These shifts in leadership signal a strategic response to the dynamic nature of the cryptocurrency market
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Gensler regards AI as the most transformative technology of this generation, offering both challenges and opportunities for markets and regulators.
Coinlive Binance wants Gary Gensler to recuse himself from SEC lawsuit
Binance argued in February, and again earlier this month, that SEC Chairman Gary Gensler should recuse himself from the SEC lawsuit against the exchange. It claimed that his previous interactions with the exchange’s CEO Changpeng Zhao justify his recusal.
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Gary Gensler addresses the Coinbase lawsuit during the Piper Sandler Gl.obal Exchange and Fintech Conference
Yahoo FinanceGensler suggests proof-of-stake tokens are securities
Securities and Exchange Commission Chair Gary Gensler suggested Wednesday that tokens using staking protocols could be considered securities under U.S. law. Gensler suggested that the returns token holders see from staking indicate that those tokens are securities and would need to be registered as such under U.S. law.
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The crypto market’s steady growth since the start of 2023 was checked by pronounced losses this week.
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As a new Congress prepares to work on uncertain crypto legislation next year, the SEC chairman says his agency needs nothing apart from more money and more reach overseas.
CoindeskCommunity reacts after SEC’s Gensler affirms BTC’s commodity status
Gensler said he saw many crypto assets having attributes of a security, adding that Bitcoin is the only crypto he was comfortable publicly labeling as a commodity.
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