SEC
SEC typically refers to U.S. Securities and Exchange Commission which "protects investors in the $3.8 trillion municipal securities markets that cities and towns rely on to provide neighborhood schools, local libraries and hospitals, public parks, safe drinking water and so much more". But it can also refer to the security and exchange regulation bodies of other countries.
Crypto Exchange Bittrex Settles with SEC for $24 Million
Bittrex settles with the SEC for $24 million over charges of operating as an unregistered broker and exchange.
Cathie Wood: SEC to Approve Multiple Bitcoin ETFs Simultaneously
Cathie Wood predicts the U.S. SEC may simultaneously approve multiple Bitcoin ETFs.
SEC Freezes Assets of DEBT Box in $50 Million Crypto Fraud Case
The U.S. Securities and Exchange Commission (SEC) has obtained a temporary asset freeze, restraining order, and other emergency relief against Digital Licensing Inc., a Utah-based entity operating as "DEBT Box," along with its four principals and 13 other defendants.
Ripple CEO Criticizes SEC's Use of Quarterly XRP Report in Lawsuit
The Chief Executive Officer of Ripple, Brad Garlinghouse, expressed his hatred for the United States Securities and Exchange Commission (SEC) on August 2, 2023.
Grayscale Submits Comment Letter to SEC Regarding Spot Bitcoin ETF Application
Grayscale's legal team submitted a comment letter to the SEC, advocating for the approval of all spot bitcoin ETF applications, emphasizing fair regulation and investor protection.
SEC Required Coinbase to Trade Only Bitcoin, Exclude Ethereum and All Other Cryptos, Reports FT
On July 31, a report by the Financial Times reported that the U.S. Securities and Exchange Commission (SEC) had requested Coinbase to cease all cryptocurrency trading, including Ethereum, with Bitcoin being the only exception, before taking legal action against the company.
SEC Proposes New Rules to Address Conflicts of Interest in AI Usage by Brokerage Firms
The U.S. Securities and Exchange Commission (SEC) has proposed new rules to address potential conflicts of interest that may arise when investment advisers and broker-dealers use predictive data analytics and artificial intelligence (AI).
SEC Settles DWAC Fraud Charges Over Merger with Former President Trump's Company
SEC settles fraud charges with DWAC over undisclosed plans to merge with Trump's TMTG. DWAC to pay $18M penalty if merger closes.
Coinbase vs. SEC: Key Dates and Details for Upcoming Court Hearings
Court dates for Coinbase vs. SEC case confirmed. Coinbase's motion due Aug 4, 2023, with SEC's opposition brief due Oct 10. Coinbase's reply expected by Oct 24.
Binance Trims Employee Benefits and Faces Regulatory Challenges Globally
According to a recent report by The Wall Street Journal, the global cryptocurrency exchange Binance has reduced several benefits for its employees, including reimbursements for mobile phone usage, fitness, and work-from-home expenses.
Ripple Anticipates U.S. Banks to Adopt XRP Following Partial SEC Case Victory
Ripple expects U.S. banks to adopt its XRP for cross-border payments following a ruling that it's not necessarily a security.
Former SEC Officer Analyzes Ripple's Momentary Celebration in SEC Lawsuit
Former SEC Officer, John Reed Stark, analyzes Ripple's legal victory against the SEC, describing it as a momentary celebration and predicting a likely appeal.
Ripple CEO Foresees Prolonged SEC Appeal Process Following Favorable XRP Ruling
Ripple CEO foresees long SEC appeal after XRP ruling. Case highlights the need for clear crypto regulation in the U.S.
Binance Plans 1,500 to 3,000 Layoffs due to DOJ Probe, Reported CNBC
The biggest crypto exchange Binance is reportedly planning to layoff between 1,500 and 3,000 employees by the end of the year, according to an anonymous source cited by CNBC on July 14, 2023. This move is seen as a response to an ongoing probe by the U.S. Department of Justice and SEC.
Congressman Torres Calls for Investigation into SEC's Approach to Crypto Licensing
The U.S. Securities Exchange Commission (SEC) has been the subject of two separate, independent investigations at the request of Representative Ritchie Torres (D-NY) over its handling of digital assets.