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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.

SEC Chair Gary Gensler Called Out by House Representatives Over FTX
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SEC Chair Gary Gensler Called Out by House Representatives Over FTX

Former FTX CEO Sam Bankman-Fried was supposed to appear before the House Financial Services Committee in December. Lawmakers are questioning his arrest.

SEC Chair Gary Gensler Warns Crypto Companies
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SEC Chair Gary Gensler Warns Crypto Companies

Kraken agreed to shut down its U.S. staking services and initiatives, but SEC chair Gary Gensler advised other businesses to “come in and respect the law.”

Kraken Agrees to Cease Staking Services for U.S. Clients
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Kraken Agrees to Cease Staking Services for U.S. Clients

Kraken settled with the SEC by ending its staking program and paying $30 million in disgorgement, prejudgment interest, and civil penalties.

The U.S. government's regulatory strategy towards crypto firms
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The U.S. government's regulatory strategy towards crypto firms

US officials reportedly discourage banks from serving the bitcoin business.

SEC to Keep Close Watch on Crypto Brokers and Advisers
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SEC to Keep Close Watch on Crypto Brokers and Advisers

The SEC stated the 2023 review goals would ensure crypto brokers and advisors follow "respectful standards of care."

Voyager Digital Subpoenas FTX Executives
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Voyager Digital Subpoenas FTX Executives

Kirkland & Ellis, Voyager Digital's attorneys, subpoenaed FTX co-founders Sam Bankman-Fried and Gary Wang, former Alameda Research CEO Caroline Ellis, and FTX executive Ramnik Arora for DOJ and SEC case papers.

Former Coinbase Product Manager Seeks to Dismiss SEC Charges of Insider Trading
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Former Coinbase Product Manager Seeks to Dismiss SEC Charges of Insider Trading

Ten lawyers from five law firms filed a move to dismiss an SEC insider trading lawsuit against two brothers, calling the regulator "wrong" and lacking government authorisation.

WisdomTree cryptocurrency funds lose value in fourth quarter
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WisdomTree cryptocurrency funds lose value in fourth quarter

Despite rising revenues and fund inflows, the $82 billion fund manager posted a fourth-quarter net loss.

The Number of Crypto-Related Enforcement Actions in the United States Grows
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The Number of Crypto-Related Enforcement Actions in the United States Grows

Blockchain risk monitoring business Solidus Labs predicts a significant rise in US federal and state enforcement actions in 2022.

BankProv Stops Offering Loans Secured by Crypto Mining Rigs
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BankProv Stops Offering Loans Secured by Crypto Mining Rigs

BankProv said in an SEC filing that it would no longer lend against crypto mining machines.

SEC Loses Appeal in LBRY Vs. SEC
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SEC Loses Appeal in LBRY Vs. SEC

The crypto community hailed the LBRY ruling that LBC tokens sold on the secondary market are not securities.

SEC Probes Investment Advisers Offering Crypto Custody Without Proper Qualification
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SEC Probes Investment Advisers Offering Crypto Custody Without Proper Qualification

After the fall of FTX and the Ripple lawsuit in 2022, the U.S. Securities and Exchange Commission (SEC) is now looking into Wall Street corporations that may be violating custody regulations.

Monica Long Named New President of Ripple
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Monica Long Named New President of Ripple

Ripple, a blockchain-based worldwide payments processor, elected Monica Long its new president amid unprecedented growth.

Circle Spokesperson Denies Blaming SEC for Failed $9 billion deal
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Circle Spokesperson Denies Blaming SEC for Failed $9 billion deal

Circle denies blaming the SEC for its December $9 billion failed IPO. Circle's representative said any contradictory assertions are "inconsistent" with past declarations.

Elizabeth Warren Wants SEC to Double Down on Crypto Enforcement
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Elizabeth Warren Wants SEC to Double Down on Crypto Enforcement

Warren wants the SEC to "double down" on crypto enforcement. The U.S. senator said that the previous SEC administration "basically gave the green light" to a cryptocurrency market "full with trash tokens".