SEC
Elizabeth Warren Praises SEC Chief Gensler, Slams Crypto Lobby
The Massachusetts senator pointed to the regulator's enforcement actions against crypto firms and promoters.
SEC Derailed Circle's Plans to Go Public via SPAC Deal: Report
Circle said its plans to go public didn't go through because the U.S. Securities and Exchange Commission did not sign off on it.
Date Set for Oral Arguments in Grayscale’s Appeal of SEC’s Bitcoin ETF Decision; Celsius Developments
Bitcoin's (BTC) January price rally has analysts focusing on higher valuations last seen in mid-2022. Separately, a date has been set to begin hearing oral arguments in Grayscale Investment’s appeal of the SEC decision to deny the conversion of GBTC into an ETF. Grayscale and CoinDesk are both owned by DCG. Separately, Celsius Network is planning to reinvent itself as a new, publicly traded "recovery corporation" to exit the bankruptcy process.
SEC Is ‘Asleep at the Wheel,’ Rep. Davidson of Ohio Says
Warren Davidson, a Republican, said the agency isn't doing enough to regulate crypto.
Date Set for Oral Arguments in Grayscale’s Appeal of SEC’s Bitcoin ETF Decision
Arguments will begin on March 7, sooner than Grayscale had expected.
SEC Commissioner Peirce on Regulation Outlook for Crypto Sector
SEC Commissioner Hester Peirce discusses when regulation should be enforced. Plus, Peirce addresses the significance of educating investors on individual responsibilities.
Rep. Davidson on Brewing Crypto Turf War
The SEC has proposed that it should play a central role in regulating the digital asset industry, and so has the CFTC. Should Congress pass a law to dictate which agency will be given explicit oversight of the spot markets? "We may have to," Rep. Warren Davidson (R-Ohio) said. "But I don't understand how it's not already clear when bitcoin in particular is a commodity."
SEC Commissioner Peirce on the Agency's Approach to Crypto Regulation
SEC Commissioner Hester Peirce joins "First Mover" to discuss the agency's approach to crypto regulation and her outlook on building a regulatory framework as crypto contagion fears linger following the implosion of FTX in 2022. Plus, insights on jurisdiction over crypto spot markets.
First Hearing in Genesis Bankruptcy Case
Genesis Global Holdco LLC, the holding company of troubled cryptocurrency lender Genesis Global Capital, filed for Chapter 11 bankruptcy protection after being pummeled by two of 2022's biggest industry collapses. Former SEC Enforcement Branch Chief and Bragança Law Managing Partner Lisa Bragança discusses what to expect from its first bankruptcy hearing and whether Genesis' trading business is free of liability as the company's trading arm continues to move money around on blockchains, according to Nansen. Genesis and CoinDesk are both owned by Digital Currency Group (DCG).
What If Regulators Wrote Rules for Crypto?
The SEC and CFTC are unlikely to issue new rules covering crypto this year. But, if they did, calls from policymakers to regulate through rulemaking rather than enforcement offer a useful way forward, says Michael Selig, an attorney at Willkie Farr & Gallagher.
