SEC


Policy

BlockFi Files for Bitcoin Futures ETF

The fund would only invest in bitcoin futures contracts traded on the CME.

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Policy

US Wants to Regulate Stablecoins First

Signs point to stablecoin issuers being more integrated into the banking sector. That could be a good thing.

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Policy

Gensler’s Crypto Testimony: 6 Key Takeaways

The SEC chairman laid out his stance on crypto regulation during a House Financial Services Committee hearing on Tuesday. CoinDesk breaks it down.

SEC Chair Gary Gensler (Bill Clark-Pool/Getty Images)

Policy

SEC Chair Gensler: A Ban on Crypto Would Be ‘Up to Congress’

In a Tuesday hearing, Gensler told the House Committee on Financial Services that the SEC has no plans to ban crypto.

SEC Chairman Gary Gensler (left) told Sen. Elizabeth Warren (D-Mass.) that his agency needs more authority to properly regulate the crypto market.

Videos

SEC Chair Gary Gensler: A Ban on Crypto Would Be ‘Up to Congress’

Responding to whether the SEC had any plans to follow China’s lead in banning cryptocurrency in favor of a prospective central bank digital currency (CBDC), SEC Chair Gary Gensler said Tuesday, “No, that would be up to Congress,” suggesting the agency has no plans to ban crypto.

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Finance

SEC Subpoenas USDC Stablecoin Backer Circle

Circle said it is “fully cooperating” with the investigation but has declined to elaborate on its scope.

Circle founder and CEO Jeremy Allaire

Policy

Republican Congressman Demands Clarity From the SEC on Crypto Regulation

Rep. Patrick McHenry (R-N.C.), ranking member of the House Financial Services Committee, has been pushing for regulatory clarity on digital assets since March.

Representative Patrick McHenry, a Republican of North Carolina and ranking member of the House Financial Services Committee, speaks during a hearing in Washington, D.C., U.S., on Thursday, Sept. 30, 2021. The Treasury secretary this week warned in a letter to congressional leaders that her department will effectively run out of cash around Oct. 18 unless Congress suspends or increases the debt limit. Photographer: Al Drago/Bloomberg via Getty Images

Videos

US Lawmaker Proposes Safe Harbor Bill, Echoing SEC Commissioner Peirce

"The Hash" hosts discuss the specifics, reactions, and possible outcome of Rep. Patrick McHenry (R-N.C.), the ranking member on the House Financial Services Committee, unveiling a safe harbor bill Tuesday called the “Clarity for Digital Tokens Act of 2021.″ The provision would effectively codify SEC Commissioner Hester Peirce’s Token Safe Harbor proposal, which aims to create a pathway for crypto startups to launch token sales to fund their projects without fear of SEC enforcement.

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Videos

SEC Subpoenas USDC Stablecoin Backer Circle

Circle, a key supporter of the USDC stablecoin, revealed in a regulatory filing that it received an “investigative subpoena” from the SEC’s Enforcement Division in July, potentially about the assets backing USDC. “The Hash” team discusses the latest escalation by SEC Chairman Gary Gensler’s signaling federal scrutiny of crypto is on the rise.

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Markets

Market Wrap: Bitcoin Rises Toward $50K on Hopes for US ETF Approval

Analysts expect that approval to fuel a fourth-quarter crypto rally.

Bitcoin 24-hour chart (CoinDesk)