Securities and Exchange Commission


Policy

Terraform Labs, Do Kwon Agree to Pay SEC a Combined $4.5B in Civil Fraud Case

The settlement agreement, if accepted by a judge, would also ban Kwon and Terraform Labs from buying or selling all crypto asset securities.

Terraform Labs co-founder Do Kwon (CoinDesk TV)

News Analysis

SEC's Gensler Shrugs About New Crypto ETFs Strolling Through His Agency's Gates

Once waging a legal battle against crypto ETFs, SEC Chair Gensler now talks about the pending ETH ETF as if it's a casual process and is jumping through the standard hoops.

U.S. Securities and Exchange Commission Chair Gary Gensler's tone has changed about crypto exchange traded funds. (Nikhilesh De/CoinDesk)

Policy

Wall Street Asks Biden Not to Veto Congress' Rejection of SEC Crypto Policy

Lobbying groups for the U.S. banks sent President Joe Biden a letter asking him to change his mind on his threat to veto the congressional effort to overturn SAB 121. Members of Congress did, too.

Chair Gary Gensler continues to defend his agency's Staff Accounting Bulletin No. 121 on handling crypto. (Jesse Hamilton/CoinDesk)

Policy

U.S. Sen. Wyden: House 'Right' to Pursue Crypto Bill, Late in Session for More Progress

The Oregon Democrat has been among his party's crypto sympathizers in the Senate, and he said there's "a long way to go" after this early burst of crypto momentum in Washington.

Sen. Ron Wyden, who heads the Committee on Finance, speaks at Consensus 2024. (Shutterstock/CoinDesk)

Markets

Uniswap Foundation Shares Balance Sheet as Fee Vote Nears

The Uniswap Foundation's balance sheet shows $41.41 million in fiat and stablecoins and 730,000 UNI tokens.

Floatie in the form of a unicorn, the emblematic mythical creature featured in Uniswap's logo and marketing materials. (Unsplash/Modified by CoinDesk)

Policy

Coinbase Slugs It Out With U.S. SEC in Effort to Get Key Crypto Question Answered

The exchange filed another response in court in its ongoing request to appeal a single legal point at the heart of the industry's dispute with the Securities and Exchange Commission.

Coinbase CEO Brian Amstrong and SEC Chair Gary Gensler

Policy

SEC's Gensler Going Rogue in Solo Quest to Stop U.S. Crypto Legislation?

A new White House statement suggests not even the president who appointed the SEC chairman thinks the government can go on overseeing digital assets without new policy.

SEC Chair Gary Gensler in Washington on Oct. 25, 2023 (Jesse Hamilton/CoinDesk)

Markets

Ether Surges 17%, Polymarket Approval Chances Rocket as ETF Makes Regulatory Progress

The U.S. SEC has asked exchanges to update 19b-4 filings for ether ETFs ahead of a key deadline, suggesting potential approval progress, though approval is not guaranteed.

(CoinDesk Indices)

Policy

Prometheum's Contentious Answer to Crypto Compliance Is Running Late

The startup's plan to launch a custody operation followed by SEC-compliant crypto trading missed its first-quarter target, but the firm says it's just finishing up some technical work.

Co-CEO Aaron Kaplan's Prometheum is planning to start its crypto custody business with Ethereum's ETH. (Screen capture/U.S. House Financial Services Committee)

Policy

House Votes to Erase SEC Crypto Policy While President Biden Vows Veto

The House of Representatives voted in favor of a resolution to oppose the SEC's crypto accounting policy, Staff Accounting Bulletin No. 121, as President Biden defends it.

President Joe Biden is threatening to veto an effort in Congress to overturn the Securities and Exchange Commission's crypto accounting policy. (Chip Somodevilla/Getty Images)