SEC Chair Gary Gensler says the regulator is spread thin and needs additional funding to keep up with the “increased complexity in the capital markets.”
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Category: Regulation News
Nigerian crypto investors question central bank’s decision to flag P2P users
Crypto P2P users in Nigeria worry over using various platforms to transfer funds as the country’s central bank cracks down on bank accounts that received […]
FTX lawyers, creditors slam SBF’s petition to get legal fees reimbursed
The creditor’s committee and FTX lawyers have raised several arguments in objecting to Bankman Fried’s request. A hearing date is set for April 12.
SEC chief Gary Gensler to face Congress grilling over crypto policy
The chair of the Financial Services Committee said its primary focus would be setting the groundwork for crypto regulations in the United States.
FDIC plans to return $4B in Signature crypto deposits ‘by early next week’ — Martin Gruenberg
The Treasury Department’s Under Secretary for Domestic Finance Nellie Liang said at the same hearing she didn’t believe crypto “played a direct role” in the […]
Anti-TikTok RESTRICT Act could be turned against crypto and much else, think tank warns
Experts are speculating on ways the Act could be misused, if passed, and finding potential threats to technologies people love.
Sam Bankman-Fried is paying for legal defense using previously gifted funds from Alameda: Report
The former FTX CEO reportedly gave Joseph Bankman roughly $10 million funded by a loan from Alameda Research as a part of a lifetime estate […]
Beaxy exchange shutters after SEC presses multiple charges against founder, execs
The regulator is throwing the book at Beaxy and people associated with it on charges of unregistered securities offering and failing to register in a […]
The government should fear AI, not crypto: Galaxy Digital CEO
Galaxy Digital CEO Mike Novogratz believes regulators have got it “completely upside-down” on crypto vs AI regulation.
US and South Korea requested extradition of Terra co-founder Do Kwon — Montenegro justice minister
Do Kwon may have to serve time in Montenegro if convicted of charges related to forged identification documents before any extradition to the U.S. or […]