Ripple CEO slams former SEC chair over regulatory approach critique

Ripple CEO, Garlinghouse criticized SEC's former chair Jay Clayton for his latest remarks. The former chair urged the SEC to target specific companies on strong legal grounds.  Brad GarlingThe post Ripple CEO slams former SEC chair over regulatory approach critique appeared first on AMBCrypto.

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Fed Chair’s Bullish Stablecoin Stance Clashes With SEC’s Cautious View – New Era For Tether?

U. S. Federal Reserve Chair Jerome Powell’s bullish stance on stablecoins is notably at odds with the cautionary perspective of Securities and Exchange Commission (SEC) Chair Gary Gensler. The juxtaposition of these positions has sparked further discourse in the ongoing debate over the classification and regulation of cryptocurrencies.

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Ripple CEO Blasts SEC Chair For Anti-Innovation Stance, XRP Bulls Remain Optimistic

In a scathing critique of the Securities and Exchange Commission’s (SEC) recent actions against the cryptocurrency industry, Ripple Chair Executive Officer (CEO) Brad Garlinghouse has accused the SEC Chair Gary Gensler of “hypocrisy” and “desperation”.

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US Doesn’t Need More Digital Currency, It Already Has The Dollar, Says SEC Chair

In a recent interview, Gary Gensler, the U.S. Securities and Exchange Commission (SEC) Chair, declared that the United States does not require any other digital currency. As the SEC takes legal action against major cryptocurrency exchanges Binance and Coinbase for allegedly operating unregistered securities exchanges, Gensler emphasized that the U.S. dollar already serves as a […]

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Clearer Rules: CFTC Chair Voices Concerns Over SEC’s Crypto Regulation

The increased oversight by the US Securities and Exchange Commission (SEC) towards the crypto industry has prompted both the community and regulators to question the approach taken by the US watchdog.

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Gary Gensler’s Evolving Position on Crypto – in Quotes

The SEC chair has gone from supporting the technology at MIT to a full-swing offensive on the crypto industry.

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SEC’s Gensler expresses concern over Binance and Coinbase

SEC chair Gary Gensler, in a recent interview on CNBC, raised alarm over the alleged non-compliance of leading cryptocurrency exchanges, Binance and Coinbase, with U.S. securities laws.

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Gary Gensler on crypto regulations: ‘there’s been clarity for years’

SEC sued Coinbase for violating U. S. securities laws today. Chair Gary Gensler discussed on CNBC’s “Squawk on the Street”. Coinbase stock opened nearly 20% down on Tuesday. Coinbase Global Inc opened nearly 20% down on Tuesday after the SEC sued the crypto exchange for violating the U.

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SEC Boss: "We Don't Need More Digital Currency"

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler reiterated his strong stance on digital currencies in a CNBC interview on Tuesday

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Gensler “very confident” SEC can win against Coinbase, Binance

U. S. Securities Exchange Commission (SEC) Chair Gary Gensler is “very confident” of winning enforcement cases against Coinbase and Binance. Gensler confident of victory Speaking to CNBC, Gensler said it’s up to people what they want to invest in.

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SEC Chair Takes Harsh Tone in Speech on Regulation

In a Thursday speech to an investors' association, SEC Chair Gary Gensler repeatedly stressed the need for stronger financial regulations to prevent risks and protect investors. The post SEC Chair Takes Harsh Tone in Speech on Regulation appeared first on BeInCrypto.

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US Congressmen urge SEC to keep definition of ‘qualified custodian’ unchanged

Congressmen Michael Flood and Ritchie Torres wrote to SEC Chair Gary Gensler, urging him to keep custody rules unchanged. In February, the U. S. Securities and Exchange Commission (SEC) proposed specific changes to the Investment Advisors Act 1940.

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XRP Lawsuit: SEC May Have Just Bitten Off More Than It Can Chew As Ripple Eyes ‘Very Big Win’ in Case

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Coinbase sets up advisory council including US lawmakers, private strategists

Coinbase said May 12 that it established a Global Advisory Council intended to help it navigate the regulatory landscape. The council will include Senator Patrick Toomey (R-PA), a lawmaker known for advancing pro-crypto regulation and criticizing SEC chair Gary Gensler.

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U.S. Congressman Brad Sherman Sends Letter To SEC Chair Calling Attention To Grayscale Bitcoin Trust Situation

A member of Congress has now requested action in regards to billions of dollars locked in the Grayscale Bitcoin Trust.

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US House Committee on Financial Services Issues Ultimatum to SEC Chair Gensler

Coinspeaker US House Committee on Financial Services Issues Ultimatum to SEC Chair Gensler The ultimatum highlights the growing pressure on the SEC to take a more transparent approach to its regulatory activities.

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US lawmaker questions SEC about GBTC redemptions

U.S. Congressman Brad Sherman questioned the Securities and Exchange Commission (SEC) about whether Grayscale Bitcoin Trust investors (GBTC) can redeem their assets from the investment company. In a May 11 letter directed to the SEC Chair Gary Gensler, the Congressman claimed that Grayscale prioritized profits regardless of how it affected over 850,000 retail investors whose […] The post US lawmaker questions SEC about GBTC redemptions appeared first on CryptoSlate.

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US house financial committee gives SEC Chair Gensler ultimatum to respond to inquiries

The U.S. House Committee on Financial Services issued a May 19 ultimatum to the Securities and Exchange Commission (SEC) chair Gary Gensler to respond to its inquiries. In a May 9 letter, the lawmakers demanded that the SEC deliver the requested internal non-public documents of its activities, including its charges against bankrupt FTX founder Sam Bankman-Fried, crypto […] The post US house financial committee gives SEC Chair Gensler ultimatum to respond to inquiries appeared first on CryptoSlate.

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Ex-SEC Chair Arthur Levitt: Crypto Will Be Part of American Financial System

Former SEC chair believes in digital assets far more than his current counterpart

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Gensler marks cryptocurrencies as ‘investment contracts’

SEC Chair Gary Gensler‘s recent remarks on digital currencies have ignited a firestorm within the crypto community.  Gensler’s April 27 tweet included a video in which he urged crypto platforms to register with the SEC, asserting that they may violate…

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Why the Politics of Crypto Feels Different This Time

Last week’s testimony by SEC Chair Gary Gensler before the House Financial Services Committee showed that the political divide towards crypto has never been clearer. Noelle Acheson dives into why this matters now.

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What changed? 2018 video reveals SEC Chair Gensler’s contradictory view on crypto

A video of Gary Gensler has emerged stating that most crypto assets are not securities. The video dates back to 2018 when Gensler was a professor at the Massachusetts Institute of Technology (MIT) teaching a course called “Blockchain and Money.

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Gary Gensler Is Driving Crypto To China – Republican Congressman Hit SEC Chair With Fresh Allegations

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VC firm Paradigm criticizes SEC's 'brute force' regulation policy, details inside

Paradigm, a Web3 VC firm, criticized SEC Chair Gary Gensler's "brute force" crypto regulation as bad policy. The firm claimed that SEC failed to give crypto users and investors necessary informThe post VC firm Paradigm criticizes SEC's 'brute force' regulation policy, details inside appeared first on AMBCrypto.

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SEC chair faces congressional criticism over crypto regulation clarity

In a recent video CryptosRUs explains that Securities and Exchange Commission (SEC) chair Gary Gensler faced tough questioning during a recent congressional hearing about the classification of cryptocurrencies such as ether (ETH).

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Why Pro-XRP Lawyer John Deaton Calls For Investigation Into SEC Chair Gary Gensler

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Pro-XRP Lawyer Wishes Anti-Crypto SEC Chair to Be Investigated, Here's Why

John Deaton stated he wishes Gary Gensler would be investigated for this major reason he believes in

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SEC Chair Gensler's dicey response triggers ETH to alter its course. Assessing...

ETH sell pressure surges after Gensler fails to secure a solid answer about the nature of ETH ETH’s cooldown could have led to more downside potential. The crypto market’s performance haThe post SEC Chair Gensler's dicey response triggers ETH to alter its course. Assessing... appeared first on AMBCrypto.

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Seven Failures of SEC Chair Gary Gensler That Call for His Removal

Gary Gensler received a grilling from Congressman Warren Davidson on Monday. He listed seven reasons why the SEC chair should quit. The post Seven Failures of SEC Chair Gary Gensler That Call for His Removal appeared first on BeInCrypto.

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Attorney John Deaton Shares Scary Takeaways From SEC Chair's Testimony to Congress: Details

According to insights from Gensler's testimony, Bitcoin may also loosely qualify as security

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Here's How XRP Community Reacts to Congress v. SEC Chair Gensler Grilling

Top creator at XRP Ledger shares bullish outlook amid SEC Chair Gensler's testimony and other reactions from prominent figures in community

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US Lawmakers Slam SEC Chair over Multiple Rushed Rules and Hostility against Crypto Firms

Coinspeaker US Lawmakers Slam SEC Chair over Multiple Rushed Rules and Hostility against Crypto Firms The lawmakers also referred to the enforcement actions against crypto companies by the SEC.

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SEC Chair Gensler Declines to Say if Ether Is a Security in Contentious Congressional Hearing

Securities and Exchange Commission Chair Gary Gensler refused to say whether ether, the second-largest cryptocurrency by market cap, was a security during a nearly five-hour hearing Tuesday.

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US congressman Emmer says SEC chair Gensler is ‘incompetent’

U. S. lawmaker Tom Emmer described the SEC chairman Gary Gensler as an “incompetent cop on the beat” who puts “everyday Americans in harm’s way and [pushes] American firms into the hands of the Chinese Communist Party.

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Is ETH a security? SEC Chair Gensler's skeptical state could be the answer...

Congressman Patrick McHenry questioned SEC Chairman about the nature of Ethereum  McHenry also asserted that there was a lack of clarity surrounding cryptocurrencies in the market Ethereum The post Is ETH a security? SEC Chair Gensler's skeptical state could be the answer... appeared first on AMBCrypto.

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SEC’s Gary Gensler says he has never owned crypto

Securities and Exchange Commission (SEC) chair Gary Gensler stated that he has never owned cryptocurrency or digital assets during an April 18 hearing. SEC chair owns no crypto assets When asked by Rep.

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Gensler quizzed on ETH and FTX probe

SEC Chair Gary Gensler testified before the House Financial Services Committee as Representative Bill Posey questioned him on the collapse of the crypto exchange FTX in November 2022.

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Congressman Emmer: Gary Gensler is an incompetent “cop on the beat”

Tom Emmer, the US House Majority Whip and Congressman for Minnesota, says SEC Chair Gary Gensler has accomplished nothing of note towards crypto regulation and that he is an “incompetent cop on the beat.

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SEC Chair Gary Gensler Takes His Anti-Crypto Vendetta to Congress

In testimony Tuesday morning, SEC Chair Gary Gensler made one of his most aggressive pitches yet for cracking down on the crypto industry. The post SEC Chair Gary Gensler Takes His Anti-Crypto Vendetta to Congress appeared first on BeInCrypto.

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Gary Gensler refuses to answer if ETH is a security: SEC hearing

SEC Chair Gary Gensler has said the SEC considers Bitcoin a commodity but refused to pin down Ether at an oversight hearing.

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Congressional Republicans Criticize SEC Chair Gary Gensler's Crypto Approach Ahead of Hearing

Republicans on the House Financial Services Committee sent a letter criticizing Securities and Exchange Commission Chair Gary Gensler and his repeated entreaties to crypto companies to "come in and register" moments before a congressional hearing on his agency.

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Crypto regulation: Does SEC Chair Gary Gensler have the final say?

The chairman of the SEC recently said that almost all cryptocurrencies will be regulated as securities. Questions remain whether that’s an accurate statement and if the agency is regulating tokens by enforcement.

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Congressman advances legislation to fire Gary Gensler, downgrade position

Rep. Warren Davidson (R-Ohio) announced legislation to remove Securities and Exchange Commission (SEC) chair Gary Gensler in a tweet on April 16. Davidson announces anti-Gensler legislation On Twitter, Davidson wrote: “To correct a long series of abuses, I am introducing legislation that removes the Chairman of the [SEC] and replaces the role with an Executive […] The post Congressman advances legislation to fire Gary Gensler, downgrade position appeared first on CryptoSlate.

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US congressmen want Gensler out for overprotective crypto rules

Congressman Rep. Davidson is planning on filing a legislation to dismiss SEC's chair Gensler from office. This comes amid Gensler's recent proposal on echange's legislation revision.

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U.S. SEC wants to regulate DeFi similar to CeFi, Commissioner Peirce disagrees

- The SEC declared that it will reopen an old proposal that expressly includes DeFi exchanges under its purview, inviting criticism from Commissioner Peirce. - SEC Chair Gensler has long contended The post U.

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Financial Services Chair McHenry sends SEC 2nd request for records related to SBF arrest

Sam Bankman-Fried was arrested just before his committee appearance was scheduled.

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SEC Investor Advisory Committee calls most crypto assets securities, urges ‘aggressive‘ action

The U. S. Securities and Exchange Commission’s (SEC) Investor Advisory Committee (IAC) has urged SEC Chair Gary Gensler to double down on crypto regulation and described most cryptocurrencies as securities.

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SEC Chair Gary Gensler is a 'bad faith regulator': U.S. Congressman Tom Emmer

U. S. Congressman Tom Emmer highlighted SEC Chair Gary Gensler's unfair approach towards crypto regulation. The lawmaker believes that Gensler regulates the crypto industry in bad faith.

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Congressman Tom Emmer says SEC chair Gary Gensler is a ‘bad faith regulator’

The crypto-friendly congressman questioned Gary Gensler’s supposed “open door policy,” suggesting that he “might have an open door, but it is an enter-at-your-own-risk-door.”

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