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US lawmakers call on DOJ, SEC to investigate Prometheum, citing suspicions of “false testimony” and securities law violations

U. S. Senator Tommy Tuberville of (R-AL) and Members of Congress Ralph Norman (R-SC), Barry Loudermilk (R-GA), Byron Donalds (R-FL), and Mark Alford (R-MO) Blaine Luetkemeyer have co-signed a letter calling on Attorney General Merrick Garland and the Securities and Exchange Commission (SEC) Chair Gary Gensler to investigate Prometheum, Inc. дальше »

2023-7-11 21:20


Blockchain Association calls for Gensler’s recusal from crypto enforcement decisions

The Blockchain Association is calling for SEC chair Gary Gensler to recuse himself from regulatory proceedings, claiming he demonstrates “clear bias” against the industry. Senior counsel Marisa Coppel wrote today that Gensler’s statements proclaiming all cryptocurrencies besides Bitcoin to be securities show that he has “prejudged the facts” without adequately assessing the evidence and data, […] The post Blockchain Association calls for Gensler’s recusal from crypto enforcement decisions appeared first on CryptoSlate. дальше »

2023-6-30 23:37


Former SEC Chair Jay Clayton Says Gary Gensler Overstepping His Power

Former SEC Chair Jay Clayton emphasized balancing regulatory enforcement and considering the consequences of potential defeats for the securities regulator. The former official told CNBC, "What you're hearing from leaders of the regulatory organizations is, if we're not losing cases, if we're not being pushed back on by the courts, We're not doing enough. дальше »

2023-6-29 13:30


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. дальше »

2023-6-23 02:00


US lawmakers introduce bill to restructure SEC, remove Chairman Gary Gensler

U.S. lawmakers Warren Davidson and Tom Emmer introduced a bill on June 12 to restructure the U.S. Securities and Exchange Commission and remove its chairman, Gary Gensler. In a June 12 statement, the lawmakers stated that the bill, tagged “the SEC Stabilization Act,” would change the financial regulator’s current structure, ensuring its priorities protect investors’ […] The post US lawmakers introduce bill to restructure SEC, remove Chairman Gary Gensler appeared first on CryptoSlate. дальше »

2023-6-13 22:23