Senator Lummis shows support for Coinbase against SEC

Senator Cynthia Lummis of Wyoming filed a brief supporting Coinbase’s request to dismiss a case against it by the U.S. Securities and Exchange Commission (SEC). Lummis, a Republican, reiterated her support of the crypto industry by submitting an amicus brief…

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The SEC is exceeding its authority and encroaching on Congress’ lawmaking: Senator Lummis

U. S. Senator Cynthia Lummis filed an amicus brief on August 11 supporting Coinbase’s motion to dismiss against the U. S. Securities and Exchange Commission (SEC) lawsuit. Drawing attention to the Lummis-Gillibrand Responsible Financial Innovation Act, which aims to regulate crypto, the Senator said that there are already ongoing debates in Congress on crypto regulation.

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US Senator Cynthia Lummis Backs Coinbase Against SEC

In a new development, Senator Cynthia Lummis,  a prominent advocate for cryptocurrency, filed an amicus brief on August 11 to support the Coinbase exchange against the SEC’s lawsuit.   Lummis maintains that the responsibility to formulate crypto regulations lies with Congress, not the SEC.

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Senator Lummis Files Brief Supporting Coinbase Motion to Dismiss SEC Suit

Senator Cynthia Lummis has filed an amicus brief supporting Coinbase's motion to dismiss the SEC's complaint, arguing that the SEC lacks the authority to regulate crypto assets. The post Senator Lummis Files Brief Supporting Coinbase Motion to Dismiss SEC Suit appeared first on BeInCrypto.

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U.S. Senator Lummis, Crypto Lobbyists Urge Court to Dismiss SEC's Coinbase Lawsuit

U.S. Senator Cynthia Lummis (R-Wy.), a number of crypto lobbying organizations and a group of professors called on a federal court to dismiss a Securities and Exchange Commission (SEC) lawsuit against crypto exchange Coinbase Friday.

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Senator Lummis files Amicus Brief supporting Coinbase's dismissal motion against SEC

Senator Lummis argued that the SEC is attempting to “circumvent the political process” by establishing itself as the main authority on crypto.

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Senator Lummis files amicus brief supporting Coinbase’s dismissal motion against SEC

Senator Cynthia Lummis argued that the SEC is attempting to “circumvent the political process” by establishing itself as the main authority on crypto.

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Senator Kennedy Jr. confronts SEC’s Gary Gensler on crypto regulation

Senator Kennedy questioned SEC Chairman Gary Gensler's authority and the SEC's competency in handling crypto fraud at a Senate Committee hearing on July 19.

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US Senator Elizabeth Warren Goes From Anti-Crypto to Anti-Elon Musk

Senator Elizabeth Warren calls on the SEC to scrutinize potential conflicts of interest posed by Elon Musk's simultaneous positions as CEO of Twitter and Tesla, raising concerns about shareholder interests and corporate asset misuse.

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Elizabeth Warren asks SEC to investigate Elon Musk’s dual roles at Twitter and Tesla

On July 17, Senator Elizabeth Warren called on the U.S. Securities and Exchange Commission (SEC) to initiate investigations into two companies led by Elon Musk, namely Tesla and Twitter, due to potential legal and ethical issues Warren began by reiterating concerns that she sent to Tesla in December 2022, all of which concern Musk’s dual leadership […] The post Elizabeth Warren asks SEC to investigate Elon Musk’s dual roles at Twitter and Tesla appeared first on CryptoSlate.

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‘Crypto Queen’ Cynthia Lummis applauds XRP ruling

Republican lawmaker and self-described crypto HODLer, Senator Cynthia Lummis, has expressed her support for the recent judgment in the SEC vs. Ripple case. Sen. Cynthia Lummis is one of crypto’s most prominent supporters on Capitol Hill. She posted on Twitter…

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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.

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U.S. Senator Tuberville Asks DOJ, SEC to Investigate Crypto Broker Prometheum

U.S. Senator Thomas Tuberville (R-Ala.) wrote an open letter to Attorney General Merrick Garland and Securities and Exchange Commission (SEC) Chair Gary Gensler asking them to investigate Prometheum, a special-purpose broker that recently secured federal permissions to offer crypto trading services.

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Sen. Cynthia Lummis lambasts SEC over enforcement actions against Coinbase

Senator Cynthia Lummis criticized the SEC's recent actions against Coinbase, stating that the exchange's compliance efforts should have been acknowledged

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Senator Cynthia Lummis criticizes SEC’s action against Coinbase, says lawmakers are working on crypto regulation bill

U. S. Senator Cynthia Lummis said the SEC’s recent action against cryptocurrency exchange Coinbase despite its attempts to comply with regulators, “is not the right way to do business in America.

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Billionaire Mark Cuban Jumps in to Criticize SEC Amid Crypto Crackdown

Billionaire Mark Cuban has criticised the Securities and Exchange Commission's (SEC) clampdown on the crypto industry, saying it is impossible to know what is or isn't a security. Republican Senator Cynthia Lummis also criticised the SEC for suing Coinbase last week.

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US senator revamps efforts for crypto regulations amid SEC lawsuits

The regulatory framework will allow individuals and companies to own and trade digital assets in the United States.

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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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Elizabeth Warren says crypto industry is afraid of strong SEC

Crypto skeptic senator Elizabeth Warren talks tough against crypto and says SEC is the best agency for crypto regulations.

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Elizabeth Warren urges stricter regulation, says solution to crypto fraud begins with the SEC

United States senator Elizabeth Warren urged banking and environmental regulators to fight crypto fraud along with the Securities and Exchange Commission (SEC) in a speech on January 25. The post Elizabeth Warren urges stricter regulation, says solution to crypto fraud begins with the SEC appeared first on CryptoSlate.

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Crypto industry leaders ‘scared of a strong SEC’ — Senator Warren

Senator Elizabeth Warren claims the Trump Administration “gave a green light” to a cryptocurrency market full of junk tokens, rug pulls and Ponzi schemes.

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U.S. senator proposes strict crypto bill to empower the SEC

Senator Elizabeth Warren is working on a comprehensive cryptocurrency bill that would grant the Securities and Exchange Commission with greater cryptocurrency regulatory authority.

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Elizabeth Warren Pushes Strict Crypto Bill to Empower the SEC

Anti-crypto Senator Elizabeth Warren has been working hard on a cryptocurrency bill that puts the U.S. SEC in charge of the asset class. The post Elizabeth Warren Pushes Strict Crypto Bill to Empower the SEC appeared first on BeInCrypto.

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Crypto will be regulated as securities — ICE boss and Senator Warren

Senator Elizabeth Warren’s bill seeks to hand control to the SEC, imposing new obligations on centralized crypto firms, something Jeffrey Sprecher thinks will be good for crypto.

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Elizabeth Warren led cryptocurrency bill in works, may give SEC most regulatory authority

Senator Elizabeth Warren is working on a sweeping cryptocurrency bill that would give most cryptocurrency regulatory authority to the Securities and Exchange Commission, according to sources close to her.

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Why This U.S. Senator Urged SEC To Issue Crypto Regulation

Disclaimer: The following op-ed represents the views of the author, and may not necessarily reflect the views of Bitcoinist. Bitcoinist is an advocate of creative and financial freedom alike. U. S.

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US lawmaker says crypto regulation from SEC is 'needed now'

Senator Hickenlooper requested the SEC engage with the public by opening a “notice-and-comment period” to develop rules and regulations applicable to crypto.

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US Democrat Senator John Hickenlooper Criticizes Gary Gensler's Approach to Crypto at SEC

U.S. Senator John Hickenlooper (D-Colo.) has become one of the first Democratic senators to publicly criticize the slow approach to crypto taken by Gary Gensler, chair of the U.S. Securities and Exchange Commission (SEC).

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US senator bill seeks to cushion crypto exchanges from SEC enforcement actions

The Digital Trading Clarity Act of 2022 aims to provide regulatory clarity around classifying digital assets and related liabilities under existing securities laws.

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Senator Toomey: Crypto is ‘sufficiently different’ from stocks or bonds

Sen. Pat Toomey (R-PA) a ranking member of the US Senate Banking Committee says Congress needs to step in on the issue of cryptocurrency regulation. Particularly, Sen. Toomey points to the US Securities and Exchange Commission (SEC), through its Chair Gary Gensler,  hasn’t provided anything as much as regulatory clarity on how existing frameworks on […] The post Senator Toomey: Crypto is ‘sufficiently different’ from stocks or bonds appeared first on Invezz.

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All Crypto Exchanges Including Binance to be Investigated by SEC: Senator’s Office

There will be no escaping Uncle Sam’s wide sweeping net of crypto regulation according to staff from Senator Cynthia Lummis’ office. The post All Crypto Exchanges Including Binance to be Investigated by SEC: Senator’s Office appeared first on BeInCrypto.

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Top GOP Senator Slams SEC for Ignoring Crypto Turmoil

U.S. Sen. Pat Toomey (R-Pa.) accused the Securities and Exchange Commission (SEC) of dragging its feet on instituting oversight of crypto firms as some of those companies collapsed, taking investors’ cash with them.

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Emmer: SEC using enforcement to 'unconstitutionally expand its jurisdiction'

Senator Tom Emmer is in the news today after he claimed that the U.S SEC is still actively pursuing cryptocurrency entities. In doing so, it has gone beyond its authority, he added. A Republican, The post Emmer: SEC using enforcement to 'unconstitutionally expand its jurisdiction' appeared first on AMBCrypto.

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SEC Conducting Extrajudicial Industry Sweeps on Crypto Sector Says Tom Emmer

The U.S. Securities and Exchange Commission (SEC) is still on the crypto warpath and has reached beyond its own jurisdiction, according to Senator Tom Emmer. The post SEC Conducting Extrajudicial Industry Sweeps on Crypto Sector Says Tom Emmer appeared first on BeInCrypto.

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Senator Elizabeth Warren wants more enforcement from SEC in the crypto space

The United States Securities and Exchange Commission (SEC) needs to take action to protect consumers against bad actors in the crypto space, Senator Elizabeth Warren told Yahoo Finance on July 17.

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Senators join chorus of disapproval of ‘backdoor regulation’ in SEC staff accounting bulletin

Five Republican senators, including “Crypto Senator” Cynthia Lummis, have sent a letter to the SEC regarding its March bulletin, which established broad new requirements for trading platforms.

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Gillibrand and Lummis state that most altcoins are securities

“Most cryptocurrencies go to the SEC [...] Bitcoin and Ether would be certainly commodities, and that’s agreed upon,” said U.S. Senator Kirsten Gillibrand.

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New SEC Nominees May Change Bitcoin ETF Calculations

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SEC Commissioner says NFTs Might Fall Within Their Jurisdiction, Gensler Hires Senate Aid for Crypto Policy

The US Securities and Exchange (SEC) Commissioner Hester Peirce commented on crypto market participants like Coinbase and Senator Cynthia Lummis (R-Wyo. ) calling for one regulator to oversee the cryptocurrency market.

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'Federal agencies should answer questions' about crypto regulations, says U.S. Senator

Pressure is mounting on the United States Securities and Exchange Commission [SEC]. Since, not just fintech stakeholders, but even senators call on Congress to clear the muddied waters of crypto laws The post 'Federal agencies should answer questions' about crypto regulations, says U.S. Senator appeared first on AMBCrypto.

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US Senator Endorse BTC, El Salvador Owns $67 Million Worth Bitcoin Now

US Senator: Bitcoin Will Be The World’s Reserve Currency After the recent approval of the Bitcoin ETF by the SEC, more eyes are on the cryptocurrency now. US Senator Rand Paul cited that Bitcoin’s finite nature would be a great advantage against the unlimited nature of fiat currency.

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US: Pro-Crypto Senator Reveals Substantial Bitcoin (BTC) Holdings

Bitcoin-friendly US Senator Cynthia Lummis has added $100,000 worth of Bitcoin to her portfolio. This development was revealed late Thursday per a Periodic Transaction Report filed with the U. S Securities and Exchange Commission (SEC).

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Pro-crypto senator agrees that stablecoins must be backed by cash

The issue of whether or not stablecoins are safe to use if they are not backed by cash became a very hot topic recently after the SEC chair, Gary Gensler, first gave voice to the matter. Now, his views are seemingly mirrored by Cynthia Lummis, a well-known pro-crypto Republican Senator, indicating that Lummis shares Gensler’s […] The post Pro-crypto senator agrees that stablecoins must be backed by cash appeared first on Invezz.

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Ripple writes to U.S Senator on regulatory 'havoc and confusion'

SEC v. Ripple has generated a great deal of press and provoked strong words from stakeholders on both sides. As the lawsuit drags on, more American politicians have come out to express their views on The post Ripple writes to U.

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US Senator puts pressure on SEC chair Gensler, says China’s crypto crackdown is a ‘big opportunity’ for America

Senator Pat Toomey of Pennsylvania said that China’s authoritarian crackdown on crypto should be taken as an advantage by the US.  To seize the opportunity, the US regulators need to change their “regulation-by-enforcement” ways, according to the Banking Committee Ranking Member, Toomey, who recently pressured the Securities and Exchange Commission (SEC) Chairman Gary Gensler to […] The post US Senator puts pressure on SEC chair Gensler, says China’s crypto crackdown is a ‘big opportunity’ for America appeared first on CryptoSlate.

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Senator Toomey Urges US Lawmakers to Adopt Crypto and Gain ‘Huge’ Advantage over China

Crypto supporter Senator Pat Toomey (R-Pa) also wrote a letter to SEC Chair Gary Gensler in which he admonished the agency for its “regulation-by-enforcement” strategy and called for more regulatory clarity.

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SEC v Crypto, The Checkmate

“As to the people and the companies that you regulate as chairman of the SEC, do you consider yourself to be their daddy?” – asks Senator John Kennedy. “No, no,”...

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Senator Pat Toomey Wants SEC to Provide Clarity As to Which Crypto They View as Security

US Senator Pat Toomey has just spoken to CNBC's Squawk Box, saying that the SEC must provide clarity as to by which metrics they determine certain cryptos are securities

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SEC Creates A Stand-Alone Office to Conduct Investigations into Crypto and Other Digital Assets: Report

“Crypto is the new shadow bank,” says Senator Elizabeth Warren, who says regulators should consider banning the banks in the US from holding cash deposits backing up stablecoins to effectively end the growing market.

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