Tag: gary Gensler

Congress attempts to curb SEC’s overreach as chair Gensler shows interest in reviving FTX

In a recent congressional session, Minnesota Representative Tom Emmer openly criticized the Biden Administration and SEC Chair Gary Gensler, as the U.S. House greenlit his amendment to control SEC enforcement abuses against the digital asset industry. This occurred as Gensler expressed willingness to the revival of the defunct crypto exchange FTX, contingent on legal compliance. […]

CFTC takes charge in crypto enforcement, overpowers SEC in digital asset regulation

The Commodity Futures Trading Commission (CFTC) has declared itself a leading authority in crypto enforcement, surpassing previous records with a significant number of cases this fiscal year. The CFTC has taken unprecedented steps in policing the digital asset market during the fiscal year 2023. The agency initiated 47 actions related to digital asset commodities, accounting […]

Legislation proposed to slash SEC chair’s salary to mere $1 annually

A new legislative amendment aiming to reduce the salary of Securities and Exchange Commission (SEC) Chair, Gary Gensler, to just $1 per year has been proposed by a U.S. lawmaker. The proposed amendment to the Financial Services and General Government (FSGG) bill, put forward by Rep. Tim Burchett, is part of a broader initiative to […]

SEC Gary Gensler confirms in review of Spot Bitcoin ETF applications; approval anticipated

The US Securities and Exchange Commission (SEC) is currently reviewing eight to ten applications for spot Bitcoin ETFs. This was confirmed by SEC Chair Gary Gensler, sparking speculation that approval may be imminent. Gensler explained that these applications could potentially come before the five-member commission. He refrained, however, from providing a specific timeline or pre-judging […]

Bitcoin’s price rollercoaster causes $147 Million in liquidations

A recent dip in Bitcoin’s value has resulted in over $147 million in liquidations within the last 24 hours. The retracement followed a high earlier this week when the cryptocurrency surpassed $35,000. Data from Coinglass suggests that short positions bore the brunt of the impact, with nearly $80 million liquidated compared to just over $68 […]

SEC’s Gensler remains mum on Bitcoin ETFs future after Grayscale setback

The Chairman for the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has refrained from detailing the future for spot bitcoin exchange-traded funds (ETFs). This comes in the wake of a court order directing the regulator to withdraw its opposition to an application from Grayscale Investments. Gensler, while addressing questions at a Securities Enforcement Forum […]

The Inside Story of Jaynti Kanani’s Departure From Polygon

🚀 GM, Grab your favorite beverage (even if it’s a little early, we won’t tell), and get ready for the juiciest headlines that have been lighting up the Internet this week! 📰 1️⃣ The Intricacies Behind Jaynti Kanani’s Departure and the Future of Polygon 2.0 2️⃣ Dogecoin NFT Community ‘Own The Doge’ Is Installing Kabosu […]

Sam Bankman-Fried Pondered $5 billion Offer To Trump To Bow Out Of 2024 Race

🚀 GM, Grab your favorite beverage (even if it’s a little early, we won’t tell), and get ready for the juiciest headlines that have been lighting up the Internet this week! 📰 1️⃣ Less Than Stellar Debut For Ethereum Futures Etfs By Vaneck, Proshares, And Valkyrie 2️⃣ Sam Bankman-Fried Pondered $5 billion Offer To Trump […]

Editor’s Wrap: Don’t lose life over Bitcoin, Ethereum price charts

🚀 GM, Grab your favorite beverage (even if it’s a little early, we won’t tell), and get ready for the juiciest headlines that have been lighting up the Internet this week! 📰 1️⃣ Valkyrie is the first to provide ETH ETF futures And The Crypto Market Is Booming 2️⃣ Zuckerberg’s Metaverse Is Coming to Life […]