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

Jack J. Kelly Archive

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

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler refused to say whether ether (ETH), the second-largest cryptocurrency by market cap, was a security during a nearly five-hour hearing Tuesday. Over the course of the marathon hearing, Gensler fended off questions about whether his ...Read More

Google CEO Sundar Pichai warns society to brace for impact of A.I. acceleration, says ‘it’s not for a company to decide’

Google and Alphabet CEO Sundar Pichai said “every product of every company” will be impacted by the quick development of AI, warning that society needs to prepare for technologies like the ones it’s already launched. In an interview with CBS’ “60 Minutes” aired on Sunday that struck a ...Read More

Crypto Mom Criticizes SEC’s Regulatory Reach: ‘Solving Nonexistent Problems’

The crypto world is debating the SEC’s proposed amendments to exchange regulations, which could impose additional burdens on crypto platforms and hamper innovation, according to Commissioner Hester M. Peirce (aka “Crypto Mom”). The U.S. Securities and Exchange Commission (SEC) announced on April 14 that it is ...Read More

Bittrex crypto exchange shutters US operations due to regulatory uncertainty

“Regulatory requirements are often unclear and enforced without appropriate discussion or input, resulting in an uneven competitive landscape,” Bittrex Chief Executive Officer Richie Lai wrote in the statement, explaining that such an environment has made operating in the U.S. unfeasible. The exchange said that trading ...Read More