SEC Chair Gensler says agency is planning greater oversight of crypto markets to protect investors

Securities and Exchange Commission Chair Gary Gensler said on Monday that his agency is aiming to exercise greater regulatory oversight of the $2 trillion cryptocurrency market to protect investors from an onslaught of scams. In a speech delivered virtually, Gensler said the SEC plans to register and ...Read More

Blockchain Forensics Firm Uncovers 15 Million Crypto Addresses Tied To Sanctioned Russians

A crypto forensics firm announced the discovery of information on a digital wallet believed to be associated with Russian oligarchs and sanctioned officials. Tom Robinson, co-founder of Elliptic, disclosed Monday that the wallet has large digital asset holdings worth millions of dollars. Illicit Crypto ...Read More

SEC Proposes to Redefine “Exchange”—New Definition Could Subject Blockchain Crypto Platforms to SEC Regulation

The Securities and Exchange Commission (“SEC” or “Commission”) has released a proposal to amend Exchange Act Rule 3b-16, Regulation ATS, and Regulation SCI.1  Criticized by SEC Commissioner Hester Peirce as “too wide-ranging” and “unwieldy” with too short of a comment period,2 the proposed rule, which ...Read More