Cryptocurrency

Cryptocurrency

Gary Gensler’s Old Crypto Lecture Video Stuns Coinbase CEO

A 2018 video of Gary Gensler, former professor at Massachusetts Institute of Technology (MIT) and current chair of the Securities and Exchange Commission (SEC), is making rounds on Twitter where he says that cryptocurrencies are as valuable as commodities or cash and are not securities. What Happened: The video is ...Read More

Do Kwon Challenges SEC’s Jurisdiction in Multibillion-Dollar Crypto Securities Fraud Case

Attorneys defending the co-founder of Terraform Labs, Do Hyeong Kwon, also known as Do Kwon, have presented their argument that says the U.S. Securities and Exchange Commission (SEC) has no jurisdiction in the matter. The legal team asserts that U.S. law precludes regulators “from ...Read More

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

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