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

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

Bitcoin evangelist Michael Saylor says clear crypto regulations would speed institutional adoption

Tighter government crypto regulations would actually be a positive catalyst for bitcoin, MicroStrategy co-founder and CEO Michael Saylor told CNBC on Wednesday. “Additional regulatory clarity from the [Biden] administration is going to benefit bitcoin and accelerate institutional adoption of that asset,” Saylor said on “Squawk on the ...Read More

White House Wants Crypto Rules as a Matter of National Security

The Biden administration is preparing to release an executive action that will task federal agencies with regulating digital assets such as Bitcoin and other cryptocurrencies as a matter of national security, a person familiar with the White House’s plan tells Barron’s. The national security memorandum, ...Read More

The Senate will get its best shot at regulating Big Tech, and Apple, Google and Amazon are already playing defense

One of lawmakers’ best shots at passing transformative antitrust legislation on Big Tech will be within reach on Thursday. The Senate Judiciary Committee is set to deliberate on the American Innovation and Choice Online Act, which some experts consider to have the most realistic chance of becoming law out ...Read More

Here’s what leaders at Coinbase, FTX, BlockFi and other crypto companies are saying about regulation

Regulatory uncertainty has always been a cloud hanging over the crypto world, especially now, as the U.S. regulators pay closer attention and occasionally send warnings to the fast-developing industry. This week, executives at major crypto companies including Coinbase COIN, +0.13%, FTX, BlockFi, Circle, Gemini and Solana expressed ...Read More