Gary Gensler News

The U.S. Securities and Exchange Commission has filed charges against Cumberland DRW LLC for operating as an unregistered dealer. The SEC alleges that Cumberland, a Chicago-based crypto market maker, bought and sold over $2 billion in crypto assets, including those…

Gary Gensler reaffirmed the SEC’s Bitcoin position and once again chastised the crypto industry for widespread non-compliance. Bitcoin (BTC) is not a security, U.S. Securities and Exchange Commission chair Gary Gensler said on Thursday, Sept. 26, while speaking to Squawk…

Senate Republicans have introduced legislation that would require the SEC chair, currently Gary Gensler, to testify before Congress twice a year.  This move comes amid mounting criticism of SEC Chair Gary Gensler’s leadership and the agency’s approach to regulating the…

Republican lawmakers have strongly requested that the U.S. Securities and Exchange Commission repeal a controversial rule for banks that deal with crypto. Yesterday, Sept. 23, a group of more than 40 members of Congress sent signed letters to the heads of…

All five SEC commissioners, including crypto-skeptic chair Gary Gensler, testified at a full congressional hearing where the agency was criticized for its “scorched earth” regulatory approach. Gary Gensler, chair of the U.S. Securities and Exchange Commission, along with commissioners Hester…

In an interview, Paul Grewal, Coinbase’s Chief Legal Officer, said that a shift is coming in the U.S. crypto legislative landscape. He forecasted the emergence of a “pro-crypto” Congress following the 2024 elections.  Grewal discussed in a Bloomberg Crypto interview…

Rumors are circulating that Securities and Exchange Commission Chairman Gary Gensler may be nominated as Treasury Secretary if Vice President Kamala Harris wins the presidential election in November. According to the Washington Reporter, speculation is mounting that Gensler could be…

Coinbase and the SEC are locked in a legal showdown over the exchange’s attempt to subpoena Gary Gensler’s communications. The ongoing legal battle between Coinbase and the U.S. Securities and Exchange Commission has taken a new turn. The crypto exchange…

American politicians who support the crypto industry spoke out at the Bitcoin 2024 conference held in Nashville from July 25 to 27. The crypto.news editorial team has collected the main topics voiced at the conference. U.S. to become the world’s…

U.S. presidential candidate Donald Trump has promised to fire the head of the Securities and Exchange Commission on his first day in office. Let’s deep dive into Gensler’s career and the scandals surrounding his name. At the Bitcoin 2024 conference,…

Tyler Winklevoss has stressed the urgent need for a new SEC Chair to be appointed before the upcoming U.S. elections. Winklevoss urges swift SEC leadership change before the election In a recent post on X, Tyler Winklevoss, co-founder of Winklevoss…

Coinbase has urged a New York court to order the United States Securities and Exchange Commission to produce documents related to Gary Gensler’s internal discussions. In a new court filing, Coinbase lawyers are seeking access to documents and communications from…

Messari’s head is ready to accuse the SEC of corruption and ineffective regulation of the crypto industry. Ryan Selkis, CEO and co-founder of Messari, said he would no longer cooperate with the U.S. Securities and Exchange Commission (SEC) in any…

Former Democratic Representative Tim Ryan believes crypto is gaining popularity in the Democratic party. With crypto gaining popularity as a political issue in the United States, it’s no surprise that Democrats are starting to embrace the crypto industry. This not-so-subtle…

U.S. Independent Presidential candidate Robert F. Kennedy Jr said transactional freedom through crypto must be protected to ensure economic growth.

Today’s edition of the weekly recap: spot Ethereum ETFs are happy; Bitcoin reclaimed the $71,000 threshold; lawmakers passed the FIT21 bill to ensure crypto regulatory clarity.