The U.S. Securities and Exchange Commission’s unrelenting crackdown on unregistered initial coin offerings has claimed another victim—this time, an online gaming and gambling platform that attracted a star-studded list of investors.
-
- SEC Commissioner Hester Peirce called for a more innovation-friendly environment for crypto firms in a Senate Banking Committee hearing (Photo: U.S. Senate)
“Crypto Mom” tells Senate crypto is here to stay
At a hearing for a second term on the Securities and Exchange Commission, Hester Peirce called for clearer regulations on selling cryptocurrencies, and took issue with the project-killing lawsuit against Telegram
Speaking at a hearing on her nomination for a second term on the Commission, the Republican appointee promised to “redouble” her effort to create such an environment in order to spur innovation and attract new entrants to the industry.
- As Bitcoin ETF foil Jay Clayton departs the SEC, there are no tears in Cryptoville (Photo: YouTube/CNBC)
Jay Clayton’s leaving the SEC. Could this be crypto’s big break?
There are hopes that his successor as SEC commissioner will increase the likelihood of a Bitcoin exchange-traded fund finally being approved
SEC chairman Jay Clayton has been nominated as high-powered position as the U.S. Attorney for the Southern District of New York. Now, nerves are growing as to who will be tapped to take on his regulatory role, where he has been a persistent thorn in the side of Bitcoin and cryptocurrency boosters.
-
‘Crypto Dad’ Chris Giancarlo: XRP is not a security
The former Commodity Futures Trading Commission chair was a leading force in removing the scarlet ‘S’ from bitcoin and ether, and he remains influential. But making the same argument for XRP is weakened as his law firm works for Ripple
Former Commodity Futures Trading Commission chair and “Crypto Dad” Chris Giancarlo argued forcefully in a June 17 column that XRP is not a security but a currency under U.S. law. That’s a huge, potentially life-or-death question for Ripple.