Gensler disclosed that the SEC is actively reviewing rules that could potentially hurt the crypto industry. In a recent interview with CoinDesk, Gary Gensler, chairman of the United States Securities and Exchange Commission (SEC), voiced his concerns regarding the crypto industry, noting that the space is rife with fraud and bankruptcies. The SEC chair said…
While SEC Chair Gary Gensler acknowledged constructive dialogue in Bitcoin ETF applications, he also warned of persisting non-compliance issues in the crypto space. On Thursday, December 14, SEC Chair Gary Gensler revealed that the agency’s reevaluation of applications for a spot bitcoin exchange-traded fund (ETF) incorporates insights from recent court decisions. This marks a notable…
Gary Gensler, the current Chair of the U.S. Securities and Exchange Commission (SEC), hinted at a potential shift in the SEC’s perspective regarding spot Bitcoin exchange-traded fund (ETF) applications during an interview with CNBC. In the CNBC interview, Gensler disclosed that the SEC is actively reconsidering its approach to spot Bitcoin ETF applications. “And as…
As a Democratic-affiliated SEC Commissioner, Gary Gensler has shifted his regulatory role to a politician seeking to be appointed as Treasury Secretary according to some Congressmen. The nomination of the 33rd Chair of the United States Securities and Exchange Commission (SEC), Gary Gensler on April 17, 2021, was viewed as a huge relief in the…
Today, SEC Chair Gary Gensler took to X (Twitter) to commemorate the 15th anniversary of the Bitcoin white paper. Gensler, who was nominated by President Biden to serve as SEC Chair in 2021, celebrated the publication of the original Bitcoin white paper by the pseudonymous creator Satoshi Nakamoto, along with a message that read, “If Satoshi Nakamoto went…
Wang’s testimony was part of a plea agreement with prosecutors stemming from his guilty plea filed in December 2022. In a riveting turn of events at the ongoing criminal trial of FTX founder Sam Bankman-Fried (SBF), Gary Wang, the company’s former chief technology officer, unveiled startling revelations about the inner workings of the exchange and…
The SEC Chair requested Congress for more funding this fiscal year to enhance and match emerging technologies like blockchain and artificial intelligence. On Tuesday, the Chairman of the United States Securities and Exchange Commission (SEC) Gary Gensler testified before the Senate Banking Committee at the Capitol building. During the hearing, Gensler was grilled on the…
Michael Kovac/Getty Images Entertainment Gary Friedman: A Controversial Figure We have followed RH (NYSE:RH) for several years now. For those interested in RH, it is important to follow Gary Friedman, the company’s CEO and Chairman. Friedman is a controversial figure. He had a strong resume, having previously served brands like Williams-Sonoma (WSM) and Pottery Barn,…
Republican lawmakers have questioned whether the US SEC has assured enough security measures before granting Prometheum Inc. the license to operate as crypto broker. Republican lawmakers at the US Congressional Committee overseeing the Securities and Exchange Commission (SEC) are demanding an answer from SEC chair Gary Gensler over how Prometheum Inc secured a unique approval…