Gary Gensler

Two Democratic U.S. senators urged Securities and Exchange Commission Chair Gary Gensler not to go any further in approving future crypto products following its approval of spot Bitcoin (CRYPTO: BTC) exchange-traded funds earlier this year.  Sens. Laphonza Butler of California and Jack...

U.S. Securities and Exchange Commission (SEC) chair Gary Gensler on Thursday emphasized the importance of transparent, fair, and truthful disclosures from banks to protect investors and support informed decision-making. What Happened: Gensler addressed various pressing issues within the...

Sen. Elizabeth Warren (D-Mass.) took a swipe at the MAGA Republican movement, commenting on the origins of her newest Senate challenger.  What Happened: She said in a tweet on Tuesday, “Apparently, the MAGA Republican machine couldn't find a single Republican in Massachusetts to run...

A coalition of leading banking and financial institutions has formally petitioned the U.S. Securities and Exchange Commission (SEC), under the leadership of Chair Gary Gensler, seeking amendments to a regulatory guideline known as "SAB 121." This guideline, established in March 2022, has...

Companies seeking to capitalize on the burgeoning artificial intelligence (AI) market must be cautious about misleading investors with exaggerated or inaccurate claims about the technology’s impact on their business, according to Securities and Exchange Commission (SEC) Chairman Gary Gensler...

Securities and Exchange Commission (SEC) Chair Gary Gensler on Wednesday addressed the ongoing debate surrounding Bitcoin (CRYPTO: BTC) and other cryptocurrencies, expressing concerns about investor protection and highlighting the asset's association with illicit activities. A 'Clever'...

A group of U.S. senators criticized the Securities and Exchange Commission over its handling of a cryptocurrency-related case, raising questions about the regulator’s broader enforcement practices. What Happened: The senators on the Senate Banking Committee, including J.D. Vance (R-Ohio) and...

Fierce discussions are taking place regarding the enactment of U.S. stablecoin legislation, according to Sen. Cynthia Lummis (R-Wyo.). The Senator remains hopeful about the possibility of the legislation being passed within the first half of 2024. What Happened: On Thursday, Sen. Lummis in an...

The U.S. Securities and Exchange Commission (SEC) adopted new rules that change how SPACs will communicate their offerings to the public. What Happened: SPACs, or special-purpose acquisition companies, were a popular investment method. They proved to be a once-popular way for companies to go public...

The Securities and Exchange Commission (SEC) on Monday revealed that a fake tweet sent from the agency's official account on Jan. 9, which falsely announced the approval of spot Bitcoin (CRYPTO: BTC) ETFs, was the result of a "SIM swap" attack. The erroneous tweet, released just...

Senator Elizabeth Warren (D-MA) cited a U.S. Government Accountability Office (U.S. GAO) report on X, saying “rogue nations are using crypto to dodge sanctions and undermine our national security.” Her tweet drew massive backlash from the crypto community and industry experts...

Gold bug and economist Peter Schiff anticipates a potential drop in Bitcoin’s (CRYPTO: BTC) value following the Securities and Exchange Commission’s (SEC) approval of several spot Bitcoin ETFs as a precursor to stricter crypto regulations. What Happened: Schiff on Tuesday posted on X...

South Korea maintains its firm stance against recognizing virtual assets as financial assets and continues to prohibit financial institutions from investing in them. In a recent discussion, an official from South Korea's Financial Services Commission reiterated the government's consistent...

As the Securities and Exchange Commission (SEC) breaks a decade-long impasse by approving the listing and trading of spot Bitcoin exchange-traded funds (ETFs), the decision is met with mixed reactions within the commission. The landmark decision laid bare a deep fault line between commissioners,...

In a recent interview, Cathie Wood, the CEO of Ark Investment Management LLC, expressed her surprise at the stance taken by Securities and Exchange Commission (SEC) Chair Gary Gensler towards the crypto space after the approval of Bitcoin exchange-traded funds (ETFs). What Happened: On Thursday,...