SEC | ForkLog - Part 10

ForkLog 63 22.11.2024

Gary Gensler’s Departure: A Retrospective on the SEC Chair’s Tenure

On January 20, 2025, one of the most unpopular figures in the cryptocurrency community, Gary Gensler, will step down as the head of the SEC. On January 20, 2025 I will be stepping down as @SECGov Chair. A thread ?⬇️ — Gary Gensler (@GaryGensler) November 21, 2024 “I thank President [Joe] Biden for entrusting me […]

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ForkLog 29 20.11.2024

Trump’s Team Expands List of Candidates for SEC Chair

According to numerous news reports, a list of candidates has emerged for the position of chairman of the SEC under Donald Trump’s future administration. As reported by CoinDesk, another candidate is Teresa Goody Guillen, a partner at the law firm BakerHostetler. Other candidates under consideration include: Robert Stebbins, partner at Willkie Farr & Gallagher LLP; […]

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ForkLog 24 19.11.2024

Nasdaq to List Options on BlackRock’s Spot Bitcoin ETF

On November 19, Nasdaq will commence trading options on BlackRock’s spot BTC-ETF, according to Decrypt, citing exchange representatives. The listing is made possible by the approval from the Options Clearing Corporation (OCC), which was the final hurdle following the green light from the SEC. Re bitcoin ETF options, now the OCC just posted a response […]

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ForkLog 18 17.11.2024

Tyler Winklevoss Denounces SEC Chair Gary Gensler

Gemini co-founder Tyler Winklevoss has denounced Gary Gensler, the head of the U.S. Securities and Exchange Commission (SEC), labeling him as “evil.” Let’s all be clear on one thing. @GaryGensler is evil. He should never again have a position of influence, power, or consequence. Any company, university, or organization that hires or works with him […]

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ForkLog 3 15.11.2024

Bitcoin Faces Correction Risks Amid High Leverage, Warns Expert

The distribution of implied volatility in the bitcoin options market suggests a high probability of trading at lower levels, according to experts from Blofin, as reported by CoinDesk. “Traders have reached an implicit consensus that prices for the leading cryptocurrency and altcoins are still high, and a pullback is possible,” commented the specialists. Blofin noted […]

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ForkLog 9 15.11.2024

US Authorities Accuse SEC of Overreaching in Crypto Crackdown

Attorneys general from 18 US states and the DEF have filed a lawsuit against the SEC and its five commissioners, accusing them of unconstitutional overreach and unfair persecution of the crypto industry. The case has been filed in the District Court for the Eastern District of Kentucky. ?SCOOP: 18 U.S. states have filed to sue […]

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ForkLog 10 11.11.2024

Cathie Wood Advocates for SEC Easing, Elon Musk Supports Fed Closure

The founder and CEO of ARK Invest, Cathie Wood, has predicted an influx of investments in cryptocurrencies and new technologies following a “changing of the guard” at the SEC and the FTC. Deregulation (defanging the SEC, FTC, and others), government spending cuts (making room for the private sector), tax cuts, and a focus on technologically […]

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ForkLog 28 09.11.2024

SEC Postpones Decision on Spot Ethereum ETF Options Again

The U.S. Securities and Exchange Commission (SEC) has delayed its decision on the New York Stock Exchange’s (NYSE) proposal to list options based on spot Ethereum ETFs. The document mentions Bitwise Ethereum ETF, Grayscale Ethereum Trust, and Grayscale Ethereum Mini Trust, as well as “any trust holding ether.” The agency had planned to decide on […]

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ForkLog 5 07.11.2024

CoinShares Explores Bitcoin Reserve Prospects Under Trump

The administration of Donald Trump is likely to create more favorable conditions for cryptocurrencies, including the adoption of a Bitcoin law. This conclusion was reached by CoinShares. “The proposal will establish digital gold as a strategic reserve asset, with the US government able to acquire up to 5% of the available issuance,” the report states. […]

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ForkLog 6 07.11.2024

Trump’s Crypto Policy Priorities: Ending SEC Enforcement and DOJ’s Tornado Cash Prosecution

Donald Trump’s cryptocurrency policy priority will be to halt enforcement actions by the SEC and the Department of Justice’s pursuit of Tornado Cash. This was stated by Variant Fund’s CLO Jake Chervinsky. The top crypto policy priority for Trump must be ending Biden’s attempt to destroy the industry via regulation by enforcement. This means dropping […]

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ForkLog 34 06.11.2024

Crypto Industry Awaits Change as Trump’s Victory Sparks Optimism

The election of Republican candidate Donald Trump as President of the United States is seen as a catalyst for the development of the digital asset sector in the country, according to participants in the crypto industry. Gemini co-founder Cameron Winklevoss expressed satisfaction with the outcome of the race. Time to build baby build! ?? — […]

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ForkLog 7 05.11.2024

Binance Lawyers Seek Dismissal of SEC’s Revised Complaint

Lawyers representing Binance and its former CEO Changpeng Zhao have filed a motion to dismiss the amended complaint by the SEC. “The SEC verbally acknowledges the court’s decision that crypto assets are not ‘securities’ in themselves, yet refuses to accept the logical conclusion from it,” the document states. On June 29, Judge Amy Berman Jackson […]

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