SEC | ForkLog - Part 55

ForkLog 11 24.09.2021

Crypto provisions included in US defense budget bill.

The US House of Representatives included a cryptocurrency provision in the defense budget bill. It is expected that American regulators should clearly delineate responsibilities in the digital asset market.

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ForkLog 18 23.09.2021

Mike Novogratz flags Gary Gensler’s bid to be the industry’s sheriff

The head of the U.S. Securities and Exchange Commission Gary Gensler is “taking aim at” the industry, but that does not necessarily spell its demise. Galaxy Digital founder Mike Novogratz expressed this view at a Messari conference.

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ForkLog 15 22.09.2021

Court denies Ripple access to data on SEC employees’ cryptocurrency transactions

The court denied Ripple's motion to disclose information about the SEC employees' transactions in Bitcoin, Ethereum and XRP. This was reported by attorney James Filan.

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ForkLog 25 22.09.2021

Gensler calls stablecoins poker chips in a Wild West crypto casino

Chairman Gary Gensler, in a Washington Post interview, drew an analogy with the Wild West regarding consumer protection in the cryptocurrency market.

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ForkLog 12 21.09.2021

Crypto community alarmed by SEC appearance at New York conference

An attendee of the Mainnet 2021 conference in New York said he witnessed SEC representatives handing a subpoena to one of the speakers just before he went on stage.

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ForkLog 15 21.09.2021

Investor advocates urge the SEC to step up crackdown on cryptocurrencies

Many cryptocurrency projects flout investor-protection rules and deserve closer scrutiny, a group of U.S. public-interest organizations told SEC Chair Gary Gensler.

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ForkLog 34 20.09.2021

Coinbase abandons crypto-savings accounts plan after SEC threat

The bitcoin exchange Coinbase abandoned plans to launch crypto-savings accounts based on USD Coin (USDC) at 4% APY after threats of a lawsuit from the SEC. This is stated in the company's blog.

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ForkLog 20 20.09.2021

First US-based DAO files for token registration and trading

Registered in Wyoming as a DAO, The American CryptoFed filed with the SEC on forms 10 and S-1 to register and trade the algorithmic stablecoin Ducat and the associated governance token Locke.

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ForkLog 22 16.09.2021

SkyBridge Capital raises $100 million for Algorand-focused fund

SkyBridge Capital has raised $100 million for a fund focused on the Algorand blockchain, according to founder Anthony Scaramucci in an interview with CNBC.

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ForkLog 10 16.09.2021

Media questions the SEC’s divergent approach to Ethereum and XRP

The reason why the SEC does not consider Ethereum a security is that it is a fully built blockchain infrastructure that has been operating for years.

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ForkLog 28 15.09.2021

Fidelity presses SEC on approval of Bitcoin-ETF filing

Tom Jessop, head of Fidelity Investments’ digital assets division, and his colleagues at a meeting with SEC officials laid out arguments in favour of approving a Bitcoin ETF.

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ForkLog 25 15.09.2021

Senator Elizabeth Warren discussed the crypto market crash with Gary Gensler

The crypto market crash and the related outages on bitcoin exchanges underscore the need for regulation of the industry by the U.S. Securities and Exchange Commission (SEC). Senator Elizabeth Warren expressed that view at a Banking Committee hearing.

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