SEC | ForkLog - Part 9

ForkLog 11 26.12.2024

Hester Peirce: A Revamped SEC May Be More Crypto-Friendly

SEC will fundamentally change its enforcement approach with a shift in personnel, according to Commissioner Hester Peirce. “I hope we return to the understanding that we are a regulatory agency within the executive branch, not an executive body that does not engage in regulation,” Peirce noted at the Blockchain Association summit. According to her, the […]

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ForkLog 8 17.12.2024

CyberKongz NFT Project Faces Potential SEC Charges

The team behind the NFT collections CyberKongz has announced that the U.S. Securities and Exchange Commission (SEC) may bring charges against them. CyberKongz has received a Wells Notice from the SEC. We are extremely disappointed at the approach the SEC has taken towards us, but we are going to stand up and fight for a […]

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ForkLog 11 13.12.2024

US Groups Oppose SEC ‘Purge’ of Democrats

Over 40 organizations and associations in the United States have urged the Senate to confirm Democratic Party representative Caroline Crenshaw for another term as a commissioner of the SEC. “The reality of a bipartisan Commission is at stake. The incoming [Donald] Trump administration has indicated it is considering abandoning the tradition whereby the opposition party […]

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ForkLog 19 10.12.2024

Hester Peirce Outlines SEC’s Post-Gensler Agenda

Known as “Crypto Mom,” SEC Commissioner SEC Hester Peirce outlined three key areas for improvement in digital asset regulation during an interview with Fox Business. Firstly, she believes the agency should cease attempts to restrict industry companies’ access to banking or custodial services. Peirce compared the Commission’s approach to the U.S. Justice Department’s Operation Choke […]

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ForkLog 15 06.12.2024

SEC to Reject Two Solana-ETF Applications, Reports Suggest

The SEC has informed at least two of the five issuers of spot Solana-ETFs that it intends to reject their 19b-4 forms, according to Fox Business journalist Eleanor Terrett. ?SCOOP: I’ve confirmed that the @SECGov has notified at least two of the five prospective issuers that it will reject their 19b4 filings for the $SOL […]

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ForkLog 43 05.12.2024

Trump Nominates Paul Atkins as SEC Chair

Donald Trump has nominated former SEC commissioner Paul Atkins to lead the agency. The crypto industry has welcomed the president-elect’s choice. U.S. President-elect Donald Trump has officially nominated Paul Atkins as chairman of the SEC. The politician announced this on his social media platform, Truth Social. “Paul is a proven leader in common-sense regulation. He […]

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ForkLog 12 04.12.2024

Paul Atkins Unlikely to Lead SEC as Journalists Eye Other Candidates

Previously identified by the media as the leading candidate for the chair of the SEC, Paul Atkins has been interviewed by U.S. President-elect Donald Trump, according to CoinDesk citing sources. However, insiders noted that Atkins is not attracted to the position due to the workload. He believes the bloated federal agency requires significant reorganization following […]

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ForkLog 23 03.12.2024

Coinbase Severs Ties with Law Firms Employing Former SEC Officials

The American company Coinbase will cease working with law firms that have hired former SEC employees who opposed cryptocurrencies, according to CEO Brian Armstrong. We’ve let all the law firms we work with know, that if they hire anyone who committed these bad deeds in the (soon to be) prior administration, we will no longer […]

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ForkLog 21 28.11.2024

Trump’s Crypto Priorities Highlighted by ‘Crypto Czar’ Candidate

Digital assets are a “considerable priority” for Donald Trump’s administration, according to former CFTC Chairman Christopher Giancarlo, who is a candidate for the role of “crypto czar,” reports The Block. “The elected president has meticulously outlined a series of initiatives to transform the U.S. into the crypto capital of the world,” he noted. Giancarlo highlighted […]

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ForkLog 7 27.11.2024

Paul Atkins Emerges as Leading Candidate for SEC Chair

Former SEC Commissioner Paul Atkins has emerged as the leading candidate to head the agency under Donald Trump’s administration, according to Eleanor Terrett of FOX Business, citing two sources. ?NEW: Former SEC commissioner Paul Atkins is said to still be the favorite among top transition team members to lead the @SECGov, according to two sources […]

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ForkLog 10 27.11.2024

Trump Administration to Grant CFTC Oversight of Certain Cryptocurrencies

The administration of Donald Trump seeks to place certain cryptocurrencies under the jurisdiction of the CFTC, according to Fox Business. Sources from Fox indicate that if the decision is made, the Commission will oversee all digital assets deemed to be commodities. This list includes Bitcoin and Ethereum, as well as the markets where they are […]

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ForkLog 22 25.11.2024

SEC Collects $8.2 Billion in a Year, Over Half from Terraform Labs Settlement

The SEC secured a record $8.2 billion through enforcement actions, with $4.47 billion stemming from a settlement with Terraform Labs (TFL). The regulator collected $2.1 billion in fines and $6.1 billion in payments to affected investors. Total figures increased by 65.5% compared to the previous year. Data: SEC. The reported data corresponds to the fiscal […]

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