Congressman Tom Emmer is pushing the U.S. Securities and Exchange Commission (SEC) to provide clear rules on digital asset airdrops, arguing that current regulatory uncertainty is stifling innovation and blocking American participation in blockchain projects. He emphasized the importance of airdrops in decentralizing networks and shaping the future of blockchain, criticizing the SEC’s approach under…
Congressman French Hill has raised concerns over the U.S. Securities and Exchange Commission (SEC)’s handling of digital asset regulations, criticizing Chairman Gary Gensler’s leadership for creating legal uncertainty and a politicized approach. The lawmaker highlighted his subcommittee’s legislative successes but expressed frustration with the SEC’s broad and unclear regulations, which he argued burden digital asset…
September 17, 2024 at 12:30 PM GST updated: September 17, 2024 at 11:43 AM 2 mins read News All five SEC Commissioners will testify before the House Committee for the first time since 2019, amidst scrutiny of the agency. SEC Chair Gary Gensler faces allegations of violating federal law by considering political affiliations in hiring…
September 14, 2024 at 11:50 AM GST updated: September 14, 2024 at 11:41 AM 2 mins read News Gary Gensler faces investigation over alleged politically motivated hiring practices at the SEC, with a compliance deadline of September 24, 2024. The SEC filed an amended complaint against Binance, revising its stance on the classification of tokens…
Bitcoin may rise to $90,000 by the end of the year if former U.S. President Donald Trump wins the presidential election, according to brokerage and research firm Bernstein. The firm’s analysts believe that Trump’s pro-crypto stance and regulatory reforms could boost the cryptocurrency market while a Kamala Harris victory may cause bitcoin to fall below…
September 9, 2024 at 01:20 AM GST updated: September 9, 2024 at 01:22 AM 2 mins read News The removal of Gary Gensler as the chairman by the Vice President Kamala Harris has created a lot of ambiguity in the cryptocurrency. The resignation may well indicate a potential change of tack to a more pro-crypto…
Former U.S. President Donald Trump has released a fourth series of non-fungible token (NFT) digital trading cards. The collection includes 50 unique cards, featuring images such as Trump holding bitcoin. Collectors may receive a physical trading card containing a piece of a suit worn during the presidential debate with Joe Biden and could be invited…
There are growing rumors in Washington that Vice President Kamala Harris may nominate SEC Chair Gary Gensler as Treasury Secretary if she wins at the polls in November. Those rumors corroborate what top Republicans have also told the Washington Reporter on the record it reported on Aug. 19. Speaking to the outlet, Minnesota representative Tom…
While the Republican platform addresses the issue of cryptocurrency and bitcoin, the Democratic Party’s latest platform remained silent on the matter. Adding to the buzz, there are whispers that Kamala Harris’s campaign might be eyeing Gary Gensler, the current head of the U.S. Securities and Exchange Commission, for the role of Treasury Secretary. Democrats’ Latest…
Tyler Winklevoss, co-founder of crypto exchange Gemini, has called on the 50 million American cryptocurrency owners to unite and press Vice President Kamala Harris to fire U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler before the upcoming presidential election in November. He believes this action could end the “war on crypto” and make the…