The Trump transition team is considering pro-crypto lawyer Teresa Goody Guillén as a potential SEC chair candidate, according to reports. Guillén is currently a partner at BakerHostetler and co-lead of its blockchain team. Last week, Gary Gensler released a statement that suggested he was leaving the agency, and the debate over his replacement has heated…
Este artículo también está disponible en español. Recently, XRP has experienced a significant increase in value, reaching a three-year peak of $1.27. The token is currently trading at $1.09 on a sustained weekly increase of 80%, and many investors are contemplating whether this marks the beginning of a new bull run. Related Reading Nevertheless, a…
Teresa Goody Guillén, a blockchain lawyer, is a leading candidate for SEC chair under Trump. The decision for the new SEC chair is expected before Thanksgiving. President-elect Donald Trump is reportedly considering Teresa Goody Guillén, a seasoned securities attorney and blockchain expert, to chair the U.S. Securities and Exchange Commission (SEC). Goody Guillén, a partner…
Jesse Powell, the founder of Kraken exchange, has voiced strong support for Brian Brooks, the former acting US Comptroller of the Currency, as the next Chair of the Securities and Exchange Commission (SEC). Powell highlighted Brooks’ broad expertise in a Nov. 19 post on X, noting that his understanding extends beyond crypto to the SEC’s…
A crypto mining firm faces a $14 million penalty after admitting to a $2.5 million bribery scheme to secure a Japanese casino contract, which ultimately failed. A Mining Empire’s Downfall: Bribery Scandal Leads to Global Fallout The U.S. Department of Justice (DOJ) and the U.S. Securities and Exchange Commission (SEC) have taken major actions against…
The SEC is at a turning point, and Teresa Goody Guillén might just be the leader it needs. Known for her balanced approach to securities law and blockchain innovation, she’s being considered for SEC chair under Trump’s administration. This move could mark a shift from Gary Gensler’s tough stance on crypto. But is she the…
Ripple’s CEO has warned against SEC Chair candidates tied to past enforcement controversies, urging leadership that fosters innovation and ends punitive crypto regulation. A Name Sparks Debate: Ripple CEO Slams SEC Chair Prospect Brad Garlinghouse, CEO of Ripple, has criticized the potential appointment of Caroline Stebbins as the next U.S. Securities and Exchange Commission (SEC)…
BIT Mining, formerly 500.com, admitted to bribery between 2017 and 2019. The SEC imposed a $4 million civil penalty, credited against a $10 million DOJ fine. BIT Mining Ltd., formerly known as 500.com, has agreed to pay a $10 million penalty to resolve allegations of violating the Foreign Corrupt Practices Act (FCPA). The charges stem…
The crypto industry seems happy to see Brian Brooks as the new chairman and they have posted on this matter with a positive note by using the hashtag BrianBrooks for SEC. Brooks is a prominent figure in the industry who has served in Coinbase, BitFury Group, and Binance. Brooks spoke about the predictions and has…
Ripple CEO Brad Garlinghouse has expressed concerns about the potential appointment of Bob Stebbins as chair of the securities regulator. The industry executive responded to a post on X by crypto researcher ‘Anders’ who described Stebbins as “the old guard candidate for the SEC chair” before adding: “If Trump truly wants to make the US…
Could Brian Brooks be the next SEC Chair? Many seem to think so. A prediction platform lists him as a top contender, and social media is buzzing with support. Brooks, known for his pro-crypto stance, could bring fresh ideas to the SEC. But he’s facing tough competition, including names like Hester Pierce and Dan Gallagher….
SEC Chair Gary Gensler is expected to resign before completing his term, sparking debate over his successor and the potential impact on cryptocurrency oversight and regulation. Speculation Mounts Over Gensler’s Resignation and His SEC Successor Discussion about the next U.S. Securities and Exchange Commission (SEC) chair has intensified on social media, with speculation centered on…
November 18, 2024 at 04:30 AM GST updated: November 18, 2024 at 04:26 AM 2 mins read News XRP surged double digits amid rumors of Ripple CEO’s meeting with President-elect Trump. 18 U.S. states sued the SEC, citing crypto regulation overreach under Gary Gensler. Robinhood relisted XRP after regulatory clarity on Ripple’s SEC lawsuit win….
November 17, 2024 at 04:55 AM GST updated: November 17, 2024 at 04:53 AM 2 mins read News Eighteen US states sue the SEC, alleging overreach in crypto regulation and violation of state rights. The lawsuit claims that the SEC bypassed Congress to enforce crypto rules, undermining state-led innovation. States argue that the SEC’s crypto…
A former SEC enforcement chief has called for Chair Gary Gensler to resign and end crypto enforcement, citing Trump’s victory and stating: “the people have spoken.” Former SEC Enforcement Chief Wants Gary Gensler Step Down and Crypto Cases End Former chief of the U.S. Securities and Exchange Commission (SEC) Office of Internet Enforcement, John Reed…
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms…
During a recent appearance on Fox News, Ripple’s chief executive, Brad Garlinghouse, spoke about the aftermath of Donald Trump’s victory in the 24 US presidential elections. He believes the US crypto industry will benefit a lot from a more ‘lawful’ administration. The US Crypto Industry Won Although it has been just a week or so…
Gary Gensler speculated to resign after Trump’s presidential win reshapes SEC. Controversial crypto policies defined Gensler’s tenure, sparking industry-wide debates. Gary Gensler, Chair of the U.S. Securities and Exchange Commission (SEC), is at the centre of mounting speculation that he will step down in the wake of Donald Trump’s return to the presidency. The political…
For months, the cryptocurrency community has criticized the US Securities and Exchange Commission (SEC) under Chairman, Gary Gensler. Gensler’s aggressive regulatory approach has irked many in the industry, particularly the Ripple executives. Today, critics are taking Gensler to court over what they claim as the agency’s “gross government overreach.” According to Eleanor Terrett of Fox…
After Donald Trump’s victory in the recent presidential elections, the cryptocurrency market has seen staggering growth reaching new heights, and the market is expected to strengthen more in coming sessions. A debate in the wider cryptocurrency market has been going on, as in a speech back in July this year Trump said as soon as…
Ripple’s XRP reached a 16-month high of $0.8452, the highest since early July 2023. Ripple secured a major legal win, allowing progress toward final judgment and halting class claims. XRP has finally joined the crypto bull market, hitting a nearly 16-month high of $0.8452, a level last seen in early July 2023. Over the past…
Latest News Eighteen states filed a lawsuit against the SEC for overreaching crypto regulation. The lawsuit argues the SEC’s actions infringe on states’ economic policies and federalism. Eighteen Republican-led states have filed a lawsuit against the Securities and Exchange Commission (SEC), accusing the agency of overstepping its authority in regulating the $3 trillion crypto industry….
Gensler, who is potentially weeks away from being replaced as the head of the SEC by President-elect Donald Trump, has remained defiant and true to his stance on crypto and enforcement. In a speech in New York on Nov. 14, Gensler said that “not every [crypto] asset is a security.” He added that former SEC…
In a speech during the Practicing Law Institute and the 56th Annual Institute on Securities Regulation held in New York on Thursday, November 14, US SEC Chair Gary Gensler hinted he may be leaving the agency soon. In regards to the crypto market, Gensler highlighted that Bitcoin, Ethereum, and stablecoins are not securities. However, the…
Former SEC chairman predicts Trump’s administration could drive crypto-friendly legislation, easing regulatory constraints and fostering innovation within the digital asset industry. SEC Shake-Up: Could Trump’s Team Transform Crypto Legislation? Ex-SEC Chief Weighs In Jay Clayton, former chairman of the U.S. Securities and Exchange Commission (SEC), said on Wednesday that cryptocurrency legislation is likely to emerge…
SEC Chair Gary Gensler’s reflection on his tenure has fueled speculation he may step down before Trump’s administration can move to replace him. ‘It’s Been a Great Honor to Serve…’ U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler reiterated the agency’s focus on enforcing compliance within cryptocurrency markets on Thursday in a speech at…
Eighteen states have sued the SEC, Chair Gary Gensler, and all SEC commissioners, alleging that overreach in crypto regulation infringes on state rights and hampers industry growth. 18 States Sue SEC, Gensler, and All Commissioners Over Alleged Overreach in Cryptocurrency Regulation Eighteen U.S. states have sued the Securities and Exchange Commission (SEC), its Chair Gary…
18 US states have filed a lawsuit against the US Securities and Exchange Commission and its commissioners, including chair Gary Gensler. The various states accuse the SEC of unconstitutional overreach and unfair persecution of the crypto industry under the leadership of Gensler. The commission and its chair have been heavily criticized by the US government…
The lawsuit consisted of unregistered offers and sales of securities, liabilities of Ripple as well as the CEO as control person, and violating the securities laws of California. The court has stamped the decision in favor of the accused Ripple Labs, XRP II LLC, and, Brad Garlinghouse. The Securities and Exchange Commission of the United…
TL;DR Following Trump’s election, speculation has grown around SEC Chairman Gary Gensler’s potential firing or resignation. His departure and possible replacement with a pro-crypto leader could boost the market, especially Ripple’s XRP. ‘Time to Say Goodbye?’ Donald Trump’s victory in the US presidential elections was followed by a massive bull run of the cryptocurrency market….
November 14, 2024 at 03:50 PM GST updated: November 14, 2024 at 03:49 PM 2 mins read News Coincheck to become first Japanese crypto exchange on Nasdaq, gaining SEC approval for a December listing. Merger with Thunder Bridge Capital enables Coincheck’s Nasdaq debut, deepening U.S.-Japan financial ties. Coincheck’s Nasdaq entry could inspire other Japanese exchanges,…
Jenner along with her insiders have reportedly gotten earlier and cheaper tokens as compared to normal people. The lawsuit filers have claimed that Jenner had not registered the token with the Securities and Exchange Commission which eventually resulted in facing significant losses by the buyers. The JENNER token is the official memecoin project which was…
Armstrong has given an interview to a reliable media source and stated that the Congress will take oath in January 2025 and we can consider it as the most pro-crypto Congress ever. The crypto industry is also eagerly waiting for the resignation of the Chairman of the Securities and Exchange Commission as was promised by…
November 13, 2024 at 05:00 PM GST updated: November 13, 2024 at 12:50 PM 4 mins read Press Release The blockchain space is crowded with platforms each pushing unique strategies for growth and engaging their communities. BNB Chain has seen a resurgence in its NFT market, though its overall revenue has decreased, and Ripple continues…
President-elect Donald Trump’s team is reportedly in discussions with cryptocurrency leaders about regulatory changes that could reshape the U.S. approach to digital assets. According to sources, Trump plans to adopt a more lenient regulatory stance to fulfill his campaign promise of making the U.S. the “crypto capital of the planet.” Crypto-Friendly Appointments The Washington Post…
The SEC has escalated its crackdown on crypto market manipulation, filing charges against multiple market makers and individuals for allegedly using deceptive tactics—such as wash trading and volume inflation—to mislead investors about the demand for various crypto assets marketed as securities. The following opinion editorial was written by Alex Forehand and Michael Handelsman for Kelman.Law….
DTX Exchange and XRP are now becoming popular in the market for different purposes of investment since they provide distinct advantages to investors. DTX Exchange is currently notable for its hybrid trading system and has garnered attention through the presale of its tokens and usability considerations meant to contribute to trading without hitches. XRP however…
TL;DR Trump’s pledge to replace SEC Chair Gensler with a pro-crypto leader has sparked excitement across the community. Legal experts believe such changes could lead to a faster resolution of the Ripple v. SEC case. Gensler’s Possible Successor Donald Trump’s victory in the US presidential elections triggered a massive bull run for the cryptocurrency sector…
Ripple vs SEC took a new turn on November 8. ASA chief Chris Lacovella wants SEC boss Gary Gensler gone. Fox Business’ Eleanor Terrett first reported the news. The crypto expert demands came as more industry leaders joined the fight. Now the entire crypto world wants answers, and yes, this includes us at Watcher Guru….
November 10, 2024 at 06:00 AM GST updated: November 9, 2024 at 03:37 PM 3 mins read Press Release The Ripple-SEC lawsuit has progressed with Ripple’s legal team achieving procedural wins, gaining access to internal SEC documents. This transparency could be critical for Ripple’s defense as they continue challenging the SEC’s stance on classifying digital…
The American Securities Association is urging SEC Chair Gary Gensler to resign immediately, citing Trump’s election win as a mandate for a new direction focused on investor trust and economic growth. Pressure Mounts on SEC: ASA Calls for Gensler to Resign Immediately Following the results of the 2024 U.S. Election, the American Securities Association (ASA)…
Former SEC official John Reed Stark says the U.S. crypto industry may soon be under a new wave of regulatory pressure, though it will mostly wind down as far as enforcement against crypto companies goes. This is partly due to a presidential victory and the likely changes in leadership at the SEC. Crypto firms are…
November 9, 2024 at 03:50 PM GST updated: November 9, 2024 at 03:52 PM 2 mins read Crypto Live News SEC’s decision delay on Ethereum ETF options reflects regulatory caution in the growing crypto market. NYSE’s Ethereum ETF options aim to offer regulated investment tools for Ethereum market exposure. Public comments on the Ethereum ETF…
Este artículo también está disponible en español. XRP is gaining traction, with one well-known expert predicting an all-time high in the $4 region. XRP has joined the crypto market rally, recently reaching $0.5740, up 11% from yesterday’s price of $0.514. Bitcoin’s record-breaking surge has provided a broader market boost, and XRP is capitalizing on this…
Rumors are flying around that Richard Farley, a top Wall Street lawyer, could soon take over as SEC Chair under Trump. Farley would replace Gary Gensler, who’s been pretty tough on crypto. And his potential appointment has some people excited while others, not so much. Farley’s connections to Wall Street make him a unique pick….
Este artículo también está disponible en español. A major revamp is coming to the SEC. For many reasons, this year’s US presidential elections have become the most consequential for cryptocurrency. Crypto and blockchain technology has become an election issue, with both the Republican and Democratic candidates teasing the electorate with their plans on how to…
Who will lead the SEC after Trump fires Gary Gensler? Crypto advocates hope for a shift toward clarity and innovation over enforcement. Eyes on the SEC: How a Key Power Shift Could Redefine Crypto’s Path Following the U.S. presidential election, speculation is rising about a possible leadership shift at the U.S. Securities and Exchange Commission…
Richard Farley — a partner at New York white-shoe law firm Kramer Levin Naftalis & Frankel who is chairman of its leveraged finance group — has joined Donald Trump’s transition team’s list of possible replacements for current SEC Chair Gary Gensler, according to a report from the New York Post. Farley has represented some of…
U.S. Securities and Exchange Commission (SEC) official Mark Uyeda has called for a shift in the agency’s handling of cryptocurrency regulations. The sentiment from the commissioner, a member of the Republican party, aligns with President-elect Donald Trump’s campaign promise to halt the Biden administration’s aggressive stance towards the digital asset industry. Pause in SEC’s Enforcement…
Dan Gallagher, Robinhood’s CLO and former SEC commissioner, is seen as the top candidate for the next SEC Chair. Hester Peirce, known as crypto mom, is a popular choice but has stated she’s not interested in the SEC Chair role. With Donald Trump’s recent U.S. presidential win, the global crypto community is buzzing with expectations…