US SEC
WhatsApp Compliance: Self-Reporting Drives Regulatory Change Initiation
- The SEC is pushing for cultural change in compliance, focusing on self-reporting.
- Firms like Perella Weinberg and Huntington benefited from self-reporting, receiving lower penalties.
Monday, 15/04/2024 | 13:10 GMT by
Harriet Christie
Kraken Fires Back: Challenges SEC Lawsuit as Regulatory Overstep
- The testimony delivered on May 10, 2023, highlighted inadequate digital asset industry regulation.
- The firm disputes the SEC's token-contract stance citing a lack of buyer-issuer agreement.
Friday, 23/02/2024 | 07:48 GMT by
Tareq Sikder
Texas Crypto Company Lejilex Throws Down Gauntlet against SEC
- Last year, the company aimed to list digital assets, including those contested by Coinbase and Binance.
- Previous rulings on Ripple Labs and Terraform Labs did not address the applicability of the doctrine to crypto.
Thursday, 22/02/2024 | 07:34 GMT by
Tareq Sikder
Binance Faces Legal Showdown as Judge Questions SEC Lawsuit Dismissal Request
- Last June, the SEC accused Binance's US arm of inflating volumes, diverting funds, and providing misleading information.
- The firm settled for $4.3 billion with the DOJ and CFTC over illicit finance breaches last year.
Monday, 22/01/2024 | 17:42 GMT by
Tareq Sikder
SEC Charges JP Morgan $18 Million for Obstructing Client Whistleblowing
- The firm barred retail clients from contacting the SEC through confidentiality agreements from March 2020 to July 2023.
- The firm has agreed to pay a civil penalty of $18 million without admitting or denying findings.
Tuesday, 16/01/2024 | 14:20 GMT by
Tareq Sikder
Goldman Sachs Considers Bitcoin ETF Collaboration with BlackRock, Grayscale: Report
- SEC's approval of spot Bitcoin ETFs could pave the way for more institutional involvement in crypto.
- This authorization is expected to change crypto investments and the regulatory landscape.
Wednesday, 03/01/2024 | 20:40 GMT by
Jared Kirui
SEC Rejects Coinbase's Call for Crypto-Specific Regulations, Citing Existing Laws
- Gary Gensler rejected claims that identifying crypto asset issuers is unfeasible.
- He emphasized the crypto market's limited share in the $110 trillion, acknowledging its vulnerability to fraud.
Friday, 15/12/2023 | 17:51 GMT by
Tareq Sikder
CLS Navigates Regulatory Changes: A Potential Delay in FX Trade Settlements
- A resolution on the possible delay is anticipated by the first quarter of 2024.
- Without adjustments, CLS anticipates $65 billion daily from asset managers missing the deadline.
Tuesday, 05/12/2023 | 10:37 GMT by
Tareq Sikder
SEC Receives Grayscale's Amended Filing for Spot Bitcoin ETF
- Discussions between Grayscale, the SEC, and NYSE Arca fuel optimism for the ETF's approval.
- Earlier, the D.C. Court of Appeals found the SEC made an error in rejecting Grayscale's Bitcoin ETF.
Thursday, 23/11/2023 | 18:07 GMT by
Tareq Sikder
Coinbase Taps National Security Experts to Navigate Crypto's Regulatory Landscape
- Mark Esper, a former US Defense Secretary, contributes expertise in security and government operations to the council.
- Frances Townsend, a former Homeland Security advisor to President George W Bush, provides security expertise.
Tuesday, 07/11/2023 | 18:55 GMT by
Tareq Sikder
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