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Web3 Community Faces Regulatory Challenges as Consensys Fights SEC Overreach
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Web3 Community Faces Regulatory Challenges as Consensys Fights SEC Overreach

The Web3 movement, driven by Consensys, faces significant regulatory challenges from the SEC, threatening innovation in the blockchain space.

SEC Files Lawsuit Against MetaMask Owner ConsenSys Over Unregistered Crypto Transactions
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SEC Files Lawsuit Against MetaMask Owner ConsenSys Over Unregistered Crypto Transactions

The US SEC has filed a lawsuit against ConsenSys, a blockchain software company, for violating federal securities laws by offering unregistered securities through its MetaMask Swaps and Staking platforms, facilitating 36 million crypto asset transactions.

Consensys Files Lawsuit Against SEC Over Ethereum Regulation
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Consensys Files Lawsuit Against SEC Over Ethereum Regulation

Consensys, a software development firm, has filed a lawsuit against the US Securities and Exchange Commission (SEC) and its commissioners, claiming the SEC plans to regulate Ethereum as a security, highlighting the ongoing debate on cryptocurrencies' regulatory classification and potential industry impact.

Consensys Urges SEC to Recognize Ethereum's Advanced Safeguards in Comment Letter on ETH ETF Approval
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Consensys Urges SEC to Recognize Ethereum's Advanced Safeguards in Comment Letter on ETH ETF Approval

Consensys has submitted a comment letter to the U.S. Securities and Exchange Commission (SEC) advocating for the approval of Ethereum-based exchange-traded funds (ETFs). I

US House Committee to Probe Crypto Crimes in November Hearing
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US House Committee to Probe Crypto Crimes in November Hearing

The US House Financial Services Committee will hold a hearing today, November 15, 2023, to examine illicit cryptocurrency activities, including money laundering and terrorist financing, and discuss the Department of Justice's focus on these crimes.

ConsenSys and Animoca Brands Investor C Capital Reaches New Heights with $250 Million Fund III
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ConsenSys and Animoca Brands Investor C Capital Reaches New Heights with $250 Million Fund III

C Capital has closed its Private Equity Fund III, raising over $250 million in investments from its main fund and co-investment ventures. The fund has partnered with over 20 investors across various sectors and regions. C Capital plans to maintain its seasoned investment approach, focusing on global growth-stage entities in consumer and tech sectors. Notable portfolio companies include Shein, Animoca Brands, ConsenSys, Sensetime, Threads, Finery, and Armarium.

MetaMask Developer ConsenSys Responds to European Banking Authority's Consultation on Anti-Money Laundering Measures
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MetaMask Developer ConsenSys Responds to European Banking Authority's Consultation on Anti-Money Laundering Measures

The European Banking Authority (EBA) has closed its public consultation on revising guidelines for money laundering and terrorist financing risk factors, extending the scope to include crypto-asset service providers (CASPs). ConsenSys, MetaMask's development lead, defended the EBA's approach, stating self-hosted wallets should not be considered a risk factor and praised the EBA's recognition of blockchain analytics' role in risk mitigation.

MetaMask Developer ConsenSys Challenges SEC's Proposed 'Exchange' Definition, Citing Blockchain Misunderstandings
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MetaMask Developer ConsenSys Challenges SEC's Proposed 'Exchange' Definition, Citing Blockchain Misunderstandings

Blockchain tech company ConsenSys, represented by lawyer Bill Hughes, has formally objected to the Securities and Exchange Commission's (SEC) Notice of Proposed Rulemaking (NPRM) concerning the redefinition of a securities "exchange".

ConsenSys Clears Misinformation About MetaMask Tax Collection Claims
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ConsenSys Clears Misinformation About MetaMask Tax Collection Claims

ConsenSys, the parent company of MetaMask, took to Twitter today to address and clarify a series of inaccurate claims circulating about changes in their terms of service, specifically around tax collection on crypto transactions.

ConsenSys Acquires Hal to Improve Alerts
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ConsenSys Acquires Hal to Improve Alerts

Infura co-founder Eleazar Galano said the startup would cover holes in crypto ecosystem app development.

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