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Binance Accused of Commingling Customer Funds and Revenue, Says Reuters Report

Binance Accused of Commingling Customer Funds and Revenue, Says Reuters Report

Binance, the world's largest cryptocurrency exchange, is facing allegations of having commingled customer funds with company revenue in 2020 and 2021, violating U.S. financial rules that mandate the segregation of customer money, according to a special report by Reuters.

SEC Chair Calls for Open Dialogue in Pursuit of a Regulated Crypto Market

SEC Chair Calls for Open Dialogue in Pursuit of a Regulated Crypto Market

Gary Gensler will call on crypto stakeholders to come and talk to the SEC at his hearing with the Senate Banking Committee on Tuesday

CFTC Commissioner Brian Quintenz: US SEC Has No Authority Over Cryptocurrencies

CFTC Commissioner Brian Quintenz: US SEC Has No Authority Over Cryptocurrencies

The recent heated debate between the US SEC officials and the CFTC over who should police crypto tokens highlights the difficulty in applying existing regulations to the nascent sector.

SEC Cybersecurity Breach: Investigating the Fallout and Future Measures

SEC Cybersecurity Breach: Investigating the Fallout and Future Measures

The SEC's recent cybersecurity breach, involving an unauthorized post on its X (formerly Twitter) account about a Bitcoin ETF, underscores the need for robust cybersecurity measures. The SEC is actively investigating the incident, highlighting the broader implications for security practices in social media and government agencies.

SEC Chair Gensler Open to Lawful Revival of FTX

SEC Chair Gensler Open to Lawful Revival of FTX

SEC Chair Gary Gensler emphasizes regulatory standards as FTX considers legal and compliant return, following founder Sam Bankman-Fried's conviction, marking a pivotal moment in crypto regulation.

Former Student of SEC Chairman Weighs in on Binance and Coinbase Lawsuits

Former Student of SEC Chairman Weighs in on Binance and Coinbase Lawsuits

Former MIT Sloan School of Management student and teaching assistant for Gary Gensler, known only as 'Kenny' on Twitter, has offered insights into the recently filed lawsuits against Binance and Coinbase by the Securities and Exchange Commission (SEC), as well as his personal journey into the world of blockchain and crypto.

SEC Chair Gary Gensler Asks Congress to Regulate Crypto Exchanges

SEC Chair Gary Gensler Asks Congress to Regulate Crypto Exchanges

Gary Gensler, the chairman of the SEC, has urged US Congress to create a regulatory framework for crypto exchanges in the United States.

Edward Snowden Criticizes SEC Following Twitter Hack and False Bitcoin ETF Announcement

Edward Snowden Criticizes SEC Following Twitter Hack and False Bitcoin ETF Announcement

Whistleblower Edward Snowden has openly criticized SEC Chair Gary Gensler following a misleading Bitcoin ETF approval post on the SEC's Twitter account. Snowden's comments highlight growing concerns about the SEC's credibility and regulatory approach in the crypto industry.

US SEC Chair Gary Gensler: Coinbase and Other Crypto Exchanges Must Register with Agency

US SEC Chair Gary Gensler: Coinbase and Other Crypto Exchanges Must Register with Agency

After raising concerns over Coinbase’s lending product, US SEC Chairman Gary Gensler has once again reiterated that cryptocurrency exchanges should register with the commission.

SEC Commissioner Expresses Dissent on LBRY Case Outcome

SEC Commissioner Expresses Dissent on LBRY Case Outcome

SEC Commissioner Hester M. Peirce criticizes the commission's enforcement action against blockchain firm LBRY, Inc., highlighting the case as an example of regulatory overreach that stifles innovation and fails to adequately protect investors. Amidst ongoing legal actions against crypto enterprises, Peirce's dissent underscores the need for a balanced regulatory approach to foster innovation and investor protection in the blockchain and crypto sectors.

Gary Gensler Reiterates US SEC’s Support for Bitcoin Futures ETFs

Gary Gensler Reiterates US SEC’s Support for Bitcoin Futures ETFs

The US SEC sees Bitcoin Futures ETFs as an area of market that provides better protection for investors looking to get exposure to the cryptocurrency.

SEC to Give "Careful Consideration" to Concern about Spot BTC ETFs: Gensler

SEC to Give "Careful Consideration" to Concern about Spot BTC ETFs: Gensler

Gary Gensler, Chairman of the United States Securities and Exchange Commission (SEC), has promised to give a “Careful Consideration” about spot Bitcoin Exchange Traded Products (ETPs).

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