SECCryptoRegulation
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SEC Unveils 90-Day Crypto Reform Plan Under Trump Administration
Hope for Better Relations Between Crypto and SEC
The crypto industry is looking forward to improved relations with the SEC under the leadership of Paul Atkins. His 90-day plan aims to establish clearer regulations, reduce unnecessary lawsuits, and eliminate outdated rules. This approach could rebuild trust between the SEC and the crypto community while fostering innovation. The next three months will be critical for shaping a fairer regulatory framework.
Support for the Crypto Industry from New SEC Leadership
Paul Atkins, a well-known advocate for cryptocurrencies, could bring significant regulatory changes. This shift could lead to clearer rules and better communication between the SEC and the crypto sector.
The Digital Chamber emphasized in its statement: “The digital asset sector seeks to operate responsibly, and the SEC must recognize this to support a transparent and productive ecosystem.” The group urges the need to build mutual trust.
Criticism of the “Regulation by Enforcement” Approach
The SEC has faced criticism for relying on regulation through enforcement measures. This strategy has caused confusion and hindered innovation. The Digital Chamber calls for more transparent rules to create a fairer market environment and encourage business growth.
90-Day Plan for Crypto Reform
Token Alliance has presented a 90-day plan aimed at changing how the SEC approaches cryptocurrency regulations. Key proposals include:
Reviewing ongoing investigations, Wells notices, and lawsuits.Pausing legal actions that do not involve fraud or investor harm.Removing outdated rules, such as the Howey test for digital assets or the "Hinman Speech."Establishing clear and consistent rules to replace existing confusion.
This approach could remove barriers stifling innovation and restore investor confidence.
Addressing the Impact of SAB 121
One of the issues addressed in the plan is the Staff Accounting Bulletin 121 (SAB 121), which requires companies holding cryptocurrencies to report them as liabilities. Token Alliance warns that this rule pushes investors to foreign markets and creates unnecessary risks.
A New Approach Under Atkins
With Paul Atkins taking the reins at the SEC, a shift is expected compared to the policies of his predecessor Gary Gensler. Atkins is likely to collaborate with commissioners Hester Peirce and Mark Uyeda, who have been critical of previous regulatory measures.
Promise of Collaboration
Positive signals also come from recent discussions between the Token Alliance and commissioners Peirce and Uyeda. Both commissioners expressed interest in working with the crypto industry, which the crypto community sees as a good sign.
What Will the Coming Months Bring?
The next 90 days will determine whether the SEC can create an environment that is friendly to the cryptocurrency sector and establish a balanced regulatory framework that fosters innovation and trust.
#BTC☀ , #cryptoregulation , #SECCryptoRegulation , #donaldtrump , #CryptoNewss
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
The crypto industry is looking forward to improved relations with the SEC under the leadership of Paul Atkins. His 90-day plan aims to establish clearer regulations, reduce unnecessary lawsuits, and eliminate outdated rules. This approach could rebuild trust between the SEC and the crypto community while fostering innovation. The next three months will be critical for shaping a fairer regulatory framework.
Support for the Crypto Industry from New SEC Leadership
Paul Atkins, a well-known advocate for cryptocurrencies, could bring significant regulatory changes. This shift could lead to clearer rules and better communication between the SEC and the crypto sector.
The Digital Chamber emphasized in its statement: “The digital asset sector seeks to operate responsibly, and the SEC must recognize this to support a transparent and productive ecosystem.” The group urges the need to build mutual trust.
Criticism of the “Regulation by Enforcement” Approach
The SEC has faced criticism for relying on regulation through enforcement measures. This strategy has caused confusion and hindered innovation. The Digital Chamber calls for more transparent rules to create a fairer market environment and encourage business growth.
90-Day Plan for Crypto Reform
Token Alliance has presented a 90-day plan aimed at changing how the SEC approaches cryptocurrency regulations. Key proposals include:
Reviewing ongoing investigations, Wells notices, and lawsuits.Pausing legal actions that do not involve fraud or investor harm.Removing outdated rules, such as the Howey test for digital assets or the "Hinman Speech."Establishing clear and consistent rules to replace existing confusion.
This approach could remove barriers stifling innovation and restore investor confidence.
Addressing the Impact of SAB 121
One of the issues addressed in the plan is the Staff Accounting Bulletin 121 (SAB 121), which requires companies holding cryptocurrencies to report them as liabilities. Token Alliance warns that this rule pushes investors to foreign markets and creates unnecessary risks.
A New Approach Under Atkins
With Paul Atkins taking the reins at the SEC, a shift is expected compared to the policies of his predecessor Gary Gensler. Atkins is likely to collaborate with commissioners Hester Peirce and Mark Uyeda, who have been critical of previous regulatory measures.
Promise of Collaboration
Positive signals also come from recent discussions between the Token Alliance and commissioners Peirce and Uyeda. Both commissioners expressed interest in working with the crypto industry, which the crypto community sees as a good sign.
What Will the Coming Months Bring?
The next 90 days will determine whether the SEC can create an environment that is friendly to the cryptocurrency sector and establish a balanced regulatory framework that fosters innovation and trust.
#BTC☀ , #cryptoregulation , #SECCryptoRegulation , #donaldtrump , #CryptoNewss
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
Court Ruling in Kraken vs. SEC Case: Key Orders
Court Rejects Kraken's Request for Documents
In the legal battle between cryptocurrency exchange Kraken and the U.S. Securities and Exchange Commission (SEC), the court issued a significant ruling. It denied Kraken's request to compel the production of documents related to Bitcoin (BTC), Ethereum (ETH), public SEC statements, and internal regulatory policies on digital assets.
Court Dismisses Kraken's Request for SEC Documents
Magistrate Judge Robert Illman of the California court rejected Kraken’s demand for key documents. Kraken sought evidence on why the SEC excluded Bitcoin and Ethereum from its complaint, despite these assets being traded similarly to 11 other tokens on the platform.
The court found this request “unpersuasive”, stating that it was overly broad and irrelevant to the SEC’s claims regarding the 11 tokens. Additionally, the court noted that such requests would impose an unnecessary burden on both parties.
SEC Policies and Public Statements Deemed Irrelevant
Kraken also requested access to internal SEC policies and guidance regarding digital assets, including the application of the Howey Test to tokens traded on its platform. The court ruled that such information extends beyond the scope of tokens like ADA, ALGO, ATOM, FIL, FLOW, ICP, MANA, MATIC, NEAR, OMG, and SOL, making it irrelevant to the case.
The judge stated:
“For the reasons outlined below, the defendants' motion to compel the requested information is denied.”
The court further rejected Kraken’s request for evidence related to public SEC statements about digital asset regulation. While Kraken argued that former SEC Division Director William Hinman’s remarks were relevant to the status of Bitcoin and Ethereum under federal securities laws, the court found this argument insufficiently supported.
SEC Arguments and Prior Court Rulings
Judge William Orrick previously confirmed that contracts and expectations related to sales could form an investment contract. Based on this reasoning, the court had earlier denied Kraken’s motion to dismiss the SEC lawsuit.
The SEC contended that during initial offerings and subsequent transactions on Kraken, these assets were sold as investment contracts, in violation of federal securities laws.
Ripple and SEC Appeals
As part of broader regulatory issues in the crypto industry, the SEC plans to file its principal appeal brief by January 15. Meanwhile, Ripple has countersued, criticizing the SEC’s rules and guidance as inconsistent and unclear. Ripple’s appeal focuses on defining an investment contract, institutional sales of XRP, and fair notice protections.
The Kraken vs. SEC case highlights the complexities of cryptocurrency regulation and is likely to set a precedent for future legal disputes in the industry.
#Kraken , #SECCryptoRegulation , #CryptoNewss , #digitalassets , #cryptoregulation
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
In the legal battle between cryptocurrency exchange Kraken and the U.S. Securities and Exchange Commission (SEC), the court issued a significant ruling. It denied Kraken's request to compel the production of documents related to Bitcoin (BTC), Ethereum (ETH), public SEC statements, and internal regulatory policies on digital assets.
Court Dismisses Kraken's Request for SEC Documents
Magistrate Judge Robert Illman of the California court rejected Kraken’s demand for key documents. Kraken sought evidence on why the SEC excluded Bitcoin and Ethereum from its complaint, despite these assets being traded similarly to 11 other tokens on the platform.
The court found this request “unpersuasive”, stating that it was overly broad and irrelevant to the SEC’s claims regarding the 11 tokens. Additionally, the court noted that such requests would impose an unnecessary burden on both parties.
SEC Policies and Public Statements Deemed Irrelevant
Kraken also requested access to internal SEC policies and guidance regarding digital assets, including the application of the Howey Test to tokens traded on its platform. The court ruled that such information extends beyond the scope of tokens like ADA, ALGO, ATOM, FIL, FLOW, ICP, MANA, MATIC, NEAR, OMG, and SOL, making it irrelevant to the case.
The judge stated:
“For the reasons outlined below, the defendants' motion to compel the requested information is denied.”
The court further rejected Kraken’s request for evidence related to public SEC statements about digital asset regulation. While Kraken argued that former SEC Division Director William Hinman’s remarks were relevant to the status of Bitcoin and Ethereum under federal securities laws, the court found this argument insufficiently supported.
SEC Arguments and Prior Court Rulings
Judge William Orrick previously confirmed that contracts and expectations related to sales could form an investment contract. Based on this reasoning, the court had earlier denied Kraken’s motion to dismiss the SEC lawsuit.
The SEC contended that during initial offerings and subsequent transactions on Kraken, these assets were sold as investment contracts, in violation of federal securities laws.
Ripple and SEC Appeals
As part of broader regulatory issues in the crypto industry, the SEC plans to file its principal appeal brief by January 15. Meanwhile, Ripple has countersued, criticizing the SEC’s rules and guidance as inconsistent and unclear. Ripple’s appeal focuses on defining an investment contract, institutional sales of XRP, and fair notice protections.
The Kraken vs. SEC case highlights the complexities of cryptocurrency regulation and is likely to set a precedent for future legal disputes in the industry.
#Kraken , #SECCryptoRegulation , #CryptoNewss , #digitalassets , #cryptoregulation
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
📝 Do you know about SEC ? 🌎
The SEC typically refers to the Securities and Exchange Commission, which is a regulatory authority responsible for overseeing securities markets, protecting investors, and ensuring fair and efficient functioning of financial markets. The main objectives of the SEC are:
1. Investor Protection: Safeguard investors from fraudulent and manipulative practices in the securities markets.
2. Maintaining Market Integrity: Ensure that markets operate transparently and fairly, promoting investor confidence.
3. Facilitating Capital Formation: Help companies raise capital efficiently while maintaining adequate investor protections.
Key Functions:
• Regulation and Enforcement: The SEC enforces laws that govern the securities industry, including laws related to stocks, bonds, and mutual funds.
• Disclosure Requirements: Companies are required to provide accurate and timely information about their financial condition and operations.
• Oversight of Stock Exchanges: The SEC monitors stock exchanges to ensure compliance with regulations.
• Investor Education: Provide educational resources to help individuals make informed investment decisions.
In the U.S., the SEC was established by the Securities Exchange Act of 1934 following the 1929 stock market crash. Other countries also have similar organizations, such as the Financial Conduct Authority (FCA) in the UK or the Securities and Exchange Board of India (SEBI).
#SECCryptoRegulation $BTC
The SEC typically refers to the Securities and Exchange Commission, which is a regulatory authority responsible for overseeing securities markets, protecting investors, and ensuring fair and efficient functioning of financial markets. The main objectives of the SEC are:
1. Investor Protection: Safeguard investors from fraudulent and manipulative practices in the securities markets.
2. Maintaining Market Integrity: Ensure that markets operate transparently and fairly, promoting investor confidence.
3. Facilitating Capital Formation: Help companies raise capital efficiently while maintaining adequate investor protections.
Key Functions:
• Regulation and Enforcement: The SEC enforces laws that govern the securities industry, including laws related to stocks, bonds, and mutual funds.
• Disclosure Requirements: Companies are required to provide accurate and timely information about their financial condition and operations.
• Oversight of Stock Exchanges: The SEC monitors stock exchanges to ensure compliance with regulations.
• Investor Education: Provide educational resources to help individuals make informed investment decisions.
In the U.S., the SEC was established by the Securities Exchange Act of 1934 following the 1929 stock market crash. Other countries also have similar organizations, such as the Financial Conduct Authority (FCA) in the UK or the Securities and Exchange Board of India (SEBI).
#SECCryptoRegulation $BTC
🚨NEW: Because Crenshaw’s vote was pushed to the afternoon, it clashed with a Senate procedural rule that says no Senate committee or subcommittee (except the Committees on Appropriations and Budget and their subcommittees) can meet after the Senate has been in session for two hours or past 2:00 p.m. EST.
The only way around this would have been for the Senate to grant a unanimous consent waiver for them to meet outside the required committee activity time window. I’m told the Republicans, at the direction of Ranking Member @SenatorTimScott, blocked the waiver that would have allowed this to happen.
Now @SenSherrodBrown will have to reschedule another markup for the vote. Unclear when he will do so, but I have reached out for comment.
Note: There are now technically only seven days left before Congress adjourns for the year and Crenshaw will need to make it through both a committee vote and a full Senate vote to get reappointed. Time is ticking. ⏰
#SECCryptoRegulation
$XRP
$BTC
$ETH
The only way around this would have been for the Senate to grant a unanimous consent waiver for them to meet outside the required committee activity time window. I’m told the Republicans, at the direction of Ranking Member @SenatorTimScott, blocked the waiver that would have allowed this to happen.
Now @SenSherrodBrown will have to reschedule another markup for the vote. Unclear when he will do so, but I have reached out for comment.
Note: There are now technically only seven days left before Congress adjourns for the year and Crenshaw will need to make it through both a committee vote and a full Senate vote to get reappointed. Time is ticking. ⏰
#SECCryptoRegulation
$XRP
$BTC
$ETH
Crypto lobby targets SEC’s Crenshaw ahead of Senate committee vote Crenshaw voted against approving the bitcoin 'spot' ETFs
What impact would SEC Commissioner Caroline Crenshaw have on the crypto industry?
FOX Business' Charlie Gasparino discusses the cryptocurrency industry's effort to block a second term for SEC Commissioner Caroline Crenshaw on 'The Claman Countdown.'
#SECCryptoRegulation #BinanceSeason $ETH $XRP $BTC
What impact would SEC Commissioner Caroline Crenshaw have on the crypto industry?
FOX Business' Charlie Gasparino discusses the cryptocurrency industry's effort to block a second term for SEC Commissioner Caroline Crenshaw on 'The Claman Countdown.'
#SECCryptoRegulation #BinanceSeason $ETH $XRP $BTC
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The US Securities and Exchange Commission announces the permanent suspension of the investigation into Ethereum. Here are the full details and finally a list of four coins that will take off as Ethereum rises.
In a landmark decision, the US Securities and Exchange Commission (SEC) has announced that it is permanently halting its investigation into Ethereum. This investigation, which was focused on classifying Ethereum as a security, has been a source of uncertainty for the cryptocurrency industry. The SEC's move is seen as an important regulatory event, which may clarify Ethereum's legal status and ease concerns from developers and investors.
This decision may also impact the broader regulatory approach to other cryptocurrencies, setting a precedent for how digital assets are valued under US securities laws. The suspension could pave the way for more robust development within the Ethereum ecosystem and boost confidence among market participants.
Here is a list of the top 4 currencies that will thrive with the rise of Ethereum:
1. $ETC
2. $ARB
3. (...)
4. $OP
The fourth currency will be at the top among these four currencies. Complete 100 likes and ask in the comments. When 100 likes are complete, I will pin the name of the coin in the comment box.
So, follow #MU_Traders if you don't want to miss this climb.
#SECCryptoRegulation #ETHETFsApproved #EthereumETFApprovalExpectations #PUMP!
In a landmark decision, the US Securities and Exchange Commission (SEC) has announced that it is permanently halting its investigation into Ethereum. This investigation, which was focused on classifying Ethereum as a security, has been a source of uncertainty for the cryptocurrency industry. The SEC's move is seen as an important regulatory event, which may clarify Ethereum's legal status and ease concerns from developers and investors.
This decision may also impact the broader regulatory approach to other cryptocurrencies, setting a precedent for how digital assets are valued under US securities laws. The suspension could pave the way for more robust development within the Ethereum ecosystem and boost confidence among market participants.
Here is a list of the top 4 currencies that will thrive with the rise of Ethereum:
1. $ETC
2. $ARB
3. (...)
4. $OP
The fourth currency will be at the top among these four currencies. Complete 100 likes and ask in the comments. When 100 likes are complete, I will pin the name of the coin in the comment box.
So, follow #MU_Traders if you don't want to miss this climb.
#SECCryptoRegulation #ETHETFsApproved #EthereumETFApprovalExpectations #PUMP!
Terra (LUNC) and (LUNA) Prices React to SEC Lawsuit
Increased Market Activity in LUNC Signals Volatility
The recent increase in LUNC trading volume indicates heightened investor interest and greater volatility. Key support at $0.000094 may help boost the price if volume growth slows. On the other hand, LUNA’s resistance level at $0.360 may break if trading volume remains strong.
The U.S. Securities and Exchange Commission (SEC) is now facing Terra Labs in a legal battle, drawing investors’ attention to the price developments of Terra Classic (LUNC) and Terra (#LUNA✅ ). With new legal scrutiny, investors are closely watching price movements and recent trends.
LUNC’s Volume and Price Momentum
LUNC has recently shown an upward trend, rising by 4.43% to $0.0000919 in recent days. This increase follows a consolidation period, suggesting renewed investor interest.
Trading volume has surged by 140.46%, indicating increased market activity. This higher activity often signals an increase in buying or selling pressure, which can lead to greater volatility. Key levels for LUNC include support at $0.000094, which has held during previous consolidations. The $0.000092 level has also acted as a “safety net” during previous downtrends.
Resistance at $0.000098 remains a key barrier for further growth. If LUNC surpasses this, the next psychological threshold is at $0.00010, often associated with increased market activity.
If high trading volume continues, LUNC may attempt to break the resistance level of $0.00010. However, if volume declines, it could return to testing lower supports. The trading volume of LUNC, which is 9.75% of its market cap, further underscores the asset’s volatility and indicates strong investor confidence.
LUNA’s Price Action and Potential Resistance
Over the past 24 hours, the price of Terra (LUNA) has increased by 1.78%, with its value around $0.3596. This rise follows a consolidation period, indicating renewed momentum.
Trading volume for LUNA has also surged by 93.03%, which could signal increased interest in trading. These volume spikes often suggest a potential trend shift, as rising volume can precede price movements either up or down. Key support for LUNA is at $0.3532, which has helped stabilize prices during recent declines, while stronger support at $0.345 has historically prevented further downward movement.
Conversely, $0.360 currently acts as a resistance level. A breakthrough here could open the way to $0.365, which marks a recent high. If trading volume remains strong, LUNA could challenge this upper resistance. However, a drop in volume could lead to a price return toward support at $0.3532.
Technical Indicators and Implications for LUNC and LUNA
The current trading volume-to-market cap ratio of LUNC at 9.75% points to active trading and strong market confidence. Similarly, LUNA’s ratio of 15.83% indicates sustained interest in this token.
A continued rise in trading volume could help both LUNC and LUNA break their immediate resistance levels. However, if volume momentum weakens, both assets may retreat and test their key support zones.
#TerraLunc , #LUNAUpdate , #Lunapriceanalysis , #SECCryptoRegulation
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
The recent increase in LUNC trading volume indicates heightened investor interest and greater volatility. Key support at $0.000094 may help boost the price if volume growth slows. On the other hand, LUNA’s resistance level at $0.360 may break if trading volume remains strong.
The U.S. Securities and Exchange Commission (SEC) is now facing Terra Labs in a legal battle, drawing investors’ attention to the price developments of Terra Classic (LUNC) and Terra (#LUNA✅ ). With new legal scrutiny, investors are closely watching price movements and recent trends.
LUNC’s Volume and Price Momentum
LUNC has recently shown an upward trend, rising by 4.43% to $0.0000919 in recent days. This increase follows a consolidation period, suggesting renewed investor interest.
Trading volume has surged by 140.46%, indicating increased market activity. This higher activity often signals an increase in buying or selling pressure, which can lead to greater volatility. Key levels for LUNC include support at $0.000094, which has held during previous consolidations. The $0.000092 level has also acted as a “safety net” during previous downtrends.
Resistance at $0.000098 remains a key barrier for further growth. If LUNC surpasses this, the next psychological threshold is at $0.00010, often associated with increased market activity.
If high trading volume continues, LUNC may attempt to break the resistance level of $0.00010. However, if volume declines, it could return to testing lower supports. The trading volume of LUNC, which is 9.75% of its market cap, further underscores the asset’s volatility and indicates strong investor confidence.
LUNA’s Price Action and Potential Resistance
Over the past 24 hours, the price of Terra (LUNA) has increased by 1.78%, with its value around $0.3596. This rise follows a consolidation period, indicating renewed momentum.
Trading volume for LUNA has also surged by 93.03%, which could signal increased interest in trading. These volume spikes often suggest a potential trend shift, as rising volume can precede price movements either up or down. Key support for LUNA is at $0.3532, which has helped stabilize prices during recent declines, while stronger support at $0.345 has historically prevented further downward movement.
Conversely, $0.360 currently acts as a resistance level. A breakthrough here could open the way to $0.365, which marks a recent high. If trading volume remains strong, LUNA could challenge this upper resistance. However, a drop in volume could lead to a price return toward support at $0.3532.
Technical Indicators and Implications for LUNC and LUNA
The current trading volume-to-market cap ratio of LUNC at 9.75% points to active trading and strong market confidence. Similarly, LUNA’s ratio of 15.83% indicates sustained interest in this token.
A continued rise in trading volume could help both LUNC and LUNA break their immediate resistance levels. However, if volume momentum weakens, both assets may retreat and test their key support zones.
#TerraLunc , #LUNAUpdate , #Lunapriceanalysis , #SECCryptoRegulation
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
Supreme Court curbs SEC powers to enforce securities laws
The case is one of several on the docket in which the conservative-majority court is weighing business-backed efforts to curb the power of federal agencies.
WASHINGTON — The Supreme Court on Thursday put new limits on the power of the Securities and Exchange Commission to enforce securities laws — the latest ruling in a series of cases that take aim at federal agencies#.
The court ruled 6-3 that adjudication of cases by in-house judges violates the right to trial by jury.
The case is one of several on the docket involving conservative and business-led attacks on the power of federal agencies. The court’s 6-3 conservative majority is often sympathetic to such arguments.
The challenge zeroed in on how the SEC enforces securities laws, including those prohibiting insider trading. The SEC has long used in-house proceedings presided over by administrative law judges. The agency can also sue in federal court. In both sets of proceedings, it can seek financial penalties.
Those subject to the in-house adjudication have complained, saying the process violates their rights and gives the SEC too much power by essentially creating a home-court advantage.
Hedge fund manager George Jarkesy brought the legal challenge after he faced SEC claims that he violated securities laws by making misstatements and omitting relevant information in communications with investors while he was overseeing two hedge funds.
Jarkesy and his firm were ordered to pay a $300,000 penalty, and he was barred from certain roles in the securities industry after being subjected to an in-house proceeding in 2014. The firm was also ordered to return nearly $685,000 in what the SEC considered “illicit gains.”
Jarkesy’s legal crusade had the backing of billionaires Elon Musk and Mark Cuban.
A three-judge panel of the New Orleans-based 5th Circuit U.S. Court of Appeals ruled against the agency, prompting the SEC to ask the Supreme Court to intervene.
#SECCryptoRegulation #SEC
WASHINGTON — The Supreme Court on Thursday put new limits on the power of the Securities and Exchange Commission to enforce securities laws — the latest ruling in a series of cases that take aim at federal agencies#.
The court ruled 6-3 that adjudication of cases by in-house judges violates the right to trial by jury.
The case is one of several on the docket involving conservative and business-led attacks on the power of federal agencies. The court’s 6-3 conservative majority is often sympathetic to such arguments.
The challenge zeroed in on how the SEC enforces securities laws, including those prohibiting insider trading. The SEC has long used in-house proceedings presided over by administrative law judges. The agency can also sue in federal court. In both sets of proceedings, it can seek financial penalties.
Those subject to the in-house adjudication have complained, saying the process violates their rights and gives the SEC too much power by essentially creating a home-court advantage.
Hedge fund manager George Jarkesy brought the legal challenge after he faced SEC claims that he violated securities laws by making misstatements and omitting relevant information in communications with investors while he was overseeing two hedge funds.
Jarkesy and his firm were ordered to pay a $300,000 penalty, and he was barred from certain roles in the securities industry after being subjected to an in-house proceeding in 2014. The firm was also ordered to return nearly $685,000 in what the SEC considered “illicit gains.”
Jarkesy’s legal crusade had the backing of billionaires Elon Musk and Mark Cuban.
A three-judge panel of the New Orleans-based 5th Circuit U.S. Court of Appeals ruled against the agency, prompting the SEC to ask the Supreme Court to intervene.
#SECCryptoRegulation #SEC
🎉 Exciting News for Crypto! 🎉
🏆 If #Trump wins, Hester Peirce is likely to become the new SEC Chair!
💼 Pro-Crypto Stance: Known for her support of the crypto industry, Hester Peirce’s leadership could be game-changing.
⚖️ Ripple Lawsuit: This could mean positive momentum for the #Ripple case and #XRP price 🚀💥
🌟 Crypto enthusiasts, this could be the shift we’ve been waiting for!
#CryptoDawar #XRPGoal #Ripple💰 #SECCryptoRegulation $XRP
🏆 If #Trump wins, Hester Peirce is likely to become the new SEC Chair!
💼 Pro-Crypto Stance: Known for her support of the crypto industry, Hester Peirce’s leadership could be game-changing.
⚖️ Ripple Lawsuit: This could mean positive momentum for the #Ripple case and #XRP price 🚀💥
🌟 Crypto enthusiasts, this could be the shift we’ve been waiting for!
#CryptoDawar #XRPGoal #Ripple💰 #SECCryptoRegulation $XRP
🚨 JUST IN: Big news for the crypto world! 🚨
🔹 Robinhood's Chief Legal Officer, Dan Gallagher, is speculated to replace Gensler as SEC Chair under a potential Trump presidency! 🏛️
🔸 Pro-crypto shift? Could this mean favorable regulations for the crypto space? 🚀
🔹 Speculation is rising—this could be a game-changer for the entire industry! ⚖️
Stay tuned for updates, the future of crypto regulation could be evolving! 🔥
#Bitcoin❗ ❗ #SECCryptoRegulation #Debate2024
🔹 Robinhood's Chief Legal Officer, Dan Gallagher, is speculated to replace Gensler as SEC Chair under a potential Trump presidency! 🏛️
🔸 Pro-crypto shift? Could this mean favorable regulations for the crypto space? 🚀
🔹 Speculation is rising—this could be a game-changer for the entire industry! ⚖️
Stay tuned for updates, the future of crypto regulation could be evolving! 🔥
#Bitcoin❗ ❗ #SECCryptoRegulation #Debate2024
🔥 Breaking Down the Bitnomial Complaint: XRP & SEC Drama Unfolds! 🚨
👉 You HAVE to read paragraphs 34 to 36 from the Bitnomial complaint against the SEC! The SEC doubled down on its claim that XRP is a security by presenting summary judgment briefs from their battle in SEC v. Ripple Labs. But here’s the kicker: they conveniently left out a critical point... 😱
🧨 The court REJECTED the SEC’s argument that all XRP sales were investment contracts! The ruling found that the token itself, $XRP, is NOT a security! Talk about selective storytelling! 📜💥
📷 See the legal breakdown below 👇 This is one for the crypto history books!
Remember to DYOR before jumping to conclusions and investing in any crypto assets! 🧐💡
#Xrp🔥🔥 #Ripple💰 #SECCryptoRegulation #RippleVsSEC #CryptoNewss
👉 You HAVE to read paragraphs 34 to 36 from the Bitnomial complaint against the SEC! The SEC doubled down on its claim that XRP is a security by presenting summary judgment briefs from their battle in SEC v. Ripple Labs. But here’s the kicker: they conveniently left out a critical point... 😱
🧨 The court REJECTED the SEC’s argument that all XRP sales were investment contracts! The ruling found that the token itself, $XRP, is NOT a security! Talk about selective storytelling! 📜💥
📷 See the legal breakdown below 👇 This is one for the crypto history books!
Remember to DYOR before jumping to conclusions and investing in any crypto assets! 🧐💡
#Xrp🔥🔥 #Ripple💰 #SECCryptoRegulation #RippleVsSEC #CryptoNewss
XRP on the Rise: Trump’s Victory, SEC Rumors, and Ripple Strategies Fuel the Surge
🚀🚀🚀 The XRP price is on fire!🚀🚀🚀
After months of stagnation, the cryptocurrency broke through the psychologically significant $1 mark this week, skyrocketing to a high of $1.27. This represents an impressive 130% gain since the U.S. presidential election. But what’s driving this sudden surge?
The Trump Effect and SEC Shake-Up? 🇺🇸
Since Donald Trump’s election victory, the market has been buzzing. Rumors of a potential resignation by SEC Chair Gary Gensler have sparked excitement. Gensler, known for his tough stance against crypto companies, stepping down could pave the way for a more crypto-friendly regulatory environment — and XRP is reaping the benefits.
Ripple’s Secret Trump Strategy? 🤝
Another hot rumor: Ripple CEO Brad Garlinghouse has reportedly met with Trump. While Garlinghouse didn’t confirm this, he emphasized in an interview with FOX News the importance of U.S. technologies. XRP, he said, could play a leading role in this new landscape. Ripple also has an ace up its sleeve — the RLUSD Stablecoin, which is primed for launch and could further strengthen XRP’s position in the long term.
Altcoins on the Move: Stellar, Litecoin & Cardano 🌟
XRP isn’t the only winner. Litecoin (LTC) and Stellar (XLM) are also experiencing a bull run. Notably, XLM is once again mirroring XRP’s movements, continuing their historical pattern. Cardano (ADA) is also surging, supporting the idea that the “old guard” of cryptocurrencies is dominating the market once more.
Proceed with Caution! ⚠️
Despite the excitement, caution is advised. The rally could lead to overheating, especially for those using excessive leverage. Experts recommend securing profits and staying prepared for potential corrections.
#XRPGoal #BradGarlinghouse #Debate2024 #SECCryptoRegulation #Ripple💰
After months of stagnation, the cryptocurrency broke through the psychologically significant $1 mark this week, skyrocketing to a high of $1.27. This represents an impressive 130% gain since the U.S. presidential election. But what’s driving this sudden surge?
The Trump Effect and SEC Shake-Up? 🇺🇸
Since Donald Trump’s election victory, the market has been buzzing. Rumors of a potential resignation by SEC Chair Gary Gensler have sparked excitement. Gensler, known for his tough stance against crypto companies, stepping down could pave the way for a more crypto-friendly regulatory environment — and XRP is reaping the benefits.
Ripple’s Secret Trump Strategy? 🤝
Another hot rumor: Ripple CEO Brad Garlinghouse has reportedly met with Trump. While Garlinghouse didn’t confirm this, he emphasized in an interview with FOX News the importance of U.S. technologies. XRP, he said, could play a leading role in this new landscape. Ripple also has an ace up its sleeve — the RLUSD Stablecoin, which is primed for launch and could further strengthen XRP’s position in the long term.
Altcoins on the Move: Stellar, Litecoin & Cardano 🌟
XRP isn’t the only winner. Litecoin (LTC) and Stellar (XLM) are also experiencing a bull run. Notably, XLM is once again mirroring XRP’s movements, continuing their historical pattern. Cardano (ADA) is also surging, supporting the idea that the “old guard” of cryptocurrencies is dominating the market once more.
Proceed with Caution! ⚠️
Despite the excitement, caution is advised. The rally could lead to overheating, especially for those using excessive leverage. Experts recommend securing profits and staying prepared for potential corrections.
#XRPGoal #BradGarlinghouse #Debate2024 #SECCryptoRegulation #Ripple💰
📣📣📣Important News📣📣📣
Next week is very important for crypto market because tomorrow will be approval from SEC and on 23rd July 2024 $ETH ETFs will be launched & Bitcoin conference will also be held in next week in which Ex President of USA Donald Trump speech expected.
Keep eye on market👀👀👀
#ETH_ETF_Approval_23July #bitcoinconference #SECCryptoRegulation
Next week is very important for crypto market because tomorrow will be approval from SEC and on 23rd July 2024 $ETH ETFs will be launched & Bitcoin conference will also be held in next week in which Ex President of USA Donald Trump speech expected.
Keep eye on market👀👀👀
#ETH_ETF_Approval_23July #bitcoinconference #SECCryptoRegulation
Ripple vs. SEC: The Potential Appeal and Its Market Impact on XRP
As Ripple's long-running legal battle with the SEC approaches a crucial moment, the cryptocurrency community is watching closely. The possibility of a U.S. Securities and Exchange Commission (SEC) appeal could introduce a new chapter to the already contentious case. This post dives into the key aspects of the potential appeal and its possible implications for Ripple and the broader cryptocurrency market.
SEC’s Potential Appeal Strategy
The heart of the SEC’s appeal strategy centers on whether Ripple’s programmatic sales of XRP constitute an unregistered securities offering. Despite Ripple being ordered to pay a $125 million fine by Judge Torres, the blockchain company has obtained a temporary stay on this fine. Former SEC attorney Marc Fagel emphasized that the appeal would not focus on penalties but the legal framework surrounding these sales.
As the October 7 appeal deadline draws near, former SEC attorney James Farrell estimated a 75% chance of the SEC proceeding with an appeal. Failure to appeal could weaken the SEC’s stance in future cases concerning cryptocurrency regulations.
Fluctuations in XRP’s Price
XRP’s price has been notably volatile amid these legal developments. After a 1.4% decline in the last 24 hours, it now trades at $0.5834, with a trading volume of $992.51 million. Although Ripple CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty have rejected rumors of an appeal, market experts believe that any last-minute moves by the SEC could have significant ramifications for the future of XRP.
Disclaimer:
This content is for informational purposes only and does not constitute legal or financial advice. Cryptocurrency investments carry risk, and individuals should conduct thorough research before making any investment decisions.
#XRPGoal #SECCryptoRegulation #SECCryptoAccounting #RippleSEC #Xrp🔥🔥 $XRP
As Ripple's long-running legal battle with the SEC approaches a crucial moment, the cryptocurrency community is watching closely. The possibility of a U.S. Securities and Exchange Commission (SEC) appeal could introduce a new chapter to the already contentious case. This post dives into the key aspects of the potential appeal and its possible implications for Ripple and the broader cryptocurrency market.
SEC’s Potential Appeal Strategy
The heart of the SEC’s appeal strategy centers on whether Ripple’s programmatic sales of XRP constitute an unregistered securities offering. Despite Ripple being ordered to pay a $125 million fine by Judge Torres, the blockchain company has obtained a temporary stay on this fine. Former SEC attorney Marc Fagel emphasized that the appeal would not focus on penalties but the legal framework surrounding these sales.
As the October 7 appeal deadline draws near, former SEC attorney James Farrell estimated a 75% chance of the SEC proceeding with an appeal. Failure to appeal could weaken the SEC’s stance in future cases concerning cryptocurrency regulations.
Fluctuations in XRP’s Price
XRP’s price has been notably volatile amid these legal developments. After a 1.4% decline in the last 24 hours, it now trades at $0.5834, with a trading volume of $992.51 million. Although Ripple CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty have rejected rumors of an appeal, market experts believe that any last-minute moves by the SEC could have significant ramifications for the future of XRP.
Disclaimer:
This content is for informational purposes only and does not constitute legal or financial advice. Cryptocurrency investments carry risk, and individuals should conduct thorough research before making any investment decisions.
#XRPGoal #SECCryptoRegulation #SECCryptoAccounting #RippleSEC #Xrp🔥🔥 $XRP
SEC's New Reporting Rules: A Game Changer for Bitcoin and Ether ETF Issuers?
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SEC Proposes New Reporting Rules for Crypto Issuers: Potential Impact on Bitcoin and Ether ETFs
The United States Securities and Exchange Commission (SEC) has recently proposed new reporting rules that could significantly impact cryptocurrency issuers, including those seeking to launch Bitcoin and Ether exchange-traded funds (ETFs). The proposed regulations aim to enhance transparency and investor protection in the rapidly evolving crypto market.
Key Aspects of the SEC's Proposed Crypto Reporting Rules
Detailed Disclosures: The SEC is pushing for crypto issuers to provide comprehensive disclosures, including a clear description of their business, products, and services. This would require a thorough explanation of how cryptocurrencies are used within the business and the associated risks.Risk Factor Reporting: Issuers must disclose all material risks related to their crypto assets, such as technology risks, market volatility, regulatory uncertainty, and cybersecurity threats.Financial Statements: Crypto enterprises will be required to submit audited financial statements prepared in accordance with Generally Accepted Accounting Principles (GAAP) or other applicable standards. This financial transparency aims to help investors understand the issuer's financial condition and performance.Management Discussion and Analysis (MD&A): Issuers must provide an MD&A that discusses their financial condition, results of operations, liquidity, and future growth plans, including the role of cryptocurrencies in these plans.Corporate Governance: Issuers must disclose their corporate governance practices, such as the composition of their board of directors, executive compensation, and auditor independence. This information helps investors assess the issuer's commitment to transparency and accountability.
Potential Impact on Bitcoin and Ether ETF Issuers
The SEC's proposed reporting rules could have significant implications for issuers seeking to launch Bitcoin and Ether ETFs. While the SEC has already approved several spot Bitcoin ETFs in early 2024, applications for spot Ether ETFs are still under review and face unique challenges.
Staking Concerns: Ether tokens can be "staked" as collateral to support the Ethereum blockchain in exchange for rewards. The SEC has raised concerns about staking, viewing it as a potential source of unregistered income from a regulatory perspective when done through service providers. The ability to stake Ether within an ETF is a major sticking point for Ether ETF approval.Classification Uncertainty: While Bitcoin is widely considered akin to a digital commodity, there are questions about whether Ether should be classified as a security. An SEC investigation into the Ethereum Foundation could potentially lead to Ether being deemed a security, subjecting it to more regulations and making approval for Ether ETFs less likely.Increased Compliance Costs: The proposed reporting rules may increase compliance costs for crypto issuers, including those seeking to launch Bitcoin and Ether ETFs. Issuers will need to allocate resources to meet the SEC's disclosure requirements, which could impact their ability to bring these products to market.
Despite these challenges, several ETF issuers, such as VanEck, Grayscale, and Fidelity, have already filed for permission to launch Ether ETFs, anticipating eventual SEC approval.The SEC's proposed reporting rules aim to provide investors with the information they need to make informed decisions while promoting the growth of the crypto industry.
#SEC正式批准现货以太坊ETF #SECCryptoRule #SECCryptoRegulation
👉❤️VOTE me Daily & Win Rebate🎁
SEC Proposes New Reporting Rules for Crypto Issuers: Potential Impact on Bitcoin and Ether ETFs
The United States Securities and Exchange Commission (SEC) has recently proposed new reporting rules that could significantly impact cryptocurrency issuers, including those seeking to launch Bitcoin and Ether exchange-traded funds (ETFs). The proposed regulations aim to enhance transparency and investor protection in the rapidly evolving crypto market.
Key Aspects of the SEC's Proposed Crypto Reporting Rules
Detailed Disclosures: The SEC is pushing for crypto issuers to provide comprehensive disclosures, including a clear description of their business, products, and services. This would require a thorough explanation of how cryptocurrencies are used within the business and the associated risks.Risk Factor Reporting: Issuers must disclose all material risks related to their crypto assets, such as technology risks, market volatility, regulatory uncertainty, and cybersecurity threats.Financial Statements: Crypto enterprises will be required to submit audited financial statements prepared in accordance with Generally Accepted Accounting Principles (GAAP) or other applicable standards. This financial transparency aims to help investors understand the issuer's financial condition and performance.Management Discussion and Analysis (MD&A): Issuers must provide an MD&A that discusses their financial condition, results of operations, liquidity, and future growth plans, including the role of cryptocurrencies in these plans.Corporate Governance: Issuers must disclose their corporate governance practices, such as the composition of their board of directors, executive compensation, and auditor independence. This information helps investors assess the issuer's commitment to transparency and accountability.
Potential Impact on Bitcoin and Ether ETF Issuers
The SEC's proposed reporting rules could have significant implications for issuers seeking to launch Bitcoin and Ether ETFs. While the SEC has already approved several spot Bitcoin ETFs in early 2024, applications for spot Ether ETFs are still under review and face unique challenges.
Staking Concerns: Ether tokens can be "staked" as collateral to support the Ethereum blockchain in exchange for rewards. The SEC has raised concerns about staking, viewing it as a potential source of unregistered income from a regulatory perspective when done through service providers. The ability to stake Ether within an ETF is a major sticking point for Ether ETF approval.Classification Uncertainty: While Bitcoin is widely considered akin to a digital commodity, there are questions about whether Ether should be classified as a security. An SEC investigation into the Ethereum Foundation could potentially lead to Ether being deemed a security, subjecting it to more regulations and making approval for Ether ETFs less likely.Increased Compliance Costs: The proposed reporting rules may increase compliance costs for crypto issuers, including those seeking to launch Bitcoin and Ether ETFs. Issuers will need to allocate resources to meet the SEC's disclosure requirements, which could impact their ability to bring these products to market.
Despite these challenges, several ETF issuers, such as VanEck, Grayscale, and Fidelity, have already filed for permission to launch Ether ETFs, anticipating eventual SEC approval.The SEC's proposed reporting rules aim to provide investors with the information they need to make informed decisions while promoting the growth of the crypto industry.
#SEC正式批准现货以太坊ETF #SECCryptoRule #SECCryptoRegulation
🚨 BREAKING NEWS for the Terra Classic Community!
In a historic move, the SEC has mandated a massive burn of $LUNC and $USTC as part of a $4.5B settlement with TerraForm Labs (TFL).
🔥 One-third of all $LUNC tokens will be burned in the next 10 days! Deadline for completion: October 31, 2024. If TFL fails, they face hefty fines. The burn involves destroying private keys to wallets holding LUNC, UST, MIR, and LUNA tokens.
With 275 billion $LUNC set to be burned, this could be one of the largest burns in crypto history, rivaling the 1 billion USTC burn!
📉 Price Update: Despite recent gains by Bitcoin and Ethereum, $LUNC remains stuck below critical resistance at $0.000095. Traders are keeping a close eye on the next move—will it break out, or head downward?
🚨 Urgent Notice for Shuttle Bridge Users:
Withdraw your assets ASAP! The bridge will be permanently closed due to TFL’s shutdown.
While spot volumes have slowed, derivatives trading has surged with an 88% spike. Long positions on Binance have doubled over shorts, signaling renewed interest in the market.
🚀 A massive burn is on the horizon—what will it mean for $LUNC’s future? Always DYOR!
💬 Join the discussion now!
#Lunc2TheMoonSoon #TerraClassic #LuncBurn #SECCryptoRegulation #LUNAUpdate
In a historic move, the SEC has mandated a massive burn of $LUNC and $USTC as part of a $4.5B settlement with TerraForm Labs (TFL).
🔥 One-third of all $LUNC tokens will be burned in the next 10 days! Deadline for completion: October 31, 2024. If TFL fails, they face hefty fines. The burn involves destroying private keys to wallets holding LUNC, UST, MIR, and LUNA tokens.
With 275 billion $LUNC set to be burned, this could be one of the largest burns in crypto history, rivaling the 1 billion USTC burn!
📉 Price Update: Despite recent gains by Bitcoin and Ethereum, $LUNC remains stuck below critical resistance at $0.000095. Traders are keeping a close eye on the next move—will it break out, or head downward?
🚨 Urgent Notice for Shuttle Bridge Users:
Withdraw your assets ASAP! The bridge will be permanently closed due to TFL’s shutdown.
While spot volumes have slowed, derivatives trading has surged with an 88% spike. Long positions on Binance have doubled over shorts, signaling renewed interest in the market.
🚀 A massive burn is on the horizon—what will it mean for $LUNC’s future? Always DYOR!
💬 Join the discussion now!
#Lunc2TheMoonSoon #TerraClassic #LuncBurn #SECCryptoRegulation #LUNAUpdate
Russian media: Telegram will launch internal currency Telegram Stars
As reported by the Russian portal Rozetked, starting from June 12th, Telegram will introduce a new internal currency called Telegram Stars. Users can purchase it through Apple and Google, and then use it to pay for digital goods and services within Telegram bots/mini-programs. Many developers have reported receiving notifications about the token launch, and Telegram's marketing channel has also drawn attention to this. The message states that Apple has warned Telegram for violating application review rules 4.7 and 3.1.1, namely accepting payments and services from customers without using Apple's internal purchase mechanism. The report states that users will be able to purchase Stars through shopping tools in the App Store and Google Play, and may be charged a 30% service commission. Developers will be able to extract the token with TON.
#SECCryptoRegulation
#SECCryptoRegulation
$XRP ### Latest News About XRP and the SEC Lawsuit
1. **Judge Torres' Final Ruling Expected**: Both the SEC and Ripple are anticipated to appeal the decisions they lost in the XRP lawsuit. Judge Torres' final ruling is likely to be issued this year, potentially in September.
2. **Possibility of Settlement**: A settlement could occur at any point, even during the appellate court filings.
3. **SEC's Final Response Filed**: The SEC has submitted its final reply in the remedies stage of the lawsuit, contesting Ripple's claim that it acted without recklessness and asserting that there is no widespread uncertainty about XRP's legal status.
4. **Ripple’s Chief Legal Officer's Comments**: Stuart Alderoty, Ripple’s chief legal officer, remarked on the SEC's declining reputation. He noted that international financial regulators with advanced crypto licensing frameworks might be surprised by the SEC's approach, likening it to issuing fishing licenses.
#SECCryptoRegulation #XRPGoal #buythedip #BlackRock
1. **Judge Torres' Final Ruling Expected**: Both the SEC and Ripple are anticipated to appeal the decisions they lost in the XRP lawsuit. Judge Torres' final ruling is likely to be issued this year, potentially in September.
2. **Possibility of Settlement**: A settlement could occur at any point, even during the appellate court filings.
3. **SEC's Final Response Filed**: The SEC has submitted its final reply in the remedies stage of the lawsuit, contesting Ripple's claim that it acted without recklessness and asserting that there is no widespread uncertainty about XRP's legal status.
4. **Ripple’s Chief Legal Officer's Comments**: Stuart Alderoty, Ripple’s chief legal officer, remarked on the SEC's declining reputation. He noted that international financial regulators with advanced crypto licensing frameworks might be surprised by the SEC's approach, likening it to issuing fishing licenses.
#SECCryptoRegulation #XRPGoal #buythedip #BlackRock
Important news: Michael Saylor predicts that the SEC will tighten regulations on altcoins, potentially reshaping the crypto market. This could lead to stricter compliance requirements and enforcement actions, affecting altcoin trading dynamics, liquidity, and investor sentiment. Traders may need to reconsider their portfolio strategies. If Saylor's predictions are accurate, the crypto market might see increased compliance and fewer tradable altcoins, potentially impacting stability and innovation. Keep an eye on SEC announcements, market reactions, and expert opinions for further insights. Stay tuned for updates as increased SEC scrutiny could redefine crypto trading and investment. #CryptoNews #Altcoins #SECCryptoRegulation #
MichaelSaylor
$BTC
$SOL
$USDC
MichaelSaylor
$BTC
$SOL
$USDC
🚨🚨BREAKING NEWS** 🚨
GARY GENSLER COULD BE OUT NEXT WEEK! 😱
- 🗣️ Kamala Harris' donors are pressuring her team
- 🔥 SEC's Gensler facing intense scrutiny!
- 📊 Bloomberg reports on this unfolding story 📰
Could this be the end of Gensler’s leadership at the SEC? 👀 Stay tuned!
#CryptoNews🚀🔥 #SECCryptoRegulation #BreakingCryptoNews
- 🗣️ Kamala Harris' donors are pressuring her team
- 🔥 SEC's Gensler facing intense scrutiny!
- 📊 Bloomberg reports on this unfolding story 📰
Could this be the end of Gensler’s leadership at the SEC? 👀 Stay tuned!
#CryptoNews🚀🔥 #SECCryptoRegulation #BreakingCryptoNews