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The Latest Breaking News from Gary Gensler

US targets Binance and Coinbase – is the government ready to regulate crypto?

Regulators have been confused about whether cryptocurrency is a security or a commodity, but clarity appears imminent

The Guardian - US

Gensler rejects idea that Coinbase and Robinhood couldn't comply with SEC: 'They know how to register'

The SEC chair has often asked publicly for crypto companies to come in and register. They said they've tried and been rejected.

Fortune

Gary Gensler's SEC Cracks Down on Coinbase and Binance

The SEC is suing Coinbase, alleging that it's an unregistered securities broker, after targeting Binance the day before.

Reason

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Elizabeth Warren says in letter to DOJ that Binance apparently gave Congress 'false and misleading information'

Warren and another Democratic senator sent a letter to Attorney General Merrick Garland on Wednesday.

Fortune

Will SEC Head's Binance Ties Complicate Legal Action?

Binance lawyers requested SEC Chair Gary Gensler recuse himself from the lawsuit against the crypto exchange based on past ties.

Investors Business Daily

Gary Gensler offered to serve as informal advisor for Binance, the exchange’s lawyers allege

Gensler has since that Zhao and Binance "engaged in an extensive web of deception."

Fortune

Two of the richest crypto bros saw nearly $2 billion wiped from their combined net worth

Coinbase CEO Brian Armstrong said he was “disappointed” by the SEC’s actions, arguing they were “not good for America.”

Fortune

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Why Gary Gensler's crusade against crypto could mean the end of Coinbase in the US

The SEC chair's crusade against Coinbase and savvy politicking could mean the end of crypto companies in the U.S.

Fortune

Gensler steals the limelight from House Republicans

Another ambitious crypto bill is stalled by landmark SEC lawsuits against Binance and Coinbase.

Fortune

US SEC sues Coinbase for breaking market rules

The move, a day after it sued Binance and its founder, are part of SEC’s push to assert control over crypto markets.

Al Jazeera

U.S. crypto industry dodges a bullet with USDC not listed among crypto securities in SEC lawsuit against Coinbase

Fortune

Really 'bro'? Binance's outrageous behavior is a bad look but the SEC didn't have to spike the football

Binance's wash trading and other flagrant attempts to dodge U.S. compliance rules are an embarrassment. The SEC's own conduct doesn't look great either.

Fortune

Coinbase Tumbles as SEC Files Lawsuit, Tightens Crypto Market Grip Following Binance Allegations

'We allege that Coinbase, despite being subject to the securities laws, commingled and unlawfully offered exchange, broker-dealer, and clearinghouse functions,' the SEC said.

The Street

Solana, Polygon, Cardano, and BNB named as securities in SEC suit against Binance

The complaint expands jurisdiction for the agency as it continues to target key cryptocurrencies.

Fortune

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WEKU

The SEC sues Binance, unveils 13 charges against crypto exchange in sweeping lawsuit

U.S. regulators sued Binance, saying the world's largest crypto trading platform misled investors and regulators. The accusations were part of 13 charges unveiled by the SEC.

The Independent UK

SEC says crypto firm Binance mishandled funds, violated securities laws

The world’s largest cryptocurrency exchange Binance and its founder Changpeng Zhao are accused of misusing investor funds, operating as an unregistered exchange and violating a slew of U.S. securities laws in a lawsuit filed by the SEC

Fortune

Ripple fans push the cryptocurrency up as they hope for a positive outcome in court case with SEC

The cryptocurrency is up nearly 8% over the past week.

Fortune

Why Gary Gensler can find a sympathetic crowd among Bitcoiners

Why Coinbase’s lawsuit against the SEC is more than what it seems.

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Fortune

Strike expands Bitcoin payments to 65 countries, moves global headquarters to El Salvador

The Jack-Mallers led Lightning app says it can now support nearly 3 billion people globally.

Investors Business Daily

Banks: 10 Weeks Into The Bank Wreck. Where Do We Stand? Who's At Risk?

Regional banks remain under pressure 10 weeks after the start of the bank crisis. Regulators, JPMorgan's Jamie Dimon aim at short sellers.

Roll Call

The GOP wants you* to quit your job - Roll Call

* If President Joe Biden appointed you, that is. During the Trump era, Democratic calls for Cabinet resignations also were frequent.

Investors Business Daily

Bank Stocks Pare Early Losses. 'Equity Manipulation' Threat Rises.

Bank stocks turned mixed Tuesday after financial shares pared gains Monday. Investors digest latest data. Calls for short sale ban increase.

Investors Business Daily

Bank Crisis: Bankers Call For Probe Into Short Sellers. Elizabeth Warren Wants Answers From First Republic.

The ABA called for a probe into short sellers profiting off the bank crisis. Sen. Warren wants answers from First Republic executives.

Fortune

Chamath Palihapitiya: 'Crypto is dead in America' thanks to regulators

“The United States authorities have firmly pointed their guns at crypto,” the investor said in a podcast episode released Saturday.

Fortune

New Coinbase court challenge adds to mounting legal battle: 'We're absolutely convinced the SEC is violating the law'

The firm says the SEC ignoring its petition from July amounts to a "pocket veto."

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