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The Latest Breaking News from SEC

Solana survived Sam Bankman-Fried. Can it survive Gary Gensler?

The risk for the blockchain is “potentially existential,” says one legal expert, but developers remain unfazed.

Fortune

SEC’s Gensler seen telling hedge funds that Ethereum and Litecoin are ‘not securities’ in 2018 video

A 2018 video has surfaced that shows now-Chairman Gary Gensler saying that 75% of the crypto market is outside of the legal definition of a security.

Fortune

Cryptopocalypse

Episode 462 of the Cyberlaw Podcast

Reason

From analysis to the latest developments in health,
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Eagles highly impressed with Jalen Carter and Nolan Smith following OTAs

USA Today Sports Media Group

Drugmaker Mallinckrodt may renege on $1.7 billion opioid settlement

Victims of prescription opioid addiction as well as communities slammed by the opioid crisis could wind up with nothing if Mallinckrodt files for a second bankruptcy.

WEKU

XRP shrugs off crypto market downswing in wake of SEC lawsuits against Binance, Coinbase

The cryptocurrency was not named a security in last week’s SEC lawsuits.

Fortune

Which is the Better Buy in June: Coinbase Global Inc. (COIN) or Salesforce, Inc. (CRM)?

Amidst challenging economic conditions, the software industry has demonstrated remarkable resilience by continuously embracing innovation. Let us explore two notable companies in the sector, Coinbase Global (COIN) and Salesforce (CRM), which have been making headlines recently and analyze the better buy. Read on.

StockNews.com

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Violence intensifies during filing of papers for Bengal panchayat polls

Several incidents of clashes were reported from different parts of West Bengal, as unidentified miscreants allegedly attacked Opposition leaders while they were on their way to file nomination papers for the panchayat polls.

The Hindu

a16z is expanding outside the U.S. for the first time with a crypto London office

The move comes amid regulatory crackdowns from the SEC.

Fortune

Solano, Cardano and Polygon plunge nearly 30% as big firms dump holdings after SEC allegations

A massive sell-off on Friday appears tied to the likes of Jump Capital and Cumberland dumping their holdings.

Fortune

SEC lawsuits against cryptocurrency companies raise questions about industry's future

Two recent lawsuits filed by the U.S. Securities and Exchange Commission against the world’s biggest cryptocurrency exchanges have reopened tensions between the government and a volatile industry that has been marred by scandals and market meltdowns

The Independent UK

Bengal Panchayat Polls: State Election Commission orders videography of nomination filing

According to the SEC, the order has been issued for the free and fair proceedings of the nomination filing procedure. Read further on Dynamite News:

Dynamite News

West Bengal rural Poll: Violence continues on second day of nomination filing

KOLKATA: Incidents of violence continued on the second day of nomination filing for West Bengal panchayat polls on Saturday. The opposition BJP, Congress and CPI(M) alleged that their candidates were prevented from submitting papers by the ruling TMC activists and goons.

The Times of India

This Week in the Metaverse: The Sandbox and Decentraland are caught in SEC's crosshairs

The native cryptocurrencies of the two platforms were named securities in lawsuits by the Securities and Exchange Commission.

Fortune

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WEKU

Wall Street's top cop is determined to bring crypto to heel. He just took a big shot

The SEC announced this week a barrage of lawsuits against crypto exchanges Coinbase and Binance. The outcome could help define the future of the cryptocurrency sector.

Fortune

The SEC regulations on climate disclosures are an opportunity for business, as well as a cost

Businesses that get to grips with ESG risks will have an advantage over their peers.

Fortune

The IRS is stuck in a political logjam–but whistleblowers can stop its decline

Even in a politically divided climate, if we are using tax dollars to find unpaid taxes, getting the best return on investment would be desirable.

Fortune

Gensler can destroy the U.S. crypto industry but he can’t kill crypto

The SEC chair’s assault on the U.S. crypto industry could have unintended consequences.

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news in one place.

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Fortune

Binance's U.S. subsidiary pauses dollar deposits in wake of SEC lawsuit, says it's becoming a 'crypto-only exchange'

The SEC sued Binance on Tuesday, alleging 13 counts that included the mishandling of customer funds and offering unregistered securities.

Fortune

Robinhood to delist tokens for Solana, Cardano, and Polygon after SEC suits name them as securities

SOL, ADA, and MATIC comprised a list of 13 cryptocurrencies the SEC said were securities.

Fortune

Pantera founder Dan Morehead thinks SEC suits against Binance and Coinbase could lead to regulations in event ‘nobody is expecting’

The pair of lawsuits could play a part in leading to more clarity for the industry, he said.

USA Today Sports Media Group

Five opponents we want to see on Georgia’s 2024 SEC schedule

Who should Georgia play in the SEC during the 2024 college football season?

The Guardian - US

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

Bangkok Post

Binance halts trading in US dollars

NEW YORK: The American branch of Binance, the giant cryptocurrency exchange, said late Thursday that it would no longer allow customers to trade on its platform using United States dollars, after its banking partners cut the firm off in response to a crackdown by federal regulators.

The Guardian - UK

Binance.US prepares to suspend US dollar deposits and withdrawals from exchange

Company tells customers to withdraw their US dollars days after US regulators sued the company and its founder

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