Oregon’s Attorney General warned Coinbase today, April 18, that it will bring a securities enforcement action against the company. This news was shared directly by Coinbase’s Chief Legal Officer, Paul Grewal on Twitter. This move comes in the wake of a widely reported recent turn by the Securities and Exchange...
Still, Gensler’s SEC certainly did seem like a moralizing, inflexible gale force wind. Enforcement, enforcement, enforcement. It sent a message that has left many in the crypto ecosystem feeling cornered, repressed, and quite honestly, persecuted. Was every project a scam? Of course not. Under Gensler, it seemed like that was...
In short, the SEC is seeing the trees and missing the forest. Badly. We're all caught in this endless loop, debating decentralization like it's the holy grail of crypto regulation. But let's be honest, isn't this whole "decentralization determines security status" argument a convenient smokescreen? Without question, this feels like...
The short, fervent history of cryptocurrency regulation is bracing for a major change. Paul Atkins, former SEC commissioner during the George W. Bush administration, has been mentioned as a possible nominee to be the next SEC chairman. This prospect sparks debate: Will Atkins usher in a new era of crypto-friendly...
The crypto traders, emboldened perhaps by a sense that the regulatory winds are shifting, are rolling the dice on their own high-stakes wager. For months now, they have been pushing the SEC to lead the way on regulation. Yet, they’re looking for more flexibility than Congress is likely to offer....
The Securities and Exchange Commission (SEC) appears to be softening its stance on cryptocurrency regulation, signaling a potential shift towards collaboration with Congress. This development comes as the SEC has recently issued guidance on stablecoins and memecoins, defining the latter as tokens "inspired by internet memes, characters, current events, or...
The SEC's recent pause in its legal battles, particularly that Kentucky case involving 18 state attorneys general, might seem like a US-centric event. But believe me, it sends out ripples much farther than United States shores – especially to Southeast Asia. It goes far beyond just regulatory turf wars; it’s...
Additionally, a Kentucky federal judge has issued a 60-day stay in the lawsuit. This lawsuit, led by 18 state AGs and the DeFi Education Fund against the SEC. In early November 2023, a new legal challenge appeared on the scene. This lawsuit argues that the SEC has overstepped its boundaries...
The news out of Kentucky runs far deeper than a procedural pause. The lawsuit, which was brought by a bipartisan coalition of 18 state attorneys general, had been temporarily halted by a federal judge under the SEC’s motion. Ostensibly, it’s a temporary pause to test the waters. Stop the litigation,...
A federal judge has temporarily stopped one of the most significant lawsuits in years against the U.S. Securities and Exchange Commission (SEC). This development has led to much speculation regarding potential shifts in the regulatory environment surrounding cryptocurrencies. A coalition of 18 state attorneys general and the newly formed DeFi...
