Latest News and Articles about Gary Gensler
SEC Under Fire: Crypto Industry’s Vendetta Against Overregulation
SEC Faces Industry Backlash Over Crypto Regulations: A Modern-Day Vendetta? The U.S. Securities and Exchange Commission (SEC) is under fire from the cryptocurrency industry, with insiders describing the situation as an “Italian vendetta.” This conflict arises from the SEC’s aggressive regulatory approach under former Chair Gary Gensler during the Biden administration. Crypto industry pushes back […]
Read MoreCrypto ETF Applications Double to 33 Post-Gensler, Include Trump Memecoin
Crypto ETF Surge Post-Gensler: From Bitcoin to Trump Memecoins Following the resignation of former SEC Chair Gary Gensler, the crypto ETF landscape has seen a dramatic doubling in applications, now reaching 33 filings. This surge includes unconventional offerings like ETFs based on Dogecoin, Solana, Litecoin, and even a Trump-themed memecoin. Crypto ETF applications double post-Gensler’s […]
Read MoreRipple Celebrates Gensler’s SEC Exit, XRP Soars 30%
Ripple Cheers As Gary Gensler Exits SEC Leadership Gary Gensler’s resignation as Chairman of the U.S. Securities and Exchange Commission (SEC) has sent waves of optimism through the cryptocurrency community, especially Ripple Labs. Ripple’s Chief Legal Officer, Stuart Alderoty, quipped on social media, “Today marks Gensler’s last full day. Starting tomorrow, ‘Gary who?’ will be […]
Read MoreGensler’s Exit: Bitcoin Not a Security, Ethereum’s Fate Unclear
SEC Never Classified Bitcoin or Ethereum as Securities: Gary Gensler’s Final Stance As SEC Chair Gary Gensler steps down, he leaves behind a legacy of regulatory ambiguity that continues to shape the future of cryptocurrencies like Bitcoin and Ethereum. Gensler: Bitcoin and Ethereum not classified as securities Bitcoin likened to assets like gold Ethereum’s status […]
Read MoreUS Court Demands SEC Justify Lack of Clear Crypto Rules Amid Coinbase Case
US Judges Demand SEC Explain Refusal to Craft Clear Crypto Rules Amid Coinbase Lawsuit US Court demands SEC justify refusal to set clear crypto rules SEC labeled “unreasonable and inconsistent” in court ruling Coinbase’s case paused; heading to appeals court Timing of ruling coincides with end of Gary Gensler’s term A three-judge panel from the […]
Read MoreCoinbase Triumphs in Court: SEC Forced to Reconsider Crypto Rules
Coinbase’s Partial Win Against SEC: A Landmark Ruling Coinbase has secured a significant victory against the U.S. Securities and Exchange Commission (SEC) at the Third Circuit Court of Appeals, a decision that could reshape crypto regulations and challenge Gary Gensler’s leadership. Coinbase wins writ of mandamus against SEC Court criticizes SEC’s denial as “vague” and […]
Read MoreGary Gensler Slams Crypto: Non-Compliance and Bad Actors Under Scrutiny
Gary Gensler’s Parting Shot: Crypto Market Under Fire Outgoing SEC Chair Gary Gensler has delivered a scathing critique of the cryptocurrency market, highlighting its struggles with compliance and the presence of “bad actors.” In his final interview, Gensler’s comments underscore the regulatory challenges facing the sector, despite it representing less than 1% of the US […]
Read More