crypto regulation
SEC Chair Gensler: Coinbase Should Register With Regulator
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler told the Senate Banking Committee Tuesday crypto exchanges like Coinbase should register with the regulator. CoinDesk’s Nikhilesh De discusses the main takeaways in the latest escalation of Gensler’s previous statements regarding whether crypto trading platforms qualify as securities exchanges.
Coinbase Goes Public in Its Fight With the SEC
Coinbase might be picking a fight with the U.S. Securities and Exchange Commission (SEC) over its soon-to-be-launched Lend product. The crypto exchange says the agency hasn’t clearly explained why Lend is a security and is marshaling its customer base for support.
BlockFi CEO Wants SEC to Weigh in on Crypto Lending
Zac Prince, CEO of prominent crypto lending firm BlockFi, voiced optimism that the crypto lending industry will survive despite ongoing regulatory crackdowns but said it would ultimately need a word from the feds. This comes as BlockFi's interest-bearing crypto account has come under regulatory scrutiny in at least five U.S. states. "The Hash" panel reacts, discussing the possible fate of BlockFi and the lending industry.
SEC Chair Gary Gensler to Appear Before Senate Banking Committee on Regulating Crypto
CoinDesk’s Nikhilesh De discusses what to expect from Tuesday’s Senate Banking Committee hearing as U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler is scheduled to testify regarding the SEC’s role in crypto regulation. Plus, reactions to Gensler suggesting the SEC could ban certain Chinese companies from trading in the U.S.
Circle CEO Jeremy Allaire on Stablecoins
Jeremy Allaire of neo-bank Circle digs into the world of stablecoins as the issuer of the second-largest stablecoin by market cap USDC. He joins "First Mover" live from the 2021 SALT Conference in New York to share his insights into USDC's backings, growth of stablecoins, tether (USDT)'s reserve breakdown, and his reactions to Coinbase receiving a SEC Wells notice over its lending product. Plus, insights into Circle's future plans as it prepares to go public.
Brian Brooks: ‘My View About Navigating the US Waters Is a Little Bit Different From CZ’s’
Live from the 2021 SALT Conference in New York, Brian Brooks, former Acting Comptroller of the Currency, discusses why he stepped down as Binance.US CEO after just four months on the job, citing “strategic differences” between himself and Binance founder Changpeng “CZ” Zhao.
Thomas Lee: 'Bitcoin Can Easily Get to $100K Before Year End'
Thomas Lee, a managing partner for Fundstrat Global Advisors, discusses his bullish outlook for bitcoin as he maintains it could "easily get to $100,000 before year end." Plus, his insights into the potential impact of the Fed's policy on the crypto markets, broad institutional exposure in digital assets, El Salvador's Bitcoin Law, regulation fears, and bitcoin as the world's reserve currency.
South Korea’s Registration Deadline for Crypto Exchanges Could Erase $2.6B in Assets
Around $2.6 billion worth of digital assets could be wiped out when South Korea’s deadline for crypto exchange registration rolls around on Sept. 24, suggesting a majority of Korean crypto exchanges could shut down later this month.
What to Expect From Tuesday’s Senate Banking Committee Hearing
The Senate Banking Committee is holding its oversight hearing of the SEC Tuesday, with Chair Gary Gensler testifying as the sole SEC Commissioner to do so. CoinDesk’s Nikhilesh De discusses the specifications and potential outcomes. Plus, his take on tapering ahead of Tuesday’s updated inflation numbers.
CFTC Comissioner Dan Berkovitz to Step Down in September
Dan Berkovitz, one of the top officials at the Commodity Futures Trading Commission (CFTC), intends to depart the agency on Oct. 15. Berkovitz will be the second commodities regulator to step down in 45 days following Brian Quintenz.