SEC
First Mover Americas: Bitcoin Falls to $28K
The latest price moves in crypto markets in context for April 21, 2023.

U.S. SEC Warns Advisers They Need to Know Crypto Before Recommending to Clients
Brokers and investment advisers have to understand crypto and ensure it's in clients’ best interests before pitching investments, the SEC staff said in a bulletin.

Crypto Lawyer Reacts to SEC Chair Gensler Declining to Call Ether a Security at Congressional Hearing
SEC Chair Gary Gensler refused to say whether ether was a security during a nearly five-hour hearing before the House Financial Services Committee yesterday. Joshua Ashley Klayman, Linklaters U.S. Head of Fintech and Head of Blockchain and Digital Assets reacts, explaining why this was "the best the industry could have hoped from him."

SEC Chair Gary Gensler Dodges Answering Question: ‘Is Ether a Security?’
U.S. Securities and Exchange Commission Chair Gary Gensler repeatedly dodged the question on whether Ethereum is a security or a commodity in Tuesday's House Financial Services Committee hearing. Linklaters U.S. head of fintech and head of blockchain and digital assets Joshua Ashley Klayman weighs in, saying, "the fact he did equivocate on the answer is a positive for the industry." Howard Fischer, Moses Singer partner and former SEC senior trial counsel, added that this "may reflect the internal processes at the SEC."

SEC Chair Gensler Refuses to Say if Ether Is a Security During House Hearing
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler refused to say whether ether (ETH), the second-largest cryptocurrency by market cap, was a security during a nearly five-hour hearing Tuesday before the House Financial Services Committee. Howard Fischer, Moses Singer partner and former SEC senior trial counsel, along with Joshua Ashley Klayman, Linklaters U.S. head of fintech and head of blockchain and digital assets, discuss their takeaways from the hearing.

SEC Chair Gensler Declines to Say if Ether Is a Security in Contentious Congressional Hearing
Gary Gensler testified before the House Financial Services Committee for roughly five hours on Tuesday.

What’s in the House Financial Services Committee’s Stablecoin Bill?
It would ban a future terraUSD, at least temporarily, and create licensing rules for fiat-backed stablecoin issuers.

Crypto Companies May Use a Supreme Court Doctrine to Push Back Against SEC: Lawyer
The high court's "major questions doctrine" could be used to limit the regulator's actions against crypto, said Jason Gottlieb, a partner at Morrison Cohen LLP.

SEC Chair Gary Gensler in Congressional Hot Seat Over Crypto Policy and Plans
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler got grilled today in a heated hearing before the House Financial Services Committee over crypto policy and regulation. "The Hash" panel discusses their reactions and the outlook for crypto regulatory clarity.

Rep. McHenry Grills SEC Chair Gensler With Question on Ether
U.S. Rep. Patrick McHenry (R-N.C.), chairman of the House Financial Services Committee, questions Securities and Exchange Commission (SEC) Chair Gary Gensler on whether he views ether (ETH) as a security or commodity.
