SEC Asks NY Court to Deny Coinbase’s ‘Breathtakingly Broad’ Subpoena Request
The regulatory agency has taken umbrage with Coinbase’s attempt to subpoena SEC Chair Gary Gensler’s personal emails.
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Does the SEC Really Have Jurisdiction Over NFT Art? Two Artists Sue SEC to Get an Answer
The SEC’s approach towards NFTs, plaintiffs argue, “has the potential to bleed into the traditional arka and collectibles markets in an unprecedented and boundless manner.”
Financial
XRP Surges 7% Amid Ripple-SEC Settlement Hopes, $600M Token Unlock
XRP trading activity is heightening in South Korea, where traders tend to get euphoric about rallying tokens.
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Democrats Have Made a ‘Horrific Mistake,’ Says SkyBridge Capital’s Anthony Scaramucci
The former White House Communications Director under President Trump spoke in an exclusive interview with CoinDesk’s Jennifer Sanasie.
Financial
Judge Sends Coinbase Back to the Drawing Board Over Efforts to Subpoena SEC’s Gary Gensler
The New York judge overseeing the SEC’s case against Coinbase said the crypto exchange’s attempts to subpoena Gensler’s personal devices were surprising – “and not in a good way.”
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SEC Commissioner Grilled on Bitcoin ETFs as Senators Weigh U.S. Regulator Nominees
Crypto wasn’t a major topic in a four-person confirmation hearing before the Senate Banking Committee, though SEC Commissioner Crenshaw was questioned on bitcoin ETFs.
Financial
U.S. SEC Sues Crypto-Friend Silvergate Bank, Alleging ‘Misleading’ Statements Around AML Program
Silvergate’s executives were aware of ‘critical deficiencies’ in the bank’s anti-money laundering protections, the SEC alleged.
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U.S. Judge Lets Most of SEC Case Against Binance Proceed, Dismisses Secondary Sales Charge
A federal judge ruled the SEC had plausibly alleged Binance, Binance.US and Changpeng Zhao violated federal securities laws.
Financial
SEC Sues ConsenSys Over MetaMask Staking, Broker Allegations
The SEC alleged that MetaMask acted as an unregistered securities broker and that its staking service violated securities laws.
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Supreme Court Rules to Overturn the Chevron Doctrine, Curbing Federal Agencies’ Power
Created by the Supreme Court in the 1980s, the Chevron deference gave regulators leeway to interpret the laws they are responsible for implementing.