SEC Chairman Gary Gensler has argued the vast majority of cryptocurrencies are securities whose issuers violate federal securities laws. Republican Sen. Cynthia Lummis of Wyoming said she agreed.
U.S. Securities and Exchange Chairman Gary Gensler has won the ire of many in the crypto community by arguing that the vast majority of digital tokens are securities and that their issuers are violating the law by not registering with the agency.
Lummis emphasized, however, that bitcoin BTCUSD, -4.01% and ether ETHUSD, -3.30%, which account for about 65% of the total cryptocurrency market capitalization, are obviously commodities that should be regulated by the Commodity Futures Trading Commission. She added that because there are possibly as many as 19,000 individual cryptocurrencies and that it’s likely that most are securities.
CFTC Chairman Rostin Benham also spoke at the Washington Post event, saying that “probably hundreds” of cryptocurrencies are in fact securities and should be registered with the SEC.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
SEC is investigating Binance's BNB token: BloombergThe Securities and Exchange Commission (SEC) is investigating whether Binance's BNB token was a security at the time of its sale in 2017, according to Bloomberg.
Weiterlesen »
WSJ News Exclusive | SEC Closes In on Rules That Could Reshape How Stock Market OperatesThe agency’s chairman, Gary Gensler, is expected to outline ideas for improving market efficiency and how investor orders are handled in a speech Wednesday.
Weiterlesen »
BREAKING: SEC Investigating Binance's BNB.SECGov is reportedly investigating whether BNB is an unregistered security
Weiterlesen »
SEC is investigating Binance over its BNB token | EngadgetThe agency wants to know if BNB was an unregistered token offering..
Weiterlesen »
Bitcoin Ends Nine-Week Losing Streak & SEC Accused of Mocking Investors [ Crypto Espresso 06.6.22 ]Get your daily dose of crypto caffein with CoinMarketCap cryptoexpresso ☕️ Bitcoin breaks gruesome losing streak… 🔥 …as anger over Coinbase hiring freeze grows 😡 Is the SEC mocking crypto investors? 🧐 Man arrested over $3m crypto robbery 🚨
Weiterlesen »
Breaking: U.S. SEC Launches Investigation Against Binance Coin (BNB)Per a Bloomberg report, the U.S. Securities and Exchange Commission launched a probe against crypto exchange Binance’s native token Binance Coin (BNB). The Commission is investigating Binance Holdings Ltd., the report claims, for potentially breaking U.S. securities law. Related Reading |...
Weiterlesen »