Crypto News

SEC Charges TrueUSD with Misleading Statements on Stablecoin Reserves

The SEC has accused TrueCoin LLC and TrustToken Inc. of misleading investors about TrueUSD's reserves, revealing high-risk offshore investments instead of full backing by USD. This case raises conc...

SEC Chair Explores Digital Asset Custody Structures for Cryptocurrencies Beyond Bitcoin and Ethereum

SEC Chair Gary Gensler discusses the potential expansion of BNY Mellon's digital asset custody structure, applicable to cryptocurrencies beyond just Bitcoin and Ethereum ETFs, highlighting the impo...

SEC's Moves to Redefine Exchange and Trading Systems Impact Digital Assets

The SEC, led by Gary Gensler, seeks to redefine 'exchange' and trading systems, impacting crypto and DeFi markets. Proposed changes aim to enhance Treasury market efficiency but face significant cr...

SEC Chair Gary Gensler Declares Bitcoin Is Not A Security

In an interview with CNBC, SEC Chairman Gary Gensler clarified that Bitcoin is not classified as a security, highlighting the need for clear regulations in the cryptocurrency sector.

SEC Chair Emphasizes Need For Investor Protection In Crypto Market

In an interview, SEC Chairman Gary Gensler highlighted the necessity of investor protection in the cryptocurrency landscape for its sustainability. He stressed the SEC's role in ensuring fairness a...