House Subcommittee Hearing Highlights Risks and Opportunities of AI and Digital Assets in Financial Sector

The House Financial Services Subcommittee on Digital Assets, Financial Technology, and Inclusion recently held a significant hearing to address the impact of new technologies on the financial sector. Representatives from federal agencies, including the Federal Reserve, SEC, and OCC, testified about the increasing influence of digital assets, distributed ledgers, and artificial intelligence (AI). The hearing […]

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House Subcommittee Hearing Highlights Risks and Opportunities of AI and Digital Assets in Financial Sector

The House Financial Services Subcommittee on Digital Assets, Financial Technology, and Inclusion recently held a significant hearing to address the impact of new technologies on the financial sector. Representatives from federal agencies, including the Federal Reserve, SEC, and OCC, testified about the increasing influence of digital assets, distributed ledgers, and artificial intelligence (AI). The hearing […]

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SEC Urges Judge to Determine Classification of Crypto Assets as Securities in Terraform Labs Lawsuit

The United States Securities and Exchange Commission (SEC) has requested the judge in the civil case against Terraform Labs and its co-founder Do Kwon to determine whether certain crypto assets should be classified as securities. The SEC aims to bypass a jury trial and have the judge decide on the regulatory status of Terraform Labs’ […]

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SEC Urges Judge to Determine Classification of Crypto Assets as Securities in Terraform Labs Lawsuit

The United States Securities and Exchange Commission (SEC) has requested the judge in the civil case against Terraform Labs and its co-founder Do Kwon to determine whether certain crypto assets should be classified as securities. The SEC aims to bypass a jury trial and have the judge decide on the regulatory status of Terraform Labs’ […]

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SEC Delays Decision on Grayscale’s Ethereum ETF Offering

The United States Securities and Exchange Commission (SEC) has postponed its decision on whether to approve or disapprove a spot Ethereum exchange-traded fund (ETF) offered by Grayscale, an asset manager. The SEC stated that it needs more time to consider the proposed rule change and the issues raised. As a result, the commission has designated […]

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SEC Delays Decision on Grayscale’s Ethereum ETF Offering

The United States Securities and Exchange Commission (SEC) has postponed its decision on whether to approve or disapprove a spot Ethereum exchange-traded fund (ETF) offered by Grayscale, an asset manager. The SEC stated that it needs more time to consider the proposed rule change and the issues raised. As a result, the commission has designated […]

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SEC Argues Court, Not Jury, Should Determine Security Status of Terra’s Crypto Assets

The U.S. Securities and Exchange Commission (SEC) has submitted a letter to Judge Jed Rakoff in the ongoing case against Terraform Labs, arguing that the crypto assets in question should be classified as securities. The SEC proposes that the court, rather than a jury, determine whether the tokens are securities. The SEC cites the Howey […]

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SEC Argues Court, Not Jury, Should Determine Security Status of Terra’s Crypto Assets

The U.S. Securities and Exchange Commission (SEC) has submitted a letter to Judge Jed Rakoff in the ongoing case against Terraform Labs, arguing that the crypto assets in question should be classified as securities. The SEC proposes that the court, rather than a jury, determine whether the tokens are securities. The SEC cites the Howey […]

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Regulator Suggests Binance Settlement Could Shape Future of Crypto Regulation

A senior U.S. regulator has suggested that the recent $4.3 billion settlement with Binance could mark a turning point in the regulation of cryptocurrency firms. The settlement, which was for violating anti-money laundering and sanctions laws, may serve as a model for the industry. CFTC Commissioner Kristin Johnson expressed her hope that this case would […]

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Regulator Suggests Binance Settlement Could Shape Future of Crypto Regulation

A senior U.S. regulator has suggested that the recent $4.3 billion settlement with Binance could mark a turning point in the regulation of cryptocurrency firms. The settlement, which was for violating anti-money laundering and sanctions laws, may serve as a model for the industry. CFTC Commissioner Kristin Johnson expressed her hope that this case would […]

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