SEC
SEC typically refers to U.S. Securities and Exchange Commission which "protects investors in the $3.8 trillion municipal securities markets that cities and towns rely on to provide neighborhood schools, local libraries and hospitals, public parks, safe drinking water and so much more". But it can also refer to the security and exchange regulation bodies of other countries.
SEC Chair Gary Gensler Warns Crypto Companies
Kraken agreed to shut down its U.S. staking services and initiatives, but SEC chair Gary Gensler advised other businesses to “come in and respect the law.”
Kraken Agrees to Cease Staking Services for U.S. Clients
Kraken settled with the SEC by ending its staking program and paying $30 million in disgorgement, prejudgment interest, and civil penalties.
Digital Asset Protection Firm Coincover Secures $30 Million in Funding Round
Foundation Capital and CMT Digital invest $30 million in Coincover to safeguard digital assets.
The U.S. government's regulatory strategy towards crypto firms
US officials reportedly discourage banks from serving the bitcoin business.
SEC to Keep Close Watch on Crypto Brokers and Advisers
The SEC stated the 2023 review goals would ensure crypto brokers and advisors follow "respectful standards of care."
Voyager Digital Subpoenas FTX Executives
Kirkland & Ellis, Voyager Digital's attorneys, subpoenaed FTX co-founders Sam Bankman-Fried and Gary Wang, former Alameda Research CEO Caroline Ellis, and FTX executive Ramnik Arora for DOJ and SEC case papers.
Former Coinbase Product Manager Seeks to Dismiss SEC Charges of Insider Trading
Ten lawyers from five law firms filed a move to dismiss an SEC insider trading lawsuit against two brothers, calling the regulator "wrong" and lacking government authorisation.
South Korea Establishes Guidance for Regulating Digital Assets as Securities
The step prepares for security token legalisation in the nation.
WisdomTree cryptocurrency funds lose value in fourth quarter
Despite rising revenues and fund inflows, the $82 billion fund manager posted a fourth-quarter net loss.
The Number of Crypto-Related Enforcement Actions in the United States Grows
Blockchain risk monitoring business Solidus Labs predicts a significant rise in US federal and state enforcement actions in 2022.