Breaking
December 11, 2024

Regulators | SEC Needs To End War on Crypto and Return to Being a Constructive Regulator, Says Commissioner: Report | usagoldmines.com

One of the top officials at the U.S. Securities and Exchange Commission (SEC) thinks the regulator needs to change course in terms of the way it approaches crypto.

SEC Commissioner Mark Uyeda tells Fox Business that hasn’t laid out adequate rules to spur innovation in the sector.

“We have not provided the rules of the road for crypto, other than to declare that nearly all are securities, nor have we provided a practical pathway to comply with our rules. Instead, we have wasted time and money on crypto enforcement actions that provide limited guidance at best. At the same time, we are using enforcement resources on crypto, the commission is falling short in protecting seniors from relationship and affinity scams, which can be devastating when their retirement investments are stolen…

Presuming that everyone in the market is a potential scammer and fraudster unless proven innocent is the wrong course of action — and not the American way.”

President Joe Biden appointed Uyeda, a Republican, to his role as commissioner in 2022. He and fellow Republican Commissioner Hester Peirce have often criticized SEC Chair Gary Gensler for his active approach toward the crypto sector. Both have also dissented against multiple SEC enforcement actions.

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Follow us on X, Facebook and Telegram

Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

The post SEC Needs To End War on Crypto and Return to Being a Constructive Regulator, Says Commissioner: Report appeared first on The Daily Hodl.

 One of the top officials at the U.S. Securities and Exchange Commission (SEC) thinks the regulator needs to change course in terms of the way it approaches crypto. SEC Commissioner Mark Uyeda tells Fox Business that hasn’t laid out adequate rules to spur innovation in the sector. “We have not provided the rules of the
The post SEC Needs To End War on Crypto and Return to Being a Constructive Regulator, Says Commissioner: Report appeared first on The Daily Hodl. Regulators, Crypto, News, SEC, U.S. Securities and Exchange Commission 

Recent:

Regulators | Brian Armstrong Calls SEC Commissioner Up for Re-Nomination a ‘Failure,’ Urges Senate T...
Regulators | Treasury Department’s FSOC Says Stablecoins Represent Potential Risk to US Financial St...
Regulators | ‘Bitcoin Jesus’ Roger Ver Moves To Dismiss Indictment for Allegedly Evading $50,000,000...
Regulators | Donald Trump Considering Chamber of Digital Commerce CEO Perianne Boring for CFTC Chair...
Regulators | Alex Mashinsky Faces 30 Years in Prison for Role in Collapse of Celsius Rhodilee Jean D...
Regulators | US Treasury Takes Action Against Five Individuals Who Allegedly Used USDT To Evade Sanc...
Regulators | Veteran Silicon Valley Investor David Sacks to Serve As Trump’s ‘White House AI and Cry...
Regulators | Coinbase FOIA Requests Unearth More Instances of U.S. FDIC Asking Banks To ‘Pause’ Cryp...
Regulators | Bitcoin (BTC) Smashes Through $100,000 Following Trump’s Pick of Paul Atkins for SEC Ch...
Regulators | Coinbase CEO Brian Armstrong Brands $213,000,000,000 Anti-Money Laundering Regulations ...
Regulators | JPMorgan Chase Paying $1,790,000 Penalty for Overcharging Clients in Singapore, Failing...
Regulators | Coinbase Chief Policy Officer Predicts Rapid Pro-Crypto Regulation After Donald Trump T...
Regulators | South Korea Opposition Party Agrees to Two-Year Moratorium on Crypto Asset Taxation: Re...
Regulators | Ripple CTO Calls on US Government To End All Indirect Regulation Including Alleged Deba...
Regulators | Powerful New York Regulator May Greenlight Ripple RLUSD Stablecoin As Soon as This Week...
Regulators | Coinbase CEO Says Elizabeth Warren and Gary Gensler Tried To Kill Crypto Industry As De...
Regulators | Trump Administration Looking To Put CFTC in Charge of Digital Asset Regulation: Report ...
Regulators | Ripple Chief Legal Officer Slams SEC for ‘Bragging’ About 2024 Enforcement Actions in N...
Regulators | Crypto Advocacy Group Coin Center Names Top Three Threats Against Digital Asset Industr...
Regulators | Tornado Cash Developer Says Court Has Derailed Appeal Efforts After Prolonging His Pre-...
Regulators | Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders...
Regulators | Democratic SEC Commissioner Jaime Lizárraga Announces Plan To Step Down, Following Gary...
Regulators | Crypto Giants Scramble for Spot on Trump’s Promised Advisory Board: Report Mehron Rokhy...
Regulators | Trump Electoral Win a ‘Massive Game Changer’ for Crypto, Says Bitwise CIO Matt Hougan –...
Regulators | Five Alleged Scammers Federally Charged With Running Crypto Phishing Scheme by DOJ Dani...
Regulators | Texas Judge Tosses SEC’s Controversial ‘Dealer Rule’ After Lawsuit From Crypto Groups C...
Regulators | JPMorgan Chase Pays $40,000,000,000 in Fines and Settlements As US Bank Battles Hundred...
Regulators | Trump To Quickly Replace Gary Gensler After SEC Chair Announces Departure Rhodilee Jean...
Regulators | Former FTX Executive Gary Wang Avoids Prison Time After Building Crypto Surveillance To...
Regulators | Seven US Representatives Ask Treasury Secretary Janet Yellen Why Tornado Cash Remains O...
Regulators | Gemini’s Tyler Winklevoss Blasts SEC Chair Gary Gensler, Calls Him ‘Evil’ With ‘Sociopa...
Regulators | BTC Launderer Given ‘Lenient’ Three-Year Prison Sentence for Assisting With Bitcoin Fog...
Regulators | SEC Chair Gary Gensler Unlikely To Finish Term as President-Elect Trump Looking for Rep...
Regulators | Four Republicans Pen Letter to SEC and FINRA, Say Regulators ‘Complicit’ in Perpetuatin...
Regulators | Prominent US Prosecutor’s Office To Reduce Focus on Crypto Cases, Says Top Official: Re...
Regulators | Crypto Prices Cool as Fed Chair Jerome Powell Strikes Ambiguous Tone on Future Monetary...
Regulators | FBI Raids Polymarket CEO’s Home As DOJ Probes the Decentralized Betting Platform: Repor...
Regulators | Andreessen Horowitz Says Future of Crypto in US Is Bright, Sees Digital Asset Pathway t...
Regulators | Ex-Alameda CEO Sam Trabucco Agrees To Forfeit Two Apartments, Yacht and $70,000,000 in ...
Regulators | FTX Sues Binance and Changpeng Zhao for $1,800,000,000 Over ‘Fraudulent’ Transfers From...
Regulators | Former SEC Official Expects Gary Gensler To Resign, Says Regulator’s War on Crypto Now ...
Regulators | ‘Most Pro-Crypto Congress Ever’ – Brian Armstrong Says US Voted for 257 House Candidate...
Regulators | Bank of America Bracing for $800,000,000 Loss As Investigators Probe BofA, JPMorgan Cha...
Regulators | Embattled FTX Co-Founder Gary Wang Is Building US Authorities a Tool To Track Illicit A...
Regulators | Trump Appears Set To Keep Fed Chair Jerome Powell On Until His Term Ends in 2026: Repor...
Regulators | French Gambling Regulator Announces Plans To Probe Polymarket Following Big Wins on Tru...
Regulators | Bitwise CIO Matt Hougan Says Wall Street and Institutions Will Adopt Crypto Regardless ...
Regulators | 269 Pro-Crypto Candidates Voted In to House of Representatives and Senate: Stand With C...
Regulators | Billionaire Mike Novogratz Says Big ‘Step Change’ Underway for Crypto Industry Followin...
Regulators | Gemini Co-Founder Cameron Winklevoss Issues Election Warning, Says Harris Victory Will ...
Regulators | Circle CEO Jeremy Allaire Says Stablecoins To Become Regulated Financial Infrastructure...
Regulators | Coinbase Chief Legal Officer Uncovers 20 Instances of US Regulator Telling Banks To Sto...
Regulators | $19,800,000 To Be Handed To Apple Customers in Settlement With US Regulator and Trillio...
Regulators | Crypto Giant 21Shares Submits Registration Statement for XRP Exchange-Traded Fund Conor...
Regulators | U.S. Justice Department Indicts Russian National Over Alleged Crypto Market Manipulatio...
Regulators | Florida Owns $800,000,000 in Crypto Investments and Wants To Accumulate More, Says Stat...
Regulators | JPMorgan Chase Paying $100,000,000 To Customers As Bank Settles Wave of Allegations Fro...
Regulators | Joe Biden Thanks Nigerian President for Releasing Binance Executive Tigran Gambaryan Fr...
Regulators | Consensys CEO Joe Lubin Says SEC’s Abuse of Power Among Reasons Blockchain Firm Laying ...
Regulators | Ripple Founder Chris Larsen Predicts Regulatory Sea Change, Says War on Crypto About To...
Regulators | Google Hit With Staggering $20,000,000,000,000,000,000,000,000,000,000,000 Fine After B...
Regulators | Coinbase CEO Brian Armstrong Says SEC Should Issue Apology to American People – Here’s ...
Regulators | Circle CEO Jeremy Allaire Says Firm Still Eyeing IPO Despite Delays: Report Rhodilee Je...
Regulators | Tether CEO Paolo Ardoino Denies Rumors That Stablecoin Issuer Is Under Federal Investig...
Regulators | FDIC Warns Customers Holding $7,100,000 in Uninsured Deposits After Sudden Bank Failure...
Regulators | Tether Founder Paolo Ardoino Says US Is Dropping the Ball on Crypto Regulation Amid Run...
Regulators | Blockchain Firm Consensys Lays Out Plea for Clear Crypto Regulations in Open Letter to ...
Regulators | Money Laundering Charges Against Binance’s Tigran Gambaryan Dropped After Seven Months ...
Regulators | $35,000,000,000 Hedge Fund Brevan Howard Eyeing One Country for Its ‘Sensible’ Crypto R...
Regulators | ‘We’re Going To Be Broke Really Quickly’ – Billionaire Paul Tudor Jones Issues Warning ...
Regulators | 18 State Attorneys General Write Joint Letter To Release Binance Executive From Nigeria...
Regulators | Radiant Capital Working With US Law Enforcement To Freeze Stolen Crypto Assets After $5...
Regulators | Bank Runs Hit 22 US Lenders in 2023 As Wave of Panic Sank Silicon Valley Bank: New York...
Regulators | Donald Trump’s World Liberty Financial (WLFI) Token Sale Goes Live, Comes Up Short on F...
Regulators | US Government Launches Manhunt for Man Accused of Running $150,000,000 Crypto Scam: Rep...
Regulators | US Regulators Extract $19,000,000,000 From Crypto Firms Through Enforcement Actions Thi...
Regulators | SEC Taking Wrong Approach to Regulating Crypto Industry As Gary Gensler Directs Agency ...
Regulators | ‘Inmate at FCI Cumberland’: Former FTX Exec Ryan Salame Updates LinkedIn Title After Ju...
Regulators | Binance Executive Tigran Gambaryan To Stay in Nigerian Prison After Judge Rejects His R...
Regulators | $197,700,000,000 in Deposit Flight Hits US Banks in Three Months As Billions of Dollars...
Regulators | ECB Official Says Regulators Have Opportunity To Create New ‘Capital Market for Digital...
Regulators | US Banks Under Pressure As JPMorgan Chase, Bank of America, Wells Fargo, Goldman Sachs ...
Regulators | $37,500,000 To Be Handed To People Who Bought Gas in Specific Place and Time As Energy ...
Regulators | US Court Approves FTX Bankruptcy Plan To Distribute up to $16,500,000,000 Worth of Payo...
Regulators | UAE Eliminates Value-Added Tax From Crypto Transactions in New Regulation Amendment Mar...
Regulators | 21Shares Calls on EU for Regulatory Clarity To ‘Unlock Crypto Opportunities’ in ETPs Da...
Regulators | Top Robinhood Executive To Potentially Replace Gary Gensler As SEC Head in Trump Presid...
Regulators | Mark Cuban Says FTX and Three Arrows Capital Would Still Be Operating if Gary Gensler H...
Regulators | Legal Expert Jeremy Hogan Says SEC’s Move To Appeal Ruling in Lawsuit Against Ripple a ...
Regulators | Banking Giant Paying $4,700,000 To Victims of Billion-Dollar Market Manipulation Scheme...
Regulators | SEC and DOJ Throw Support Behind Investor Class-Action Lawsuit Against Nvidia Over Alle...
Regulators | Pantera Capital’s Dan Morehead Says US Will Have Rational Blockchain Policy Regardless ...
Regulators | ‘Operation Kraken’ in Australia Seizes Over $6,400,000 in Crypto From Global Organized ...
Regulators | SEC Moves To Appeal 2023’s Landmark Ripple and XRP Securities Ruling | usagoldmines.com
Regulators | Fed’s Jerome Powell Dampens Hope for Big Rate Cut This Year, Says Policy To Move Toward...
Regulators | Ex-Chinese Vice Minister Urges China To Assess Cryptocurrencies Following US Bitcoin Pi...
Congressmen accuse Gensler of bowing to Warren’s ‘anti-crypto’ army, expose SEC internal divide | us...
SEC charges TrustToken and TrueCoin for misleading stablecoin investments | usagoldmines.com
SEC has the tools to provide clear guidelines but chose not to — Commissioner Hester Peirce | usagol...
Republicans urge SEC to drop SAB 121 crypto accounting rule | usagoldmines.com

By

Leave a Reply