SEC - Page 5
Loading...
DeFi Giant Uniswap Takes Hit After News of SEC Investigation Breaks
Crypto traders are scrambling as news that Uniswap Labs is under investigation by the U.S. Securities and Exchange Commission roiled the DeFi industry Friday. Uniswap, a powerhouse in the DeFi space with a token sporting a $29B market cap, suffered a sell-off in morning trading, with UNI dropping 2.5%, to $29.08, according to CoinGecko. The…
Loading...
SEC’s Peirce Takes “Liberty-Loving” Perspective after Gensler Calls for Tighter Crypto Regulation
SEC Commissioner Hester Peirce is taking a “liberty-loving perspective” when it comes to cryptocurrency and DeFi, contrasting with statements by the agency’s chairman on Tuesday. For Peirce, who joined a panel hosted by The Defiant and DeFi Watch on Aug. 4, if users are voluntarily deciding to trust the code over a company then they…
Loading...
A Blockchain Expert Might be the New SEC Head
Joe Biden’s new SEC chair may be, if not an advocate, at least very knowledgeable on blockchain technology. President-elect Joe Biden will be appointing MIT professor Gary Gensler as chair of the U.S. Securities and Exchange Commission, Reuters reported. Gensler is a Professor of the Practice of Global Economics and Management at MIT’s Sloan School…
Loading...
Sentiment Turning on Ripple After SEC Action
Ripple said Monday that the SEC is planning to file a lawsuit against the company on claims that it sold unregistered securities. And while the initial reaction of many crypto enthusiasts was to side with the US regulator, the tide has begun to change. The most notabe about-face came from Messari CEO Ryan Selkis, who…