Court decisions could scale back SEC authority over crypto industry
Check out what's being clicked on FoxBusiness.com Judge Katherine Polk Failla of the Southern District of New York heard arguments in a five-hour hearing Wednesday afternoon in a case that could determine the regulatory future of the $1.7 trillion cryptocurrency industry. did. Lawyers for Coinbase, the largest U.S. cryptocurrency exchange, have filed an SEC complaint […]
SEC, Gensler face bipartisan backlash over X account hack
Securities and Exchange Commission (SEC) Chairman Gary Gensler said after the agency's social media accounts were hacked last week and falsely claimed to have approved several much-anticipated Bitcoin investment funds. It faces bipartisan political backlash. The SEC ultimately approved an exchange-traded fund (ETF) to hold Bitcoin about 24 hours later, but the agency's high-profile blunder […]