Under Trump, expect a crypto, corporate-friendly SEC — with costs
2 weeks ago

Under Trump, expect a crypto, corporate-friendly SEC — with costs

Salon  

When you hear "SEC", your first thought might be about a powerhouse college football conference. "Right now, with a lack of a stronger regulatory framework with respect to digital assets, really what you're relying on is a mishmash of rulings from U.S. district courts throughout the country," Groth said. The SEC could provide "a framework so that for businesses and groups that are trying to bring more tokens and more coins to the market, or are trying to allow for wider adoption and use of digital assets, it makes it easier for them to understand what's expected of them," Groth said. Lighter disclosure In addition to taking a more crypto-friendly stance, the SEC will also likely take a lighter approach to disclosure requirements for public companies, financial advisers and others that fall under the agency's purview. "At minimum, I do think we're going to see a rollback on active rulemaking, in particular with respect to ESG-related issues" "At minimum, I do think we're going to see a rollback on active rulemaking, in particular with respect to ESG -related issues," said Jennifer Lee, partner at Jenner & Block and a former assistant director in the SEC's Division of Enforcement.

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History of this topic

‘We’re just getting started’: How the crypto industry plans to remake Washington
1 day, 15 hours ago

‘We’re just getting started’: How the crypto industry plans to remake Washington

Politico  

Coinbase, a leading cryptocurrency exchange, is now calling on President-elect Donald Trump and the new Republican-controlled Congress to quickly pass a law that designates the Commodity Futures Trading Commission as the industry’s chief regulator and sets basic ground rules for crypto firms, Emilie Choi, the company’s president and chief operating officer, told the POLITICO Tech podcast. “We will not rest …

Gensler Says SEC Has More Work to Do on Crypto Regulation
6 days, 19 hours ago

Gensler Says SEC Has More Work to Do on Crypto Regulation

Live Mint  

-- Gary Gensler, the outgoing chair of the Securities and Exchange Commission, believes there’s more still to be done in regulating altcoins and intermediaries in the digital assets market. Everyday investors still don’t receive adequate disclosures or information from digital asset firms, Gensler said Wednesday during an interview on Bloomberg Television. The former Goldman Sachs executive’s tenure as a top …

Crypto has an ally in the White House. What’s ahead for digital currencies in 2025.
2 weeks, 2 days ago

Crypto has an ally in the White House. What’s ahead for digital currencies in 2025.

Live Mint  

That has helped fuel a blistering run in bitcoin, the world’s largest cryptocurrency. He pledged to draft regulations that treat crypto differently from the way stocks and bonds are treated and to create a strategic bitcoin reserve to hold the nation’s supply. “We’re going to do something great with crypto," Trump told CNBC this month after ringing the New York …

Trump & crypto: How friendly is too friendly?
3 weeks, 2 days ago

Trump & crypto: How friendly is too friendly?

Salon  

With Donald Trump's inauguration a month away, cryptocurrency analysts are sounding the alarm on potential conflicts with his administration and the industry he has embraced. Trump and his sons helped launch World Liberty Financial, a decentralized crypto platform co-founded by Steve Witkoff, a real estate developer and inauguration committee co-chair who Trump has named special Middle East envoy. Trump Media …

The Crypto Industry Hails David Sacks, Its New ‘Czar’
55 years ago

The Crypto Industry Hails David Sacks, Its New ‘Czar’

Wired  

US president-elect Donald Trump has appointed venture capitalist and former PayPal executive David Sacks as White House AI & Crypto Czar, a newly created role meant to establish the country as the global leader in both fields. On X, Gemini chief legal officer Tyler Meader wrote, “At long last, a rational conversation about crypto can be had.” Others have speculated …

Bitcoin price tops $100,000 for first time in its history
1 month, 1 week ago

Bitcoin price tops $100,000 for first time in its history

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Former President and 2024 Republican presidential candidate Donald Trump gives a keynote speech on the third day …

Bitcoin storms above $100,000 as Trump 2.0 fuels crypto euphoria
1 month, 1 week ago

Bitcoin storms above $100,000 as Trump 2.0 fuels crypto euphoria

Live Mint  

-Bitcoin catapulted above $100,000 for the first time on Thursday, a milestone hailed even by sceptics as a coming-of-age for digital assets as investors bet on a friendly U.S. administration to cement the place of cryptocurrencies in financial markets. "Bitcoin and the entire digital asset ecosystem are on the brink of entering the financial mainstream - this momentum is fuelled …

Trump's fresh crypto push: Paul Atkins nominated to head Securities and Exchange Commission – Firstpost
Top News
1 month, 1 week ago

Trump's fresh crypto push: Paul Atkins nominated to head Securities and Exchange Commission – Firstpost

Firstpost  

Donald Trump announcement of nominating veteran Washington attorney Paul Atkins to chair Securities and Exchange Commission has cheered the cryptocurrency as bitcoin touched the much-awaited $100,000 mark on Thursday Donald Trump announced on December 4, 2024 via his Truth Social platform Paul Atkins as his pick for the next Chairman of the Securities and Exchange Commission. US President-elect Donald Trump …

Trump picks crypto-friendly lawyer to head Securities and Exchange Commission
1 month, 1 week ago

Trump picks crypto-friendly lawyer to head Securities and Exchange Commission

Hindustan Times  

US President-elect Donald Trump nominated veteran Washington attorney Paul Atkins to chair the Securities and Exchange Commission, a move cheered by the cryptocurrency industry as bitcoin broke the $100,000 mark for the first time. US President-elect Donald Trump nominated veteran Washington attorney Paul Atkins to chair the Securities and Exchange Commission Atkins, an SEC commissioner from 2002 to 2008, founded …

Donald Trump picks pro-crypto lawyer Paul Atkins to head US Securities and Exchange Commission. Who is he?
1 month, 1 week ago

Donald Trump picks pro-crypto lawyer Paul Atkins to head US Securities and Exchange Commission. Who is he?

Live Mint  

Paul Atkins, a veteran financial regulator and a crypto advocate, is President-elect Donald Trump’s choice to lead and possibly overhaul the US Securities and Exchange Commission. Explaining his choice of Atkins for the position, Trump said that the former SEC commissioner, known for his stance against excessive market regulation, is a “proven leader for commonsense regulations.” “He believes in the …

Bitcoin spikes to all-time high following Trump SEC chair nomination
1 month, 1 week ago

Bitcoin spikes to all-time high following Trump SEC chair nomination

Salon  

The price of a single Bitcoin surged to over $100,000 just hours after Donald Trump nominated a crypto advocate to chair the U.S. Securities and Exchange Commission. The oldest and most popular cryptocurrency crossed the six-figure threshold for the first time on Wednesday following the president-elect's announcement that he'd tagged Paul Atkins to lead the SEC in his second term. …

Bitcoin hits all-time high of $100,000 after Donald Trump's crypto push
1 month, 1 week ago

Bitcoin hits all-time high of $100,000 after Donald Trump's crypto push

India Today  

Bitcoin reached an all-time high of $100,000, marking a major milestone in the cryptocurrency’s history. The jump in Bitcoin's value comes amid growing optimism among investors about a more crypto-friendly regulatory environment under the incoming administration of Donald Trump, who recently won the US Presidential elections. Bitcoin has more than doubled in value since the start of 2024 and has …

Trump's SEC pick offers stark new reality for Wall Street: easier oversight
1 month, 1 week ago

Trump's SEC pick offers stark new reality for Wall Street: easier oversight

Politico  

“Paul knows the SEC better than anyone, and now, he’ll have the opportunity to implement his vision,” said Justin Daly, a former SEC official and congressional staffer who has known Atkins for two decades. “He will hit the ground running.” The SEC’s looming pullback underscores the stark new reality that awaits Wall Street, crypto and the broader business world when …

Trump nominates cryptocurrency advocate Paul Atkins as SEC chair
1 month, 1 week ago

Trump nominates cryptocurrency advocate Paul Atkins as SEC chair

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy President-elect Donald Trump announced Wednesday …

Trump Picks Cryptocurrency Advocate Paul Atkins For SEC Chair
1 month, 1 week ago

Trump Picks Cryptocurrency Advocate Paul Atkins For SEC Chair

Huff Post  

LOADING ERROR LOADING WASHINGTON — President-elect Donald Trump announced Wednesday that he intends to nominate cryptocurrency advocate Paul Atkins to chair the Securities and Exchange Commission. Trump said Atkins, the CEO of Patomak Partners and a former SEC commissioner, was a “proven leader for common sense regulations.” “He believes in the promise of robust, innovative capital markets that are responsive …

Trump nominates cryptocurrency advocate Paul Atkins as SEC chair
1 month, 1 week ago

Trump nominates cryptocurrency advocate Paul Atkins as SEC chair

Associated Press  

President-elect Donald Trump announced Wednesday that he intends to nominate cryptocurrency advocate Paul Atkins to chair the Securities and Exchange Commission. Trump said Atkins, the CEO of Patomak Partners and a former SEC commissioner, was a “proven leader for common sense regulations.” In the years since leaving the SEC, Atkins has made the case against too much market regulation. “It’s …

Paul Atkins tapped as crypto-friendly SEC chair
1 month, 1 week ago

Paul Atkins tapped as crypto-friendly SEC chair

Salon  

President-elect Donald Trump said Wednesday he plans to nominate Paul Atkins, former commissioner of the Securities and Exchange Commission, to lead the agency. Atkins, CEO of financial services consulting firm Patomak Global Partners, would succeed Gary Gensler, a Biden nominee who cracked down on crypto after taking the helm in 2021. Atkins, a lawyer and co-chair of the Token Alliance, …

Bitcoin surges above $100,000 for the first time as Trump picks pro-crypto SEC chair
Top News
1 month, 1 week ago

Bitcoin surges above $100,000 for the first time as Trump picks pro-crypto SEC chair

CNN  

New York CNN — Bitcoin hit $100,000 for the first time late Wednesday, surging to a new record after President-elect Donald Trump unveiled administration picks seen as holding the keys to ushering in crypto-friendly policies when he takes office in January. In July, Trump headlined the largest crypto convention in Nashville, where he vowed to create a “strategic national bitcoin …

Trump taps crypto enthusiast Paul Atkins to lead the SEC and Gail Slater as the new tech antitrust cop
1 month, 1 week ago

Trump taps crypto enthusiast Paul Atkins to lead the SEC and Gail Slater as the new tech antitrust cop

CNN  

New York CNN — The crypto and tech communities finally have some clarity on who they’ll potentially answer to over the next four years. He also recognizes that digital assets & other innovations are crucial to Making America Greater than Ever Before.” On the tech front, Trump intends to nominate Gail Slater, a former Fox Corporation executive and economic policy …

Trump taps crypto enthusiast Paul Atkins to lead the SEC and Gail Slater as the new tech antitrust cop
1 month, 1 week ago

Trump taps crypto enthusiast Paul Atkins to lead the SEC and Gail Slater as the new tech antitrust cop

CNN  

New York CNN — The crypto and tech communities finally have some clarity on who they’ll potentially answer to over the next four years. He also recognizes that digital assets & other innovations are crucial to Making America Greater than Ever Before.” On the tech front, Trump intends to nominate Gail Slater, a former Fox Corporation executive and economic policy …

Trump picks crypto backer Paul Atkins as new Securities and Exchange Commission chair
1 month, 1 week ago

Trump picks crypto backer Paul Atkins as new Securities and Exchange Commission chair

NPR  

Trump picks crypto backer Paul Atkins as new Securities and Exchange Commission chair toggle caption Mark Wilson/Getty Images North America President-elect Donald Trump said he has picked former Securities and Exchange Commissioner Paul Atkins to head the agency, according to a post he made on Truth Social on Wednesday. Atkins is also known as a strong backer of cryptocurrencies, and …

The Crypto Industry Is Helping Donald Trump Pick SEC Chair
55 years ago

The Crypto Industry Is Helping Donald Trump Pick SEC Chair

Wired  

President-elect Donald Trump is expected to select a new chair of the US Securities and Exchange Commission in the coming days. Trump’s shortlist is filled with former government officials, crypto executives, and lawyers who support the crypto industry: Paul Atkins, former SEC commissioner, and Brian Brooks, former acting US comptroller of the currency, are the top two contenders, sources familiar …

Robinhood’s top attorney Gallagher rules out SEC chair role
1 month, 3 weeks ago

Robinhood’s top attorney Gallagher rules out SEC chair role

Live Mint  

By Niket Nishant, Chris Prentice -Robinhood Markets' Chief Legal Officer Dan Gallagher on Friday withdrew from consideration for chair of the Securities and Exchange Commission in the Trump administration, leaving other Republican former SEC officials among the top candidates. Reuters and other media have reported former SEC commissioner Paul Atkins, CEO of consultancy Patomak Global Partners, and Willkie Farr & …

Gary Gensler Plans to Step Down From SEC in January
1 month, 3 weeks ago

Gary Gensler Plans to Step Down From SEC in January

Live Mint  

-- SEC Chair Gary Gensler, whose ambitious agenda drew fierce resistance from Wall Street and the crypto industry, plans to step down on Jan. 20. The Trump administration’s coming pick for SEC chair could try to further unwind Gensler’s signature rules and take a more crypto-friendly approach to enforcement. “That agenda ran face first into an onslaught of litigation.” Crypto …

SEC Chair Gary Gensler, who led US crackdown on cryptocurrencies, to step down
1 month, 3 weeks ago

SEC Chair Gary Gensler, who led US crackdown on cryptocurrencies, to step down

Associated Press  

Securities and Exchange Commission Chair Gary Gensler, who was aggressive in his oversight of cryptocurrencies and other financial markets, will step down from his post on Jan. 20. In many cases, investors aren’t able to get rigorous, balanced, and complete information.” Under Gensler, the SEC brought actions against players in the crypto industry for fraud, wash trading and other violations, …

SEC Chair Gary Gensler, who took aim at crypto industry, to step down in January
Trending News
1 month, 3 weeks ago

SEC Chair Gary Gensler, who took aim at crypto industry, to step down in January

NPR  

SEC Chair Gary Gensler, who took aim at crypto industry, to step down in January Gary Gensler, the U.S. financial regulator who crypto investors loved to hate, will leave the Securities and Exchange Commission on Jan. 20, the agency announced on Thursday. "The SEC has met our mission and enforced the law without fear or favor," Gensler said in a …

US SEC chair Gensler to step down upon Trump takeover
1 month, 3 weeks ago

US SEC chair Gensler to step down upon Trump takeover

Al Jazeera  

Known for his hard-charging style, Gary Gensler led an ambitious agenda to boost transparency, reduce systemic risks, and stamp out conflicts of interest on Wall Street. United States Securities and Exchange Commission Chair Gary Gensler will step down on January 20 when US President-elect Donald Trump’s administration takes over, the agency has said, ending an ambitious tenure that saw Gensler …

SEC Chair Gary Gensler stepping down as crypto industry pushes for friendlier agency
1 month, 3 weeks ago

SEC Chair Gary Gensler stepping down as crypto industry pushes for friendlier agency

Salon  

Securities and Exchange Commission Chair Gary Gensler plans to resign on Jan. 20, a decision that paves the way for President-elect Donald Trump to reshape the agency into a more favorable environment for crypto and Wall Street. Candidates under consideration have included Daniel Gallagher, a former SEC official now at financial services firm Robinhood, and current Republican SEC commissioners Hester …

Crypto enforcement seen slowing as Trump shifts priorities
1 month, 4 weeks ago

Crypto enforcement seen slowing as Trump shifts priorities

Hindustan Times  

By Luc Cohen and Chris Prentice Crypto enforcement seen slowing as Trump shifts priorities NEW YORK -Less enforcement in the cryptocurrency sector is on the horizon, as Republican President-elect Donald Trump prepares to reset policy at the Justice Department and regulatory agencies, current and former senior government lawyers said on Friday. Speaking at a conference in New York, the lawyers …

Why crypto mania is reaching new heights
2 months ago

Why crypto mania is reaching new heights

Live Mint  

Donald Trump’s victory has a flavour of revenge—not just for the man but also for crypto bros and their assets of choice. Over the course of election night, as it became clear Mr Trump had won America’s presidential election, the price of bitcoin, the most widely traded cryptocurrency, jumped by 10%. The mood music during the campaign is one reason …

The crypto world is preparing for a renaissance under Trump
2 months ago

The crypto world is preparing for a renaissance under Trump

Live Mint  

Bernie Moreno was celebrating Tuesday night at La Centre, a banquet center in the Cleveland suburbs, when he got a call from Brian Armstrong, Brad Garlinghouse and a handful of other crypto executives. Eric Trump, one of the president-elect’s sons, retweeted a meme after the election of a bitcoin flag flying over the White House, a post that captures the …

Bitcoin soars near $80,000 as Donald Trump set to return to White House as President
2 months ago

Bitcoin soars near $80,000 as Donald Trump set to return to White House as President

Live Mint  

Bitcoin has surged to a record high of nearly $80,000 due to US President-elect Donald Trump’s support of digital assets and the possibility of pro-crypto lawmakers in Congress. Donald Trump, during his election campaign, assured to put the US at the focus of the digital asset industry. “With the dust from Trump’s victory still settling down, it was only a …

SEC's crypto regulations to see significant cuts under Trump as commission’s top boss looks at exit
2 months, 1 week ago

SEC's crypto regulations to see significant cuts under Trump as commission’s top boss looks at exit

Firstpost  

Trump has made his position on Gary Gensler crystal clear. During a Bitcoin event in Nashville, he promised to dismiss the SEC Chair on his first day back in office A new SEC Chair under Trump’s administration could aim to simplify rules for digital assets, moving away from outdated laws and toward more practical regulations that acknowledge the unique aspects …

US polls 2024: Crypto sector expects smooth ride as Gensler’s SEC departure promises regulatory shift under Trump regime
2 months, 1 week ago

US polls 2024: Crypto sector expects smooth ride as Gensler’s SEC departure promises regulatory shift under Trump regime

Live Mint  

The crypto industry poured millions of dollars into the presidential and congressional races, but its most salient election victory is likely to be the departure of US Securities and Exchange Commission Chair Gary Gensler. “A lot of crypto cases have been registration only, foot fault cases when registration is impossible.” The next SEC chair is expected to push forward new …

Circle: Trump May Bring Bipartisan Interest in Crypto
Trending News
2 months, 1 week ago

Circle: Trump May Bring Bipartisan Interest in Crypto

Bloomberg  

00:00 There's a lot of optimism. Obviously, we're broadcasting from Singapore, and so I would be remiss not to also take a worldview, which is that the United States has been absent in terms of regulatory clarity in shaping an industry that enjoys legal clarity and regulatory clarity all over the world, including here in Singapore. Well, I think you've …

Trump Harris election: One corporate group has a terrifying new playbook. It could completely change what happens in November.
3 months ago

Trump Harris election: One corporate group has a terrifying new playbook. It could completely change what happens in November.

Slate  

About a week before the 2022 midterms, FTX, the cryptocurrency exchange founded by billionaire wunderkind Sam Bankman-Fried, began to collapse. Fairshake, the industry’s super PAC, has raised an astonishing $203 million for the 2024 election cycle, according to an analysis of disclosures by campaign finance watchdog Open Secrets. Ohio Democratic Sen. Sherrod Brown, who has advocated for stricter regulation of …

Crypto is the new Trump family business. Ethics watchdogs have concerns.
4 months, 2 weeks ago

Crypto is the new Trump family business. Ethics watchdogs have concerns.

Politico  

While the details of Eric Trump and Donald Trump Jr.'s crypto endeavor haven’t yet been announced, it could stand to benefit from a second Trump administration’s approach to support the industry. Crypto is the latest ethics concern to arise around the Trump family’s businesses, which drew intense scrutiny during his first administration after he opted not to divest his holdings …

Trump’s mystery crypto project causes MAGA token to suddenly surge in price
4 months, 3 weeks ago

Trump’s mystery crypto project causes MAGA token to suddenly surge in price

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A fringe cryptocurrency has shot up in value by more than 50 per …

Donald Trump promotes new crypto platform to take on banks
4 months, 3 weeks ago

Donald Trump promotes new crypto platform to take on banks

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Donald Trump has announced plans to launch a new cryptocurrency platform that he …

'Extreme disadvantage': Expert fears Trump's pro-crypto plans risk 'financial stability'
1 year ago

'Extreme disadvantage': Expert fears Trump's pro-crypto plans risk 'financial stability'

Raw Story  

Cryptocurrency could have a savior in Donald Trump if he's elected in 2024, Politico reported. Even though he's been critical of crypto in the past, Trump could adopt a policy that's more friendly to regulatory proposals that have been drafted by GOP lawmakers and which are favorable to the currency. “The only reasonable expectation is that Trump will bring his …

‘Betrayed’: FTX meltdown signals end to crypto’s ‘Wild West’ days
2 years, 1 month ago

‘Betrayed’: FTX meltdown signals end to crypto’s ‘Wild West’ days

Al Jazeera  

Boston, United States – FTX was one of the largest cryptocurrency exchanges in the world – until, earlier this month, it fell apart in a matter of days. “The FTX collapse is attracting international notice,” David Gerard, a vocal critic of the crypto sector and the author of Attack of the 50 Foot Blockchain, told Al Jazeera. In FTX’s first …

US SEC chief unveils plans to overhaul Wall Street stock trading
2 years, 7 months ago

US SEC chief unveils plans to overhaul Wall Street stock trading

Al Jazeera  

US SEC Chair Gary Gensler unveiled plans aimed at making the $45 trillion US equities market more transparent. The top United States securities regulator has unveiled a planned overhaul of Wall Street retail stock trading rules, aiming to boost competition for handling orders by commission-free brokerages to ensure mom-and-pop investors get the best price for trades. “I asked staff to …

U.S. SEC chair says much to be done to protect crypto investors
2 years, 7 months ago

U.S. SEC chair says much to be done to protect crypto investors

The Hindu  

Cryptocurrency assets are highly speculative and investors in them need more protections or they could lose trust in the markets, Gary Gensler, chair of the U.S. Securities and Exchange Commission, said on Monday. Generally, people who buy cryptocurrencies do not get the disclosures they get when they make other asset purchases around things like whether the trading platform they are …

SEC’s Gensler says crypto investors need more protection
3 years, 5 months ago

SEC’s Gensler says crypto investors need more protection

Associated Press  

— The chairman of the Securities and Exchange Commission said that investors need more protection in the cryptocurrency market, which he said is “rife with fraud, scams and abuse.” Gary Gensler, appointed by President Joe Biden to lead the body that regulates securities markets, listed several areas where crypto needed to be reigned in or regulated, particularly with regard to …

Biden's SEC chair nominee signals more regulation for cryptocurrencies
3 years, 10 months ago

Biden's SEC chair nominee signals more regulation for cryptocurrencies

The Hindu  

The U.S. Securities and Exchange Commission appears likely to work on its first guidelines for cryptocurrencies after President Joe Biden's nominee to lead the agency promised to provide "guidance and clarity" to the rapidly evolving market. "Bitcoin and other cryptocurrencies brought new thinking to payments but raised new issues of investor protection we still need to attend to," Gensler told …

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