Gary Gensler
The chairman asked U.S. lawmakers for $72 million in extra funding to, among other things, protect investors from crypto markets “rife with noncompliance.”
Gary Gensler once taught a class on crypto. Is he contradicting himself now in his powerful Washington role?
Ripple scored a partial victory in its fight with the SEC last week with a court ruling that institutional sales of the tokens violated federal securities laws, but sales on exchanges and programmatic sales did not.
The bill would provide guidelines for U.S.-based crypto exchanges to register with regulators.
The registered exchange backed Gary Gensler’s viewpoint in front of Congress. But now it's in the hot seat.
SEC says billions in customer funds were directed to Zhao’s firm Merit Peak via a holding company called Key Vision Development Limited.
A letter from Binance’s counsel says that SEC Chair Gary Gensler should be recused from the case, given his history with the exchange and its founder.
- 04:26Overview of Important Midday Developments on May 47:00-12:00 Keywords: South Korea, Trump, 1. South Korea Election Preview: 16 Million Virtual Asset Investors Become Key Votes; 2. South Korea to Lift Restrictions on Non-Profit Corporations and Exchanges Selling Virtual Assets from June; 3. Arthur Hayes: U.S. Debt Pressure and Image Issues May Hinder U.S. from Increasing Bitcoin Holdings; 4. Trump's Crypto-Friendly Stance is Attracting Global Companies to the U.S. Market; 5. Analysis: Buffett's Retirement May Drive Berkshire Hathaway to Gradually Embrace BTC; 6. Galaxy Digital Research Director: 9 Senate Democrats Oppose the Current Version of the GENIUS Act.
- 04:25RootData: BMT to Unlock Tokens Worth Approximately $3.93 Million in One WeekAccording to ChainCatcher, based on token unlocking data from the Web3 asset data platform RootData, Bubblemaps (BMT) will unlock approximately 25.87 million tokens, valued at around 3.93 million USD, on May 11 at 11:00 AM (GMT+8).
- 04:24Bitfarms: Bitcoin Treasury Holdings Decrease to 1,005 in April, No Plans to Purchase Large BTC Miners This Year or NextAccording to a report by Jinse Finance, the Nasdaq-listed Bitcoin mining company Bitfarms released its April production and operations update, revealing that there are no plans to purchase large Bitcoin mining machines in 2025 or 2026. Instead, they will use previously acquired machines to achieve this year's growth targets, prioritizing the development of high-performance computing (HPC) business and expanding their energy infrastructure over pursuing new hardware. Additionally, Bitfarms disclosed that April's mining output was 268 BTC (an average daily mining output of 8.9 BTC), with Bitcoin treasury holdings reduced to 1,005 BTC, down from last month's 1,140 BTC, equivalent to approximately $94 million based on the Bitcoin price as of April 30.