Oregon To ‘Resurrect’ SEC’s Crypto Regulation By Enforcement With ‘Copycat’ L...
Crypto exchange Coinbase revealed that Oregon’s Attorney General plans to file a lawsuit similar to the Securities and Exchange Commission (SEC)’s dismissed case. According to the exchange, Oregon is reportedly trying to revive the US regulator’s long-criticized “regulation by enforcement” approach. Related Reading: DeFi Protocol Joins Oku To Bring Bitcoin-Backed Lending To Corn Network Coinbase […]
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US Securities and Exchange Commission (SEC) Chair Paul Atkins said that the commission is moving away from a purely enforcement-driven response to digital assets and toward clearer, more constructive rules — a shift he framed as necessary to keep crypto activity onshore. Clearer Path For Crypto Classification In a CNBC interview, Atkins criticized the SEC’s […]
Pro-XRP lawyer John E. Deaton delivered a scathing critique of the Securities and Exchange Commission’s (SEC’s) legal team on March 17, alleging a pattern of unethical conduct and behavior that extends far beyond a single enforcement action. Deaton’s remarks, posted on X, call into question not only the SEC’s overall enforcement strategy but also the […]
The SEC’s approach to crypto must be modified to more clearly articulate how securities laws should apply to digital assets. Most crypto enthusiasts are less than pleased with the United States Securities and Exchange Commission’s past approach to crypto. This is not because legitimate businesses oppose regulation but because of the breadth, complexity and uncertainty associated with the current regulatory regime. Even in the context of general discontent, few actions by the SEC have engendered as much widespread criticism as the Dec. 22, 2020 complaint that initiated a civil enforcement....
Oregon Attorney General Dan Rayfield has initiated legal action against Coinbase, one of the leading cryptocurrency trading platforms in the United States. The lawsuit, filed in Multnomah County Circuit Court, alleges that Coinbase has violated Oregon Securities Law by facilitating the sale of unregistered cryptocurrencies to residents of the state, leading to notable financial losses […]
US Securities and Exchange Commissioner (SEC) Hester Peirce has recently emphasized the need for a shift in the regulatory approach towards crypto, signaling a departure from the aggressive enforcement strategies of the past years. In a recent interview on “Bloomberg Crypto,” Peirce discussed the SEC’s ongoing review of its enforcement actions against crypto firms, highlighting […]