US: Torres calls for SEC investigation into controversial crypto regulation
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Representative Ritchie Torres, a New York Democrat, recently called for an investigation by the US SEC into the circumstances that led to Prometheum’s controversial crypto regulation. See below for all the details. US: request for SEC investigation highlights need for more crypto regulation As anticipated, Representative Ritchie Torres (DN.Y.) has filed requests for two investigations into the controversial license awarded to Prometheum Ember ATS, which allows it to operate as a crypto exchange despite the fact that it is not currently involved in such activity and may not be in compliance with current regulations. More specifically, Torres raises questions about
The US Securities and Exchange Commission (SEC) has taken a significant step in the ongoing legal battle with Ripple Labs over the classification of its XRP token. In a recent move, the SEC has formally requested an expedited appeal, challenging a specific segment of Judge Analisa Torres’ ruling. This development…
SEC drops its probe into Gemini, signaling a shift in U.S. crypto regulation. Industry experts debate the future of enforcement policies. The U.S. Securities and Exchange Commission (SEC) has officially closed its investigation into cryptocurrency exchange Gemini. The regulator no longer monitors Gemini alongside several other crypto companies. Cameron Winklevoss…