Coinbase Faces Renewed SEC Scrutiny Over Past User Metrics Amid Data Breach Fallout

Coinbase Faces Renewed SEC Scrutiny Over Past User Metrics Amid Data Breach Fallout

SEC Probes Coinbase Over Historic User Data Reporting Cryptocurrency giant Coinbase has confirmed that the U.S. Securities and Exchange Commission (SEC) is investigating how the company previously reported its user metrics. The disclosure came Thursday, May 15, as the exchange also revealed it was addressing the aftermath of a significant customer data breach. According to…

Behind Closed Doors: Ex-SEC Chair Gary Gensler Quietly Backed Crypto, Says McHenry

Behind Closed Doors: Ex-SEC Chair Gary Gensler Quietly Backed Crypto, Says McHenry

Gensler’s Private Praise for Crypto Clashes with Public Enforcement Record Former Securities and Exchange Commission (SEC) Chair Gary Gensler may have presented a much friendlier face to the crypto industry behind closed doors than he ever did publicly, according to former U.S. Representative Patrick McHenry. In a revealing interview aired May 13 on the Crypto…

Ripple Settlement Sparks Controversy Within SEC Amid White House Ties

Ripple Settlement Sparks Controversy Within SEC Amid White House Ties

SEC Ends Years-Long Battle with Ripple The Securities and Exchange Commission has reached a controversial settlement with Ripple Labs, ending a legal battle that has stretched over four years. The deal would see Ripple pay $50 million to the SEC while recovering $75 million from a previously imposed $125 million fine, a move that has triggered strong internal backlash from…

SEC Shifts Focus Away from Crypto Enforcement, Signaling New Era for Digital Asset Regulation

SEC Shifts Focus Away from Crypto Enforcement, Signaling New Era for Digital Asset Regulation

SEC’s Crypto Enforcement Era Comes to an EndThe U.S. Securities and Exchange Commission (SEC) is officially moving away from its aggressive stance on cryptocurrency enforcement, signaling a shift in its regulatory approach. Former SEC official John Reed Stark declared the end of the agency’s crypto enforcement era, stating that “it’s done” as internal changes reflect…

World's Leading Crypto Options Exchange Considers U.S. Expansion Amid Shifting Regulations

World’s Leading Crypto Options Exchange Considers U.S. Expansion Amid Shifting Regulations

Deribit Considers U.S. Expansion Deribit, the world’s leading crypto options exchange, is actively exploring the possibility of expanding into the U.S. market. This decision follows a shift towards a more favorable regulatory environment for cryptocurrencies under President Donald Trump’s administration. CEO Luuk Strijers emphasized that the company is reassessing its opportunities in the U.S. due…

Coinbase Appeals to SEC to Remove Staff Crypto Restrictions, Slicing Through Regulatory Barriers

Coinbase Appeals to SEC to Remove Staff Crypto Restrictions, Slicing Through Regulatory Barriers

Coinbase, the cryptocurrency exchange, has asked the United States Securities and Exchange Commission (SEC) to lift its policy restricting staff ownership of cryptocurrencies. Coinbase published letters detailing their argument on April 25, 2025. In opposition to Coinbase’s actions, the SEC seems preoccupied with trying to come up with effective regulations, claiming that their efforts will…

New SEC Chair Criticizes Past Uncertainty, Vows Crypto Regulatory Clarity

New SEC Chair Criticizes Past Uncertainty, Vows Crypto Regulatory Clarity

The newly appointed chairman of the U.S. Securities and Exchange Commission (SEC), Paul Atkins, has deviated from the approach of his predecessor by claiming that it led to “uncertainty” in the market. Atkins expressed these sentiments during his initial public address after assuming the role of SEC chair. He was addressing participants at the crypto…