Biden vetoes congressional disapproval of SEC accounting bulletin on crypto assets
By Douglas Gillison WASHINGTON (Reuters) - U.S. President Joe Biden on Friday vetoed a congressional disapproval of the U.S. Securities and Exchange Commission's accounting bulletin on crypto assets. "By virtue of invoking the Congressional Review Act, this Republican-led resolution would inappropriately constrain
US SEC says breach of X account did not lead to breach of its broader systems
By Kanishka Singh, Douglas Gillison and Eric Beech WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission on Friday said there was no evidence to suggest the breach of its X account earlier this week also involved a breach of the
SEC account hack renews spotlight on X’s security concerns
By Zeba Siddiqui and Raphael Satter SAN FRANCISCO/WASHINGTON (Reuters) - The hack of the U.S. Securities and Exchange Commission's official account on X on Tuesday renewed concerns about the social media platform's security since its takeover by billionaire Elon Musk in
US SEC sues Kraken crypto exchange over failure to register
By Jonathan Stempel (Reuters) - Kraken, one of the world's largest cryptocurrency exchanges, was sued on Monday by the U.S. Securities and Exchange Commission, which accused it of illegally operating as a securities exchange without first registering with the regulator. The lawsuit
Asset manager Valkyrie files for Ethereum-focused ETF with US SEC
By Manya Saini (Reuters) - Asset manager Valkyrie has filed for an Ethereum Strategy exchange-traded fund (ETF) that will invest in ether futures and other collateral assets, paperwork filed with the U.S. Securities and Exchange Commission showed on Wednesday. After a brutal
Binance files for protective order against SEC
By Lavanya Ahire in Bengaluru (Reuters) - Crypto exchange Binance late on Monday filed for a protective court order against the U.S. Securities and Exchange Commission, saying the regulator's requests for information were "over broad" and "unduly burdensome." BAM Trading, Binance U.S.'
Before suing Coinbase, SEC asked it to trade only in bitcoin
By Juby Babu NEWS: (Reuters) - The U.S. Securities and Exchange Commission (SEC) had asked Coinbase to stop trading in all cryptocurrencies except bitcoin before suing the cryptocurrency platform in June, the Financial Times reported on Monday, citing CEO Brian Armstrong. "We
US SEC developing rules on AI ‘conflicts of interest’
By Douglas Gillison SEC: WASHINGTON (Reuters) - Wall Street's top regulator is developing rules to govern the use of artificial intelligence on trading platforms, which poses a risk of conflicts of interest, the agency chief said in a speech on Monday. The
SolarWinds executives receive Wells notice from US SEC
By Samrhitha Arunasalam (Reuters) - SolarWinds said on Friday some of its former and current executives had been issued a Wells notice by the U.S. Securities and Exchange Commission over a massive 2020 data breach tied to the software firm. A Wells