SEC

Bitcoin (BTC) is starting the month of August below $29,000, having lost roughly 5% in the past 30 days. Todd Groth, CFA, CoinDesk Indices head of research, reviews last month's activity in the broader crypto markets and the impact of Ripple's partial court victory against the SEC.

1. Aug. 2023

The Financial Times spoke with Coinbase CEO Brian Armstrong and the crypto exchange leader said the SEC recommendation left them no choice but to head to court. Armstrong also told the publication that the agency had asked Coinbase to stop trading in all cryptocurrencies other than bitcoin prior to suing the exchange. "The Hash" panel discusses the wave of lawsuits recently filed by the regulator and the debate over whether bitcoin is a security or commodity.

31. Juli 2023

Ripple vice president of central bank engagements and CBDCs James Wallis joins "First Mover" to discuss his insights into the country of Palau leveraging Ripple's CBDC platform and starting a stablecoin trial on the XRP Ledger. Wallis also weighs in on Ripple Labs scoring a partial win against the SEC earlier this month after a judge ruled the sale of Ripple's XRP tokens on exchanges and through algorithms did not constitute investment contracts.

28. Juli 2023

The clock is ticking this week for the U.S. Securities and Exchange Commission's (SEC) decision on whether to approve or reject six applications – including BlackRock's – to list a spot bitcoin exchange-traded funds (ETFs). Cinthia Murphy, ETF Think Tank research director, sheds light on understanding the spot bitcoin ETF race in the U.S.

21. Juli 2023

Host Angie Lau breaks down the latest crypto market movements, with a focus on XRP after Ripple's partial win in its legal battle against the U.S. Securities and Exchange Commissioner (SEC). Plus, the latest in Web3 developments as venture funding in the space slows down. Those stories and other news shaping the cryptocurrency world are in this episode of "Forkast IQ."

21. Juli 2023

Howard Fischer, Moses Singer partner and former SEC senior trial counsel, weighs in on Nasdaq dropping its plans for a crypto custody service. Fischer notes the stock market operator may have considered the potential concerns over its reputation when analyzing how certain players are operating within the digital asset industry, citing the blowup of crypto exchange FTX.

20. Juli 2023

Nasdaq CEO Adena Friedman said in an earnings call on Wednesday that the firm is dropping its plans for a crypto custody service due to a "shifting" regulatory climate in U.S. Moses Singer partner and former SEC senior trial counsel Howard Fischer joins "First Mover" to discuss the stock market operator's decision and his reaction to SEC Chair Gensler's recent testimony before lawmakers.

20. Juli 2023

SEC Chairman Gary Gensler made a pitch for tens of millions of dollars in additional funding for his agency’s multi-billion budget at the U.S. Senate Committee on Appropriations on Wednesday, telling lawmakers the agency must expand to, among other things, protect investors against a crypto industry “rife with noncompliance.”

19. Juli 2023

Ripple has scored a partial win in its legal battle against the U.S. Securities and Exchange Commission (SEC) as a judge ruled the sale of Ripple’s XRP tokens on exchanges and through algorithms did not constitute investment contracts. Brown Rudnick's Digital Commerce Group Corporate Partner Preston Byrne joins "First Mover" to discuss the impact of the ruling and what it means for the future of U.S. crypto regulation.

19. Juli 2023

Rep. Ritchie Torres (D-NY) joins First Mover to discuss how the SEC is handling crypto regulation, noting that under SEC Chair Gary Gensler there has been a "weaponization" of the agency against the crypto industry. The Congressman goes on to argue why he thinks this is an "abuse of power."

19. Juli 2023