Coinbase has settled its FOIA fight with the SEC for $150,000 after the agency lost nearly 11 months of former Chair Gary Gensler’s text messages. Beyond the cash, the case spotlights a sloppy records failure tied to crypto oversight and a dent to the SEC’s credibility.
Read Full Article
Coinbase secured a $150,000 FOIA settlement from the SEC after missing Gensler text messages exposed shaky recordkeeping at the agency. Beyond the cash, the deal forces retention reforms — a bad look for a regulator that loves compliance lectures but tripped over its own paperwork.
Read Full Article
Senate negotiators are reportedly closing in on a bipartisan CLARITY Act vote after stronger customer protections and an ethics deal eased major sticking points. The final text is still unpublished, but the bill is edging closer to a real U.S. crypto market framework.
Read Full Article
The SEC says Mining Automatic and owner Zan Shaikh ran a crypto mining investment scheme that raised about $22 million from more than 380 investors, while most of the money allegedly went to marketing, personal spending, and unrelated expenses instead of mining.
Read Full Article
SEC crypto rulemaking is reportedly heading to White House review, hinting at a shift from enforcement-by-chaos to actual written rules. But don’t get too comfy: DeFi safe harbor talks could still bring strict, messy definitions of “decentralized” that hit builders hard.
Read Full Article
The CLARITY Act is running out of Senate runway, and if lawmakers miss July’s floor windows, crypto’s long-promised market-structure rules could slip into the legislative abyss. Between SEC-CFTC turf wars, ethics fights, law-enforcement pushback, and bank objections, this one is far from a clean win.
Read Full Article
Injective says it filed for SEC transfer agent registration, aiming to bring official ownership records for tokenized securities onchain. The move points to blockchain edging deeper into market plumbing — but the filing wasn’t publicly verified, so the claim deserves caution.
Read Full Article
The SEC has allowed NYSE Arca to raise BlackRock’s IBIT options and exercise limits from 250,000 to 1 million contracts, signaling that Bitcoin ETF trading has grown big enough to need serious market plumbing. More liquidity, more hedging — and, as always, more ways for traders to blow themselves up.
Read Full Article
The CLARITY Act is heading for a key Senate vote, but the real battle is over ethics, crypto power, and whether lawmakers can agree on market rules before time runs out. Supporters want regulatory clarity; critics say consumer protections still aren’t strong enough.
Read Full Article
The CLARITY Act is running into Senate reality checks as a July 17 hearing spotlights the fight over crypto oversight, SEC vs. CFTC turf, and whether the U.S. will finally get clear rules or keep governing by lawsuit and delay.
Read Full Article