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Commr. Hester Peirce statement on dismissal of SEC action v. Coinbase
Read more: Commr. Hester Peirce statement on dismissal of SEC action v. CoinbaseGetting Back on Base: Statement of Commissioner Hester M. Peirce on the Dismissal of the Civil Enforcement Action Against Coinbase Commissioner Hester M. Peirce Feb. 27, 2025 Today the Commission settled its case against Coinbase by dismissing it with prejudice. I did not support the action against Coinbase. Among other things, I was concerned that…
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Under new leadership, SEC drops actions v. crypto, NFT platforms Coinbase, OpenSea,
Read more: Under new leadership, SEC drops actions v. crypto, NFT platforms Coinbase, OpenSea,With Gary Gensler’s departure as the chair of the SEC, and the new Trump Administration, the SEC is dropping many of its enforcement investigations and actions against crypto and NFT platforms. The dropped actions include:
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SEC statement: Memecoins are not securities or investment contracts
Read more: SEC statement: Memecoins are not securities or investment contractsThe SEC issued a statement taking the position that memecoins are not securities or investment contracts and therefore not within their juridiction. Staff Statement on Meme Coins Division of Corporation Finance Feb. 27, 2025 As part of an effort to provide greater clarity on the application of the federal securities laws to crypto assets, the…
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Hester Peirce Statement on Crypto Task Force takes shot at Gary Gensler’s approach
Read more: Hester Peirce Statement on Crypto Task Force takes shot at Gary Gensler’s approachOn February 5, 2025, Hester Peirce, SEC Commissioner and Chair of the Crypto Task Force set up by the SEC, issued a strong statement provocatively titled The Journey Begins. In it, she sharply criticized the regulatory approach of former SEC Chair Gary Gensler, though, without naming him: On that last trip, the Commission refused to…