* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Sunday, August 24, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Drake Appears in Teaser for Bobbi Althoff’s New Podcast ‘Not This Again’ – yahoo.com

    Drake Drops a Surprise Cameo in Bobbi Althoff’s Thrilling New Podcast Teaser ‘Not This Again

    From polka to Poison, Corn Palace adjusts entertainment offerings with the times – Mitchell Republic

    From polka to Poison, Corn Palace adjusts entertainment offerings with the times – Mitchell Republic

    How to watch ‘F1: The Movie’ on Prime Video – About Amazon

    Experience the Thrill: How to Stream ‘F1: The Movie’ on Prime Video

    FOX One is now available on Prime Video: Here’s everything to know – About Amazon

    FOX One is now available on Prime Video: Here’s everything to know – About Amazon

    What Are Our Predictions for Taylor Swift’s ‘Life of a Showgirl’ Based on What She’s Told Us So Far? – yahoo.com

    Uncover the Hidden Surprises in Taylor Swift’s ‘Life of a Showgirl’ – Can You Decode Her Clues?

    Bama Dining Serving Up New Food, Entertainment – UA News Center

    Bama Dining Launches Thrilling New Food and Entertainment Experiences

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    UNLV Responds to Workforce Need with Microcredential in Nuclear Technology – University of Nevada, Las Vegas | UNLV

    UNLV Unveils Cutting-Edge Microcredential Program to Fuel Growth in Nuclear Technology

    Why Technology Will Never Take Over Completely – Patheos

    Why Technology Will Never Completely Control Our Lives

    Alcorn State awarded grant to boost STEM with VR technology – WJTV

    Alcorn State Secures Grant to Transform STEM Education Through Cutting-Edge VR Technology

    Hyundai: The Only Way To Beat China Is To Embrace Technology – InsideEVs

    Hyundai’s Bold Strategy to Outpace China with Cutting-Edge Technology

    Teaching older adults how to use technology – WWNY

    Empowering Older Adults to Master Technology with Confidence

    Denver man receives pacemaker using new technology – CBS News

    Denver Man’s Life Transformed by Revolutionary Pacemaker Technology

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Drake Appears in Teaser for Bobbi Althoff’s New Podcast ‘Not This Again’ – yahoo.com

    Drake Drops a Surprise Cameo in Bobbi Althoff’s Thrilling New Podcast Teaser ‘Not This Again

    From polka to Poison, Corn Palace adjusts entertainment offerings with the times – Mitchell Republic

    From polka to Poison, Corn Palace adjusts entertainment offerings with the times – Mitchell Republic

    How to watch ‘F1: The Movie’ on Prime Video – About Amazon

    Experience the Thrill: How to Stream ‘F1: The Movie’ on Prime Video

    FOX One is now available on Prime Video: Here’s everything to know – About Amazon

    FOX One is now available on Prime Video: Here’s everything to know – About Amazon

    What Are Our Predictions for Taylor Swift’s ‘Life of a Showgirl’ Based on What She’s Told Us So Far? – yahoo.com

    Uncover the Hidden Surprises in Taylor Swift’s ‘Life of a Showgirl’ – Can You Decode Her Clues?

    Bama Dining Serving Up New Food, Entertainment – UA News Center

    Bama Dining Launches Thrilling New Food and Entertainment Experiences

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    UNLV Responds to Workforce Need with Microcredential in Nuclear Technology – University of Nevada, Las Vegas | UNLV

    UNLV Unveils Cutting-Edge Microcredential Program to Fuel Growth in Nuclear Technology

    Why Technology Will Never Take Over Completely – Patheos

    Why Technology Will Never Completely Control Our Lives

    Alcorn State awarded grant to boost STEM with VR technology – WJTV

    Alcorn State Secures Grant to Transform STEM Education Through Cutting-Edge VR Technology

    Hyundai: The Only Way To Beat China Is To Embrace Technology – InsideEVs

    Hyundai’s Bold Strategy to Outpace China with Cutting-Edge Technology

    Teaching older adults how to use technology – WWNY

    Empowering Older Adults to Master Technology with Confidence

    Denver man receives pacemaker using new technology – CBS News

    Denver Man’s Life Transformed by Revolutionary Pacemaker Technology

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

From Kraken to Robinhood: Crypto Giants Confront SEC’s Expanding Grip

May 7, 2024
in Business
From Kraken to Robinhood: Crypto Giants Confront SEC’s Expanding Grip
Share on FacebookShare on Twitter

Recent regulatory actions by the U.S. Securities and Exchange Commission have drawn criticism not only from the common public but also from professionals. Multiple crypto exchanges and platforms have raised concerns about the SEC’s rigid behavior towards the crypto industry. 

From Kraken to Coinbase and now Robinhood, the SEC’s aggressive stance has made some question whether the agency is exceeding its authority and potentially stifling innovation in the crypto industry.

Allegations of Regulatory Overreach

Ryan Sean Adams, a well-known crypto advocate, shared his thoughts on the matter, stating that the SEC’s lawsuits against various crypto platforms for “helping regular Americans access crypto” might harm the industry and affect political outcomes. 

As Adams noted, “The SEC is now suing Kraken, Coinbase, Uniswap, Metamask, and now Robinhood for the crime of helping regular Americans access crypto. This level of regulatory overreach has destroyed the legitimacy of the SEC and may lose the Democrats the election. Voters don’t want this.”

However, its not just Ryan who has expressed his dissatisfaction witht eh SEC’s hostile approach towards crypto. 

State AGs Push Back Against the SEC

The SEC’s lawsuit against Kraken which was filed last year has garnered opposition from a group of state attorneys general (AGs) from Montana, Arkansas, Iowa, Mississippi, Nebraska, Ohio, South Dakota, and Texas. 

These AGs argue that the SEC is overstepping its bounds by expanding the definition of “investment contract” and that cryptocurrencies “are not automatically securities.”

The AGs, along with industry lobbyists and other participants, filed a joint amicus brief in support of Kraken, arguing that the SEC’s actions could harm consumers and undermine state laws designed to protect them.

The filing stated, “States have a strong interest in preventing the potential preemption of consumer protection and other state laws by the SEC’s attempt to regulate crypto assets as securities.”

SEC’s Wells Notices and Regulatory Concerns

Robinhood, a widely-used app for stock trading with a cryptocurrency arm, has recently been given a Wells notice from the SEC, which could be a sign of an impending enforcement action against its U.S. business in cryptocurrencies. The letter stated that the SEC may initiate further enforcement proceedings as a result of the claimed violations in connection with the securities registration.

Dan Gallagher, who is the Chief Legal, Compliance, and Corporate Affairs Officer at Robinhood, is very upset by the SEC’s method, suggesting that the latter’s crypto offerings are not securities.

He claimed, “We stick to the position that the assets which are listed on our platform are not securities,” as well as hinted that the major basis upon which the SEC case against Robinhood could have been built are flimsy.

Uniswap and the Decentralized Finance Sector

Uniswap, a well-known DEX, is also under attack from the SEC. The Wells notice served on Uniswap stands out because the regulator’s enforcement actions mostly target centralized exchanges. Uniswap’s Chief Legal Officer countered this argument by asserting that the SEC’s Wells notice and the expected enforcement action demonstrated “arbitrary enforcement and continued power abuse.”

This emergence of such an ecosystem leads to a dilemma about SEC’s regulatory frameworks for decentralized finance (DeFi) platforms. SEC’s attention is shifting to DeFi, which may have significant implications for the sector with resulting setbacks to its growth and innovation.

Is the SEC Overreaching?

The SEC’s aggressive approach against multiple crypto projects has raised the question if the agency is pushing its authority beyond the normal. Critics contend that the SEC’s far reach with its securities laws would be harmful to innovation and consumers, bypassing state laws. Whether these legal clashes will bring definite results or not, they will probably mold the future of the crypto business and its regulatory frameworks.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Coinpedia – https://coinpedia.org/news/from-kraken-to-robinhood-crypto-giants-confront-secs-expanding-grip/

Tags: businessKrakenRobinhood
Previous Post

3 Crypto Lawsuits to Look Out For This Week

Next Post

Top Reasons Why Bitcoin Price Reaching $150K Might Be a Long Road Ahead

Privately influential but publicly absent, Melania Trump is picking and choosing her moments this term – CNN

Melania Trump: Quietly Influential and Selectively Stepping Into the Spotlight This Term

August 24, 2025
Third annual event highlights cultural, ecological importance of Tawas Lake – Iosco County News Herald

Explore the Vibrant Culture and Stunning Ecology of Tawas Lake at This Year’s Exciting Third Annual Event!

August 24, 2025
UNT Ph.D. Grad Gives $2M to Launch Data Science Innovation Lab – Dallas Innovates

UNT Ph.D. Grad Gives $2M to Launch Data Science Innovation Lab – Dallas Innovates

August 24, 2025
Center to advance hunting and conservation looks to tradition, science – NBC Montana

Center Pioneers New Era in Hunting and Conservation by Merging Tradition with Science

August 24, 2025
‘Hidden gem’ – the lifestyle village beating the property slump – Stuff

‘Hidden gem’ – the lifestyle village beating the property slump – Stuff

August 24, 2025
UNLV Responds to Workforce Need with Microcredential in Nuclear Technology – University of Nevada, Las Vegas | UNLV

UNLV Unveils Cutting-Edge Microcredential Program to Fuel Growth in Nuclear Technology

August 24, 2025
Women’s football moves mountains in Pakistan – EL PAÍS English

Women’s football moves mountains in Pakistan – EL PAÍS English

August 24, 2025
Lifeguard, 82, Sets Impressive Guinness World Record After More Than 60 Years Lifeguarding – People.com

82-Year-Old Lifeguard Breaks Guinness World Record After Over 60 Years on Duty

August 24, 2025
Powell’s Rate Cut Signal Reflects Economy’s Delicate Position – Hindustan Times

Powell’s Rate Cut Signal Reflects Economy’s Delicate Position – Hindustan Times

August 24, 2025
Drake Appears in Teaser for Bobbi Althoff’s New Podcast ‘Not This Again’ – yahoo.com

Drake Drops a Surprise Cameo in Bobbi Althoff’s Thrilling New Podcast Teaser ‘Not This Again

August 24, 2025

Categories

Archives

August 2025
MTWTFSS
 123
45678910
11121314151617
18192021222324
25262728293031
« Jul    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (787)
  • Economy (807)
  • Entertainment (21,686)
  • General (16,642)
  • Health (9,847)
  • Lifestyle (820)
  • News (22,149)
  • People (809)
  • Politics (817)
  • Science (16,019)
  • Sports (21,306)
  • Technology (15,788)
  • World (788)

Recent News

Privately influential but publicly absent, Melania Trump is picking and choosing her moments this term – CNN

Melania Trump: Quietly Influential and Selectively Stepping Into the Spotlight This Term

August 24, 2025
Third annual event highlights cultural, ecological importance of Tawas Lake – Iosco County News Herald

Explore the Vibrant Culture and Stunning Ecology of Tawas Lake at This Year’s Exciting Third Annual Event!

August 24, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version