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XRP ETF To Debut In Canada, Setting The Stage For US Showdown
Tuesday, June 17, 2025 - 11:35am | 648Purpose Investments Inc. has secured final regulatory approval from the Ontario Securities Commission (OSC) to launch the Purpose ETF, which will begin trading on the Toronto Stock Exchange (TSX) on Wednesday, June 18, under the ticker XRPP. This marks Canada's first spot XRP exchange-traded fund,...
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Coinfund President On AI Tokens, DePIN, And Why Clear Rules Will Unleash Next Wave Of Crypto Adoption
Monday, June 16, 2025 - 3:48pm | 755Christopher Perkins, President of CoinFund and a former Wall Street executive, believes the next chapter of crypto adoption hinges on clarity—regulatory, technological, and strategic. In an interview with Benzinga, Perkins discussed everything from AI-powered networks to staking yields, tokenized...
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Ex-SEC Chair Gary Gensler Says Bitcoin Driven By Sentiment, Not Fundamentals
Thursday, April 17, 2025 - 7:23am | 428Former SEC Chair Gary Gensler stated on Wednesday that Bitcoin (CRYPTO: BTC) is driven almost entirely by sentiment rather than fundamentals. Reflecting on the cryptocurrency market, Gensler cautioned investors about the risks associated with assets lacking solid economic grounding, contrasting...
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Gary Gensler's SEC Rules Targeted As Managed Funds Association Urges Rollbacks Under Trump-Picked Leadership
Tuesday, March 11, 2025 - 4:45am | 444The Managed Funds Association has called on the Securities and Exchange Commission (SEC) to reform or withdraw several regulations implemented during former Chair Gary Gensler‘s tenure, signaling a potential shift in the regulatory landscape under interim Chair Mark Uyeda. What Happened: In a...
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Interm SEC Chair Mark Uyeda Anticipates Less Active Rulemaking: We Want To Be 'Very Methodical'
Friday, March 7, 2025 - 5:39pm | 383Interim SEC Chair Mark Uyeda replaced Biden-era appointee Gary Gensler as the highest-ranking official at the agency following Donald Trump‘s inauguration. Uyeda signaled his intent to change key aspects of the commission on Thursday. What Happened: Uyeda appeared at the Wall Street Journal's...
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What Will Trump Say At White House Crypto Summit? Bets Favor AI, XRP, Solana
Friday, March 7, 2025 - 12:34pm | 592Forget Bitcoin's (CRYPTO: BTC) rollercoaster ride – crypto traders are already betting on President Donald Trump's next words. The crypto world is on edge as Trump prepares to address industry leaders at the first-ever White House Crypto Summit on Friday. With his recent announcement of a...
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SEC Closes Investigation Against Crypto Exchange Gemini, Says Cameron Winklevoss: 'Another Milestone To The End Of The War On Crypto' (UPDATED)
Thursday, February 27, 2025 - 9:17am | 601Editor’s Note: This story has been updated to include that the SEC declined to respond to Benzinga's request for comment. Gemini co-founder Cameron Winklevoss disclosed Wednesday that the SEC has concluded its investigation into the cryptocurrency exchange with no enforcement action to be...
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Crypto Firm Gemini Halts MIT Hiring Due To Gary Gensler's Presence — Winklevoss Twin Calls Appointing Former SEC Chair A 'Bad Idea'
Thursday, January 30, 2025 - 5:24am | 865Tyler Winklevoss, co-founder of cryptocurrency exchange Gemini, announced a hiring boycott against the Massachusetts Institute of Technology on Wednesday due to its association with former SEC Chair Gary Gensler. What Happened: In an X post, Winklevoss expressed his disapproval of Gensler’s...
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Gary Gensler Defends SEC Legacy: 'We Focused On Reforms In The $60 Trillion Equity Markets'
Tuesday, January 14, 2025 - 2:38pm | 421In his final days as SEC Chair, Gary Gensler defended his legacy, emphasizing the agency's focus on regulating the $60 trillion U.S. equity market and addressing systemic issues in capital markets. During an interview with CNBC, Gensler dismissed criticisms that his tenure obstructed the growth of...
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Gary Gensler Says 10,000-15,000 Projects Won't Survive, Crypto Market Is 'Wrapped Up In Sentiment'
Wednesday, January 8, 2025 - 4:20pm | 614Outgoing SEC Chair Gary Gensler on Wednesday warned of the highly speculative nature of the cryptocurrency market, saying the vast majority of the 10,000-15,000 existing crypto projects “will not survive.” What Happened: In an interview with Bloomberg, Gensler said he has been around...
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Financial Crime Weekly: SEC Charges Tai Mo Shan With Misleading Terra USD Investors, Rocket Companies Sued Over Alleged Kickback Scheme
Saturday, December 28, 2024 - 10:00am | 639Consumer Financial Protection Bureau Sues Rocket Homes, Alleges Kickback Scheme The Consumer Financial Protection Bureau sued Rocket Homes, a division of Rocket Companies, Inc. (NYSE:RKT), on Monday in what it said is an action stop the company from providing incentives to real estate brokers and...
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Elon Musk Faces Deadline To Settle With SEC Over Twitter Buyout: Lawyer Alleges 'Years Of Harassment'
Friday, December 13, 2024 - 12:56pm | 751Billionaire Elon Musk is facing a deadline to respond to an offer to resolve a SEC case over his buyout of Twitter, now known as X, which he bought for $44 billion in 2022. What Happened: Musk recently shared a letter his lawyer Alex Spiro sent to the SEC over a reported 48-hour deadline to respond...
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Elon Musk Asks Gary Gensler 'How Could You Do This To Me' As SEC Reopens Investigation Into Neuralink (CORRECTED)
Friday, December 13, 2024 - 12:15pm | 623Editor’s note: This story has been corrected to clarify that a letter from Elon Musk’s lawyer says Musk had 48 hours to accept a SEC settlement offer relative to an investigation into Musk’s purchase of Twitter. The U.S. Securities and Exchange Commission has reopened an...
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Elon Musk, Vivek Ramaswamy Slam SEC: 'Just Another Weaponized Institution'
Thursday, December 12, 2024 - 3:25pm | 512Entrepreneur Vivek Ramaswamy, who will lead a new "Department of Government Efficiency" in Donald Trump‘s administration joined Tesla CEO Elon Musk in sharply criticizing the SEC following a federal court decision. The Fifth Circuit Court ruled that the SEC acted unlawfully in approving...
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Ripple CEO Brad Garlinghouse Admits $204M Crypto Super PAC Wouldn't Exist If Gary Gensler Wasn't The SEC Chair
Monday, December 9, 2024 - 12:36am | 709Ripple CEO Brad Garlinghouse said on Sunday that the establishment of Fairshake, a cryptocurrency-focused super political action committee, was a direct response to the SEC’s approach toward the industry under Gary Gensler. What Happened: During an interview with CBS News that aired on...