SEC chair issues warning to crypto firms after action on Kraken staking
“Don’t have your hand in the customer’s pocket, using their funds for your own platform,” Gary Gensler said to companies that needed to register with the SEC.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
“Don’t have your hand in the customer’s pocket, using their funds for your own platform,” Gary Gensler said to companies that needed to register with the SEC.
Why this matters
This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Six Days After Launch, Morgan Stanley Says It Is Using DTCC’s Tokenization Service
Morgan Stanley is using the DTCC Tokenization Service (DTS) to put U.S. equities and Treasuries into token form, the bank said in...
SEC Updates Crypto-Asset FAQs as Firms Seek Clarity on Federal Securities Rules
TL;DR: The SEC Division of Corporation Finance added questions 1.4, 1.5 and 1.6 to its crypto-assets FAQ on November 2, 2026. SEC...
Italy Filed 95% of the EU's Register of Unlicensed Crypto Firms
Italy's market regulator filed 179 of the 188 entries on the EU's register of unlicensed crypto firms, an FM Intelligence analysis...
Second Circuit Won’t Pause New York, Connecticut Actions Against Kalshi and Coinbase
Kalshi will not get federal court protection from New York and Connecticut regulators, and Coinbase will not get it from Connectic...
Coinbase resumes crypto staking in New Jersey after order reversal
The regulatory easing in New Jersey may boost Ethereum's adoption and influence its market dynamics, though future actions remain...
Coinbase Says 99% of Customer Crypto Is Offline and Out of Hackers’ Reach
Coinbase told customers it wasn’t affected by the $6.4 billion Binance hack and detailed its security controls, including offline...