The Securities and Exchange Commission made its biggest pro-crypto move yet this week. On Thursday, SEC Chairman Paul Atkins launched “Project Crypto,” an overarching roadmap of the Commission’s approach to regulating cryptocurrency. The aim of the project, according to Atkins, is to make the United States “the crypto capital of the world” by onshoring crypto […]
Acting Head of SEC Was Only Commissioner Who Didn’t Vote to Sue Elon Musk
Just before Donald Trump took office in January, the U.S. Securities and Exchange Commission reportedly held a vote on whether the agency would sue Elon Musk for alleged violations of securities law related to his purchase of Twitter. According to Reuters, four commissioners—three Democrats and one Republican—voted to move forward with legal action against Musk. […]