Elon Musk has requested a federal judge to dismiss the U.S. Securities and Exchange Commission’s (SEC) civil lawsuit against him in relation to his 2022 acquisition of Twitter stock — arguing that the regulator’s case over a delayed disclosure is legally unfounded.
Read More Musk asks judge to dismiss SEC civil suit, accuses agency of overreach
The U.S. securities regulator on Wednesday urged U.S. lawmakers not to adopt a bill that aims to create a new legal framework for digital currencies.
Read More US securities regulator urges against crypto bill adoption
The SEC denied a petition by the country’s largest crypto exchange Coinbase Global asking the agency to create new rules for the digital asset industry.
Read More US SEC denies Coinbase petition for crypto rulemaking