GARY GENSLER

The U.S. Securities and Exchange Commission and Binance have reached a court agreement that lets the world’s largest cryptocurrency exchange continue to operate in the United States as it battles SEC fraud charges.

Two recent lawsuits filed by the U.S. Securities and Exchange Commission against the world’s biggest cryptocurrency exchanges have reopened tensions between the government and a volatile industry that has been marred by scandals and market meltdowns.

The long list of celebrities promoting cryptocurrencies just got shorter.

The U.S. and China have reached a preliminary agreement allowing U.S. regulators to inspect the audits of China-based companies whose stocks are traded on U.S. exchanges.

It’s been a wild week in crypto, even by crypto standards.

The owner of a New York-based hedge fund that collapsed when it defaulted on margin calls has been arrested on charges alleging he defrauded leading global investment banks and brokerages.

Wall Street delivered another strong year in 2021, as a spike in consumer demand fueled by the reopening of the global economy pumped up corporate profits.

In the cryptocurrency world, which gets likened to the Wild West of financial markets, one of the industry’s major players is asking for a sheriff.

As the biggest cryptocurrencies flirt with record highs in value, they are increasingly becoming bigger sources of revenue for charities.

The Biden administration is calling on Congress to pass legislation that would strengthen government regulation of stablecoins, a form of cryptocurrency that has soared in popularity in the past year.

Cryptocurrency has officially gone to the dogs.

Whether you love cryptocurrencies or hate the very idea of them, they’re becoming more mainstream by the day.

The stock market certainly shook when hundreds of thousands of regular people suddenly piled into GameStop early this year, driving its price to heights that shocked professional investors.

A group intent on expanding Republican power across state-level offices is rolling out a national effort to diversify and broaden the GOP, with an advisory council headed up by a number of possible future presidential hopefuls.

What does Bitcoin have to do with roads and bridges.

The Securities and Exchange Commission has approved Nasdaq’s groundbreaking proposal to boost the number of women, racial minorities and LGBTQ people on U.S. corporate boards.

The chairman of the Securities and Exchange Commission said that investors need more protection in the cryptocurrency market, which he said is “rife with fraud, scams and abuse.”.

Chinese companies hoping to sell their shares in the United States must start making more disclosures about their potential risks before U.S. regulators will allow them to list their stock.

Top regulators are pledging to push reforms in a key corner of U.S. financial markets that the Federal Reserve and Treasury had to rush to support after it was roiled during the coronavirus outbreak in the spring of 2020.

GameStop and other meme stocks are jumping again.

The price of the famously volatile digital currency Bitcoin fell nearly 30% at one point Wednesday after the China Banking Association warned member banks of the risks associated with digital currencies.

The Senate has approved President Joe Biden’s choice to lead a key agency overseeing Wall Street.

He was asked about the roiling stock-trading drama involving GameStop shares that has spurred clamor for tighter regulation of Wall Street. The GameStop episode prompted lawmakers to raise concern about the business model of Robinhood, the online trading platform that hosted a wave of trading in GameStop. If confirmed to the SEC post, Gensler said, he would work to strengthen transparency and accountability in the markets. Biden’s selection of Gensler to lead the SEC signals a goal of turning the Wall Street watchdog agency toward an activist role after a deregulatory stretch during the Trump administration. The GameStop episode has bolstered political momentum toward tighter regulation of the securities markets, though Republican lawmakers and regulators generally will oppose new rules.

The SEC took a deregulatory tilt under chair Jay Clayton, a former Wall Street lawyer appointed by President Donald Trump. The populist strain recalls the anger fueling the Occupy Wall Street movement over the big bank bailouts that Congress brought in response to the financial crisis. At least two of them have closed out January's trading with losses of more than 40%, according to reports by The Wall Street Journal and Bloomberg News. Politicians and critics said Robinhood changed the rules of the road midway through, in favor of Wall Street firms who were still able to trade these shares. Wall Street brokerages, big banks and other financial companies were already expecting the Biden administration to be tougher on them than the Trump regime.

“To heal we must remember," the incoming president told the nation at a sunset ceremony at the Lincoln Memorial. “Between sundown and dusk, let us shine the lights into the darkness ... and remember all who we lost,” Biden said. “Tonight, we grieve and begin healing together.”Beyond the pandemic, Biden faces no shortage of problems when he takes the reins at the White House. Biden at his Delaware farewell, held at the National Guard/Reserve Center named after his late son Beau Biden, paid tribute to his home state. As Biden made his way to Washington, five of his Cabinet picks were appearing Tuesday before Senate committees to begin confirmation hearings.

Flags are placed on the National Mall, looking towards the Washington Monument, and the Lincoln Memorial, ahead of the inauguration of President-elect Joe Biden and Vice President-elect Kamala Harris, Monday, Jan. 18, 2021, in Washington. As Biden and Harris took breaks from their inaugural preparations to honor the civil rights hero Monday, outgoing President Donald Trump remained out of public view at the White House for the sixth straight day. Biden transition officials, including incoming Homeland Security adviser Liz Sherwood-Randall and the deputy attorney general nominee, Lisa Monaco, held a videoconference with acting heads and career staff from national security agencies to discuss the security situation surrounding Inauguration Day. Even before the Jan. 6 insurrection at the Capitol, inauguration festivities were expected to be muted due to the virus. Mayor Muriel Bowser urged residents to stay away from the city on Inauguration Day.

President-elect Joe Biden is set to nominate Rohit Chopra as the director of the Consumer Financial Protection Bureau, tapping a progressive ally of Sen. Elizabeth Warren to helm the agency whose creation she championed. Gensler, a former Goldman Sachs banker, tightened oversight of the complex financial transactions that helped cause the Great Recession. Consumer and investor advocate groups praised the selections of Gensler and Chopra. Mulvaney had been a vocal critic of the consumer agency and made deep changes to it, softening regulations on payday loans, for example, and pulling back on enforcement efforts. As one of two Democratic commissioners on the five-member Federal Trade Commission, Chopra has been an outspoken critic of practices by big companies, especially tech giant Facebook.