Crypto companies are participating in poker with the SEC as company cracks down on the sector

Crypto companies are participating in poker with the SEC as company cracks down on the sector


Essential Points
  • Crypto providers have issued daring threats to go away the U.S., highlighting problem that the Securities and Trade Commission’s industry crackdown is turning into as well severe.
  • They’re participating in a sport of poker with the SEC, screening the limits of their lobbying electrical power in the hope that they can get it to back again down.
  • But whether they’ll go away or not is debatable — the U.S. is a substantial market with over 50 million Individuals proudly owning crypto.



Supply

Stocks making the biggest moves midday: First Solar, Newmont, Wells Fargo, Nvidia & more
Finance

Stocks making the biggest moves midday: First Solar, Newmont, Wells Fargo, Nvidia & more

Check out the companies making the biggest moves midday: First Solar – Shares of the major domestic solar panel producer popped 6%. Bloomberg News reported that the U.S. Commerce Department has launched Section 232 investigations into imports of drones and polysilicon, which is used on solar panels. The move could be a precursor to tariffs, […]

Read More
GameStop’s Ryan Cohen lays out his vision for company — it’s not to be the next MicroStrategy
Finance

GameStop’s Ryan Cohen lays out his vision for company — it’s not to be the next MicroStrategy

GameStop chief Ryan Cohen said Tuesday his video game retailer is using crypto as an inflation protection, and not trying to mimic others in becoming a large holder of digital tokens. “I look at it as a hedge against inflation and global money printing and and we’ll see what happens,” Cohen said on CNBC’s ” […]

Read More
Stocks making the biggest moves premarket: Nvidia, Trade Desk, BlackRock, Wells Fargo and more
Finance

Stocks making the biggest moves premarket: Nvidia, Trade Desk, BlackRock, Wells Fargo and more

Check out the companies making headlines before the bell. JPMorgan Chase — Shares fell less than 1% in the premarket after the bank posted second-quarter earnings that beat analyst expectations. Investment banking and trading revenue drove the stronger-than-expected numbers. Wells Fargo — Shares were down 3% in the premarket after the company lowered its 2025 […]

Read More