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SEC wants more regulation on crypto tokens, Chair Gary Gensler says

The SEC seeks more regulatory enforcement in the crypto sector in 2022, according to chair Gary Gensler. US Securities and Exchange Commission chair Gary Gensler reiterated the outlook of the government agency on crypto tokens. He stated that the next step was to have security tokens properly classified. The SEC chair briefly spoke about equity…

The SEC seeks more regulatory enforcement in the crypto sector in 2022, according to chair Gary Gensler.

US Securities and Exchange Commission chair Gary Gensler reiterated the outlook of the government agency on crypto tokens. He stated that the next step was to have security tokens properly classified.

The SEC chair briefly spoke about equity and private companies, but also touched on crypto tokens as a way to raise money for innovative technologies in the wider crypto market.

The SEC chair stated that crypto tokens are free to raise funds from the public. However, promoters and sponsors should be aware that tokens fall under the securities laws.

This premise is based on the Howey test, which examines whether investors invest in a project hoping to get a return on their money based on the efforts made by the team.

Crypto-promoters to offer all disclosures to investors

Gensler made the comments during an interview on CNBC’s “Squawk Box” on Monday.

He stated that investors need to be able to get all information they need in order to make informed investment decisions when raising funds from the public. He said that securities laws are meant to protect investors from fraud and scammers.

Commenting about the SEC’s agenda on the crypto market, Gensler stated that the primary goal is to bring all security-tokens under the protection of securities laws.

The SEC chair believes that investors have the right to raise funds through cryptocurrency or newer special purpose acquisition corporations (SPACs). The SEC’s main goal is to protect consumers.

“We are going to take up again a project around driving greater competition and efficiency in the private fund space,” says SEC Chair @GaryGensler. “We will see if we are able to propose rules to increase transparency and competition.” pic.twitter.com/eeUO6iwbXP

— Squawk Box (@SquawkCNBC) January 10, 2022

On Insider Trading

Gensler also addressed the topic of insider trade, noting that SEC will aggressively enforce the laws governing insider trading by company insiders like CEOs and members of Congress who have access to non-public information.

He said that insider selling is a problem because it involves trust.

He noted:

Our system of finance comes down to one basic word and it is trust. Protecting against insider trading whether it is at a company or whether it is a government official, both are important to the basic trust. “

The SEC vs. Ripple

The comments regarding securities laws are coming even though the SEC continues to bring charges against Ripple Labs and its top executives. Ripple Labs was sued by the watchdog for illegally selling the XRP token.

Ripple maintains that the token is not a security token and has questioned previous pronouncements suggesting Ether (ETH), which is the native token of the Ethereum network, was not a security token.

Gensler stated that he couldn’t comment on specific crypto projects during the interview. He was responding to a question about why the SEC doesn’t see ETH security token the same way it does XRP.

In the past, the SEC has charged several celebrities with promoting various crypto initial coin offerings. (ICOs). These include Floyd Mayweather and actor Steven Seagal.

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Bitcoin Price Watch: $85K Pivot Sets Stage for Weekend Fireworks

Bitcoin traded at $85,287 on Saturday, commanding a $1.69 trillion market capitalization while moving $10.68 billion across exchanges in 24 hours. During the session, the leading cryptocurrency by market cap roamed between $84,366 and $85,398, packing price tension into a narrow corridor that could ignite the next decisive break…
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MEXC launches STORY (IP) launchpool & airdrop+, offering 68,500 IP & 50,000 USDT in bonuses

MEXC, the world’s leading cryptocurrency trading platform, has announced the launch of its Launchpool initiative in collaboration with the renowned blockchain project STORY (IP). This initiative highlights the close partnership between MEXC and STORY, showcasing their joint efforts to expand the STORY network. By introducing two major events—a Launchpool featuring a 60,000 IP reward pool…


MEXC, the world’s leading cryptocurrency trading platform, has announced the launch of its Launchpool initiative in collaboration with the renowned blockchain project STORY (IP).

This initiative highlights the close partnership between MEXC and STORY, showcasing their joint efforts to expand the STORY network. By introducing two major events—a Launchpool featuring a 60,000 IP reward pool and an Airdrop+ offering 8,500 IP plus 50,000 USDT—this collaboration further accelerates the growth of the STORY network while driving innovation in the blockchain space.

MEXC Supports the STORY Network with the Launch of IP Launchpool

In the digital age, traditional intellectual property (IP) management faces growing challenges. Centralized platforms and complicated intermediaries often lead to inefficiencies, high costs, and trust issues for creators. As a Layer 1 blockchain built with Cosmos SDK, STORY combines DeFi and AI technologies to offer automated, transparent, and cost-effective IP management solutions. With full EVM compatibility and a modular architecture, STORY empowers creators to tokenize their IP assets, automate royalties, and simplify licensing processes. MEXC’s support of the STORY network highlights the growing importance of such innovations in blockchain. 

As a global leader in digital asset trading, MEXC consistently supports innovative blockchain projects. Its Launchpool initiative with STORY reaffirms this commitment. This collaboration not only strengthens the STORY ecosystem but also empowers global creators and developers to explore the potential of decentralized IP management. MEXC’s broad market coverage and strong liquidity offer the environment for blockchain projects like STORY to thrive and bring new possibilities to the digital economy. By allowing users to stake USDT, MX, and IP tokens to earn rewards, MEXC provides a platform for increased exposure and growth for STORY. Visit the STORY (IP) pre-market page to see this innovation in action.

Celebrate the IP Launchpool & Airdrop+ with a Prize Pool of 68,500 IP & 50,000 USDT

As a pioneer in the cryptocurrency industry, MEXC continues to foster innovation and support emerging blockchain ecosystems. MEXC is hosting two major STORY (IP) events: the Airdrop+ event, running from February 12, 2025, 10: 00 (UTC) to February 26, 2025, 10: 00 (UTC), featuring 8,500 IP plus 50,000 USDT in rewards, and the Launchpool, taking place from February 12, 2025, 10: 00 (UTC) to February 15, 2025, 10: 00 (UTC), with a 60,000 IP reward pool. These initiatives underscore MEXC’s ongoing commitment to advancing blockchain innovation and delivering valuable opportunities to the crypto community.

These activities include:

  • Event 1: IP Launchpool – Stake USDT, MX & IP to Share 60,000 IP
  • Event 2: Join Airdrop+ to Share 8,500 IP & 50,000 USDT bonus
    • Perk 1: Deposit and Share 5,600 IP (New User Exclusive).
    • Perk 2: Spot Challenge – Trade to Share 1,700 IP.
    • Perk 3: Futures Challenge – Trade to Share 50,000 USDT in Futures Bonuses.
    • Perk 4: Invite New Users and Share 1,200 IP.

MEXC continues to expand its market share in the centralized exchange space, leveraging its first-mover advantage in listing promising and valuable projects. As one of the leading cryptocurrency exchanges, with its commitment to innovation, user-centric approach, and strategic focus on early-stage token listings, MEXC remains at the forefront of the crypto industry, providing strong access to the rapidly growing blockchain ecosystem.

About MEXC

Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto”. Serving over 30 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, frequent airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.

MEXC Official Website X TelegramHow to Sign Up on MEXC


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Jailed BTC-e operator Vinnik released in US-Russia prisoner swap

US to release jailed BTC-e operator Alexander Vinnik in a prisoner swap with Russia. Vinnik, arrested in 2017, is part of the exchange that saw Russia release jailed US schoolteacher Marc Fogel. Alexander Vinnik, jailed in the US after being convicted on charges of money laundering, is being released as part of a prisoner swap.…


  • US to release jailed BTC-e operator Alexander Vinnik in a prisoner swap with Russia.
  • Vinnik, arrested in 2017, is part of the exchange that saw Russia release jailed US schoolteacher Marc Fogel.

Alexander Vinnik, jailed in the US after being convicted on charges of money laundering, is being released as part of a prisoner swap.

The former operator of the Russian crypto exchange BTC-e will head to Russia after the Kremlin reportedly agreed to an exchange involving US national Marc Fogel.

According to the BBC, the White House confirmed the prisoner exchange,with Trump having spoken to Fogel.The schoolteacher left Russia on Tuesday, Feb. 11.

Who is Vinnik?

Alexander Vinnik, 44, is a crypto kingpin that operated the Bitcoin exchange BTC-e. Authorities arrested Vinnik in 2017 in Greece, with the Department of Justice filing charges of money laundering involving nearly $4 billion.

According to prosecutors, Vinnik allowed cyber criminals to use BTC-e to launder and store proceeds of crimes, including crypto hacks, ransomware attacks and identity theft.

The Russian national’s reign at the helm of the exchange saw him promote the platform to perpetrators of these crimes. US authorities blamed him for the loss of $121 million.

Notably, New Zealand police also seized $90 million from the BTC-e operator.

Vinnik’s guilty plea in May 2024 meant he faced up to 20 years in prison.

The prisoner swap that sees him leave custody comes after his lawyers failed in a previous attempt to have included in other US-Russia prisoner exchanges. One such push involved the deal that saw Evan Gershkovich, a Wall Street Journal reporter formerly imprisoned in Russia, released.


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