All posts tagged: Grayscale Bitcoin Trust ETF

SEC taps Gibson Dunn attorney to be new enforcement director

SEC taps Gibson Dunn attorney to be new enforcement director

The seal of the U.S. Securities and Exchange Commission (SEC) is seen at their headquarters in Washington, D.C., U.S. Andrew Kelly | Reuters The U.S. Securities and Exchange Commission has tapped David Woodcock, a Gibson Dunn lawyer and former agency official, to be its next enforcement director after the regulator’s top cop abruptly quit last month. Woodcock, a partner with Gibson, Dunn & Crutcher in Dallas, Texas, will join the SEC to lead the more than 1,000-person division beginning May 4, the SEC said in a statement. He will replace Margaret Ryan, who resigned just six months into the job after clashing with the agency’s leaders over the direction of the enforcement program, Reuters previously reported. Reuters was first to report Woodcock’s appointment. Woodcock is a longtime securities lawyer who led the SEC’s Fort Worth, Texas, regional office from 2011 to 2015, where he helped create a task force aimed at rooting out accounting and financial reporting misconduct, the SEC said. Woodcock is well-known to SEC staff both in his work at the SEC and …

AI, crypto industries dump millions into Illinois primaries

AI, crypto industries dump millions into Illinois primaries

Juliana Stratton, lieutenant governor of Illinois and Democratic U.S. Senate candidate, speaks during a primary election night event in Chicago, Tuesday, March 17, 2026. Christopher Dilts | Bloomberg | Getty Images A major crypto PAC suffered a blow after the Illinois Senate Democratic candidate it spent millions opposing won the Tuesday primary and will likely be sworn into office next year. Fairshake, backed by Coinbase, Ripple Labs and venture capital firm Andreessen Horowitz, spent more than $10 million on ads opposing Illinois Lt. Gov. Juliana Stratton in her Democratic primary race for Senate. Stratton has an “F” rating from Stand With Crypto, and took to social media to denounce the “MAGA-backed crypto bros” who were funding ads opposing her. Stratton is all but guaranteed to become the next Illinois senator in November, as the state leans heavily Democratic. Another candidate opposed by Fairshake, La Shawn Ford, also won his primary to become the Democratic nominee for Illinois’ 7th Congressional District. The district heavily leans Democratic, putting Ford on the glide path to Congress. But Fairshake …

`Very, very important’ to have crypto rules

`Very, very important’ to have crypto rules

David Solomon, CEO Goldman Sachs, speaking on CNBC’s Squawk Box at the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2026. Oscar Molina | CNBC Goldman Sachs CEO David Solomon said Wednesday “it is very, very important that we codify a rule-based system” for how cryptocurrency and related financial instruments will operate” in the United States. “As an American, I think it is very important that as we put legislation in place, we get it right for the long term,” Solomon told CNBC’s Sara Eisen during an interview in front of attendees at the World Liberty Forum at the Mar-a-Lago club in Palm Beach, Fla., which was hosted by the Trump family’s crypto venture World Liberty Financial. “I believe that to operate markets safely and soundly, we need to have a rules-based system,” said Solomon, whose firm is one of the world’s premier traditional investment banks. “Our banking system is unique, and our banking system needs to coexist with this technological innovation.” “If there are people who think we are going to operate in …