Gary Gensler, chair of the Securities and Exchange Commission, is under fire for his staff hiring choices at the regulatory agency. Republican lawmakers have opened an investigation into hiring decisions at the U.S. SEC under chair Gary Gensler, following accusations…
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SEC Charges FTX Audit Firm With Negligence And Independence Violations
The US Securities and Exchange Commission (SEC) has settled with audit firm Prager Metis, which has agreed to pay $1.95 million to resolve misconduct allegations related to its audits of the now-defunct cryptocurrency exchange FTX. $745,000 Over FTX Audit Failures On Tuesday, the SEC announced that Prager Metis and its California affiliate, Prager Metis CPAs, crypto.news
Circle to Launch USDC on Sui Blockchain, Expands Stablecoin Reach to Brazil and Mexico
Circle prepares to introduce a dollar-pegged stablecoin on the Sui blockchain next week. This development was coupled with other significant updates, including a collaboration with MoviePass and USDC’s expansion into crypto.news