First Mover Asia: 1. Crypto isn't moving despite tough talk from the White House about a debt ceiling resolution. 2. Analysis: The SEC is able to give guidance about crypto in the Hinman emails. So why can't it make a formal rulebook?
that the U.S. Securities and Exchange Commission cannot seal documents related to former official William Hinman's 2018 speech on crypto and securities in its lawsuit against Ripple.
In 2018, William Hinman, who was serving as the director of corporation finance at the SEC at the time, made a game-changing announcement for the crypto world during a speech at the Yahoo Markets Summit: Ether is not considered a security. It also noted that the release of the documents would constitute an “unwarranted invasion of personal privacy.”
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