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The pro-bitcoin U.S. Senator Cynthia Lummis has reportedly unveiled her plan to introduce a comprehensive crypto bill that will cover everything from how cryptocurrencies are taxed and categorized to consumer protections. The bill will also propose creating a new entity to oversee the digital asset market. Comprehensive Crypto Bill Coming up in US, Says Senator […]Powered by WPeMatico
This week in crypto regulation was marked by officials expressing contradictory views on how to approach digital assets.
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At his October confirmation hearing, Rostin Behnam said it was “critically important to have a primary cop on the beat” of an emerging market that included cryptocurrencies and stablecoins.
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A commissioner with the Commodity Futures Trading Commission (CFTC), Dawn Stump, has voiced concerns about cryptocurrency regulation through enforcement — the approach taken by both the CFTC and the U.S. Securities and Exchange Commission (SEC). CFTC Commissioner Stump on Crypto Regulation CFTC Commissioner Dawn Stump has raised concerns regarding the approach her agency and the […]Powered by WPeMatico
Robinhood’s chief legal officer is not enamored with a recent Coinbase proposal for a separate regulatory body for the crypto space.
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Following the Securities and Exchange Commission’s rejection of Vaneck’s bitcoin spot market exchange-traded fund (ETF) on Friday, a number of cryptocurrency advocates discussed the subject this weekend. For instance, the veteran FX trader Peter Brandt told his 581,700 Twitter followers that bitcoin maximalists “should oppose” a spot market bitcoin ETF. Bitcoiner Preston Pysh said bitcoin […]Powered by WPeMatico
Ether bulls have been calling for $5,000 ETH for years, and now derivatives data suggests that the price is finally realistic.
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After a slight hiccup in BTC futures premium, traders seem comfortable despite the $58,000 support retest and the risk of $60,000 turning to resistance.
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Bitcoin bulls could be in for a $715 million profit if BTC price is above $60,000 ahead of Friday’s $3.2 billion options expiry.
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Rostin Behnam said it was “critically important to have a primary cop on on the beat” of an emerging market that included cryptocurrencies and stablecoins.
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