SEC Chair Gensler Cautions About Crypto Investing — Warns ‘Thousands’ of Crypto Tokens May Be Securities

SEC Chair Gensler Cautions About Crypto Investing — Warns 'Thousands' of Crypto Tokens May Be SecuritiesU.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has cautioned about crypto investing. “This is a highly speculative asset class. One could just look at the volatility of bitcoin in the last few days,” he stressed, warning that thousands of crypto tokens may be securities. Gary Gensler’s Crypto Investment Warning The chairman of the […]

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Bitcoin Has Become World’s ‘Most Popular Investment Asset,’ Says Microstrategy Chairman

Bitcoin Has Become World's 'Most Popular Investment Asset,' Says Microstrategy ChairmanMicrostrategy’s executive chairman, Michael Saylor, has explained why bitcoin has become “the world’s most popular investment asset.” He noted that following the rebalancing after the launch of spot bitcoin exchange-traded funds (ETFs), the crypto has “found its footing and now people are beginning to realize that there’s 10 times as much demand for bitcoin coming […]

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New South African Code Says Crypto Asset Ads Must Include Capital Loss Warning

Crypto asset service providers in South Africa seeking to attract investors via advertisements must “expressly and clearly state that investing in crypto assets may result in the loss of capital.” Influencers working on behalf of crypto asset service providers must “not offer advice on trading or investing in crypto assets and may not promise benefits […]

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‘I’ve done nothing wrong’ — Lark Davis denies ‘pump-and-dump’ allegations

Davis claimed he received nothing for free from the projects it’s alleged he profited from, and the amounts he sold weren’t enough to “dump the price.”

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Sequoia Capital Designates $500-600 Million to Crypto Fund Focused on Liquid Digital Assets

Sequoia Capital Designates $500-600 Million to Crypto Fund Focused on Liquid Digital AssetsOn February 17, the venture capital firm Sequoia Capital announced the launch of a new $500 million to $600 million sub-fund dedicated to “liquid tokens and digital assets.” The company noted during its announcement that the new fund highlights Sequoia’s strategic “commitment to crypto.” Venture Firm Sequoia Capital to Launch a Fund Focused on Liquid […]

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