US Lawmakers Urge SEC and CFTC to Create Joint Working Group on Crypto Regulation

US Lawmakers Ask SEC and CFTC to Set Up Joint Working Group on Crypto RegulationTwo U.S. lawmakers have urged the chairman of the Securities and Exchange Commission (SEC) and the acting chairman of the Commodity Futures Trading Commission (CFTC) to establish a joint working group for the regulation of crypto assets. SEC and CFTC Urged to Collaborate on Crypto Regulation U.S. Representatives Patrick McHenry and Glenn “GT” Thompson sent […]

Go to Source

Powered by WPeMatico

Satoshi Versus the ‘Infrastructure Bill’ — Political Permission Not Required

When Satoshi Nakamoto released the Bitcoin white paper in October 2008, it likely wasn’t with the idea that governments and central banks needed to recognize, adopt, and regulate Bitcoin for everyone’s benefit. To the contrary, if anything can be taken away from that document and the message encoded in the genesis block, it’s that centralized […]

Go to Source

Powered by WPeMatico

SEC Asking for Jurisdiction Over All Crypto Exchanges Is ‘a Blatant Power Grab,’ Says Lawmaker

SEC Asking for Jurisdiction Over All Crypto Exchanges Is 'a Blatant Power Grab,' Says LawmakerU.S. Congressman Patrick McHenry has slammed the U.S. Securities and Exchange Commission (SEC) for asking for jurisdiction over all crypto exchanges, including non-securities ones. He called it “a blatant power grab that will hurt American innovation,” adding, “We don’t need another backroom deal between Gensler and Elizabeth Warren.” Lawmaker Slams SEC for Blatant Power Grab […]

Go to Source

Powered by WPeMatico

Vaneck Files for Bitcoin Futures ETF Following SEC Chair’s BTC Futures Regulation Statements

Vaneck Files for Bitcoin Futures ETF Following SEC Chair’s BTC Futures Regulation StatementsFollowing a number of statements this week from the U.S. Securities and Exchange Commission’s (SEC) Gary Gensler, wealth management firm Vaneck has filed for a bitcoin futures exchange-traded fund (ETF). Vaneck Files for a Bitcoin Futures-Focused Fund Called the Bitcoin Strategy ETF On August 10, the wealth manager Vaneck filed an application with the SEC […]

Go to Source

Powered by WPeMatico

SEC Chair Tells Senator Legislative Priority Should Center on Crypto Trading, Lending, Defi Platforms

SEC Chair Tells Senator Legislative Priority Should Center on Crypto Trading, Lending, Defi PlatformsThe chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has written a letter to Senator Elizabeth Warren about crypto regulation. After outlining his concerns and priorities in the crypto sector, he said, “additional authorities” and “more resources to protect investors in this growing and volatile sector” are needed. SEC Chair Gensler Replies […]

Go to Source

Powered by WPeMatico

SEC Chair Gensler Outlines Plans for Crypto Trading, Exchanges, Investor Protection, Bitcoin ETFs

SEC Chair Gensler Outlines Plans for Crypto Trading, Exchanges, Investor Protection, Bitcoin ETFsThe chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has outlined how the SEC plans to regulate the crypto industry. Focusing on investor protection, Gensler discussed concerns the SEC has about crypto trading, exchanges, lending, defi platforms, and exchange-traded funds (ETFs). Gary Gensler Outlines SEC’s Crypto Priorities SEC Chairman Gary Gensler outlined […]

Go to Source

Powered by WPeMatico