Digital Chamber calls for Congress to address SEC actions against NFTs
The CEO of OpenSea reported receiving a Wells notice from the SEC in August, suggesting that the commission could be taking a new regulatory approach to NFTs. Go to Source
Regulation
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6% want to hear Harris and Trump talk about crypto at debate — Poll
The first and possibly only US presidential debate in 2024 will have the two candidates meeting in person for the first time. Go to Source
Caroline Ellison asks to seal supporters’ info at Sept. 24 sentencing
A filing in federal court suggested that the former Alameda Research CEO had a sentencing hearing scheduled for Sept. 24 — the first in the FTX case since Ryan Salame’s in May. Go to Source
Congressional elections critical for crypto’s future in the US
The industry has amassed a historically large war chest, but little of it will be spent on the presidential clash between Trump and Harris. Go to Source
Crypto becomes US election issue for the first time — Survey
Up to 73% of US respondents who currently own cryptocurrency believe that a candidate’s position on crypto will influence their vote in the presidential election. Go to Source
Nigerian Regulator Threatens Crackdown on Unlicensed Crypto Entities
The Nigerian Securities and Exchange Commission (SEC) has vowed to crack down on unlicensed cryptocurrency businesses targeting Nigerians. This comes just two weeks after approving two crypto exchanges and promising to consider similar applications. The SEC aims to protect investors without hindering innovation. To achieve this balance, Emomotimi Agama believes Nigeria needs a clear regulatory … Read more
Kraken Adjusts Margin Product to Comply With Australian Crypto Law, Calls for Clearer Regulation
The Australian Federal Court ruled that Kraken’s fiat margin extensions are subject to regulatory obligations, but crypto margin extensions are not. Kraken acknowledged the decision but stressed the need for clearer crypto regulations in Australia. Following the ruling, Kraken adjusted its margin product to restrict fiat margin trading for non-wholesale investors, while crypto margin extensions … Read more
SEC Warns of Bitcoin and Ether ETF Risks — Labels BTC, ETH Highly Speculative Investments
The U.S. Securities and Exchange Commission (SEC) has issued a bulletin warning about the risks of bitcoin and ether exchange-traded funds (ETFs), highlighting their speculative nature. The regulator urged investors to consider potential issues like price volatility, fraud, and lack of regulatory oversight. SEC Warns Investors About Risks in Bitcoin and Ether ETPs The U.S. … Read more
Binance-Backed Tokocrypto Achieves Major Milestone With Indonesian License
Crypto exchange Tokocrypto, a part of Binance Group, has achieved a major milestone by securing the Physical Crypto Asset Trader (PFAK) license from Indonesia’s Commodity Futures Trading Regulatory Agency (Bappebti), allowing it to operate as a licensed crypto asset trader. This move highlights Tokocrypto’s commitment to regulatory compliance and strengthens its position in Indonesia’s growing … Read more
Kamala Harris releases policy platform details — No mention of crypto
The Harris-Walz platform, “A New Way Forward,” included plans for tax cuts for working and middle-class Americans and encouragement of innovative industries. Go to Source