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A U.S. lawmaker has announced that he is introducing legislation to remove the Securities and Exchange Commission (SEC) chairman in order to “correct a long series of abuses.” The SEC, under Chair Gary Gensler, has been heavily criticized for its enforcement-centric approach to regulating the crypto industry. Lawmaker Seeks to Remove SEC’s Chairman U.S. Congressman … Read more
Five experts will testify at a hearing titled “Understanding Stablecoins’ Role in Payments and the Need for Legislation,” with two of them releasing their scripts in advance. Go to Source Powered by WPeMatico
According to the recent complaint by the U.S. Securities and Exchange Commission (SEC) against Bittrex, the securities regulator insists that a few crypto asset tokens were offered and sold as investment contracts and are securities. The news follows the SEC’s designation of several crypto assets as securities, including the case against Terraform Labs, which insists … Read more
Despite BTC’s recent recovery, Bitcoin’s margin and futures markets highlight a neutral-to-bearish sentiment as traders remain wary of regulatory risks. Go to Source Powered by WPeMatico
At a London fintech conference, CEO Brian Armstrong disclosed that Coinbase might consider leaving the U.S. due to the lack of regulatory clarity in the country. Go to Source Powered by WPeMatico
A week before a hearing in Congress, the United States gets stablecoin regulatory framework. Go to Source Powered by WPeMatico
The U.S. Securities and Exchange Commission has filed a complaint against the Seattle-based exchange as Bittrex prepares to stop offering services in the United States. Go to Source Powered by WPeMatico
After the report revealing that the cryptocurrency exchange Bittrex had received a Wells Notice from the U.S. Securities and Exchange Commission (SEC), the securities regulator charged Bittrex and the company’s CEO on April 17 for “operating an unregistered exchange, broker, and clearing agency.” Following the Wells Notice, SEC Charges Bittrex for Violating Federal Laws On … Read more
The market capitalization of Tether is nearly a billion dollar away from reaching a new lifetime peak while rival stablecoins struggle. Go to Source Powered by WPeMatico
According to a recent report, the cryptocurrency exchange Bittrex received a Wells notice from the U.S. Securities and Exchange Commission (SEC) in March, signaling a potential lawsuit. The SEC’s enforcement division sent the Wells notice prior to Bittrex deciding to wind down its operations in the United States. ‘Lack of Regulatory Clarity’ in the U.S. … Read more
