Fair crypto laws ‘possible’ in the US but needs ‘a lot of work’ — Crypto Council advisor
Crypto Council for Innovation advisor Sean Lee said more education is needed for policymakers and financial regulators. Go to Source Powered by WPeMatico
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Beaxy exchange shutters after SEC presses multiple charges against founder, execs
The regulator is throwing the book at Beaxy and people associated with it on charges of unregistered securities offering and failing to register in a number of capacities. Go to Source Powered by WPeMatico
XRP price tags 10-month high — Can a 35% pullback be avoided?
A U.S. regulator called Bitcoin, Ether, and Litecoin commodities in its court filing against Binance. It did not mention XRP anywhere. Go to Source Powered by WPeMatico
Freeport clears SEC Reg A review for tokenized art offerings
It appears that the SEC has exempted NFT art tokenization from registration as security offerings. Go to Source Powered by WPeMatico
SEC chief Gary Gensler to face Congress grilling over crypto policy
The chair of the Financial Services Committee said its primary focus would be setting the groundwork for crypto regulations in the United States. Go to Source Powered by WPeMatico
Former FTX CEO Sam Bankman-Fried Faces New Bribery Charges for Alleged Crypto Payment to Chinese Officials
Sam Bankman-Fried (SBF), the former CEO of FTX, now faces a 13-count indictment as U.S. officials have added new charges. One of the new charges alleges that SBF leveraged $40 million to influence “one or more Chinese government officials.” Details of the Bribery Charges Against Sam Bankman-Fried Sam Bankman-Fried (SBF), the co-founder and former CEO … Read more
Here’s why CFTC suing Binance is a bigger deal than an SEC enforcement
Market observers pointed out that CFTC goes after the bigger fish, and its regulatory action often proves fatal for the crypto companies. Go to Source Powered by WPeMatico
Ethereum Co-Founder Says Crypto Ecosystem Has Never Been Better or Stronger
Ethereum co-founder Joseph Lubin says the strength of the crypto ecosystem “has never been better or stronger.” He believes “more clarity” from regulators would be helpful for the crypto industry. “I think our industry has suffered from having two major factions lumped into one: the money-crypto faction … and the tech-crypto faction,” he explained. Ethereum’s … Read more
CFTC calls ETH a commodity in Binance suit, highlighting the complexity of classification
The suit claims Binance used Ether as a commodity in its financial products, experts explained, which says little about the basic nature of the coin. Go to Source Powered by WPeMatico
Michael Saylor’s MicroStrategy repays Silvergate loan and buys 6.5K BTC
MicroStrategy has increased its total Bitcoins holdings to 138,955 BTC, purchased for $4.1 billion at an average of $29,817 per coin. Go to Source Powered by WPeMatico
