Bookmarking Crypto Insights
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The U.S. Securities and Exchange Commission (SEC) has charged a citizen of Latvia with defrauding investors in two crypto offerings. The fraudster “used fake names, fictitious entities, and fraudulent profiles to perpetrate his schemes, and misappropriated nearly all of the investor funds that were raised.” Two Fraudulent Crypto Schemes The SEC announced Thursday that it … Read more
“Chairman Gensler’s failure to provide clear rules of the road for cryptocurrencies underscores the need for Congress to act,” said Senator Pat Toomey. Go to Source Powered by WPeMatico
The Cboe BZX Exchange used the examples set by CME’s crypto futures products in its argument for approval, but the SEC rejected them. Go to Source Powered by WPeMatico
Fidelity Investments has launched a Bitcoin exchange-traded fund that will allow investors to buy and sell real Bitcoins rather than derivatives. Go to Source Powered by WPeMatico
Following Kelly Strategic Management’s filing for an Ether futures ETF, analysts questioned whether SEC chairman Gary Gensler is “mentally ready” to approve anything other than a BTC futures product. Go to Source Powered by WPeMatico
Invesco’s spot Bitcoin ETN joins 25 other similar products on Deutsche Boerse’s digital exchange, Xetra. Go to Source Powered by WPeMatico
The World Economic Forum (WEF) has released its latest report on “digital currency governance” this month, addressing stablecoins, cryptocurrencies, and “barriers to financial inclusion.” Like most central banks, regulators, think tanks, and politicians, the WEF publication gives lip service to the power of crypto, but never addresses the elephant in the room: instead of actual … Read more
Karl Sebastian Greenwood, one of the masterminds behind the Onecoin pyramid scheme, recently used a contraband mobile phone to move at least $20 million while holed up in a prison in the United States, an attorney for one of the scheme’s victims has said. Onecoin Mastermind Taking Advantage of Regulators’ Failures The lawyer representing victims … Read more
The SEC is opening discussion on crypto and blockchain technology with regard to American investors. Go to Source Powered by WPeMatico
“The judge realizes this is not just about Ripple, this will have broader implications,” Ripple CEO Garlinghouse said. Go to Source Powered by WPeMatico