Thailand to introduce in-person KYC for crypto exchanges
Thailand’s government aims to curb new crypto account creation with stringent KYC requirements. Go to Source Powered by WPeMatico
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The new digital, decentralized economy needs academic validation
Black sheep and white papers: In order to achieve what it promises, the crypto revolution must be led by scientists and researchers. Go to Source Powered by WPeMatico
SEC enforcement chief steps down just days after appointment
The official’s conduct in past litigation was brought into question by a U.S. District court judge. Go to Source Powered by WPeMatico
SEC pushes decision on VanEck Bitcoin ETF until June
The commission said it was “appropriate to designate a longer period” for the proposed Bitcoin ETF. Go to Source Powered by WPeMatico
Ripple’s Chris Larsen Believes Bitcoin Dominance Could Fall Over Proof-of-Work’s Energy Consumption
Ripple Labs cofounder Chris Larsen has a bone to pick with bitcoin and crypto networks that leverage proof-of-work (PoW). Larsen’s latest write-up explains that the crypto industry needs to reconsider PoW because of the effects on the environment. The Ripple executive believes that other types of consensus algorithms have been effective at being secure while … Read more
SEC Commissioner on Banning Bitcoin: ‘It’s Very Difficult to Ban Peer-to-Peer Technology’
SEC Commissioner Hester Peirce believes that the U.S. government cannot ban bitcoin, stating that “it’s very difficult to ban something that’s essentially a peer-to-peer technology.” The commissioner is hopeful that with the new chairman who has deep knowledge of bitcoin and cryptocurrencies, the SEC can take a fresh look at some of the reasons used … Read more
Ethereum ETFs are here, building case for US approval of BTC and ETH funds
While Bitcoin may evolve to become gold 2.0, Ether-based funds could offer investors exposure to a new utility technology. Go to Source Powered by WPeMatico
SEC Accuses Ripple of Harassment, Asks Judge to Block Access to Some Discovery Records
The U.S. Securities and Exchange Commission (SEC) has asked the judge in the SEC v. Ripple case to block Ripple and its executives from accessing various internal records it claims are unrelated to determining whether XRP is a security. The SEC says that the “defendants do not actually seek relevant evidence, but rather seek to … Read more
US House Passes Bill Mandating SEC and CFTC to Establish Working Group Focused on Digital Assets
The U.S. House of Representatives has passed a crypto-related bill introduced by pro-bitcoin Congressman Patrick McHenry. It requires the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) to establish a working group focused on digital assets. Bill to ‘Ensure Collaboration Between Regulators and Private Sector’ on Cryptocurrency The U.S. House of … Read more
Biden Administration Developing Cryptocurrency Regulation — Treasury to Provide Direction to SEC
The Biden administration is reportedly developing a regulatory framework for the cryptocurrency markets. The new chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, is waiting for direction from the Treasury to establish cryptocurrency regulation. New Crypto Regulation Being Developed by Biden Administration Fox Business’ Charlie Gasparino reported Monday that the Biden administration … Read more