SEC – Page 84 – DIGIT INFO

Top US Regulators Urge Congress to Pass Legislation on Crypto Assets

The U.S. Financial Stability Oversight Council (FSOC), a group of the country’s top financial regulators, has urged Congress to pass legislation for the regulation of crypto assets. Treasury Secretary Janet Yellen said: “Crypto-asset activities could pose risks to U.S. financial stability if their interconnections with the traditional financial system or their overall scale were to […]

Go to Source

SEC Fines Kim Kardashian for Promoting a Crypto Security, Bitcoin Price Surpasses $20K and Ethereum Rises Past $1,350

Bitcoin and Ethereum are showing bullish momentum today after managing to hold support through the weekend. BTC is trading above the $20k level, and Ethereum managed to surpass $1,350. The global cryptocurrency market cap is at $961 billion, inching closer to $1 trillion. The short-term sentiment remains bearish, but there’s hope for a potential bull run later in the week as long as BTC holds above $20k. Key Points: SEC fines Kim Kardashian for failing to disclose the amount she was paid to promote a crypto security. It’s a good idea for any individuals or companies promoting cryptocurrencies to add

The post SEC Fines Kim Kardashian for Promoting a Crypto Security, Bitcoin Price Surpasses $20K and Ethereum Rises Past $1,350 appeared first on The Merkle News.

Go to Source

Grayscale Bitcoin Trust terminates material agreements with Genesis

Genesis will no longer be involved in GBTC’s main operations, but will still act as a liquidity provider.

Go to Source

Law Decoded, Sept. 26–Oct. 3: New episode of Do Kwon saga

Terra’s co-founder continues his adventures, writing code in his living room, posting on Twitter and hiding from Interpol all at once.

Go to Source

How Crypto Twitter reacted to Kim Kardashian’s $1.26M SEC fine

Some pointed out the regulator’s supposed hypocrisy, others told crypto-influencers to lawyer up, whilst a few poked fun at the reality TV star.

Go to Source

The SEC is bullying Kim Kardashian, and it could chill the influencer economy

The feds should have tried to work with Kardashian to establish more transparent norms for influencers rather than slapping her with a $1.26 million fine for promoting EthereumMax.

Go to Source

US Treasury recommends lawmakers decide which regulators will oversee crypto spot market

“The report recommends the passage of legislation in providing a rulemaking authority for federal financial regulators over this market,” said economist Jonathan Rose.

Go to Source

NYDIG raises $720M as Bitcoin balance hits all-time high

An SEC filing reveals NYDIG’s intent to raise $720 million while a recent press release shows the company’s commitment to HODLing.

Go to Source

XRP price could rally by 50% based off comments from a former SEC director

XRP investors are hopeful that a potential court victory against the SEC could send the altcoin price at least 50% higher.

Go to Source

SEC Charges Socialite Kim Kardashian for Unlawfully Touting Ethereummax

On Monday, the U.S. Securities and Exchange Commission (SEC) filed charges against the celebrity and socialite Kim Kardashian for unlawfully promoting the crypto asset Ethereummax. The U.S. regulator detailed that Kardashian agreed to settle the charges and pay $1.26 million in penalties, and plans to cooperate with the SEC’s ongoing investigation. Kardashian Charged by SEC, […]

Go to Source