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Michael Bacina, an Australian digital assets lawyer told Cointelegraph that the investigation could see a far-reaching impact on crypto exchanges and the token projects involved. Go to Source Powered by WPeMatico
A similar decision was also made on Wednesday regarding Bitwise’s Bitcoin exchange-traded product (ETP) citing the same reasons. Go to Source Powered by WPeMatico
A provision in the bill gives authority over some cryptocurrencies to the Commodity Futures Trading Commission (CFTC), with the agency head saying it cares about having “rigorous oversight of markets.” Go to Source Powered by WPeMatico
“Like a hammer wanting everything to be a nail, the SEC is keeping everything murky so it can argue every crypto is a security,” claims Ripple general counsel Stu Alderoty. Go to Source Powered by WPeMatico
The SEC’s “crypto mom” Hester Peirce has said the regulatory “movement” around stablecoins needs to allow for “trial and error” and room for failure. Go to Source Powered by WPeMatico
The bounce-back move has occurred near a technical support confluence, raising XRP’s possibility to rise 30% in Q2/2022. Go to Source Powered by WPeMatico
The long-timeframe chart is painting a death cross pattern, however, suggesting a selloff ahead. Go to Source Powered by WPeMatico
The U.S. Securities and Exchange Commission (SEC) is focusing on bringing cryptocurrency exchanges “inside the investor protection remit,” Chairman Gary Gensler has revealed. “If the trading platforms don’t come into the regulated space, it’d be another year of the public being vulnerable,” he stressed. SEC Focusing on Regulating Crypto Exchanges The chairman of the U.S. … Read more
Institutional investors are optimistic about the U.S. Securities and Exchange Commission (SEC) having more power to regulate the crypto market, a recent survey shows. They believe that if the SEC is granted extra powers, the prices of cryptocurrencies will be positively impacted. What Institutional Investors Think About Crypto Nickel Digital Asset Management, a regulated European … Read more
In the ongoing SEC vs. Ripple lawsuit, the judge sides with the latter over its request for “fair use” access to internal documents from the U.S. regulator. Go to Source Powered by WPeMatico
