The group’s policy head doubted a divided Congress can create crypto legislation but said it doesn’t give regulators absolute authority in the interim.
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The group’s policy head doubted a divided Congress can create crypto legislation but said it doesn’t give regulators absolute authority in the interim.
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The shutdown of Nexo’s earn product follows from a multi-million dollar settlement the firm paid last month with U.S. regulators.
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SEC’s recent charges against crypto exchange Kraken over its staking program have sent tremors through the crypto industry.
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“Today, the SEC shut down Kraken’s staking program and counted it as a win for investors. I disagree and therefore dissent,” said commissioner Hester Pierce.
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Ripple CEO Brad Garlinghouse said the firm’s XRP lawsuit could come to an end within “single-digit months.”
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