Congress greeted crypto executives with curiosity and encouragement
Six crypto executives from leading organizations in the space went to Washington to testify on the rapidly growing industry. The executives were Circle CEO Jeremy Allaire, FTX CEO Sam Bankman-Fried, Bitfury CEO Brian Brooks, Paxos CEO Chad Cascarilla, Stellar Development Foundation CEO Denelle Dixon, and Alesia Haas, the CFO of Coinbase Global. While a part […]
SEC stops American CryptoFed from registering its two tokens
The US Securities Exchange Commission (SEC) has blocked the registration of two digital tokens by Wyoming-based American CryptoFed. A report disclosed this news on November 10, noting the regulator claims the company published insufficient and misleading information on their registration form. According to the report, the SEC’s response comes after the company submitted the registration […]
US Regulators Scrutinizing the Cryptocurrency Space
The mainstream media has experienced massive crypto coverage that indicates regulators’ worries about the crypto market in the past few days. Their concerns revolve around the lack of protection over investors’ money. And this runs up to 2 trillion U.S. dollars while being associated with financial risks. With this, we saw how federal agencies are […]
US topples China to become the leading destination for BTC miners
The US has become the leading contributor of Bitcoin’s (BTC) global hashrate, surpassing China for the first time. A report disclosed this news on October 13, citing new data from the Cambridge Centre for Alternative Finance, which scouted BTC electricity consumption across the globe. The university released its findings through the Cambridge Bitcoin Electricity Consumption […]
Canadian securities authority publishes regulations for crypto exchanges
The Canadian Securities Administration (CSA), the countries equivalent of the US Securities Exchange Commission (SEC), has published a guideline for crypto exchanges. The authority released the document in conjunction with the Investment Industry Regulatory Organization of Canada (IIROC) on September 23. The rules revolve around the requirements that crypto-trading platforms need to meet regarding advertising, […]
Have a Conversation with Us: SEC Chairman Becoming the Messiah of Crypto Regulations
Gary Gensler, chairman of SEC, constantly seeks the corporation of crypto firms to initiate crypto regulations that will provide a fair market environment for investors to thrive. He argues that with efficient collaboration, the crypto space will become a haven for investors. Why Gary Gensler Beckons on Crypto Firms for Crypto Regulation The U.S. Securities […]
US Senators call upon SEC Chair to offer crypto regulation guidance
Gary Gensler, the Chairman of the US Securities Exchange Commission (SEC), yesterday informed that the regulator is working tirelessly to create crypto rules. Speaking to the Senate Banking Committee, Gensler said the SEC is trying to create a set of regulations that supervise the volatile crypto market while considering the interests of American innovators. According […]
