Rumors began to circulate in the crypto market on Sunday, suggesting that Gary Gensler, the Chair of the US Securities and Exchange Commission (SEC), might be considering resigning. An anonymous official, as reported, claimed that the SEC Chair was about to step down from his role in response to an internal
In a surprising twist of events, the Securities and Exchange Commission (SEC) has stepped up its game against major crypto exchanges in the U.S. After years of encouraging registration, the regulatory body is now throwing down the gauntlet. However, this is targeting the key players offering unregistered crypto trading to
In a bold warning, former Securities and Exchange Commission (SEC) chief, John Reed Stark, issued an urgent call to “get out of crypto platforms now.” In addition, he highlighted recent lawsuits against Binance Holdings Ltd. and Coinbase, citing these as critical reasons for his concern. Stark Backs SEC’s Crypto Pursuit
Brian Armstrong, CEO of Coinbase, is proposing a radical vision for the future of cryptocurrency regulation. His dream regulatory structure pivots around enhanced market clarity, stricter protections, and an inclusive framework for emerging crypto elements like stablecoins. Full WSJ interview on YouTubehttps://t.co/yIF3dGI7oN — Brian Armstrong 🛡️ (@brian_armstrong) June 10, 2023
Banks grapple with integrating these digital assets into their financial systems as cryptocurrencies continue to captivate consumers, investors, and financial institutions with their decentralized nature and the promise of greater economic freedom. While the allure of lower-cost transaction processing and increased efficiency is undeniable, compliance and regulation concerns have surfaced,
In a resounding display of unity, the Group of Seven (G-7) intergovernmental political forum has voiced its unwavering dedication to embracing the upcoming regulations for overseeing crypto assets set forth by the Financial Stability Board (FSB). Additionally, the G-7 has reaffirmed its support for the International Monetary Fund’s (IMF) guidelines
This Wednesday, a European crypto investment company named Greenfield launched a report on the State of European Crypto. This report is the first edition based on crypto regulation of 2023 which would probably enhance the European ecosystem. By understanding the analysis with the learnings, Greenfield launched the report with respect
The regulatory uncertainty is already having an impact on the cryptocurrency market. As evidenced by the widely publicized new lawsuit between Coinbase and the United States Securities and Exchange Commission (SEC), is now gaining steam in the community. Following the exchange’s stance against the SEC, Coinbase CEO Brian Armstrong starts
Voyager, a broker in the exciting world of cryptocurrency, has taken to Twitter to share some shocking news with its followers. Furthermore, the company has received a letter from Binance U.S., informing them that the asset purchase agreement between the two parties has been terminated. 1/ Today we received a
According to a British lawmaker, the UK could implement regulations governing digital assets within the next 12 months. The economic secretary to the U.K. Treasury, Andrew Griffith, stated in an interview with CNBC on April 17 that the long-term goal is to “let firms make the most of the opportunities
