NEXO risks 50% drop due to regulatory pressure and investor concerns
Analysts fear NEXO price could come under pressure if regulatory action in the United States begins to intensify.
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Analysts fear NEXO price could come under pressure if regulatory action in the United States begins to intensify.
A spokesperson for the company behind Terra said it believes prosecutors heeled to public pressure and expanded the definition of a security after its associated cryptocurrencies collapsed.
The U.S. government has taken a series of escalating actions over the last year to regulate the crypto industry, but as comprehensive legislation is still a long way off, regulators...
Federal Reserve Chairman Jerome Powell says decentralized finance (defi) has “very significant structural issues,” emphasizing a “real need” for more appropriate regulation of the defi ecosystem. Fed Chair Jerome Powell…
Jerome Powell, Christine Lagarde, Ravi Menon, and Agustn Carstens shared their thoughts on several topics, including DeFi regulation, stablecoins, and central bank digital currencies. Fed Chair Talks Stablecoins The Federal...
Several crypto projects could face enforcement action under recently proposed regulatory guidelines. U.S. Moves Toward Crypto Regulation The U.S. government is getting to grips with digital asset regulation. In recent...
The new Conservative Party of Canada leader has previously advocated for financial freedom through crypto tokens, smart contracts and decentralized finance.
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, revealed that he has asked staff at the SEC to fine-tune compliance for crypto tokens and intermediaries. He…
The International Monetary Fund (IMF) published a report stating that crypto assets have gained a “more mainstream presence as speculative investments, hedges against weak currencies, and potential payment instruments.” The…
Billionaire David Rubenstein, Carlyle Group’s founder, believes that U.S. lawmakers will not push to regulate the crypto industry unduly. Noting that he is bullish on crypto, the billionaire investor said:…