Gary Gensler: The SEC Has No Plans to Follow China and Ban Bitcoin
Speaking at the House Financial Services Committee hearing on Oct. 5, the SEC chief stated that the agency has no plans to follow China’s lead and impose an outright ban…
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Citadel Would Provide Crypto Services if There Is Regulatory Clarity, Says Founder
Ken Griffin – Founder and Chief Executive Officer at the multinational hedge fund Citadel LLC – stated that his organization will start offering cryptocurrency trading services only if there is…
JPMorgan CEO: Bitcoin Is Going to Be Regulated, ‘Whether You Like It or Not’
Jamie Dimon reiterated his negative stance on bitcoin, saying it serves as the “fool’s gold of the future.” He also opined that the entire cryptocurrency industry will inevitably be put…
Tongan Member of Parliament Wants to Make Bitcoin Legal Tender
Lord Fusitu – a Tongan barrister, landowner, and MP – is a fervent supporter of making Bitcoin a true currency inside the nation’s borders. He plans on tabling a bill…
Stablecoins Must Be Backed By Cash, Says Pro Crypto Senator Cynthia Lummis
Cynthia Lummis – Republican Senator and ardent crypto supporter – is showing caution around stablecoins. She recently said that they need to be cash-backed and regularly audited. Ensuring Proper Stablecoin…
Crypto Exchange Bitbay Passes Audit Under Estonia’s Tougher New Regulations
Bitbay has become a fully licensed cryptocurrency exchange in Estonia which introduced stricter rules for the industry last year. The European trading platform has recently passed an independent audit that…
The US Should do The Opposite of China on Crypto: a16z Partner
Speaking at CNBC’s Delivering Alpha conference on Sept. 29, a16z partner Katie Haun said the U.S. should look towards China for what not to do. She was referring to Beijing’s…
Binance Adds Former IRS-CI Expert to Head Global Intelligence and Investigations
The world’s largest cryptocurrency exchange, Binance, continues to employ high-profile investigators as part of efforts to boost the company’s compliance measures. New Audit and Investigations Lead for Binance In an…
Elon Musk Urged The US Government to Do Nothing with Crypto Regulations
Tesla’s CEO – Elon Musk – believes authorities are unable to “destroy” the digital asset industry. He advised the American government to let crypto “fly” instead of implementing legislation on…
Switzerland’s FINMA Approves its First Cryptocurrency Investment Fund
The Swiss Financial Market Supervisory Authority (FINMA) has greenlighted the Crypto Market Index Fund to be the first cryptocurrency-oriented investment vehicle operating within the country with the proper licensing. According…
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