Bookmarking Crypto Insights
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Recently, Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), expressed his opinion in a detailed interview with New York Magazine’s Intelligencer regarding why he believes crypto assets other than bitcoin are securities. However, Stuart Alderoty, Ripple’s chief legal officer, argues that Gensler must “recuse himself from voting on any enforcement case … Read more
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. Go to Source Powered by WPeMatico
“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. Go to Source Powered by WPeMatico
Commodity Futures Trading Commission Kristin Johnson wants to protect customers in a way that reduces the risk of future crises. Go to Source Powered by WPeMatico
The commissioner warnes that vulnerabilities seen within the crypto markets are similar to those seen during the global financial crisis and calls for the agency to be given additional authority. Go to Source Powered by WPeMatico
The FTX founder said a knowledge test for derivative retail customers “could make sense” but it doesn’t need to be specific to crypto. Go to Source Powered by WPeMatico
The commissioner said the potential of blockchain and cryptocurrency to change existing markets necessitates a new retail investor protection office similar to that of the SEC. Go to Source Powered by WPeMatico
The Election Commission of India is collaborating with the Indian Institute of Technology to develop a blockchain system for voting, the Chief Election Commissioner has reportedly revealed. The new system aims to allow Indians to vote even when they are away from their hometowns. Furthermore, the commissioner has proposed to link voter IDs with Aadhaar. … Read more
U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce has formally proposed a grace period of three years for tokens. Project developers would be exempt from the federal securities laws during that time, provided that they meet certain conditions. After that, they must determine whether their token transactions involve the offer or sale of a … Read more
The U.S. Securities and Exchange Commission (SEC) has approved an investment fund that will invest in bitcoin futures contracts. SEC Commissioner Hester Peirce calls this move “a bit of progress.” The SEC has also revealed why it decided to approve such a fund. Also read: Swiss Licensed Crypto Bank Expanding Into 9 Markets Bitcoin Futures … Read more
