Hester Peirce: US crypto laws can’t assume ‘everything is a financial asset’
SEC commissioner Hester Peirce discussed a possible U.S. crypto legal framework, giving a reminder that not all uses are financial. Go to Source Powered by WPeMatico
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Australia’s crypto laws risk being outpaced by emerging markets: Think tank
Bermuda and Nigeria are moving faster on crypto than Australia and the land Down Under will soon “need to be up to speed,” says Loretta Joseph. Go to Source Powered by WPeMatico
‘Who the hell’ is Prometheum and what did it say to Congress about SEC compliance?
A testimony given at a U.S. House hearing by the blockchain firm’s co-founder Aaron Kaplan has drawn the attention of those in the crypto space. Go to Source Powered by WPeMatico
SEC’s Gensler says BTC, ETH ‘not securities’ in a newly surfaced video
The 2018-era Gensler appeared much more lenient towards certain cryptocurrencies, including Ether. Go to Source Powered by WPeMatico
South Korea’s lead party wants crypto disclosure laws to apply earlier: Report
The proposed bill would require top government officials and lawmakers to declare all personal crypto holdings over $760. Go to Source Powered by WPeMatico
SEC revises $22M punishment against LBRY, seeks $111K instead
The SEC originally wanted LBRY to pay millions of dollars in penalties, but now concedes the defunct firm can’t pay up that amount. Go to Source Powered by WPeMatico
Hong Kong to step in as ‘options are dwindling’ globally — FinTech chair
Neil Tan, Chair of the FinTech Association of Hong Kong, said the opening of the financial industry to digital assets was “just a natural progression.” Go to Source Powered by WPeMatico
Stablecoins and Ether are ‘going to be commodities,’ reaffirms CFTC chair
In the tug-of-war between the US regulators over control of crypto assets, the CFTC chair has triple-downed his stance — that Ether and stablecoins are commodities. Go to Source Powered by WPeMatico
‘Home’ regulator could solve crypto’s ‘fragmented supervision’ issue: Comptroller
During a speech at a banking conference in DC, acting comptroller Michael Hsu said FTX was an example of why a “consolidated home country supervisor” is needed. Go to Source Powered by WPeMatico
Crypto lawyers flame Gensler over claims that all crypto are securities
Crypto lawyers weighed in on Gary Gensler’s crypto regulation claims saying the SEC has no legal standing to police the space. Go to Source Powered by WPeMatico
