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White House, US Senators Call for Proper Crypto Oversight

White House, US Senators Call for Proper Crypto OversightThe White House and members of the U.S. Senate Banking Committee have called for proper cryptocurrency regulation following the collapse of crypto exchange FTX. “Without proper oversight of cryptocurrencies, they risk harming everyday Americans, and this is something that clearly we monitor and we see as an important issue,” said White House press secretary Karine […]

“It’s happening”: Ethereum ETF approval is imminent as issuers amend 19b-4 filings

US Lawmakers ‘Deeply Concerned’ That SEC Is Enacting Rules Too Quickly, Without Sufficient Feedback

US Lawmakers ‘Deeply Concerned’ That SEC Is Enacting Rules Too Quickly, Without Sufficient FeedbackTwo U.S. lawmakers have requested answers from the Securities and Exchange Commission (SEC) about its rulemaking process. Their request followed the latest SEC Inspector General report that “raises significant concerns that the agency is trying to enact too many rules, too quickly.” ‘SEC Is Enacting Rules Without Sufficient Feedback’ U.S. Senator Pat Toomey (R-PA) and […]

“It’s happening”: Ethereum ETF approval is imminent as issuers amend 19b-4 filings

US Lawmakers Accuse Gary Gensler of ‘Hypocritical Mismanagement of SEC’ — Say the Chairman ‘Refuses to Practice What He Preaches’

US Lawmakers Accuse Gary Gensler of ‘Hypocritical Mismanagement of SEC’ — Say the Chairman ‘Refuses to Practice What He Preaches’Four congressmen have accused the U.S. Securities and Exchange Commission (SEC) under Chairman Gary Gensler of “regulatory hypocrisy and inconsistency.” They added: “While the SEC is failing to comply with federal transparency and record-keeping laws, the SEC is aggressively enforcing record-keeping laws on private businesses.” Gensler’s Regime at SEC ‘Has Been Characterized by Regulatory Hypocrisy […]

“It’s happening”: Ethereum ETF approval is imminent as issuers amend 19b-4 filings

SEC Chair Gensler Asks Staff to Collaborate With CFTC on Regulating Crypto Exchanges

SEC Chair Gensler Asks Staff to Collaborate With CFTC on Regulating Crypto ExchangesThe chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has asked SEC staff to collaborate with the Commodity Futures Trading Commission (CFTC) to develop a new plan to regulate cryptocurrency trading platforms. SEC Wants to Work With CFTC on Regulating Crypto Exchanges The chairman of the U.S. Securities and Exchange Commission (SEC), […]

“It’s happening”: Ethereum ETF approval is imminent as issuers amend 19b-4 filings

US Senators Urge Facebook to Discontinue Crypto Wallet Pilot Citing ‘Insufficient’ Ability to Keep Consumers Safe

US Senators Urge Facebook to Discontinue Crypto Wallet Pilot Citing ‘Insufficient’ Ability to Keep Consumers SafeA group of U.S. senators has asked Facebook CEO Mark Zuckerberg to discontinue his company’s crypto wallet pilot and commit to not bringing the cryptocurrency Diem to market. “Facebook cannot be trusted to manage a payment system or digital currency when its existing ability to manage risks and keep consumers safe has proven wholly insufficient,” […]

“It’s happening”: Ethereum ETF approval is imminent as issuers amend 19b-4 filings

US Senators Introduce Bill Requiring Treasury to Report on Cryptocurrencies and Their Use Globally

US Senators Introduce Bill Requiring Treasury to Report on Cryptocurrencies and Their Use GloballyTwo U.S. senators have introduced a bipartisan bill aimed at improving the oversight of cryptocurrency. The bill requires the Treasury Secretary to submit a report to Congress on cryptocurrencies and their competitiveness globally, including how other countries are using and mining them as well as their impacts on supply chains. New Bill Introduced to Improve […]

“It’s happening”: Ethereum ETF approval is imminent as issuers amend 19b-4 filings

SEC Asking for Jurisdiction Over All Crypto Exchanges Is ‘a Blatant Power Grab,’ Says Lawmaker

SEC Asking for Jurisdiction Over All Crypto Exchanges Is ‘a Blatant Power Grab,’ Says LawmakerU.S. Congressman Patrick McHenry has slammed the U.S. Securities and Exchange Commission (SEC) for asking for jurisdiction over all crypto exchanges, including non-securities ones. He called it “a blatant power grab that will hurt American innovation,” adding, “We don’t need another backroom deal between Gensler and Elizabeth Warren.” Lawmaker Slams SEC for Blatant Power Grab […]

“It’s happening”: Ethereum ETF approval is imminent as issuers amend 19b-4 filings

Mike Novogratz Says Institutions Are Buying Bitcoin, Politicians Need More Crypto Education

Mike Novogratz Says Institutions Are Buying Bitcoin, Politicians Need More Crypto EducationGalaxy Digital CEO Michael Novogratz says that cryptocurrencies, such as bitcoin, have bounced back because institutional investors are buying. Responding to U.S. Senator Elizabeth Warren’s anti-crypto stance, he stated, “We need to do a much better job going to D.C.” to educate lawmakers. Novogratz Says Institutions Are Buying Galaxy Digital CEO Mike Novogratz talked about […]

“It’s happening”: Ethereum ETF approval is imminent as issuers amend 19b-4 filings