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SEC Chair Gary Gensler Criticized for Approach to Crypto Regulation by US Lawmaker
US lawmaker Tom Emmer has criticized SEC chairman Gary Gensler's approach toward crypto, describing it as "burdensome." The post SEC Chair Gary Gensler Criticized for Approach to Crypto Regulation by US Lawmaker appeared first on BeInCrypto. дальше »
2022-11-27 20:39 | |
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FTX stake in US bank raises concerns about banking loopholes
The chairman of the rural bank, Jean Chalopin, also happens to be the chairman of Deltec Bank, which has Tether and Alameda both on its client list. дальше »
2022-11-26 15:15 | |
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US CFTC’s Behnam Will Testify at FTX Hearing in Senate
Rostin Behnam, the chairman of the U.S. Commodity Futures Trading Commission (CFTC), will testify at a Senate hearing next week set to examine the “lessons learned from the FTX collapse,” according to a listing on the Senate Agriculture Committee’s website. дальше »
2022-11-22 22:05 | |
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FTX leadership pressed for information by US subcommittee chairman
A letter by the chair of the Subcommittee on Economic and Consumer Policy demanded the former and current FTX CEOs turn over details of the exchange’s past and current financials. дальше »
2022-11-20 06:22 | |
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FDIC to prioritize crypto risk assessment amid rising interest among banks
With banks reporting $470 billion in unrealized losses and FDIC foreseeing the continuation of this trend, acting chairman Gruenberg believed banks must cautiously engage in crypto-asset activities. дальше »
2022-11-17 12:11 | |
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White House Goes Back to the Future With FDIC Chair Pick Gruenberg
President Joe Biden has chosen to nominate Federal Deposit Insurance Corp. (FDIC) Acting Chairman Martin Gruenberg to return to the chairmanship he held in previous administrations. The FDIC will have a key role in how crypto will mesh with the U. дальше »
2022-11-15 01:27 | |
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Health of FTX’s US Derivatives Arm Owed to Oversight, Says CFTC Chief Behnam
FTX’s U. S. derivatives-trading subsidiary – the former LedgerX – remains standing while other parts of Sam Bankman-Fried’s empire crumble, and that should be credited to its government oversight, said Rostin Behnam, chairman of the U. дальше »
2022-11-15 19:43 | |
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CryptoSlate Wrapped Daily: SBF out as CEO as FTX files for bankruptcy; SEC Chairman’s ties with exchange under scrutiny
The biggest news in the cryptoverse for November 11 includes FTX filing for bankruptcy as John Ray III takes over from Sam Bankman-Fried as CEO, FTX users seeking to bypass bankruptcy process using the “Bahamas loophole”, US Congressman accused SEC Chairman of having dubious ties to FTX, and Crypto dot com disclosing reserve holdings to allay rumors […] The post CryptoSlate Wrapped Daily: SBF out as CEO as FTX files for bankruptcy; SEC Chairman’s ties with exchange under scrutiny appeared first on CryptoSlate. дальше »
2022-11-12 01:31 | |
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CryptoSlate Wrapped Daily: FTX seeks bailout to shore up liquidity; 60K BTC withdrawn from exchanges
The biggest news in the cryptoverse for November 10 includes SBF planning to raise funds to bailout FTX and make users whole, SEC chairman Gary Gensler advocating for more investor protection following FTX collapse, and Sequoia Capital writing off its over $200M investment in FTX as worthless. дальше »
2022-11-11 01:00 | |
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SEC’s Gensler says more investor protection is needed after FTX fiasco
SEC Chairman Gary Gensler addressed the ongoing market crisis caused by the FTX fallout during an interview on CNBC’s Squawk Box. The post SEC’s Gensler says more investor protection is needed after FTX fiasco appeared first on CryptoSlate. дальше »
2022-11-11 18:15 | |
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Saylor says ‘Bitcoin is winning,’ deems gold a 19th century solution as MicroStrategy outperforms major asset classes
During the MicroStrategy (MSTR) Q3 earnings call, Executive Chairman Michael Saylor said Bitcoin is winning, in turn boosting the company’s fortunes. The post Saylor says ‘Bitcoin is winning,’ deems gold a 19th century solution as MicroStrategy outperforms major asset classes appeared first on CryptoSlate. дальше »
2022-11-3 20:29 | |
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Hong Kong’s crypto plans could be a ‘test center’ opportunity for China, PCG’s Li says
Hong Kong is still a great financial hub for capital, for the world and particularly the Asia market, Richard Li, chairman at Pacific Century Group, a private investment group. “I still feel that Hong Kong is a very good hub for Asia… a very good financial hub for capital. дальше »
2022-11-1 17:50 | |
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Bithumb Founder Could Face Eight Years in Prison for $70 Million Fraud Charges
South Korean prosecutors are seeking an eight years sentence for the founder of Bithumb, Lee Jung-hoon, on charges that he defrauded the chairman of cosmetic surgery company BK Group, Kim Byung Gun, of 100 billion won (around $70 million). дальше »
2022-10-27 00:21 | |
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Prosecutors Seek 8-year Jail Term for Owner of Top South Korean Crypto Exchange Bithumb
Coinspeaker Prosecutors Seek 8-year Jail Term for Owner of Top South Korean Crypto Exchange Bithumb Crypto exchange FTX is reportedly in talks to buy Bithumb. The legal issues connected to its former chairman will, however, hinder any possible sale. дальше »
2022-10-25 15:55 | |
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SEC Chair Gary Gensler: Crypto Exchanges Are ‘Highly Centralized’
Securities and Exchange Commission chairman Gary Gensler questioned its decentralization properties in his latest attack on the crypto industry. The post SEC Chair Gary Gensler: Crypto Exchanges Are ‘Highly Centralized’ appeared first on BeInCrypto. дальше »
2022-10-25 07:48 | |
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FDIC Chairman Says Regulators Should Oversight Over Stablecoin Issuers
The FDIC expressed his trust in stablecoins as a possible means of payment and urged regulators to better oversee the stablecoins. According to the chair, stablecoins hold characteristics that could bring issues such as money laundry to an end. дальше »
2022-10-21 19:00 | |
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South Korean police raid Hancom Inc offices, chairman’s home over slush fund suspicions
South Korean police agents raided the offices of software maker Hancom Inc and the home of Hancom Group chairman Kim Sang-Cheol on suspicions of manipulating the price of Arowana tokens and creating a slush fund on October 20, according to local media reports. дальше »
2022-10-21 13:00 | |
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Stablecoins Could ‘Fundamentally Alter’ Banking System, Says US FDIC Chief
Stablecoins could have such a profound effect on the established banking system that U.S. regulators need to require that the digital tokens fit in without disrupting it, said Martin Gruenberg, the acting chairman of the Federal Deposit Insurance Corp. дальше »
2022-10-21 17:00 | |
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CFTC’s Behnam Calls FTX Idea a Potential ‘Evolution’ in Market Structure
FTX’s proposal to cut out the middlemen in U.S. crypto derivatives has shaken traditional financial firms, but the chairman of the Commodity Futures Trading Commission (CFTC) said the idea could mark an “evolution” in the way markets work. дальше »
2022-10-15 01:24 | |
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SEC staff reportedly unhappy with Gensler over Kim Kardashian ‘publicity stunt’
The United States SEC’s enforcement staff are reportedly unhappy with Chairman Gary Gensler over his “publicity stunt” concerning the recent settlement fine paid by Kim Kardashian, Fox Business Network’s Charles Gasparino reported on October 5. дальше »
2022-10-6 15:00 | |
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MAS Distances Itself From Unregulated Crypto Activities, Can It Continue Ruling the Roost?
The MAS Chairman claims that not all crypto activities are regulated following a number of high-value collapses in the last few months. The post MAS Distances Itself From Unregulated Crypto Activities, Can It Continue Ruling the Roost? appeared first on BeInCrypto. дальше »
2022-10-6 13:21 | |
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US CFTC as Crypto’s Regulatory Savior? Crypto Firms Might Not Like What They Get
Just because Rostin Behnam is the rare government official who can casually drop a comment that suggests a future explosion in bitcoin price, doesn’t mean he’s a crypto bro. The chairman of the Commodity Futures Trading Commission (CFTC) is widely seen in crypto circles as a relatively friendly face in government, but his recent record on enforcement could suggest otherwise. дальше »
2022-10-7 23:01 | |
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Crypto Better Days Coming: UN Urges The Federal Reserve Not To Hike Interest Rates
Crypto prices immediately came crashing down after Federal Reserve Chairman Jerome Powell announced they are increasing interest rates during an economic summit on September 21. Now, in a not-so-delayed reaction, the United Nations is calling on the U. дальше »
2022-10-4 08:42 | |
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Bitcoin Could ‘Double in Price’ Under CFTC Regulation, Chairman Behnam Says
Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam said Thursday that CFTC-led regulation could have significant benefits for the crypto industry, including a potential boost to the price of bitcoin. дальше »
2022-9-29 03:29 | |
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Fed's Powell stresses on the significance of DeFi regulation and...
Jerome Powell, the chairman of the U.S. Federal Reserve, has spoken out over the growth of decentralized finance (DeFi) and its effects on the conventional financial environment, urging for appropriatThe post Fed's Powell stresses on the significance of DeFi regulation and... appeared first on AMBCrypto. дальше »
2022-9-29 23:00 | |
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Central Banks Will Always Be Source of Trust in Money, Says Fed Chair
Federal Reserve (Fed) Chairman Jerome Powell has spoken at the Conference on Opportunities and Challenges of the tokenization of finance, hosted at the Louvre by the Banque de France. In his comments, the Fed chairman addressed the current “DeFi winter,” the utility of stablecoins, and reiterated that a dollar-based central bank digital currency was still … Continued The post Central Banks Will Always Be Source of Trust in Money, Says Fed Chair appeared first on BeInCrypto. дальше »
2022-9-28 20:30 | |
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Jesse Powell Will Step Down As Kraken CEO But Remain As Board Chair
Jesse Powell is stepping down as the chief executive officer of Kraken, the crypto exchange he helped co-found in 2011. Powell will transition to a new role as chairman of the company’s board of directors. дальше »
2022-9-24 12:17 | |
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Kraken CEO Jesse Powell moving to Chairman role to focus on crypto industry advocacy
Kraken’s Co-founder and CEO Jesse Powell is stepping down from his position and will be replaced by the firm’s COO Dave Ripley, according to a Sept 21 press statement. The post Kraken CEO Jesse Powell moving to Chairman role to focus on crypto industry advocacy appeared first on CryptoSlate. дальше »
2022-9-22 22:18 | |
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Fed Preview: Bitcoin Investors to Look Past Jumbo Rate Hike and Focus on Economic Assessment and Borrowing Cost Estimates
The economy has remained stronger than policymakers expected in July. So hawkish risk is that chairman Powell says the inflation fight is still in early stages, implying a higher terminal or peak rate. дальше »
2022-9-21 12:10 | |
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MicroStrategy Holds 130,000 Bitcoin Following $6 Million Purchase
Founder and executive chairman for software company MicroStrategy announced a Bitcoin purchase of $6 million. According to a document file with the U. S. Securities and Exchange Commission (SEC), the company disclosed that it added 301 BTC to its treasury as of September 19th, 2022. дальше »
2022-9-21 18:37 | |
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Michael Saylor can’t stop: MicroStrategy now holds 130,000 Bitcoin
MicroStrategy bought an additional 301 BTC for $6 million at an average price of $19,851, the company’s executive chairman announced on Twitter. дальше »
2022-9-21 16:09 | |
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Bitcoin: Merge renders ETH less of a cryptocurrency as per this BTC maximalist
Bitcoin [BTC] maximalist and Microstrategy board chairman Michael Saylor recently said that the Ethereum [ETH] Merge meant BTC was going to be stronger. Bloomberg reported that Saylor made that statemThe post Bitcoin: Merge renders ETH less of a cryptocurrency as per this BTC maximalist appeared first on AMBCrypto. дальше »
2022-9-18 06:30 | |
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SEC Chair Gensler Says He Supports CFTC Having Oversight Over BTC, Ether
The U. S. Securities and Exchange Commission (SEC) Chairman Gary Gensler says he supports the proposal to give oversight of Bitcoin (BTC) and Ethereum (ETH) to fellow watchdog, the Commodity Futures Trading Commission (CFTC). дальше »
2022-9-17 19:51 | |
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SEC Chair's take on PoS cryptocurrencies might not make you happy
Gary Gensler, the United States Securities and Exchange Commission (SEC) Chairman, on 15 September, stated that cryptocurrencies that allow holders to stake their tokens might be considered a securityThe post SEC Chair's take on PoS cryptocurrencies might not make you happy appeared first on AMBCrypto. дальше »
2022-9-16 17:00 | |
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Post-Merge Question From The SEC: Is ETH Under Proof-Of-Stake A Security?
We’re in a post-merge world. And the SEC is looking at Ethereum once again after the substantial changes it recently went through. Word on the street is that Chairman Gary Gensler, speaking post-merge for the first time, insinuated Ethereum could now be a security. дальше »
2022-9-16 07:20 | |
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Gensler’s Senate Testimony Still Sheds No Light on Determining Security Status of Cryptos
Gary Gensler, Chairman of the Securities and Exchange Commission, says the 'vast majority' of crypto assets are securities but didn't elaborate on how to determine whether one is. The post Gensler’s Senate Testimony Still Sheds No Light on Determining Security Status of Cryptos appeared first on BeInCrypto. дальше »
2022-9-15 23:14 | |
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Has SEC Chairman Gensler altered his stance on cryptos, securities
Securities and Exchange Commission (SEC) Chairman Gary Gensler spoke about cryptocurrencies in his latest speech. He reiterated his stance on the crypto market and its definition as a security. The evThe post Has SEC Chairman Gensler altered his stance on cryptos, securities appeared first on AMBCrypto. дальше »
2022-9-10 01:30 | |
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SEC Chairman Gensler Wants Disclosures From Crypto Issuers, Lawyer Says
0x Labs Chief Legal Officer, Ashley Ebersole, joined CoinDesk TV’s “All About Bitcoin” to discuss what the SEC could do in order to make platforms more “comfortable,” as the agency calls on crypto exchanges to register. дальше »
2022-9-10 18:24 | |
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