2023-5-17 20:29 |
Dr. Aisha Ghaus Pasha, Pakistan's Minister of State for Finance, declared on May 17 that the government has no plans to legalize cryptocurrency in the nation.
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An upcoming House Appropriation budget could prevent the US SEC from implementing its controversial Staff Accounting Bulletin 121 (SAB 121). FOX Business reporter Eleanor Terrett, who reported the news on June 4, said the bill will prohibit the SEC from using appropriated funds to implement the rule.
Onchain Highlights DEFINITION: The total supply held by short-term holders [BTC] is the total amount of circulating supply held by short-term holders. Long-term and Short-Term Holder supply is defined with respect to the entity’s average purchasing date, with weights given by a logistic function centered at an age of 155 days and a transition width of […] The post Bitcoin short-term holders increased holdings by over 1 million BTC in six months appeared first on CryptoSlate.
Block Earner doesn't need to pay a penalty because it acted honestly in seeking to engage with government over regulation of crypto-related products and services.
Coinbase CEO Brian Armstrong has called for a concerted effort to secure regulatory clarity for the crypto industry by supporting pro-crypto political candidates and voting out anti-crypto incumbents.
US President Joe Biden vetoed H. J. Res. 109, which aimed to overturn the of the SEC’s controversial SAB 121 rule, on May 31. Biden wrote that SAB 121 represents the “considered technical” views of SEC staff.
A bipartisan coalition of lawmakers has urged the Biden Administration to abandon its plan to veto the Congressional proposal to repeal the SEC’s controversial Staff Accounting Bulletin No. 121 (SAB 121).
The House Financial Services Digital Assets Subcommittee will hold a hearing on real-world asset (RWA) tokenization on June 5 to discuss the emerging sector’s potential benefits. Congress will listen to testimony from industry experts at the hearing to determine the potential benefits of RWA tokenization in facilitating efficient markets.