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Treasury Secretary Janet Yellen urges Congress for new #crypto laws to address systemic risks.
⚡️Proposed legislation focuses on regulating #stablecoins and non-securities crypto assets spot market.
⚡️ Yellen highlights concerns about stablecoins growth, money laundering, and their impact on #financial stability.
⚡️ Bipartisan deadlock slows crypto legislation; regulatory disagreement persists between #SEC and #CFTC.
⚡️ Yellen proposes a federal regulator for stablecoins and stresses the need for protections for stablecoin holders.
⚡️Proposed legislation focuses on regulating #stablecoins and non-securities crypto assets spot market.
⚡️ Yellen highlights concerns about stablecoins growth, money laundering, and their impact on #financial stability.
⚡️ Bipartisan deadlock slows crypto legislation; regulatory disagreement persists between #SEC and #CFTC.
⚡️ Yellen proposes a federal regulator for stablecoins and stresses the need for protections for stablecoin holders.
#Bakkt Holdings, Inc. expresses confidence in operations despite SEC filing concerns about #funding. #cryptoNews
Bakkt emphasizes transparency, compliance, and commitment to clients, plans detailed #financial insights in upcoming earnings announcement.
https://coinpedia.org/news/bakkt-expresses-confidence-to-continue-business-despite-financial-uncertainty-in-previous-sec-filing/
Bakkt emphasizes transparency, compliance, and commitment to clients, plans detailed #financial insights in upcoming earnings announcement.
https://coinpedia.org/news/bakkt-expresses-confidence-to-continue-business-despite-financial-uncertainty-in-previous-sec-filing/
CoinPedia
Bakkt Reassures Continued Operation Despite Funding Concerns; Here’s the Plan
In response to concerns raised in its recent SEC filing on February 7, Bakkt Holdings, Inc. has issued a statement asserting confidence in its ability to
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NZ Central Bank Chief: "Printing money for fools is a great business to be in" #CryptoNews
🔵 New Zealand Central Bank Governor Adrian Orr joked about the central banking system during a parliamentary meeting.
🔵 #Bitcoin advocates perceive truth in Orr's jest, emphasizing Bitcoin's independence from government manipulation.
🔵 The majority of the #cryptocurrency community sees central bank digital currencies (#CBDC) as potentially restricting #financial freedoms.
🔵 Adrian Orr expressed concerns about decentralized digital currencies like Bitcoin, emphasizing their perceived shortcomings as money.
🔵 New Zealand Central Bank Governor Adrian Orr joked about the central banking system during a parliamentary meeting.
🔵 #Bitcoin advocates perceive truth in Orr's jest, emphasizing Bitcoin's independence from government manipulation.
🔵 The majority of the #cryptocurrency community sees central bank digital currencies (#CBDC) as potentially restricting #financial freedoms.
🔵 Adrian Orr expressed concerns about decentralized digital currencies like Bitcoin, emphasizing their perceived shortcomings as money.
Top #CryptoNews In Last 12 Hours
1️⃣ #Bitcoin's #marketcap surpasses $1 trillion as price hits $51,000; ,marking milestone in #cryptomarket history.
2️⃣EU committee approves groundbreaking #AI legislation, setting global precedent, to regulate diverse industries; enforcement expected by 2026.
3️⃣ Japan's #financial regulator suggests banks enhance user protection, potentially disrupting P2P #crypto transactions to prevent fraud.
4️⃣US Treasury official Brian Nelson urges Congress for expanded authority to combat crypto-related illicit finance.
5️⃣US #CPI data beats expectations. CME predicts 92% chance #FOMC keeps rates unchanged in March; 62.1% chance of May rate cut.
1️⃣ #Bitcoin's #marketcap surpasses $1 trillion as price hits $51,000; ,marking milestone in #cryptomarket history.
2️⃣EU committee approves groundbreaking #AI legislation, setting global precedent, to regulate diverse industries; enforcement expected by 2026.
3️⃣ Japan's #financial regulator suggests banks enhance user protection, potentially disrupting P2P #crypto transactions to prevent fraud.
4️⃣US Treasury official Brian Nelson urges Congress for expanded authority to combat crypto-related illicit finance.
5️⃣US #CPI data beats expectations. CME predicts 92% chance #FOMC keeps rates unchanged in March; 62.1% chance of May rate cut.
February 20th hearing crucial for SEC vs #Ripple battle, focusing on #financial documents and potential sales injunction. #Cryptonews
Ripple's future #XRP sales to institutional clients hinge on court's decision, impacting potential SEC registration requirement.
https://coinpedia.org/news/ripple-vs-sec-attorney-reveals-key-details-on-the-next-important-date/
Ripple's future #XRP sales to institutional clients hinge on court's decision, impacting potential SEC registration requirement.
https://coinpedia.org/news/ripple-vs-sec-attorney-reveals-key-details-on-the-next-important-date/
CoinPedia
Ripple vs SEC: Attorney Reveals Key Details On The Next Important Date
The SEC v Ripple Labs are preparing for a crucial judicial battle on February 20, 2024. All the eyes are on the case as this is the only thing that can
Despite #financial uncertainties, the #cryptomarket thrives with Bitcoin above $50,000, attracting #investors attention.
Arthur Hayes advises diversifying portfolios with lesser-known altcoins, emphasizing macro and micro stories in #crypto investing.
https://coinpedia.org/news/altcoin-adventures-arthur-hayes-top-crypto-portfolio-picks-in-this-altcoin-season/
Arthur Hayes advises diversifying portfolios with lesser-known altcoins, emphasizing macro and micro stories in #crypto investing.
https://coinpedia.org/news/altcoin-adventures-arthur-hayes-top-crypto-portfolio-picks-in-this-altcoin-season/
CoinPedia
Altcoin Adventures: Arthur Hayes’ Top Crypto Portfolio Picks In this Altcoin Season
The crypto market is doing well despite financial uncertainties. Bitcoin stays strong above $50,000, catching investors’ eyes. As traditional assets
Robert Kiyosaki welcomes #Bitcoin crashes, viewing them as buying opportunities to accumulate assets.
His philosophy mirrors principles from "Rich Dad Poor Dad," advocating proactive #financial management amidst #Cryptomarket volatility.
https://coinpedia.org/news/heres-what-rich-dad-poor-dads-author-robert-kiyosaki-would-do-if-bitcoin-crashes/
His philosophy mirrors principles from "Rich Dad Poor Dad," advocating proactive #financial management amidst #Cryptomarket volatility.
https://coinpedia.org/news/heres-what-rich-dad-poor-dads-author-robert-kiyosaki-would-do-if-bitcoin-crashes/
CoinPedia
Here’s What Rich Dad Poor Dad’s Author Robert Kiyosaki Would Do “If Bitcoin Crashes”
Renowned entrepreneur and author Robert Kiyosaki, famed for his financial wisdom in "Rich Dad Poor Dad," recently shared his intriguing perspective on
SEC raises concerns over #Terraform Labs' $166M payment to Dentons, alleging potential evasion of liabilities. #crypto
Terraform Labs' Chapter 11 #bankruptcy amid SEC fraud allegations prompts scrutiny over #financial maneuvers.
https://coinpedia.org/news/sec-raises-alarm-over-terraform-labs-166m-payment-to-dentons-amid-bankruptcy/
Terraform Labs' Chapter 11 #bankruptcy amid SEC fraud allegations prompts scrutiny over #financial maneuvers.
https://coinpedia.org/news/sec-raises-alarm-over-terraform-labs-166m-payment-to-dentons-amid-bankruptcy/
CoinPedia
SEC Raises Alarm Over Terraform Labs’ $166M Legal Fee; Here’s Why
A dramatic turn in the Terraform Labs drama! The U.S. Securities and Exchange Commission (SEC) is raising red flags over a hefty $166 million payment made
Hong Kong's #financial sector undergoing changes: 10 institutions to launch #Bitcoin and #Ethereum spot #ETFs.
Potential for Hong Kong to lead in #crypto if it launches Ethereum products before US.
https://coinpedia.org/news/hong-kong-sees-10-financial-institutions-apply-for-spot-bitcoin-and-ethereum-etfs/
Potential for Hong Kong to lead in #crypto if it launches Ethereum products before US.
https://coinpedia.org/news/hong-kong-sees-10-financial-institutions-apply-for-spot-bitcoin-and-ethereum-etfs/
CoinPedia
Hong Kong Sees 10 Financial Institutions Apply For Spot Bitcoin and Ethereum ETFs
Hong Kong’s financial sector is experiencing significant changes. Ten financial institutions are preparing to launch Bitcoin and Ethereum spot ETFs.
#Crypto experts James Murphy and Scott Melker analyze SEC's damages theory in #Ripple case, highlighting weaknesses.
SEC's case lacks identified victims with real #financial losses, weakening disgorgement principle and legitimacy of penalties.
https://coinpedia.org/news/ripple-vs-sec-decrypting-secs-damage-theory-in-xrp-lawsuit-a-fortunate-turn-for-ripple/
SEC's case lacks identified victims with real #financial losses, weakening disgorgement principle and legitimacy of penalties.
https://coinpedia.org/news/ripple-vs-sec-decrypting-secs-damage-theory-in-xrp-lawsuit-a-fortunate-turn-for-ripple/
CoinPedia
Ripple vs SEC: Decrypting SEC’s Damage Theory in XRP lawsuit, A Fortunate Turn for Ripple?
In a recent video update shared by crypto expert James Murphy and Wolf of Wall Street Scott Melker delves into the intricacies of the SEC’s damages theory
Breaking: South Korea's Democratic Party Election Victory Sparks Push for Crypto ETF Review
🔵 South Korea's Democratic Party aims to introduce spot #crypto funds, despite regulators' current opposition.
🔵 #Financial regulators oppose spot crypto #ETFs due to lack of legal basis.
🔵 Following an electoral victory, the party plans to push for regulatory review of banned spot #bitcoin ETFs.
🔵 In June, the party intends to request the Financial Services Commission to reconsider spot bitcoin ETFs.
#Crypto #CryptoNews
🔵 South Korea's Democratic Party aims to introduce spot #crypto funds, despite regulators' current opposition.
🔵 #Financial regulators oppose spot crypto #ETFs due to lack of legal basis.
🔵 Following an electoral victory, the party plans to push for regulatory review of banned spot #bitcoin ETFs.
🔵 In June, the party intends to request the Financial Services Commission to reconsider spot bitcoin ETFs.
#Crypto #CryptoNews