Gerard Scimeca, CASE co-founder, expressed concerns about SEC's actions in #crypto, citing #Ripple lawsuit, Grayscale case, and #Coinbase pursuit. He questioned SEC's consistency, emphasizing the need for clear crypto #regulations.
#CryptoNews 🔥👇
https://coinpedia.org/news/secs-crypto-regulation-strategy-under-fire-case-chairman-speaks-out/
#CryptoNews 🔥👇
https://coinpedia.org/news/secs-crypto-regulation-strategy-under-fire-case-chairman-speaks-out/
Coinpedia Fintech News
SEC's Crypto Regulation Strategy Under Fire: CASE Chairman Speaks Out
In a recent interview, Gerard Scimeca, co-founder and chairman of Consumer Action for a Strong Economy (CASE), expressed growing concerns about the
#Kraken denies allegations of violating securities laws.
Senator Lummis opposes SEC's unclear rules, urges explicit #regulations for #crypto.
https://coinpedia.org/news/u-s-senator-criticizes-secs-approach-to-kraken-case-cites-customer-impact/
Senator Lummis opposes SEC's unclear rules, urges explicit #regulations for #crypto.
https://coinpedia.org/news/u-s-senator-criticizes-secs-approach-to-kraken-case-cites-customer-impact/
Coinpedia Fintech News
U.S. Senator Slams SEC's Case Against Kraken, Cites Customer Impact
The situation in the cryptocurrency world can change for the worse anytime! Now, the Securities and Exchange Commission (SEC) has taken Kraken to court,
#Binance settles $4.3 billion with #CFTC for unregistered trading, leading to Zhao's resignation.
CFTC warns globally, signaling a transformative era for U.S. #crypto #regulations with zero tolerance. #cryptonews? https://coinpedia.org/news/crypto-crackdown-cftcs-strong-stance-on-crypto-exchanges/
CFTC warns globally, signaling a transformative era for U.S. #crypto #regulations with zero tolerance. #cryptonews? https://coinpedia.org/news/crypto-crackdown-cftcs-strong-stance-on-crypto-exchanges/
Coinpedia Fintech News
Crypto Crackdown: CFTC’s Strong Stance on Crypto Exchanges
The U.S. Commodity Futures Trading Commission (CFTC) has taken decisive action against Binance, the world’s largest digital asset trading platform. The
Representative Tom Emmer proposed a budget amendment, restricting SEC funds for #crypto enforcement.
Emmer criticized the SEC's lack of #crypto #regulations, using #Ripple's case to challenge regulatory overreach.
https://coinpedia.org/news/ripples-legal-triumph-sets-precedent-for-crypto-industry-u-s-rep-proposes-funding-restriction-on-sec/
Emmer criticized the SEC's lack of #crypto #regulations, using #Ripple's case to challenge regulatory overreach.
https://coinpedia.org/news/ripples-legal-triumph-sets-precedent-for-crypto-industry-u-s-rep-proposes-funding-restriction-on-sec/
Coinpedia Fintech News
Ripple's Legal Triumph Sets Precedent for Crypto Industry; U.S. Rep Proposes Funding Restriction on SEC
In a groundbreaking legal battle, Ripple emerged victorious against the U.S. Securities and Exchange Commission (SEC) in July, marking a pivotal moment
The European Union navigates #AI #regulations, focusing on safeguarding startups, addressing societal risks, especially #ChatGPT.
Marathon EU negotiations result in AI regulations agreement, involving Commission, Parliament, 27 countries, aiming for global #AI control. https://coinpedia.org/news/eus-bold-move-to-control-chatgpt-and-ai-industry/
Marathon EU negotiations result in AI regulations agreement, involving Commission, Parliament, 27 countries, aiming for global #AI control. https://coinpedia.org/news/eus-bold-move-to-control-chatgpt-and-ai-industry/
Coinpedia Fintech News
EU's Bold Move to Control ChatGPT and AI Industry
The European Union is navigating through the choppy waters of AI regulations, aiming to strike a balance between safeguarding local startups and
Vivek Ramaswamy champions #crypto in 2024 presidential race, criticizes SEC, emphasizes need for updated #regulations.
#Crypto takes center stage in U.S. politics; candidates clash over #CBDCs, signal policy shift.
https://coinpedia.org/news/crypto-chaos-in-the-2024-elections-ramaswamy-leads-a-revolutionary-charge/
#Crypto takes center stage in U.S. politics; candidates clash over #CBDCs, signal policy shift.
https://coinpedia.org/news/crypto-chaos-in-the-2024-elections-ramaswamy-leads-a-revolutionary-charge/
Coinpedia Fintech News
Crypto Chaos in the 2024 Elections: Ramaswamy Leads a Revolutionary Charge
The SEC has only worsened crypto troubles in the US, which has been plagued by regulatory issues for years. After Argentina got its Pro-Crypto President
Senator Elizabeth Warren deems #cryptocurrencies a major threat, introducing legislation for stricter #regulations.
Geopolitical tensions, like the Israel-Hamas conflict, amplify concerns about #crypto's anonymity, prompting regulatory discussions.
https://coinpedia.org/news/crypto-is-a-threat-out-there-says-us-senator-elizabeth-warren/
Geopolitical tensions, like the Israel-Hamas conflict, amplify concerns about #crypto's anonymity, prompting regulatory discussions.
https://coinpedia.org/news/crypto-is-a-threat-out-there-says-us-senator-elizabeth-warren/
Coinpedia Fintech News
"Crypto is a Threat Out There" - Says US Senator Elizabeth Warren
US Senator Elizabeth Warren expressed strong reservations about the role of cryptocurrencies in the global landscape. During her appearance on CNBC's
South Korea's regulators express concerns about US Spot #BitcoinETFs, considering risks to financial stability.
In July 2024, South Korea plans transparent rules and #regulations for virtual assets, impacting global #crypto.
https://coinpedia.org/news/south-korea-stands-strongly-on-crypto-etf-ban-despite-us-approval/
In July 2024, South Korea plans transparent rules and #regulations for virtual assets, impacting global #crypto.
https://coinpedia.org/news/south-korea-stands-strongly-on-crypto-etf-ban-despite-us-approval/
Coinpedia Fintech News
South Korea Stands Strongly on Crypto ETF Ban Despite US Bitcoin ETF Approval
Spot Bitcoin ETF approval by the SEC has already impressed investors and many prominent figures, as it has many advantages for investors and institutional
🔵Top #CryptoNews of This Week #Cryptocurrency
1️⃣ #Solana network experienced a 52+ minute outage, halting transactions and affecting smart contracts and projects.
2️⃣ #MicroStrategy boosted #Bitcoin holdings by 31,755 in Q4 2023, reaching a total of 190,000. Revenue dipped 6.1%, but remained profitable.
3️⃣ US SEC introduced rules for #DeFi liquidity providers. DeFi Education Fund criticized. SEC Chair defended changes, emphasizing investor protection.
4️⃣ South Korea enforced new #regulations on #crypto to curb illegal activities, aiming to safeguard assets and protect consumer interests.
5️⃣South Korea investigated #OKX for operating without registration. Crackdown aimed to foster safe, regulated #cryptomarket with stricter enforcement.
6️⃣ #Ethereum prepared for #Dencun upgrade, set for March 13. Expected to improve performance, scalability, could affect $ETH prices.
7️⃣ #Ripple's CTO David Schwartz, in an interview with Tony Edward, founder of Thinking Crypto, suggests a "reasonable chance" of SEC vs Ripple case conclusion this year raising community hopes.
8️⃣ #Hacken discovered a connection between the Ripple chairman's hack and the XRP official wallet. 213 million XRP ($112.5m) was stolen, suggesting someone from inside was involved.
9️⃣ Former #FTX CEO, Sam Bankman-Fried, ordered to appear in court by US Judge Lewis Kaplan on February 21, 2024.
🔟 #Grayscale, a major digital asset management firm, reportedly sold $41 million worth of Bitcoin amid #Bitcoin's price surge.
1️⃣ #Solana network experienced a 52+ minute outage, halting transactions and affecting smart contracts and projects.
2️⃣ #MicroStrategy boosted #Bitcoin holdings by 31,755 in Q4 2023, reaching a total of 190,000. Revenue dipped 6.1%, but remained profitable.
3️⃣ US SEC introduced rules for #DeFi liquidity providers. DeFi Education Fund criticized. SEC Chair defended changes, emphasizing investor protection.
4️⃣ South Korea enforced new #regulations on #crypto to curb illegal activities, aiming to safeguard assets and protect consumer interests.
5️⃣South Korea investigated #OKX for operating without registration. Crackdown aimed to foster safe, regulated #cryptomarket with stricter enforcement.
6️⃣ #Ethereum prepared for #Dencun upgrade, set for March 13. Expected to improve performance, scalability, could affect $ETH prices.
7️⃣ #Ripple's CTO David Schwartz, in an interview with Tony Edward, founder of Thinking Crypto, suggests a "reasonable chance" of SEC vs Ripple case conclusion this year raising community hopes.
8️⃣ #Hacken discovered a connection between the Ripple chairman's hack and the XRP official wallet. 213 million XRP ($112.5m) was stolen, suggesting someone from inside was involved.
9️⃣ Former #FTX CEO, Sam Bankman-Fried, ordered to appear in court by US Judge Lewis Kaplan on February 21, 2024.
🔟 #Grayscale, a major digital asset management firm, reportedly sold $41 million worth of Bitcoin amid #Bitcoin's price surge.
South Korea unveils plan for stricter #crypto #regulations to combat money laundering, enhance oversight. #CryptoNews
Measures include preemptive transaction suspension system, aligning with international guidelines, and proposed legislative amendments.
https://coinpedia.org/news/south-korea-unveils-ambitious-crypto-regulations-in-2024-work-plan/
Measures include preemptive transaction suspension system, aligning with international guidelines, and proposed legislative amendments.
https://coinpedia.org/news/south-korea-unveils-ambitious-crypto-regulations-in-2024-work-plan/
CoinPedia
South Korea Crypto Regulation: All You Need to Know About the ‘2024 Work Plan’
South Korea has introduced a groundbreaking '2024 Work Plan,' signaling a major shift in its approach to regulating virtual assets. This comprehensive
Breaking: Hong Kong's Crypto Crackdown on Over the counter(OTC) #crypto outlets #CryptoNews
🔵As per Recent Press Release by DL News Hong Kong considers crackdown on #cryptotrading shops amid concerns over fraud and illegal activities.
🔵Proposed regulations would require licenses, local offices, and transparent transaction data from OTC shops.
🔵The initiative aims to subject OTC outlets to Anti-Money Laundering and Counter-Terrorist Financing Ordinance #regulations.
🔵Traders would need licenses, disclose ownership, while peer-to-peer trading remains outside regulatory scope.
🔵As per Recent Press Release by DL News Hong Kong considers crackdown on #cryptotrading shops amid concerns over fraud and illegal activities.
🔵Proposed regulations would require licenses, local offices, and transparent transaction data from OTC shops.
🔵The initiative aims to subject OTC outlets to Anti-Money Laundering and Counter-Terrorist Financing Ordinance #regulations.
🔵Traders would need licenses, disclose ownership, while peer-to-peer trading remains outside regulatory scope.
The UK plans comprehensive #crypto legislation within six months, covering #stablecoins and staking services.
Staking to be reclassified, ensuring it's not seen as a collective investment; #regulations aim for transparency. #cryptoNews
https://coinpedia.org/news/uk-govt-to-launch-crypto-and-stablecoin-regulations-in-the-next-6-months/
Staking to be reclassified, ensuring it's not seen as a collective investment; #regulations aim for transparency. #cryptoNews
https://coinpedia.org/news/uk-govt-to-launch-crypto-and-stablecoin-regulations-in-the-next-6-months/
CoinPedia
UK Government Fast-Tracks Crypto Reform with New Stablecoin Regulations
The United Kingdom is on the verge of a major crypto overhaul with the upcoming Crypto and Stablecoin Regulations 2024. Set to roll out in the next six
SEC vs. #Ripple lawsuit unfolds, influencing #XRP's future and potentially reshaping #cryptocurrency #regulations globally.
Timeline speculates legal proceedings from 2024 to 2033, ranging from district courts to Galactic Senate involvement.
https://coinpedia.org/news/crypto-influencer-share-a-realistic-outlook-of-what-might-happen-in-ripple-lawsuit/
Timeline speculates legal proceedings from 2024 to 2033, ranging from district courts to Galactic Senate involvement.
https://coinpedia.org/news/crypto-influencer-share-a-realistic-outlook-of-what-might-happen-in-ripple-lawsuit/
CoinPedia
What to Expect Next in the Ripple vs SEC Lawsuit? Expert Details 10-Year Timeline
The SEC vs. Ripple lawsuit is one of the most anticipated events in the crypto ecosystem. XRP holders are eagerly speculating about the lawsuit's outcome,
Top #CryptoNews In Last 12 Hours
1️⃣ #Circle discontinues minting #USDC on Tron network to maintain trust, urges users to transfer holdings elsewhere.
2️⃣ Japanese #GameFi community seeks Liberal Democratic Party's help to address liquidity issues caused by strict #crypto #regulations.
3️⃣ #MicroStrategy's Michael Saylor plans to perpetually buy Bitcoin, deeming it superior to gold, real estate, predicting capital shift & has no plans to sell #Bitcoin holdings.
4️⃣ #Binance imposes USDT price cap in Nigeria to comply with local regulations, prompting traders to seek alternatives.
5️⃣ Japan's Financial Services Agency clarifies stance on #P2P crypto transfers, urging banks to prevent sender-receiver name discrepancies to curb fraud, emphasizing investor protection.
1️⃣ #Circle discontinues minting #USDC on Tron network to maintain trust, urges users to transfer holdings elsewhere.
2️⃣ Japanese #GameFi community seeks Liberal Democratic Party's help to address liquidity issues caused by strict #crypto #regulations.
3️⃣ #MicroStrategy's Michael Saylor plans to perpetually buy Bitcoin, deeming it superior to gold, real estate, predicting capital shift & has no plans to sell #Bitcoin holdings.
4️⃣ #Binance imposes USDT price cap in Nigeria to comply with local regulations, prompting traders to seek alternatives.
5️⃣ Japan's Financial Services Agency clarifies stance on #P2P crypto transfers, urging banks to prevent sender-receiver name discrepancies to curb fraud, emphasizing investor protection.
Galaxy Digital CEO Novogratz predicts #Bitcoin dip to $42,000 due to #regulations but remains optimistic for long-term growth.
#ETFs could attract major wealth players like baby boomers, driving future growth, says Novogratz. #cryptonews
https://coinpedia.org/news/galaxy-digital-ceo-warns-of-possible-bitcoin-drop-to-42000-amid-market-uncertainty/
#ETFs could attract major wealth players like baby boomers, driving future growth, says Novogratz. #cryptonews
https://coinpedia.org/news/galaxy-digital-ceo-warns-of-possible-bitcoin-drop-to-42000-amid-market-uncertainty/
CoinPedia
Bitcoin Could Drop to $42,000 Before a Long-Term Rally, Warns Galaxy Digital CEO
In a recent interview, Galaxy Digital CEO Michael Novogratz shared his thoughts on Bitcoin's future, urging caution while predicting a potential dip to
In a landmark move, the #Crypto Council for Innovation stands with #Coinbase against the #SEC, fighting for clearer crypto #regulations.
This legal battle could shape the future of crypto in the US.
https://coinpedia.org/news/crypto-council-backs-coinbase-by-filing-amicus-brief-against-sec-over-regulatory-clarity/
This legal battle could shape the future of crypto in the US.
https://coinpedia.org/news/crypto-council-backs-coinbase-by-filing-amicus-brief-against-sec-over-regulatory-clarity/
CoinPedia
Coinbase Battles SEC for Clear Crypto Regulations: CCI Joins the Fight!
In a significant move on the 18th of March 2024, the Crypto Council for Innovation (CCI) threw its weight behind Coinbase by filing an amicus brief
#Stablecoin adoption lags despite clear #regulations, with analysts projecting $2.8 trillion market in four years.
Majority of #stablecoin transactions driven by bots and traders, highlighting infancy of organic payment activity. #CryptoNews
https://coinpedia.org/news/visas-data-shows-over-90-of-stablecoin-transactions-in-april-emanated-from-crypto-bots/
Majority of #stablecoin transactions driven by bots and traders, highlighting infancy of organic payment activity. #CryptoNews
https://coinpedia.org/news/visas-data-shows-over-90-of-stablecoin-transactions-in-april-emanated-from-crypto-bots/
CoinPedia
Stablecoin 2024 Update: Are Crypto Bots Driving the $161 Billion Market?
Stablecoins have become a major player in the digital finance arena, boasting a whopping market valuation exceeding $161 billion and a daily trading
#Ripple CEO confident in lawsuit, predicts SEC loss, emphasizes clarity in #regulations, and long-term investments. #Crypto
Garlinghouse forecasts $5 trillion #cryptomarket, suggests #XRP price increase, criticizes SEC Chair Gary #Gensler.
https://coinpedia.org/news/ripple-vs-sec-brad-garlinghouse-is-bullish-on-ripples-win-in-xrp-lawsuit/
Garlinghouse forecasts $5 trillion #cryptomarket, suggests #XRP price increase, criticizes SEC Chair Gary #Gensler.
https://coinpedia.org/news/ripple-vs-sec-brad-garlinghouse-is-bullish-on-ripples-win-in-xrp-lawsuit/
CoinPedia
Ripple vs SEC: Brad Garlinghouse Predicts Win Soon; XRP to Rise?!
Ripple's CEO, Brad Garlinghouse, recently provided a detailed look into the ongoing Ripple vs. SEC battle, discussing legal tussles, market outlooks, and
#Altcoins surged due to #Bitcoin's rise and positive #crypto #regulations in key countries. #Cryptomarket
Top #altcoins like #Chainlink and #memecoins anticipate significant gains amid bullish sentiment.
https://coinpedia.org/news/top-altcoins-on-the-cusp-of-bullish-breakout-in-the-coming-weeks/
Top #altcoins like #Chainlink and #memecoins anticipate significant gains amid bullish sentiment.
https://coinpedia.org/news/top-altcoins-on-the-cusp-of-bullish-breakout-in-the-coming-weeks/
CoinPedia
Top 3 Altcoins Set for a Bullish Breakout Soon
On Friday, many altcoins saw a significant rebound, driven by Bitcoin's (BTC) impressive price jump above $66,000. Optimistic regulatory developments in
Will SAB 121 Shape the Future of #Crypto #Regulations?
Will the Tokenization Reporting Act Revolutionize #CryptoMarkets?
What to Expect from Two Major Congressional Hearings on June 5th?
#CryptoNews #Cryptobill
Click Here to Read Below 👇
https://coinpedian.substack.com/p/two-major-congressional-hearings
Will the Tokenization Reporting Act Revolutionize #CryptoMarkets?
What to Expect from Two Major Congressional Hearings on June 5th?
#CryptoNews #Cryptobill
Click Here to Read Below 👇
https://coinpedian.substack.com/p/two-major-congressional-hearings
Substack
Two Major Congressional Hearings Today: Crypto Industry Braces for Impact
How Will Congress Shape the Future of Crypto Tomorrow?