🤡 SEC Head: “The Crypto Industry must comply with securities Laws!”
- “We have seen a lot of problems in the crypto market, because the industry does not comply with the laws.”
- “Most cryptocurrencies fall under the jurisdiction of the SEC.“
- “Coercive measures against the crypto industry were taken to protect investors.”
Gary Gensler will address the Senate Banking Committee today.
@Сryptoz ₿
- “We have seen a lot of problems in the crypto market, because the industry does not comply with the laws.”
- “Most cryptocurrencies fall under the jurisdiction of the SEC.“
- “Coercive measures against the crypto industry were taken to protect investors.”
Gary Gensler will address the Senate Banking Committee today.
@Сryptoz ₿
🔥 Companies awaiting decisions on spot Bitcoin ETFs:
- BlackRock (assets under management = 10 trillion.$)
- Fidelity (4.5 trillion$)
- Franklin Templeton (1.5 trillion$)
- Invesco Galaxy (1.5 trillion$)
- WisdomTree ($87 billion)
- VanEck ($61 billion)
- GlobalX ($40 billion)
- ARK Invest ($14 billion)
- Bitwise ($1 billion)
- Valkyrie ($1 billion$)
The amount of assets under management of all companies exceeds $17.7 trillion!
CoinGecko: Market Cap of the total crypto market = 1.1 trillion.$
@Сryptoz ₿
- BlackRock (assets under management = 10 trillion.$)
- Fidelity (4.5 trillion$)
- Franklin Templeton (1.5 trillion$)
- Invesco Galaxy (1.5 trillion$)
- WisdomTree ($87 billion)
- VanEck ($61 billion)
- GlobalX ($40 billion)
- ARK Invest ($14 billion)
- Bitwise ($1 billion)
- Valkyrie ($1 billion$)
The amount of assets under management of all companies exceeds $17.7 trillion!
CoinGecko: Market Cap of the total crypto market = 1.1 trillion.$
@Сryptoz ₿
🏠 SEC considers seals to be securities
The U.S. Securities and Exchange Commission continues to accuse the creators of NFT of illegal placement of securities. This time, the person involved in the case was the creator of the "Stoner Cats" collection.
"Regardless of whether your offer includes beavers, chinchillas or animal-based NFTs, in accordance with federal securities laws, it is the economic reality of the offer, not the labels you put on it or the underlying objects, that determines what is an investment. a contract and, therefore, a security," said Gurbir S. Grewal, director of the SEC's Enforcement Division.
@Сryptoz ₿
The U.S. Securities and Exchange Commission continues to accuse the creators of NFT of illegal placement of securities. This time, the person involved in the case was the creator of the "Stoner Cats" collection.
"Regardless of whether your offer includes beavers, chinchillas or animal-based NFTs, in accordance with federal securities laws, it is the economic reality of the offer, not the labels you put on it or the underlying objects, that determines what is an investment. a contract and, therefore, a security," said Gurbir S. Grewal, director of the SEC's Enforcement Division.
@Сryptoz ₿
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