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Former MAS chair who called crypto ‘highly risky’ wins Singapore’s presidential race

Tharman Shanmugaratnam, former chair of the Monetary Authority of Singapore, has won the election for the city-state’s presidency with more than 70% of the vote.According to multiple reports from Sept. 2, Shanmugaratnam defeated presidential candidates Ng Kok Song and Tan Kin Lian to become the next president of Singapore with

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Former SEC chair Jay Clayton predicts inevitable approval of Bitcoin ETF

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Former Securities and Exchange Commission (SEC) Chairman Jay Clayton has expressed his belief that the approval of a spot Bitcoin Exchange-Traded Fund (ETF) is “inevitable.” Clayton stated that there is a big likelihood for a spot Bitcoin

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Former SEC chair says spot Bitcoin ETF approval is ‘inevitable’ despite delays

Following the United States Securities and Exchange Commission (SEC) delaying decisions on several spot Bitcoin exchange-traded funds, former commission chair Jay Clayton said he believed approval was still going to happen at some point.In an Sept. 1 interview with CNBC, Clayton said major financial institutions backing spot Bitcoin (BTC) investment

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Republican Lawmaker McHenry Demands SEC Chair Gary Gensler Explain How Prometheum Got Approval

The letters raise “serious questions” about whether the SEC championed Prometheum as a poster firm to represent Gensler’s position that no new laws are needed to regulate and police crypto in the U.S., just as McHenry’s committee was about to send digital assets legislation to the House floor. For its

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No impact from Ripple ruling? SEC chair cites risks from crypto in budget request

United States Securities and Exchange Commission (SEC) Chair Gary Gensler has called for “new tools, expertise, and resources” aimed at addressing misconduct in the crypto space in the regulator’s 2024 budget request.In prepared testimony for a July 19 hearing of the Subcommittee on Financial Services and General Government with the

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SEC Chair Gary Gensler Cites ‘Wild West’ of Crypto in Case to Increase Agency’s Budget

The SEC employed 4,685 people in 2023, with roughly half focusing on enforcement and examinations duties, according to data Gensler shared in his remarks. The additional funding would help the agency add 170 positions to its teams, in addition to providing full-year funding for staff members hired in 2023, potentially

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