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The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has published a video explaining how the agency plans to regulate crypto exchanges. “I’ve asked our staff to work directly with the platforms to get them registered and regulated,” the SEC chief revealed. SEC Chairman Gary Gensler’s Video About
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Giancarlo, now a senior counsel at law firm Willkie Farr & Gallagher, said that while the restructuring proposal is only a starting point for the Hoboken, N.J.-headquartered lending platform, it will be the first time a federal bankruptcy court will weigh in on a crypto collateral-based bankruptcy. Original Source
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Bitcoin, he said, for now remains “caught up in this speculative mania,” whose global collapse still isn’t complete. He returned to the Amazon example, noting it took some time for that company to recover. Indeed, it was several years until the stock of the online retailer caught up to and
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“A lot of people have losses who didn't understand the risks they were taking,” former Commodity Futures Trading Commission (CFTC) Chairman Timothy Massad said on CryptoX TV’s “First Mover,” following the freezing of account withdrawals on crypto trading platform Celsius. Source
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The chairman of the U.S. Commodity Futures Trading Commission (CFTC) says he is certain bitcoin and ether are commodities. He outlined how his agency is working with the U.S. Securities and Exchange Commission (SEC) to regulate the crypto sector, noting that “there are no customer protections right now in the
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The central bank is concerned about inflation, now at its highest in four decades Powell, however, expects inflation will diminish this year as supply constraints ease and demand moderates because of the shrinking effects of fiscal stimulus and tighter monetary policy. Source
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The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says the securities regulator is working with the Commodity Futures Trading Commission (CFTC) on crypto regulation. In addition, he said the SEC is “trying to work with various crypto platforms, exchanges, lending platforms” to ensure investor protection. SEC Chair
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The U.S. Securities and Exchange Commission (SEC) has brought 97 cryptocurrency enforcement actions so far. Furthermore, the securities regulator has imposed approximately $2.35 billion in total monetary penalties against digital asset market participants. 97 Crypto Enforcement Actions Cornerstone Research published a report titled “SEC Cryptocurrency Enforcement: 2021 Update” last week. The report
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The U.S. Securities and Exchange Commission (SEC) is focusing on bringing cryptocurrency exchanges “inside the investor protection remit,” Chairman Gary Gensler has revealed. “If the trading platforms don’t come into the regulated space, it’d be another year of the public being vulnerable,” he stressed. SEC Focusing on Regulating Crypto Exchanges The chairman
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Additional board members named were FTX US Derivatives CEO Zach Dexter, who previously served as CEO for LedgerX; Managing Director and Head of Diverse Talent Management and Advancement at DTCC Keisha Bell; Avanti CTO Bryan Bishop; Trader at Grapefruit trading Joe Keefer; President of Baton Systems Jerome Kemp; VP and
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