Cryptocurrency Analysis and News Portal
Significant developments for Ethereum (ETH) holders unfolded this month with the submission of official Ethereum ETFs to the U.S. SEC for consideration. If approved, it could reshape Ethereum’s landscape by facilitating institutional investment. Meanwhile, investors are actively participating in the Meme Mogul (MGLS) presale, a project aspiring to become a meme-backed stock
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Gary Gensler alluded that cryptocurrency operators tapping legal consultants could be doing so due to their supposedly unlawful securities offerings. Gensler, Chairman of the U.S. Securities and Commission (SEC), reiterated skepticism regarding crypto service providers and their lack of compliance with existing financial laws overseeing the world’s largest capital market. Furthermore, the
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“The lack of compliance by these crypto platforms means that you don't have basic investor protections,” Gensler said in his “Office Hours” video series. “These are things like rulebooks and surveillance to prevent fraud and manipulation. Or appropriate custody and segregation of customer assets, so they don't get misused or
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Crypto investors are fleeing Circle Internet Financial’s USD coin (USDC) stablecoin, with many of them switching to tether, another stablecoin, which has reached a 22-month high in market share. Net outflows from USDC have surpassed $10 billion since March 10 That's when regulators shuttered Silicon Valley Bank, a firm Circle
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