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"I've asked staff to look at every way to get these platforms inside the investor protection remit," he said.Jan 20, 2022 at 12:52 p.m. UTCUpdated Jan 20, 2022 at 1:12 p.m. UTCGary Gensler, Chair of the U.S. Securities and Exchange Commission. (Evelyn Hockstein-Pool/Getty Images) Source
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Bitcoin (BTC) fell more than 2% from local highs during Jan. 13 in the latest move to keep market participants guessing about what’s to come for the largest digital asset. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView“One step at a time”Data from Cointelegraph Markets Pro and TradingView tracked the pullback for BTC/USD
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Welcome to the latest edition of Cryptox’s decentralized finance, or DeFi, newsletter.In a week where DeFi’s parabolic growth continued elsewhere, the United States Securities and Exchange Commission Chair Gary Gensler threatened to tackle stablecoins.What you’re about to read is the smaller version of this newsletter. For the full breakdown of DeFi’s
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Investor advocacy groups urged SEC chair Gary Gensler to more tightly regulate the cryptocurrency industry in a letter on Monday, according to a report by Bloomberg.The letter signed by Americans for Financial Reform Education Fund, the Consumer Federation of America and others, specified stablecoins, crypto lending and exchanges as key
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Tether has been facing a lot of pressure from regulatory authorities. Now, the attention of the watchdogs has shifted to its commercial paper reserve. As a result, this week has been very hot for the company. The regulators focus their attention on what makes up the Tether reserves. Related Reading | Cardano
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Amidst the constant scrutiny met from global financial institutions as well as regulators, Binance has decided to reduce trade risks by adopting two measures.In addition to the delisting of the margin trading pairs, Binance has also decided to bring down the maximum leverage from 100x to 20x.Binance is the world’s
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The US National Highway Traffic Safety Administration (NHTSA) opened an investigation of 115,000 Tesla vehicles over front suspension safety issues.Tesla Inc (NASDAQ: TSLA) stocks were up approximately 1.71% to trade around $583.88 during Friday’s pre-market. TSLA stock closed yesterday trading at $574, up 3.35% during the day. Today as the
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Self-regulation is once again a trending topic in the cryptocurrency landscape as major exchange platforms have announced the creation of self-regulated organizations (SROs) to achieve some standardization in digital currency governance. Government regulators across various jurisdictions continue to exert greater regulatory pressure on their local cryptocurrency industries.Even inter-governmental agencies like
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At least three investors in Facebook’s Libra cryptocurrency are considering disassociating with the currency following intense regulatory pushback. According to a report published in the Financial Times on Friday, some backers are fearful that the spotlight placed on the social media giant’s proposed cryptocurrency will also bring their own separate, independent
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