SEC chair suggests openness to crypto bills that don't 'inadvertently undermi...
“I look forward to working with crypto projects and intermediaries looking to come into compliance with the laws,” said Gary Gensler. United States Securities and Exchange Commission chair Gary Gensler supports legislation that gives the Commodity Futures Trading Commission greater authority over crypto — seemingly if it doesn't step on the SEC’s toes.In written remarks for a Thursday program hosted by the Practising Law Institute, Gensler encouraged intermediaries in the crypto space as well as crypto security token projects and potentially stablecoins to register with the SEC,....
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A new start-up bill payment service is coming to Canada. It's called Bylls, and the company's CEO - Eric Spano - today announced the company to the bitcoin world. What does it do? Well, exactly as the name suggests! Users and companies are able to pay their cell phone, utility, and other bills using bitcoin. Convenient, huh? "Our main goal in developing Bylls was to provide a secure and easytouse interface that would enable individuals with bitcoins to pay their bills as easily as they would using any other traditional online bill payment system," said Spano. "This is one more step....
It seemed with the ability to earn Bitcoin through selfies, buy bitcoin through a well designed exchange, and the ability toremit to the Philippines using bitcoin, Miguel had it pretty good over at Satoshi Citadel Industries, or SCI. Today I talked to them about Bills.Ninja, a service that allows people to pay for bills in the Philippines using Bitcoin. All bills are promised to be paid with in 24 hours, and only a PhP 30 fee per bill is required. Bills Ninja is a bills payment service that we have established in the Philippines for people who want to pay their bills with bitcoin without....
The crypto industry is lobbying U.S. lawmakers against two bills aimed at preventing Russian oligarchs from using cryptocurrency to avoid sanctions. The U.S. and many other countries placed sanctions on them after Russia began its invasion of Ukraine. Bills Preventing Wealthy Russians From Using Crypto to Avoid Sanctions The Blockchain Association has been lobbying U.S. lawmakers against two bills designed to prevent Russian oligarchs from using cryptocurrency to evade sanctions imposed on them after Russia began its invasion of Ukraine, CNBC reported last week. The first is a House bill....
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has reiterated that most crypto tokens are securities, emphasizing that “the law is clear on this.” However, the Commodity Futures Trading Commission (CFTC) has asked Congress for authority over crypto spot markets and several bills have been introduced in Congress this year to provide the CFTC with the necessary authority. SEC Chairman Gary Gensler on Crypto Regulation The issue of which federal agency should regulate the crypto market has gained much attention recently. While the chairman of....
The prolonged crypto winter razed off the inflated floor prices across the NFT ecosystem, inadvertently changing investor sentiment and forcing users to rethink their long-term investment strategies. The heavy involvement of the sports ecosystem is what expedited nonfungible tokens’ (NFT) mainstream adoption as the teams and players leveraged the technology for fan engagement. However, sports fans revealed their interest in moving beyond the hype and making investments based on knowledge about NFTs and trust in the issuers.The prolonged crypto winter razed off the inflated floor prices....