SEC Chair Declares ‘Crypto’s Time Has Come’ In Latest Statement – Get The Ful...
Paul Atkins, the newly appointed chair of the US Securities and Exchange Commission (SEC), has boldly declared that “crypto’s time has come,” marking a pivotal moment in the regulator’s approach to digital assets. Atkins Declares End To ‘Weaponization’ Of Regulation Delivering a keynote address at the inaugural OECD roundtable on global financial markets, Atkins expressed his commitment to unlocking the potential of digital assets in the United States, highlighting the impact of new technologies on global finance. Related Reading: WLFI Price Dips 7% As Eric Trump Leaves World....
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Concerns about a potential crypto bubble have intensified over the past few days, with industry leaders like Arjun Sethi, co-CEO of crypto exchange Kraken, voicing alarm over the current state of the digital asset landscape. Sethi Warns Of Short-Term Crypto Bubbles In a recent interview with Fortune at the Brainstorm Tech conference in Park City, Utah, Sethi acknowledged the presence of a bubble when examining short-term market trends. During the panel discussion, Sethi noted, “If you look at it quarter by quarter, the answer is yes, we get into those bubbles all the time.” Related....
Colombia's Central Bank, the Banco Central de Colombia, has reportedly released a statement relating to bitcoin. In that statement, the Central Bank declares that bitcoin is not a currency, nor is it legal tender in the South American country, according to El Espectador. The Bank's statement fortified that the single monetary unit of Colombia is the peso and that bitcoin isn't considered a currency because it is, by nature, not backed by a central banking authority. Last week, the country's Financial Supervisory Authority released a statement that listed risks associated with the digital....
New SEC Chair declares 'Nakamoto Invention Is Real' while warning exchanges about trading digital asset securities.
The Mt. Gox website currently fails to load. As Mt. Gox have been using Cloudflare since the DDOS attacks which crippled the exchange last year, the most likely explanation is that the site has been taken down by the owners. - It's no secret that Mt. Gox has been sick for a long time. Last year the exchange had major lag and legal problems, this year withdrawal fiat and then Bitcoin was suspended amid a public relations fiasco. Now the grim prospect of insolvency faces all Gox customers. It now seems the axe is falling on Gox. A post appearing on the Blockchain.info and Coinbase blogs,....
China’s Supreme Court adds fuel to the fire after the Russian military attacks on Ukraine slipped the crypto market cap to 1.5 trillion. The court declares crypto-fundraising illegal and determines jail time and fines for suspected persons. To be clear, the new bill announced on Thursday is an amendment to previous legislative documents regarding cryptocurrency […]