News about SEC

News about Sec

Treasury Secretary reportedly against amending crypto language in infrastructure bill

Janet Yellen's position on a "compromise" amendment proposed yesterday is unclear, but she reportedly raised objections to the language on crypto put forth by Senators Wyden, Lummis and T...

New SEC Regulations Add Cryptocurrency Under Security-Based Swap Rules

The cryptocurrency industry might soon be flooded with different kinds of rules to checkmate its operations. The recent developments in the sector point towards a new SEC rule that will guide the security swaps occurring in many financial assets, inc...

Treasury Secretary Yellen is Lobbying Senators to Reject the (Good) Wyden-Lummis-Toomey Infrastructure Bill Amendment

submitted by /u/yenachar [link] [comments]

Play-and-earn is the secret to mainstream NFT gaming adoption

Many blockchain games are being created and promoted as blockchain games, not great games where decentralized tech is just one element. Since 2017, dozens of projects...

NFT mystery boxes sell out in less than a second? How is the average person supposed to beat a bot?

Title. I spammed where the buy button pops up from 5 seconds on the counter and as soon as it shows up they are out of stock. Terrible system. submitted by /u/PipsiiCola [link] [comments]

Listen to Me Extremely Carefully on The Second Portman Bill Amendment Banning DeFi

Some of you may be tempted to go along with this last minute backstab by Portman and Warner where they completely remove protection for anyone in the space who is not a PoW miner or provider of software and hardware to secure private keys....

The world’s second-biggest cryptocurrency is rallying more than bitcoin

submitted by /u/Clean_Eyes [link] [comments]

Bitcoin Set To Outperform In Second Half Of 2021, Bloomberg Analyst

As Bitcoin continues its tumultuous run through the market, analysts continue to see big things in store for the cryptocurrency. Bloomberg analyst Mike McGlone recently said in the August Edition of the Bloomberg Galaxy Crypto Index (BGCI) that the c...

Invesco files with SEC for Bitcoin ETF without direct BTC exposure

The Invesco Bitcoin Strategy ETF may “at times” invest in Bitcoin ETFs listed outside of the United States. Atlanta-based investment company Invesco is planning to la...

SEC chairman said he’d be more open to a #Bitcoin ETF if it was based on futures. 24hrs later, both Invesco and ProShares have filed Futures-based #Bitcoin ETFs.

SEC chairman said he’d be more open to a #Bitcoin???? ETF if it was based on futures. 24hrs later, both Invesco and ProShares have filed Futures-based #Bitcoin???? ETFs. submitted by /u/Ok_Department_9565 [link] [comments]

We should not fear SEC Chairman Gary Gensler.

Gary Gensler isn't just another boomer regulator who wants to ban Bitcoin, he taught a course at the Massachusetts Institute of Technology on all the intricacies of blockchain and understands the nuances of this industry better any regulator I...

SEC has no authority over crypto, CFTC commissioner argues

Former CFTC Chair Christopher Giancarlo argued that the CFTC is the only U.S. regulatory agency that has experience regulating markets for Bitcoin and crypto. Amid the...

Ripple granted access to Binance’s records in SEC securities case

The documents may provide critical evidence that CEO Brad Garlinghouse was acting outside of the SEC’s jurisdiction. The ongoing case between fintech firm Ripple and...

SEC Has No Authority Over Pure Commodities Like Crypto Assets, Says CFTC Commissioner

Both the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have claimed jurisdiction over the crypto industry. A CFTC commissioner clarified that pure commodities, including crypto assets, or their trad...

SEC Chairman who Called Crypto "Scam" and "Fraud" has Worked nearly 20 Years as Banker for Goldman Sachs: Conflict of Interest?

submitted by /u/Dwez1337 [link] [comments]

SEC Chair Gensler Outlines Plans for Crypto Trading, Exchanges, Investor Protection, Bitcoin ETFs

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has outlined how the SEC plans to regulate the crypto industry. Focusing on investor protection, Gensler discussed concerns the SEC has about crypto trading, exchanges,...

Don't be confused, When Gary Gensler the chair of the SEC says bitcoin needs more regulation to protect national security, he isn't talking about our safety.

Gensler unfortunately understands bitcoin better than most people in his position of power and when he's referring to regulating bitcoin for matters of national security, he means that he knows bitcoin will undermine the scam that is the U.S. dol...