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, reiterating his “come in and talk to us” approach. According to the SEC chair, the “vast majority” of the roughly 10,000 tokens on…
Day: September 8, 2022
Xiden Developer CryptoDATA Announces New Project to Defend the Crypto Space From Asset Losses – Press release Bitcoin News
press release PRESS RELEASE. CryptoDATA Tech, the Xiden blockchain developer and MotoGP Austrian Grand Prix’s title sponsor until 2024, is joining a new project that provides highly sought-after safeguards for crypto users. CryptoDATA Tech is partnering with Martoms Brothers & Co and several reinsurance companies to create a mutual guarantee fund that will provide safety for any crypto user and project that chooses its services. The project will be launched in September and will offer revolutionary products and services that will guarantee its users protection against crypto losses due to…
Venture Capital Firm MetaWeb Raises $30M for Early-Stage Crypto Startups
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Crypto Terra Luna Classic Surges as Traders Speculate on New Supply Burn Rule
However, the price rise may prove to be short-lived as the new fee parameter is unlikely to attract new investors to the blockchain, according to Edward Moya, senior market analyst at Oanda. “It still remains a tough period for crypto in general and investors still have a bad Terra taste in their mouth from the collapse earlier in the year,” he told CoinDesk. Source
UK Crypto Hub Goal Continues: Treasury Official
“By making this country a hospitable place for crypto technologies, we can attract investment, generate new jobs, benefit from tax revenues, create a wave of groundbreaking new products and services and bridge the current position of [the] U.K. financial services into a new era,” Fuller said in the debate. Source
Federal Reserve to Act ‘Forthrightly, Strongly’ Until Inflation ‘Job Is Done,’ Powell Says
In the U.S. “the clock is ticking” on inflation, forcing the Fed to act quickly, Powell said. The Federal Open Market Committee (FOMC), the Fed’s rate-setting body, next meets Sept. 20-21 and – following a string of hawkish remarks over the past couple of weeks – is widely expected to lift its benchmark Fed funds rate by another 75 basis points. Source
Why Traditional Investors May Not Love DAOs
A governance vote this summer canceling a SAFT investor agreement in a DAO sent shockwaves through investor ranks, says Tanvi Ratna. Source
Is Bitcoin a safe investment? | Michael Saylor and Lex Fridman
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Lex Fridman Podcast full episode: Please support this podcast by checking out our sponsors: – Scale: – Coinbase: to get $10 in free Bitcoin – Audible: to get $9.95 a month for 6 months – NetSuite: to get free product tour – SimpliSafe: and use code LEX GUEST BIO: Michael Saylor is the CEO of MicroStrategy and a prominent holder and proponent of Bitcoin. PODCAST INFO: Podcast website: Apple Podcasts: Spotify: RSS: Full episodes playlist: Clips playlist: SOCIAL: – Twitter: – LinkedIn:…
ATOM Hits 4-Month High, NEAR up 10% on Thursday – Market Updates Bitcoin News
Cosmos moved to a four-month high in today’s session, as crypto markets rebounded following Wednesday’s sell-off. Prices of the token broke out of a key resistance point this afternoon, reaching the milestone. Near protocol was another notable mover, as it hit a three-week high. Cosmos (ATOM) Cosmos (ATOM) raced to a four-month high this afternoon, as prices of the token broke out of a key price point. Following a low of $11.98 on Wednesday, ATOM/USD rose by nearly $2.00 in today’s session, hitting a high of $13.92 in the process.…
Brazil Exceeds 1M Registered Crypto Users in July for First Time as Number Grows 68% in a Month
The report included crypto purchases made on Brazilian exchanges only, because foreign platforms are not obliged to comply with local regulation 1888, which, in 2019, required crypto companies to report Brazilian users’ transactions to the authority. Source