The SEC-registered investment firms offering or advising about cryptocurrencies will be a focus, and the regulator will make sure the companies “followed their respective standards of care when making recommendations, referrals, or providing investment advice,” according to a statement. Source BrokerDealersCryptoDirectsExaminersFocusPitchingSEC CryptoX Portal
The utility token of Render Network has jumped 80% over the past seven days following the passage of a new tokenomics model proposal on the network. Source
Investment management and advisory firm Goehring & Rozencwajg expects gold to hit record highs this year. “I wouldn’t be surprised to see a $3,000 price this year,” said an executive of the firm. “It’s time for people to want to be bullish on gold.” Gold Heading for ‘Record Highs’ This Year Investment firm Goehring & Rozencwajg’s managing partner, Leigh Goehring, shared his outlook for gold in an interview with Kitco News last week. Goehring has 32 years of investing experience specializing in natural resource investments. He co-manages the Goehring &…
The SEC-registered investment firms offering or advising about cryptocurrencies will be a focus, and the regulator will make sure the companies “followed their respective standards of care when making recommendations, referrals, or providing investment advice,” according to a statement. Source
CryptoX – Cryptocurrency Analysis and News Portal According to the bill, the requirements that crypto companies will have to follow include the protection of users, the security and efficiency in the development of operations, the security of public savings and the prevention of money laundering, among others. Original Source The post Argentina’s National Securities Commission to Set Requirements and Rules for Crypto Companies appeared first on CryptoX. CryptoX Portal
According to the bill, the requirements that crypto companies will have to follow include the protection of users, the security and efficiency in the development of operations, the security of public savings and the prevention of money laundering, among others. Source
Top US crypto exchange Coinbase has added sudden support for proof-of-stake blockchain Axelar, sparking a rally for its native token, AXL. Axelar is a project built using the Cosmos SDK (software development kit), and aims to deliver cross-chain communication between numerous other blockchains. Its functions include making cross-chain token transfers, calling smart contracts, or sending arbitrary messages from one chain to another. Developers can use Axelar to build decentralized applications (dApps) that allow users to interact with assets or applications on multiple chains within one platform. Says Axelar’s whitepaper, “Axelar…
File transfer service giant Wetransfer announced Monday it is collaborating with blockchain platform Minima to offer a non-fungible token (NFT) minting product in March. Wetransfer’s announcement details that users leveraging the Minima cooperative will be able to mint NFTs from a mobile device or computer. Wetransfer and Minima Partnership Aims to Bring NFT Minting to Mobile and Desktop Devices On Feb. 6, 2023, file sharing company Wetransfer, founded in 2009, revealed its entry into the NFT industry. Wetransfer announced a partnership with blockchain project Minima, a distributed communications network set…
Ishan Wahi, a former product manager at Coinbase Global Inc., has admitted to two counts of conspiracy to commit wire fraud in a case that U.S. prosecutors have labeled as the first insider trading case involving cryptocurrency. Ex-Coinbase manager pleads guilty in insider trading case https://t.co/i6fG3c3wHc pic.twitter.com/zKfjqnNpzT — Reuters (@Reuters) February 7, 2023 According to a report by Reuters, the prosecutors claimed that Wahi disclosed private information to his brother Nikhil and friend Sameer Ramani, regarding imminent announcements of new digital assets that Coinbase would enable users to trade. The…
United States Environmental Protection Agency Administrator Michael Regan and Energy Secretary Jennifer Granholm were the recipients Feb. 6 of another letter on the environmental impact of cryptocurrency mining. Eight Democratic lawmakers headed by Elizabeth Warren reached out to the officials this time. The eight lawmakers acknowledged previous replies to official correspondence asking about the agencies’ information gathering authority as it relates to energy used in crypto mining. Now they have followed up with a series of questions on practical matter relating to information gathering and the use of the information…