Tag: Regulation

Bitcoin and crypto regulation must be bipartisan

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In a recent discussion on CNBCโ€™s Squawk Box, Anthony Scaramucci, founder of SkyBridge Capital, emphasized the importance of bipartisan support for Bitcoin and crypto regulation. Scaramucci highlighted the urgency of bipartisan cooperation in shaping crypto policies. โ€œWe need to make Bitcoin and the regulation around blockchain and cryptocurrency bipartisan,โ€ he said. He and prominent figures like Mark Cuban and Michael Novogratz have been in discussions with White House officials to convey the risks associated with what he termed as the โ€œGary Gensler, Elizabeth Warren, anti-crypto approach.โ€ The SkyBridge Capital founder…

SEC Enforcement Director Calls for Stronger Crypto Regulation Citing Rising Investor Harm

Gurbir S. Grewal, Director of the U.S. Securities and Exchange Commission (SEC)โ€™s Division of Enforcement, addressed crypto regulation at the William & Mary Business Law Reviewโ€™s Symposium earlier this month. He stressed the need to enforce federal securities laws in the evolving crypto market. Grewal noted that the principles-based definition of securities from the 1946 [โ€ฆ] Source BitcoincryptoexchangeExchanges CryptoX Portal

Congressman Calls for SEC Chairโ€™s Dismissal Over โ€˜Regulation by Harassmentโ€™

House Majority Whip Tom Emmer has criticized U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler, accusing him of โ€œregulation-by-harassment,โ€ and calling for his dismissal. The congressman has consistently opposed Genslerโ€™s regulatory practices, supporting legislative reforms for the SEC. He argues that Genslerโ€™s approach undermines the securities regulatorโ€™s mission to protect investors and maintain orderly [โ€ฆ] Source BitcoincryptoexchangeExchanges CryptoX Portal

Tech Coalition Urges Biden to Lead on Cryptocurrency Regulation

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In a recent letter to U.S. President Joe Biden, the Chamber of Progress, a tech industry coalition, called for comprehensive cryptocurrency regulation. The group emphasized the importance of a clear regulatory framework for digital assets, highlighting the potential benefits for both investors and the U.S. economy. Chamber of Progress to Biden: Seize Opportunity for Comprehensive […] Source

Global South View: US Politicians Arenโ€™t Saviors of Crypto; Innovation Should Precede Regulation

Donald Trump and other U.S. politiciansโ€™ embrace of crypto has sparked hope and encouraged stakeholders who see lobbying as a way to influence policymakers. However, lingering doubts about the sincerity of politicians should serve as a warning, reminding innovators that they thrive when prioritizing usersโ€™ needs over political interests. Crypto Emerges as a Key Election [โ€ฆ] Source CryptoX Portal

crypto will get positive regulation ‘no matter who wins’ election

Galaxy Digital founder and CEO Mike Novogratz told CNBCโ€™s โ€˜Squawk Boxโ€™ on Tuesday that the US crypto sector is headed for positive regulations regardless of who wins the upcoming election. Mike Novogratz, one of the biggest crypto bulls, shared his outlook during an interview that touched on the current US political scene, Bidenโ€™s disastrous debate and crypto. The billionaire asserted that despite the current status of crypto regulation in the US, he believes the next regime will take a positive stance and help the industry grow. โ€œI am not a…

The Two-Class System of Regulation Plaguing Europe

In the rapidly evolving landscape of digital finance, the emergence of crypto assets has introduced unprecedented challenges as well as opportunities for regulators who provide proactive frameworks across the globe. The European Union is the largest government body that has done so through the Markets in Crypto-Assets Regulation (MiCAR), however, it finds itself at a [โ€ฆ] Source CryptoX Portal

Will crypto regulation change after the SEC’s head of the crypto left?

David Hirsh, the former head of the Cryptocurrency and Network Division at the U.S. Securities and Exchange Commission, has left his position. In his LinkedIn post, he called securities trading a โ€œteam sport.โ€ He thanked his SEC colleagues for their cooperation and joint efforts to achieve a common goal. โ€œAs I often say, securities enforcement is a team sport, and that was certainly true throughout my tenure. Every success I was a part of was the direct result of collaboration and combined efforts towards a common goal. Thanks to all…