In this edition of the Bitcoin.com News week in Review: never-before-seen notations discovered from Bitcoin creator Satoshi Nakamoto, an update on progress toward the next Bitcoin halving event, Mad Money’s Jim Cramer challenging crypto investors to bet against him, and more. Sleuth Discovers Satoshi’s Long-Lost Bitcoin Version 0.1 Codebase, Raw Code Contains Bitcoin Inventor’s Never-Before-Seen Personal Notations On October 7, 2022, a bitcoin supporter named Jim Blasko claimed that he discovered the oldest upload of Bitcoin’s version 0.1 codebase. The original code was thought to have been lost for more…
Tag: SEC
US Lawmaker Calls on SEC to Issue Crypto Regulations — Says ‘a Formal Regulatory Process Is Needed Now’ – Regulation Bitcoin News
A U.S. senator has called on the Securities and Exchange Commission (SEC) to issue crypto regulations now “through a transparent notice-and-comment regulatory process.” He stressed that “some digital assets are securities, others may be commodities, and others may subject to a completely different regulatory regime.” US Senator Calls for ‘Transparent Notice-and-Comment Regulatory Process’ to Regulating Crypto Assets U.S. Senator John Hickenlooper (D-CO) has sent a letter to the chairman of the Securities and Exchange Commission (SEC), Gary Gensler, regarding crypto regulations. In his letter dated Oct. 13, the senator told…
The SEC should be aiming at Do Kwon — But it’s getting distracted by Kim Kardashian
In less than a week, Terraform Labs founder Do Kwon’s passport will expire. Interpol issued a red notice for Kwon last month, and this month, his assets were reportedly frozen by the South Korean government. Kwon has been tweeting freely in response — and almost always denies the reports. “I don’t know whose funds they’ve frozen, but good for them, hope they use it for good,” he wrote in one message. Playing a game of cat and mouse with both the authorities and the public, Kwon seems to be living…
SEC Chairman Says CFTC Should Get More Power to Oversee Stablecoins: Report
Gensler pointed out that the CFTC does not have direct authority to write rules for the firms that issue stablecoins. Source
Finder’s Experts Expect XRP to Spike to $3.81 by 2025 if Ripple Wins SEC Lawsuit – Markets and Prices Bitcoin News
Following the recent ethereum price predictions report, 55 crypto and fintech experts chosen by the product comparison web portal, finder.com, shared their forecasts associated with the crypto asset xrp, often referred to as ripple. Finder’s experts believe xrp could spike to $3.81 per unit by the end of 2025 if Ripple Labs wins the lawsuit against the U.S. Securities and Exchange Commission (SEC). Finder’s Specialists Assume Ripple’s Lawsuit With SEC Will Determine Future Price 55 specialists chosen by Finder have shared their predictions concerning xrp’s (XRP) future value, and the…
US lawmaker says crypto regulation from SEC is ‘needed now’
John Hickenlooper, a United States Senator representing Colorado, has penned a letter to Gary Gensler urging the Securities and Exchange Commission chair to establish “clear rules” for the crypto market. In an Oct. 13 letter, Hickenlooper called on the SEC to take action on regulatory issues including identifying the cryptocurrencies that will be considered sasecurities, establishing registration guidelines for trading platforms, and “determining what disclosures are necessary for investors to be properly informed.” According to the senator, the lack of a coordinated regulatory framework from the government has led to…
US Democrat Senator John Hickenlooper Criticizes Gary Gensler's Approach to Crypto at SEC
U.S. Senator John Hickenlooper (D-Colo.) has become one of the first Democratic senators to publicly criticize the slow approach to crypto taken by Gary Gensler, chair of the U.S. Securities and Exchange Commission (SEC). Source
Ripple CEO Anticipates Answer in SEC Lawsuit Over XRP in the First Half of 2023 – Regulation Bitcoin News
Ripple CEO Brad Garlinghouse says he thinks “we’ll have an answer in the first half of next year” in the U.S. Securities and Exchange Commission (SEC) lawsuit over xrp. Maintaining that xrp is not a security, the executive stressed that the case “is about the whole industry” and “Everyone acknowledges how important this is.” Ripple’s CEO Expects Answer in First Half of Next Year Ripple CEO Brad Garlinghouse talked about the timeframe of the lawsuit by the U.S. Securities and Exchange Commission (SEC) over the sale of XRP during an…
Grayscale Sues SEC Over $12 Billion Bitcoin Trust-ETF Decision
Summary: The opening brief by Grayscale in a lawsuit against the U.S. Securities and Exchange Commission called the regulator’s decision “capricious” and “discriminatory”. Gary Gensler’s federal agency rejected the digital asset manager’s application to convert its $12 billion Bitcoin spot trust into a Bitcoin exchange-traded fund. The switch in fund structure could help stem the rising GBTC discount, returning the fund’s BTC offering to “net asset value”. The SEC cited fraud risks and market manipulation as the primary reasons for the decision. A lawsuit has been launched by Grayscale Investments…
Grayscale fires first salvo in case against SEC over Bitcoin ETF refusal
The SEC must submit its brief by Nov. 9. After that, Grayscale will then submit a reply brief on Nov. 30 before both parties submit a final brief on Dec. 21. Digital asset manager Grayscale has filed its opening brief against the U.S. Securities Exchange Commission (SEC) to challenge its decision denying Grayscale’s application to convert the Grayscale Bitcoin Trust (GBTC) to a spot Bitcoin ETF. The world’s largest digital asset management firm filed its opening legal brief on Oct. 11 in the U.S. Court of Appeals in the District…