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SEC Chair Gensler: SEC Will Not ‘Ban’ Crypto

U. S. Securities and Exchange Commission (SEC) Chairman Gary Gensler reiterated to Congress this week that the SEC has no plans to ‘ban’ cryptocurrencies. In a direct reply to North Carolina Congressperson Ted Budd regarding any considerations of banning crypto to promote a central banking digital currency, or CBDC, Gensler stated “no, that would be up to Congress. дальше »

2021-10-6 01:06


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The U.S. Will Not Mirror China’s Ban On Cryptocurrencies, Fed Chair Powell Tells Congress

The United States will not follow the example of China in imposing an outright ban on cryptocurrencies but is looking at regulating stablecoins, the Fed Chairman said on Thursday. The Fed Has “No Intention” Of Banning Cryptocurrencies The United States Federal Reserve does not intend to ban all cryptocurrency transactions, the chairman Jerome Powell emphasized […] дальше »

2021-10-1 01:29


SEC Chair’s ‘Very Objectionable’ Approach to Crypto Sees Only ‘A Small Number’ of Cryptocurrencies as Not Securities

Gary Gensler says he’s not “negative or a minimalist about crypto,” rather standards established by Congress which can be changed by them “have a very broad definition of a security.” The post SEC Chair’s ‘Very Objectionable’ Approach to Crypto Sees Only ‘A Small Number’ of Cryptocurrencies as Not Securities first appeared on BitcoinExchangeGuide. дальше »

2021-9-15 16:20


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Panama Congress Introduces Bill to Make Bitcoin (BTC) Legal Tender

Gabriel Silver, a member of the Panamanian Congress, has floated a bill designed to make bitcoin (BTC) and other cryptocurrencies legal tender in all sectors of the nation’s economy. The bill also seeks to make Panama a hotbed for blockchain-focused businesses by implementing amenable crypto regulations in the state, according to reports on September 7,Read More дальше »

2021-9-8 21:00


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Ted Cruz Makes Shocking Reveal About Effects Of New Crypto Tax Rules As Jack Dorsey Pleads With Senate To Reconsider

The U.S cryptocurrency community has spent the last week battling Congress over the proposed Bipartisan Infrastructure Bill that has a provision that defines “brokers” in the cryptocurrency industry as “any person who (for consideration) is responsible for regularly providing any service effectuating transfers of digital assets on behalf of another person.”  Along with the crypto […] дальше »

2021-8-10 17:42


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Ethereum Tops $3,000 As Bull Rally Continues, Hitting Its Highest Level Since May

On August 7, Ethereum crossed above $3K in an ongoing crypto market rally, hitting a three-month high. ETH Is Breaking Out The past few days have been interesting for the crypto markets. Talk regarding dueling amendments to a cryptocurrency tax reporting requirement in the United States bipartisan infrastructure bill being passed in Congress has been […] дальше »

2021-8-8 17:23


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CFTC Commissioner Brian Quintenz Fires Back At SEC, Affirms It Has No Authority Over Crypto Assets

Cryptocurrencies have received a lot of heat in recent times as governments have tried to bring the runaway “wildcat” industry under regulation. US regulatory bodies, courts, and Congress are all brainstorming how to favorably satisfy the public’s expectation of them concerning cryptocurrencies. дальше »

2021-8-7 23:09


Paraguay’s Proposed Bitcoin Bill to Regulate Cryptocurrency Trading and Mining

After El Salvador, Paraguay is taking essential steps towards regulating cryptocurrency by introducing a new bill developed by Congressman Carlos Rejala and Senator Fernando Silva Facetti. While Rejala’s party only holds two seats in Congress, Facetti is a leader in one of the main opposition parties in the country, the Authentic Radical Liberal Party, which […] The post Paraguay’s Proposed Bitcoin Bill to Regulate Cryptocurrency Trading and Mining first appeared on BitcoinExchangeGuide. дальше »

2021-7-15 19:34


A Surge in Crypto Prices Reflects An “Increased Risk Appetite,” says Fed in its Monetary Policy Report

For the first time, the Federal Reserve has singled out the surge in cryptocurrency asset prices in its overall assessment of the stability of the financial system. In the brief comment revealed in the Fed’s semi-annual Monetary Policy Report to Congress released on Friday, the central bank said the rise reflected increased risk-taking by investors. дальше »

2021-7-12 15:28


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A Bitcoin ETF Won’t Be Coming Any Time Soon Despite Expectations. Former CFTC Boss Explains Why

A Bitcoin Exchange Traded Fund, which is a Bitcoin derivative product that allows people to bet on Bitcoin price without owning the underlying asset, is not to be expected any time soon. Instead, it would have to wait until Congress strengthens cryptocurrency regulation according to former Commodity Futures Trading Commission (CFTC) Chairman Timothy Massad. Meanwhile, […] дальше »

2021-7-10 17:51