Crypto advocates file brief against SEC's investor tracking database
The Consolidated Audit Trail would gather a monumental amount of data, and more than it is meant to when it exposes the identity of crypto wallet holders.
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Bringing crypto market ‘into the light’ doesn’t address enforcement: CFTC chair
"Bringing this market into the light ... will only allow us to see what’s going on underneath the hood," said Rostin Behnam. 352 Total views 5 Total shares Commodity Futures Trading Commission chair Rostin Behnam is looking to members of Congress to address the Commission’s lack of enforcement authority in the digital asset space.At a…

Ethereum Classic Name Change Would Get Other Cryptos ‘Rekt,’ Says Dev
Ethereum Classic Labs’ Stevan Lohja says that many top cryptos would be “rekt” by Ethereum Classic (ETC) if it removed “Ethereum” from its name.In a tweet posted on Aug. 11, Lohja — who works as technology coordinator at Ethereum Classic Labs — wrote:“Opinion: Many #cryptocurrency in the top market cap would be absolutely #Rekt by…

Maryland State Government Participating in ‘Operation Cryptosweep’
The Attorney General of Maryland announced that the state is participating in “Operation Cryptosweep.”Maryland Attorney General Brian E. Frosh announced that state regulators would be participating in the initiative in a press release published on Aug. 14.“Operation Cryptosweep” is a joint initiative of state and provincial securities regulators in the United States and Canada, wherein…

Messari: 1% Allocation From Institutions Could Drive BTC to $50,000
Crypto research firm Messari has estimated that Bitcoin could trade for $50,000 each if institutions allocate a low-single-digit portfolio percentage to BTC. 2243 Total views 69 Total shares Messari’s Ryan Watkins has crunched the numbers and predicts that if institutions allocate just 1% of their portfolios to Bitcoin, then BTC’s market cap could rise to…

BCG Report Offers ‘Reality Check’ for Blockchain in Commodities Trading
Major U.S. consulting firm Boston Consulting Group (BCG) has released an in-depth report August 16, which it dubs a “reality check” for the use of blockchain in the commodity trading industry. For commodities trading, BCG argues that there is a strong argument for using blockchain, while taking stock of “significant drawbacks on several fronts.” The…

Saudi Arabia partners with The Sandbox for future metaverse plans
In a partnership ceremony at the LEAP 2023 conference in Saudi Arabia, the Sandbox entered into an MOU with the government of Saudi Arabia for future metaverse development. 627 Total views 12 Total shares Own this piece of history Collect this article as an NFTInitiatives toward metaverse development continue to be a significant focus and…

Bank of Japan governor slams Bitcoin, calls BTC a speculative asset
The BOJ governor says Bitcoin is a speculative play while issuing warnings over price volatility. 2522 Total views 6 Total shares Haruhiko Kuroda, governor of the Bank of Japan has joined the roll call of central bankers taking aim at Bitcoin (BTC) amid the current volatility.According to a report by Bloomberg on Friday, Kuroda argued…

Bull or bear market, creators are diving headfirst into crypto
After an astronomical bull run into the beginning of this year that was followed by an abrupt halt and 50% drop since April, crypto markets are at a fork in the road right now. Where they go next could inform us about how market conditions impact mainstream adoption via artists, creators and celebrities who have…