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.
Related Posts
South Korean Financial Regulator Says Crypto Funds Violate Capital Markets Act
South Korea’s Financial Services Commission (FSC) has issued a statement to warn investors to be cautious while investing in cryptocurrency funds, according to documents published on the official FSC website on Oct. 24.According to the FSC, investors might be misled by cryptocurrency funds, mistakenly believing that those public funds represent legal investing tools that comply…
Coinbase Custody and Bison Trails to Lobby Staking Adoption
Coinbase Custody and Bison Trails have joined the ranks of the Proof of Stake Alliance (POSA), a Jan. 30 press release announced. Together with the alliance, they will advocate for the adoption of clear regulations on staking proceeds, as well as other development initiatives.The Proof of Stake Alliance is an advocacy group founded in 2019…
Startups can hedge bank risk with Bitcoin — Tim Draper
The fall of Silicon Valley Bank prompted Venture Capitalist Tim Draper to tell the firms he’d invested in to buy Bitcoin.
SEC begins formal review of Fidelity, SkyBridge Bitcoin ETF applications
Fidelity’s Wise Origin Bitcoin Trust and the First Trust SkyBridge Bitcoin ETF are now under review by regulators, according to paperwork filed earlier this month. 1205 Total views 2 Total shares A pair of Bitcoin (BTC) ETF applications submitted by Fidelity Investments and SkyBridge Capital are under official review by the United States Securities and…
High Times Will Not Accept Bitcoin in Its Initial Public Offering
Marijuana culture media group High Times Holding Corp. has decided not to accept Bitcoin (BTC) in its initial public offering (IPO), according to an August 13 filing with the U.S. Securities and Exchange Commission (SEC). The decision runs counter to the company’s Aug. 3 announcement, where it stated it will accept cryptocurrencies in order to…
Bitcoin suddenly retests $50K in possible ‘shakeout’ as analysts stay bullish on BTC
A classic volatility surprise excites rather than concerns traders, but altcoins lose out heavily. 2241 Total views 9 Total shares Bitcoin (BTC) kept traders on their toes on Tuesday as a sudden price dip sparked a retest of $50,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC still “fine” at $49,000Data from Cointelegraph Markets Pro and TradingView followed…
California lawmakers push through controversial AI bill opposed by OpenAI
California lawmakers advance a controversial AI safety bill, SB 1047, despite pushback from major tech companies and now awaits full approval of Governor Gavin Newsom.
French Regulators Notice Uptick In Crypto-Related Complaints
French financial regulators have observed an increase in complaints regarding cryptocurrencies this yearInvestors in the country are increasingly filing complaints about digital currencies with France’s Financial Markets Authority (AMF) since January 2019, according to the AMF’s 2019 Risk Map report published on July 2.Percentage of claims to AMF regarding crypto assets. Source: AMF The Risk Map…