Crypto regulation: Does SEC Chair Gary Gensler have the final say?

Crypto firms may appear to have been prepping entry to Hong Kong with unabated excitement, but it’s yet to translate into in-country hires, according to recruitment executives. On June 1, around 150 companies lined up for a local crypto license which permits the operation of a local crypto trading platform. Some have reportedly even spent…

The U.S. Securities and Exchange Commission (SEC) has suspended securities trading of a Nevada-based firm for making false claims that its cryptocurrency trading activities were approved by the SEC, according to an announcement published Oct. 22.Per the SEC’s order, in August 2018 American Retail Group, Inc. aka Simex Inc. published two press releases stating that…

Volumes for Bakkt’s futures delivered in BTC are trumping fiat settlements as markets rise to fill a days-old CME gap. 1958 Total views 31 Total shares Bitcoin (BTC) futures platform Bakkt now sees most of its contracts settled in BTC, not cash, the latest data reveals.According to analytics resource Skew, the latest date for which…

Terra’s (LUNA) three-month rally saw its token rise by 674%, catapulting LUNA to the ranks of potential so-called “Ethereum killers.” LUNA has been on a tear lately because Terra’s most recent upgrade, Columbus-5, has effectively overhauled its tokenomics and brought significant changes to its technology.LUNA currently sits in fourth place in total value locked (TVL)…

The Nov. 13 XRP (XRP) price action stemming from a falsified BlackRock XRP trust filing shouldn’t sway the United States securities regulator’s decision to approve or delay spot Bitcoin (BTC) exchange-traded funds (ETFs) — but it isn’t a good look, say industry observers.The Securities and Exchange Commission has previously claimed the Bitcoin market can be

A U.S. firm expects to double its Bitcoin hashing power after the purchase of 4,800 new S19J mining rigs from Bitmain. 4263 Total views 17 Total shares Pennsylvania software firm Integrated Ventures has announced the purchase of 4,800 Bitcoin (BTC) mining rigs from Chinese manufacturer Bitmain. The deal is worth just over $34 million and…

Microsoft has revealed a new set of AI-powered solutions across its products, kicking off with Windows 11 on Sept. 26. 239 Total views 20 Total shares Microsoft has taken another step towards integrating artificial intelligence (AI) technology into its products. The company announced on Sept. 21 Microsoft Copilot that merges interfaces on Windows with language

The Cyberspace Administration of China (CAC) has introduced new regulations for blockchain firms that are operating in the country. The announcement was published on the regulator’s website on Thursday, Jan. 10.According to the CAC, the guidelines, which will come into force on Feb. 15, were developed to contribute to the healthy development of the industry.The…