Author: Yeek.io
John Reed Stark, the former director of the Office of Internet Enforcement at the United States Securities and Exchange Commission (SEC), pushed back against the idea of regulatory reform at the first SEC crypto roundtable.The former regulator said the Securities Act of 1933 and 1934 should not be changed to accommodate digital assets and urged that digital assets do not escape the definition of securities under the current laws.The first-ever SEC crypto roundtable. Source: SEC“The people buying crypto are not collectors. We all know that they are investors, and the mission of the SEC is to protect investors,” Stark said.…
John Reed Stark, the former director of the Office of Internet Enforcement at the United States Securities and Exchange Commission (SEC), pushed back against the idea of regulatory reform at the first SEC crypto roundtable.The former regulator said the Securities Act of 1933 and 1934 should not be changed to accommodate digital assets and urged that digital assets do not escape the definition of securities under the current laws.The first-ever SEC crypto roundtable. Source: SEC“The people buying crypto are not collectors. We all know that they are investors, and the mission of the SEC is to protect investors,” Stark said.…
Key Takeaways: This initiative tests a hybrid model that marries blockchain efficiency with established trade finance, aiming to set new industry benchmarks. By aligning regulatory clarity in both regions, the project could catalyze broader digital integration and challenge traditional payment delays. The proof-of-concept seeks to uncover hidden efficiencies in commodity remittances, potentially reducing intermediary layers and manual reconciliation. Success here might force legacy banks to rethink and adopt decentralized methods for faster, transparent cross-border transactions. On March 21, Hong Kong-based IDA Finance partnered with Japan’s Progmat and other firms to develop a stablecoin remittance service between the two regions. Stablecoins…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Open interest in Bitcoin trading is a crucial metric to assess the market’s current sentiment on the digital asset, including potential price movements. In theory, an increase in Bitcoin’s open interest suggests liquidity, which can also support an ongoing…
Homepage > News > Business > Trump’s crypto embrace delights America, unnerves Europe United States President Donald Trump thinks digital assets are swell, but concerns are mounting that America’s ‘anything goes’ approach could lay the groundwork for the next global financial crisis. On March 20, Trump addressed (via prerecorded video) the Blockworks Digital Asset Summit in New York. The speech was basically a nothingburger, despite advance hype by crypto promoters that some major announcement was in the cards. Instead, we got some warmed-over criticisms of Trump’s predecessor, Joe Biden, and Operation ChokePoint 2.0, along with self-praise for Trump’s enthusiastic promotion…
Table of Contents How Chainlink CCIP Eliminates Vendor Lock-In To Empower Token Issuers Understanding Cross-Chain Tokens (CCTs) The Problem With Vendor Lock-In How Chainlink CCIP Eliminates Vendor Lock-in Seamlessly Create a CCT With Token Manager Conclusion
The government of Nigeria is still open to crypto businesses operating in the country despite the ongoing lawsuit against crypto exchange Binance and the high-profile detention of Binance executive Tigran Gambaryan.Nigerian Information Minister Mohammed Idris told Semafor that many crypto businesses operate inside the country that are not facing litigation or criminal prosecution.“This is part of the effort to strengthen our laws, not to cripple anybody. We are ensuring that no one comes and operates without regulation,” Idris told the outlet.Nigeria filed an $81.5 billion lawsuit against Binance in February, claiming the exchange crashed Nigeria’s local currency, the naira, and…
Ethereum whales are doubling down on the top altcoin by market cap with an impressive $236 million buy wall in three days. Ethereum (ETH) price continues to trade below $2,000, struggling amid recent sell-off pressure. However, whales, or large-scale investors with substantial ETH holdings, are unfazed. In fact, on-chain data shows that the world’s largest altcoin by market cap has attracted significant buying activity from large holders. On March 21, crypto analyst Ali Martinez shared a chart showing a spike in whale accumulation of ETH. According to the analyst, the latest dip that saw Ethereum’s price retreat from above $2,000…
US investment firm Canary Capital has filed with the Securities and Exchange Commission (SEC) to launch a new exchange-traded fund (ETF) that would combine cryptocurrency and NFTs in a single investment product.The proposed fund Canary PENGU ETF, would include the $PENGU token—issued on the Solana blockchain—and digital assets from the Ethereum-based Pudgy Penguins NFT collection, marking the first known attempt to include NFTs in a regulated ETF in the United States.The SEC filing was submitted on Thursday, but it does not provide a timeline for review or approval. Source: Luca NetzWhat is an ETF?An exchange-traded fund (ETF) is a financial…
The government of Nigeria is still open to crypto businesses operating in the country despite the ongoing lawsuit against crypto exchange Binance and the high-profile detention of Binance executive Tigran Gambaryan.Nigerian Information Minister Mohammed Idris told Semafor that many crypto businesses operate inside the country that are not facing litigation or criminal prosecution.“This is part of the effort to strengthen our laws, not to cripple anybody. We are ensuring that no one comes and operates without regulation,” Idris told the outlet.Nigeria filed an $81.5 billion lawsuit against Binance in February, claiming the exchange crashed Nigeria’s local currency, the naira, and…