The US Securities and Exchange Commission (SEC) Commissioner Mark T. Uyeda recently addressed the need for specialized S-1 registration forms tailored specifically for digital asset securities. This call for updating regulatory tools comes in light of the unique features and complexities of digital assets that may not be adequately captured by current standard forms. During
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The XRP price has seen a sharp decline to $0.55 as Ripple continues to struggle to break above the $0.60 resistance level. One of the key reasons for this recent drop is Ripple’s unlocking of 1 billion XRP tokens ($559 million) from its escrow wallet on September 1. This move was part of the regular
Aayush Jindal is a prominent figure in the financial markets, with a wealth of experience spanning over 15 years in Forex and cryptocurrency trading. His reputation as a trusted advisor and senior market expert is built on his exceptional proficiency in technical analysis. Aayush’s keen insights and astute chart analysis have guided investors worldwide through
Congressman Wiley Nickel from North Carolina has recently taken a stand against the US Securities and Exchange Commission (SEC), criticizing the agency for what he calls a “regulation by enforcement” approach. Nickel believes that this method undermines trust in the regulatory system and poses a threat to digital innovation in the United States. Nickel has
Bitcoin has started to see a recovery in its price, with a recent increase from the $57,200 zone. However, this upward trend may face some challenges as it approaches key resistance levels around $60,200 and $61,150. Currently, Bitcoin is showing signs of a recovery wave above the $58,000 support level. It is trading above $58,000
The recent price volatility in the Bitcoin market, with a dip below $50,000 last month, has caused concerns among investors. However, despite the temporary setback, a well-known crypto analyst named CryptoCon remains steadfast in his belief that the Bitcoin bull run is still on track. In fact, he predicts a sharp rise to over $100,000
The US Securities and Exchange Commission (SEC) has recently raised concerns over the repayment strategy proposed in the ongoing FTX bankruptcy case. The plan, which involves repaying creditors through stablecoins or other digital assets, has sparked uncertainty and controversy within the industry. In an Aug. 30 court filing, the SEC stated that while it is
The recent court appearance of Tigran Gambaryan, a detained Binance executive facing money laundering charges in Nigeria, revealed a desperate plea for bail on medical grounds. His legal team emphasized his worsening health condition in prison as the primary reason for the application. Gambaryan’s health issues, which range from a herniated disc to bouts of
In August 2022, the decentralized exchanges (DEX) witnessed a decrease in spot trading volume, totaling $179 billion. This marked a 9% decline compared to the previous month. Ethereum reclaimed its position as the blockchain with the highest on-chain trading activity, with approximately $52 billion traded, accounting for 29% of the total volume. On the other
The Qatar Financial Centre (QFC) in Doha recently announced the introduction of a new regulatory framework aimed at governing digital assets in the region. The QFC Digital Assets Framework 2024 sets the stage for local and international companies to apply for licenses to operate as token service providers. This move signifies a significant step towards
