US Senators Push SEC to Pause Approval of Bitcoin ETFs, Citing Investor Safety Concerns
Senators urged the commission to reassess the approval of additional cryptocurrency ETFs, citing potential risks for retail investors.
Senators urged the commission to reassess the approval of additional cryptocurrency ETFs, citing potential risks for retail investors.
The SEC stated that CryptoFX had several employees who managed to convince and defraud investors from 10 different states including two foreign countries.
The SEC’s decision to seek public comment on the proposed ETFs is a strategic move, as it allows the regulatory body to gather insights and address potential concerns regarding fraud, manipulation, and the intricacies of Ethereum’s transaction validation process
Warren’s recognition marks a shift in her stance on crypto, following legislative actions targeting illicit use. Now she addresses ongoing digital currency challenges.
Six Republican senators express “great concern” to SEC Chair Gary Gensler about the regulator’s conduct in the Debt Box case, alleging unethical behavior.
The ETH ETF amendment from ARK shows that there is a provision for cash creation and redemption, in addition to the possibility of staking.
After launching on the Goerli and Sepolia testnets, the Ethereum Dencun upgrade is now live on Holesky in anticipation of a mainnent launch.
Violators of crypto law in South Korea now risk receiving fines up to five times the amount of illegal funds, or life imprisonment.
The adoption of these rules comes amidst a broader regulatory push aimed at bringing greater clarity and oversight to the cryptocurrency industry.
The meeting with the SEC is now another step in South Korea’s journey of developing its local crypto economy.