While a majority of crypto-related news is sculpted for public consumption, in juxtaposition to the transparency that public blockchains provide, recently-released documents from the U.S. Securities and Exchange Commission (SEC) indicate that a paramount closed-door meeting recently occurred. VanEck: Our Bitcoin ETF Issues Have Been Resolved Two weeks ago, stowed far away from the prying…
Even amid bearish market conditions, the regulatory status of crypto assets remains a hot-button topic, as global governments attempt to discern how to best approach this emerging market. Leading the charge for fair regulation is arguably the U.S. Securities and Exchange Commission (SEC), which has done its best to protect investors from unwarranted financial risk,…
To say that these past seven days were bullish for crypto would likely be an understatement. Fidelity and Goldman Sachs, two prominent Wall Street giants, doubled-down on their cryptocurrency efforts, while already-established companies in this industry continued their unbridled expansion efforts. But, if the crypto industry had a bullish week, why didn’t prices react positively? Well,…
The U.S. Securities and Exchange Commission (SEC) has announced the launch of the Strategic Hub for Innovation and Financial Technology (FinHub) to promote public engagement on fintech-related issues and initiatives, including blockchain technology and cryptocurrencies. SEC Launches FinHub Portal in Connection with the Issuance of Its DAO Report FinHub, which replaces several internal working groups at…
A new report reveals that the majority of cryptocurrency and blockchain projects are centralized. Majority of Cryptocurrencies Can Be Classified as Centralized, Securities Cryptocurrency research firm CryptoCompare released its annual Cryptoasset Taxonomy Report, and their findings reveal that only 16% of cryptocurrencies are fully decentralized. The remaining cryptocurrencies reviewed are either centralized, or only semi-decentralized,…
Despite the dismal performance of crypto assets, this space continues to receive attention from prominent thought leaders in traditional capital markets, making it evident that this industry shows promise and is much more than a well-thought-out fad or trend. “Clearly, Crypto Is Here To Stay” The brain drain of the legacy market has continued, with Ric…
Marshall Islands-based 1Broker has been in a flurry as of late, as the crypto-focused investment services provider came under heavy fire from the top guns of the free world, American regulators and their closest compatriots. 1Broker Sees Court Case Develop, Positive Signs As reported by NewsBTC on September 28th, 1Broker, a foreign crypto startup, was unexpectedly…
Crypto analysts and investors have established the $8,800 resistance level as a short-term target for Bitcoin, based on the optimistic technical indicators of the dominant cryptocurrency. Bitcoin Rally Ahead? Most of the predictions on the short-term rally of Bitcoin originated from data provided by RIG trend lines — an indicator that combines the Relative Strength…
A group of major players in the crypto and blockchain industry have joined forces to pay D.C. lobbyists to ensure that US lawmakers pass legislation that is friendly to the crypto and blockchain industry. The group of fintech firms that are joining forces will be paying the lobbyists partially in crypto, and includes Ripple among…
In a recent interview with CNBC’s Squawk Box, Congressman Warren Davidson (R-Ohio), a member of the congressional financial services industry, spoke about cryptocurrency regulation and the complexities surrounding the issues. Davidson began by announcing that his committee would be hosting a round table with industry leaders in order to gain better insight into the industry…