US Security and Exchange Commission (SEC) Chair, Gary Gensler, recently revealed that the commission is working on a dossier for cryptocurrencies. The main goal of the platform is to unite all US financial regulators in the regulation of cryptocurrencies. The first goal is to reach an agreement with the US Commodity Futures Trading Commission on cryptocurrencies.
The hype around crypto ETFs is not slowing down. While the community waits for ProShares ETF to start trading today, October 19, Invesco withdraws its proposal. The US SEC is keeping suspiciously quiet.
Gary Gensler, the crypto-friendly chairman of the US Securities and Exchange Commission Exchange Commission (SEC), has expressed his support for cryptocurrency ETFs. However, he stressed that this was his personal opinion and had nothing to do with the regulator's plans to approve a proposal.
The United States Securities and Exchange Commission (US SEC) has already become notorious for its litigation against cryptocurrency companies. Ripple, Binance... Coinbase could be next. Is the regulator fighting the cryptocurrency business?
The Nigerian Central Bank has paid notice to the Country’s Vice President positive advice on cryptocurrency. The Central Bank which recently banned cryptocurrency in the Country was criticized by Vice President Yemi Osinbajo who preferred regulating cryptocurrency to banning its use in the country.