7 hours ago

Bitcoin’s Demand Surge Fuels Price Support at $90,000

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

‘I Expect Huge Benefits from This Market Innovation’: New SEC Chair Signals Crypto Policy Shift in New Speech

It’s the dawn of a new crypto era for the U.S. Securities and Exchange Commission (SEC). New SEC Chair Paul Atkins, who was sworn in this week, spoke at the regulator’s third “Crypto Task Force” roundtable on Friday and talked up the potential of digital assets. He also lambasted the SEC’s previous regulatory approach toward the sector. “This is important work as entrepreneurs across the United States are harnessing blockchain technology to modernize aspects of our financial system. I expect huge benefits from this market innovation for efficiency, cost reduction, transparency, and risk mitigation. Market participants engaging with this technology deserve clear regulatory rules of the road. Innovation has been stifled for the last several years due to market and regulatory uncertainty that unfortunately the SEC has fostered.” His language represents a stark contrast to the approach of previous chair Gary Gensler, who oversaw high-profile enforcement actions against numerous crypto firms, including industry giants Binance, Kraken, Coinbase, Ripple Labs, Uniswap Labs and Consensys. Since Gensler stepped down in January, all of those cases have been closed. Atkins also asked crypto stakeholders on Friday for input on the challenges of existing securities laws. “For example, are changes needed to the custody rules under the Exchange Act, Advisers Act, or Investment Company Act to accommodate crypto assets and blockchain technology? Is the ‘special purpose broker-dealer’ regime workable for market participants, or is a new crypto asset broker-dealer framework needed? The market itself seems to indicate that the current framework badly needs attention.” Follow us on X , Facebook and Telegram Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post ‘I Expect Huge Benefits from This Market Innovation’: New SEC Chair Signals Crypto Policy Shift in New Speech appeared first on The Daily Hodl . Cryptoknowmics

US Senator Labels Trump’s Meme Coin Gala an ‘Impeachable Offense’ at Town Hall

Democrats are expressing growing dissatisfaction with U.S. President Donald Trump’s administration, and a senator from Georgia told attendees at a town hall that Trump’s latest meme coin gala event “rises to the level of an impeachable offense.” From Gaza Comments to Crypto Dinners, Trump Faces Growing Impeachment Calls On Friday, Sen. Jon Ossoff, D-GA, told Cryptoknowmics

See Also

1 saat önce

Turn $1,000 Into a Fortune? BITCOIN, XRP, and MAGACOINFINANCE.COM Are in the Spotlight!

1 saat önce

Solana Sets Sights on Dominating Ethereum with Strong Performance