The $2 Trillion Cryptocurrency Market Is Drawing Interest From Investors, Scrutiny From U.S. Regulators

The $2 Trillion Cryptocurrency Market Is Drawing Interest From Investors, Scrutiny From U.S. Regulators

WASHINGTON — With the proliferation of cryptocurrencies, prices of bitcoin and other digital tokens are often displayed on cable news tickers and financial apps as if they were common stocks, bonds or oil futures. They are not. This makes them a challenge to US financial lawmakers. Cryptocurrency censorship, which appeared in 2009, is sporadic. Regulators … Read more

SEC’s Gensler won’t say whether ether is a security, amid crypto market slide

SEC's Gensler won't say whether ether is a security, amid crypto market slide

As Professor at MIT, Gary Gensler argue In 2018, the creators of the cryptocurrency ETHUSD managed to -5.32% You violated federal law when they issued $18 million worth of tokens without registering them as securities with the SEC. Today, as Chairman of the Board of Directors of the Securities and Exchange Commission (SEC), Gensler will … Read more

Errant quotes made cryptocurrency investors ‘quadrillionaires’ on paper today. Here’s how the crypto community reacted.

Errant quotes made cryptocurrency investors ‘quadrillionaires’ on paper today. Here’s how the crypto community reacted.

Bitcoin has minted more than a few million millionaires in recent years as its value has soared since its inception more than a decade ago, but an apparent supply problem made investors richer – on paper at least – for a while on Tuesday. Crypto sites, including digital asset exchange Coinbase Global COIN, -0.71% and … Read more