U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has warned that anyone wanting to be in crypto must “do it within the law.” He advised crypto trading platforms to “Build the trust of investors” in what they are doing, cautioning that they must ensure they are not commingling functions, trading against their customers, or […]
UK Regulator Issues 146 Crypto Alerts Within 24 Hours
British financial regulator, the Financial Conduct Authority (FCA), has issued 146 crypto promotion alerts in the first 24 hours of its new crypto marketing regime. “We expect businesses including social media platforms, app stores, search engines, domain name registrars, and payments firms to consider the alerts we have issued and play their part in protecting […]
$UMM’s Launchpad on LBank Witnesses Over 1000% Surge within the First 30 Minutes
PRESS RELEASE. In a trading atmosphere characterized by meticulous strategies and keen observers, the Launchpad of $ UMM on LBank has emerged as a focal point of discussion. UMM’s trading trajectory seems to be on a steep upward trend, marking its territory in the competitive crypto landscape. UMM began its trading journey at $ …
Bitmain’s Upcoming Monero ASIC Miner Sparks Anxious Buzz Within XMR Community
In an announcement on Sunday, cryptocurrency mining rig manufacturer Bitmain revealed its intention to sell a machine designed for mining the digital currency monero (XMR). The machine boasts a hashrate of 212 kilohash per second (KH/s), and the firm asserts that it is the first “professional XMR miner” available. ‘Hard Fork Go Brrrrrrrr’ — Monero […]
SEC Could Approve Spot Bitcoin ETF Within 6 Months, Says Mike Novogratz
Galaxy Digital CEO Mike Novogratz is optimistic that the U.S. Securities and Exchange Commission (SEC) could approve a spot bitcoin exchange-traded fund (ETF) within four to six months. The executive cited his contacts at Blackrock, the world’s largest asset manager, and investment management firm Invesco. Both companies have filed to launch a bitcoin ETF with […]