America’s oldest bank is eager to capitalize on the cryptocurrency revolution but remains concerned that the government still has not provided regulatory clarity. According to a new Bloomberg report, Bank of New York Mellon Corporation (BNY Mellon) chief financial officer Emily Portney says the holding company expects digital assets to act as a significant revenue […]

The post Banking Giant BNY Mellon Expects Significant Revenue From Its Crypto Services: Report appeared first on The Daily Hodl.

According to a fresh report by Bloomberg, the U.S. Securities and Exchange Commission (SEC) has just rejected a proposal by hedge fund Skybridge Capital and investment advisory firm First Trust, to list a spot bitcoin exchange-traded fund (ETF). However, the Thursday rejection does not exactly come as a surprise. At the very least, up until now,

The post Breaking: SEC Rejects Bitcoin ETF Proposal From Skybridge Capital appeared first on CoinGape.

One SEC Commissioner says that the watchdog's regulatory policy is enough to oversee the cryptocurrency industry.

A federal court has granted them access to SEC emails. XRP is up 1.98% in the last 24 hours. One

The post has appeared first on thenewscrypto.com

According to a new report, the SEC has launched a total of 97 actions against crypto players since 2013, 20 of which happened in 2021 alone.

Accordingly, the SEC advised the public not to invest or stop investing in CryptoPayz and in all other entities promoting or applying the same or similar scheme.

The post SEC Issues Advisory against CryptoPayz appeared first on BitPinas.

A Bitcoin Spot ETF in the USA has been on many wishlists for a while now, but Christmas 2021 did not deliver, leaving potential investors disappointed. What Bitcoin Did podcast host Peter McCormack and Messari founder Ryan Selkis recently discussed the obstacles that they believe are standing in the way of the USA’s first approved […]

The Commission also indicated that the names involved will be reported to the Bureau of Internal Revenue (BIR) so that the appropriate penalties and/or taxes be correspondingly assessed.

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Gary Gensler is back, and guess what? Crypto users might have to brace tighter for what he has in store for them in 2022. Speaking to CNBC earlier last week, the SEC chairman vowed to deal with the crypto “wild west”, stepping up 2021’s regulation efforts through the enactment of laws and scrutiny structures. Gensler […]

The post SEC Compelled to turn Email Containing Bill Hinman’s Speech. Is this a leg up for Ripple? appeared first on CoinGape.

Congressman Tom Emmer has hit back at SEC Chair Gary Gensler once again, right after pushing a parliamentary bill around CBDCs. He noted in an interview that Gensler “is too smart to be so stupid,” adding “This is driving opportunity off our shores and just look at the intellectual inconsistencies.” He said this with regard […]

When it comes to the American crypto sector, one huge source of confusion is the matter of which body should largely regulate crypto exchanges and their products. Is it the state government[s], the SEC, the CFTC, or Congress? In fact, one crypto exchange’s acquisition again brings up this question. Let’s play fair now On 13 January, […]