The Committee, led by Chair Patrick McHenry and supported by twenty other members, has conveyed their concerns to Gary Gensler, Chair of the Securities and Exchange Commission (SEC), and Robert Cook, President and CEO of the Financial Industry Regulatory Authority (FINRA).
SnakePrometheum, a company whose co-CEO says that new crypto-specific financial laws are not necessary in the U.S., has become a lightning rod for crypto advocates. The Blockchain Association, a large industry trade group, demanded an internal investigation into approval of the company’s special purpose broker dealer license by the SEC in May.
TheBlockRepublican lawmakers, led by Sen. Tommy Tuberville, want the Justice Department and Securities and Exchange Commission to look into Prometheum’s statements around Chinese investment. The company became subject of increased scrutiny after its co-CEO testified before a House committee last month, arguing that digital asset firms can operate within current securities laws.
TheBlock
Coinlive Many experts believe that the introduction of blockchain technology and cryptocurrency is a giant leap in human evolution. For some ...
BitcoinistThe basic premise for making a profit in cryptocurrencies is to buy cheap and sell high. There is no certain ...
BitcoinistPrada Timecapsule is set to launch on Thursday, Eurovision Winners Kalush Orchestra raised 50 ETH for Ukraine, P2E games see a rise in developing regions, and RTFKT's Loot Pod winners were announced.
CointelegraphRobinhood’s wallet will be noncustodial and multichain, allowing for the storage of NFTs along with the ability to connect to NFT marketplaces.
CointelegraphHyundai also gave cryptic clues to a possible metaverse in line with its earlier concept for robots to bridge the real and virtual worlds to enhance mobility.
CointelegraphOther notable NFT news this week includes Larva Labs deleting all of its tweets and Elon Musk briefly changing his Twitter profile picture to a Bored Ape Yacht Club collage.
Cointelegraph