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.
TheBlockMany 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 ...
Bitcoinist“Anyone who has been fired from a crypto platform and wants to work for FINRA please call me,” said FINRA CEO Robert Cook.
Cointelegraph“Anybody who is getting laid off from a crypto platform and wants to work for FINRA, give me a call," said president and CEO Robert Cook.
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.
CointelegraphThe first tweet ever sent on Twitter was turned into an NFT and sold by founder Jack Dorsey for $2.9 million but is pulling about one percent of that in a current auction.
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