SEC's Unexpected Shift Sparks XRP, ADA, and SOL Price Surge Amid Gensler's Departure
In a surprising turn of events in the cryptocurrency market, the abrupt exit of Securities and Exchange Commission (SEC) Chairman Gary Gensler has led to a notable surge in the prices of several prominent crypto tokens, including XRP, Cardano (ADA), and Solana (SOL). This development raises questions about the future regulatory landscape for digital assets in the United States.
Continue readingSEC Chairman Gary Gensler Pushes for Comprehensive Crypto Regulations Amidst Trump's New Strategy
In an impassioned address, SEC Chairman Gary Gensler has made his final plea to establish stringent regulations surrounding the cryptocurrency sector, emphasizing the necessity for a cohesive framework to protect investors and ensure market integrity. Gensler's comments come at a pivotal moment when the future of digital currencies hangs in the balance, with ongoing volatility and regulatory uncertainty shrouding the industry.
Continue readingBNY Mellon's New Structure Approved by SEC for Crypto Custody, Goes Beyond ETFs, Says Gensler
In a seminal moment that speaks volumes of the changing face of financial markets, the US Securities and Exchange Commission has just approved a groundbreaking structure proposed by BNY Mellon for the custody of cryptocurrencies. None other than the SEC Chairman, Gary Gensler, stated that news and underlined the fact that the new structure will go far beyond the realm of ETFs.
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