SEC Gary Gensler Crypto Regulations - Ripple CEO XRP Lawsuit - Wells Fargo Bitcoin Investing
August 4, 2021
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21:04Now PlayingSEC Gary Gensler Crypto Regulations - Ripple CEO XRP Lawsuit - Wells Fargo Bitcoin Investing
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as posted by the channelSEC chair Gary Gensler spoke at the Aspen Security conference and stated we could see a Bitcoin ETF approval, that the Howey test is enough for crypto clarity and that he is weighing a robust regulatory regime for the crypto market.. Ripple CEO Brad Garlinghouse will be speaking at the same conference tomorrow.
The lawsuit between Ripple Labs and the U.S. Securities and Exchange Commission, or SEC, now involves major crypto exchange Binance after a recent filing on behalf of Ripple CEO Brad Garlinghouse. Brad Garlinghouse’s Motion to Obtain International Discovery has been granted.
Several U.S. lawmakers have spoken up against the cryptocurrency tax provision in the $1 trillion infrastructure bill. While the bill has been revised from last week’s version, the text is still “unworkable,” according to Senator Pat Toomey. “I plan to offer an amendment to fix it.”
High-net-worth Wells Fargo clients can now get Bitcoin & crypto exposure, a company spokesperson informed Business Insider, making Wells Fargo the latest in a long line of traditionally conservative financial institutions to venture into Bitcoin.
Bitcoin mining firm HIVE orders 4,000 machines from Canaan.
Bitwise Investments is adding two funds for decentralized finance (DeFi) protocol tokens – aave and uni – to its lineup of institutionally-focused investment vehicles.
HSBC is blocking its U.K. customers from using credit cards to make payments to crypto exchange Binance “wherever possible,” the banking giant said Tuesday.
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#Crypto #XRP #Ripple #Bitcoin #SEC #GaryGensler #WellsFargo #Cryptocurrency #Regulations
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