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Thailand’s Securities and Exchange Commission (SEC) introduced new regulations aimed at digital assets. The guidelines mandate that digital asset service providers must provide comprehensive risk warnings to ensure awareness of the potential risks involved in cryptocurrency trading. Enhance investor protection On July 3, the Securities and Exchange Commission (SEC) of Thailand unveiled new rules regarding digital asset trading and services, with the…
The Canadian government has approved unlimited trading of Litecoin (LTC) and three other cryptocurrencies. In addition, a crypto analyst has predicted that the price of LTC could reach $140. In a major breakthrough for the Canadian cryptocurrency market, the government has given the green light for unrestricted trading of Litecoin (LTC) and three other cryptocurrencies on exchanges. Canada grants approval…
US House Chair Patrick McHenry warns Gensler over SEC’s critique of Bitcoin ETF filings. US House Financial Services Committee Chairman Patrick McHenry issues a Twitter warning to Chair Gary Gensler as the SEC deems spot Bitcoin ETF filings by financial giants “inadequate.” Despite criticism from the crypto community regarding a leveraged futures Bitcoin ETF, the absence of a spot…
Protecting Your Cryptocurrency: A Comprehensive Guide to Avoiding Scams and Ensuring Security Bitcoin Investment Schemes – Protecting Your Investments #Bitcoininvestment schemes have become a breeding ground for scammers looking to exploit unsuspecting investors. We will explore the different types of investment scams, including fake investment managers and celebrity endorsements. Learn how to spot the red flags, conduct due…
This action arises as the US Securities and Exchange Commission (SEC) actively pursues legal charges against major cryptocurrency exchanges and associated entities. The US Securities and Exchange Commission (SEC) is facing allegations of enforcing legal challenges on the crypto industry without clear regulations. In response, the US Supreme Court has reportedly chosen to examine the commission’s in-house enforcement procedures. SEC…
Fidelity Updates Bitcoin ETF Application Following SEC Comment; BTC Trading Volume Surges Over 100%. Global asset manager Fidelity has recently filed its official application for a Spot Bitcoin ETF. However, the U.S. Securities and Exchange Commission (SEC) expressed that the initial filings made by Blackrock and Fidelity for Bitcoin ETFs lacked clarity and comprehensiveness. In response to the SEC’s comments,…
The recent news of Exchange-Traded Fund (ETF) launches has led to a significant increase in Bitcoin accumulation among large-scale investors, known in the crypto world as ‘whales’ and ‘sharks.’ This trend, observed over the past fortnight, could justify further upswings in cryptocurrency value, especially for Bitcoin, as the transition into July occurs. Santiment, a notable crypto analytics firm, recently…
Russia has already stationed a first batch of tactical nuclear weapons in Belarus, Vladimir Putin says. Russia’s president told a forum they would only be used if Russia’s territory or state was threatened. The US government says there is no indication the Kremlin plans to use nuclear weapons to attack Ukraine. “We don’t see any indications that Russia is preparing…
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Total crypto assets held by Brazilians amount to nearly $50 billion now, compared to $16 billion held in U.S. stocks. By Andrés Engler Brazilians acquired $496 million in cryptocurrencies in August and have already acquired $4.27 billion so far in 2021, the country’s Central Bank (BCB) disclosed on Friday. According to the Brazilian monetary authority, May was the peak of…