On the 14th of April, 2021, the Senate of the United States officially announced the appointment of Gary Gensler as the Chairman of the Securities and Exchange Commission (SEC). Gary named the day by 53-45 leads against Pat Toomey, who stood against Gary Gensler for the post of Chairman of the Securities and Exchange Commission….
For a lot of months, Ripple had been facing a lot of backlash and criticism due to its ongoing lawsuits, and the price of their native token, XRP, has also been going down for the longest time. Many large crypto-asset exchanges had delisted the crypto token and the company incurred a lot of financial loss…
Indian Government denies rumors of the possible crypto ban. Clarifies that the regulation has been proposed for the purposes of disclosure only and to determine whether a crypto scheme is genuine or not. A senior official of the Indian Government has clarified that the new crypto regulations are aimed towards ensuring “disclosure”. They cannot in…
In recent news, David Soloman, the CEO of Goldman Sachs, has made quite the bold prediction regarding the United States government’s regulations on cryptocurrency. He believes that a ‘big evolution’ is in store, which will change how the government regulates cryptocurrencies (including Bitcoin) in relation to respective financial institutions. Banks keeping a close eye on…