Category: News

SEC Showdown: Gary Gensler Defends Crypto Policy While Commissioner Mark Uyeda Calls It ‘Disaster’ For Assets Like Bitcoin, Ethereum, Dogecoin

In a fresh display of growing discord within the SEC, Commissioner Mark Uyeda has slammed the agency’s cryptocurrency policy, calling it a “disaster” for assets like Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Dogecoin (CRYPTO: DOGE). Despite rising criticism, Chairman Gary Gensler remains firm in enforcing the policy. What...
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Crypto Chaos: SEC Commissioner Uyeda Confesses Regulatory Failings

The US Securities and Exchange Commission (SEC) has faced increasing criticism in recent years over its regulatory approach to the crypto industry under President Biden’s administration, characterized by increased enforcement actions and lawsuits against major players.  Commissioner Mark Uyeda recently voiced his concerns, describing the SEC’s strategy and regulation...
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South Korea Is Looking To Lift Ban On Spot Crypto ETFs, Here’s Why

South Korea’s top financial regulator, the Financial Services Commission (FSC), is reportedly initiating a review process to reconsider its stance on the ban on spot cryptocurrency exchange-traded funds (ETFs). This comes after forming a new cryptocurrency advisory committee within the regulator, signaling a potential shift from its earlier, more...
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Tesla-Themed Coins Spike After EV Giant Unveils ‘Cybercab’ Robotaxi — Why You Should Be Careful

Cryptocurrencies referencing Elon Musk’s Tesla Inc. (NASDAQ:TSLA) surged Thursday as the electric vehicle (EV) juggernaut unveiled its dedicated two-seater robotaxi product. What happened: A Solana (CRYPTO: SOL)-based coin, TeslaTAXI, pumped over 101% in the last 24 hours, according to CoinMarketCap. The coin’s trading volume on the decentralized exchange (DEX)...
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Bitcoin-Critic Peter Schiff Salty Over Being Left Out Of Satoshi Nakamoto Documentary — Director Says, ‘We Could Only Have So Many Peters!’

Renowned economist Peter Schiff expressed his disappointment over not being featured in HBO’s new documentary on Satoshi Nakamoto despite his reputation as a ‘well-known’ Bitcoin (CRYPTO: BTC) critic. What Happened: Schiff said he watched the Cullen Hoback-directed documentary in an X post on Thursday. However, he voiced his grievances...
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Bitcoin, Ethereum, Dogecoin Muffled After September Inflation Dampens Rate Cut Outlook: Analyst Warns Of ‘Downside Deviation’ If King Crypto Loses This Support

‘Uptober’ remained elusive as leading cryptocurrencies stagnated after hotter-than-expected inflation data poured cold water on expectations of further interest rate cuts by the Federal Reserve. Cryptocurrency Gains +/- Price (Recorded at 9:15 p.m. EDT) Bitcoin (CRYPTO: BTC) -0.75% $60,135.24 Ethereum (CRYPTO: ETH)                +0.75% $2,382.33 Dogecoin (CRYPTO: DOGE)           -1.37% $0.106...
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