Blog
Rules and Regulations: SEC Rejects Coinbase’s Request on December 15.
SEC rejects Coinbase’s request for regulations on cryptocurrencies. Chairman Gary Gensler reiterated his position that no additional regulation is required to oversee the cryptocurrency market when the SEC on December 15 rejected Coinbase Global’s request for the agency to issue rules governing digital assets.” Crypto asset securities are suitably governed by the current securities laws, according to a statement released by Gensler on December 15. “I agree with the commission’s decision to deny the petition.” With a Petition for Rulemaking submitted in July 2022, Coinbase asked the SEC to “propose and adopt rules to govern the regulation of securities that are offered and traded via digitally native methods, including potential rules to identify which digital assets are securities. “ In order to force the SEC to respond, Coinbase then filed a lawsuit against the organisation in late April. Gensler said in a statement released on December 15 that the SEC is rejecting Coinbase’s petition because the commission must exercise discretion in determining which rules to make first and because there are already laws and regulations pertaining to the cryptocurrency market The SEC is also working on a number of rules pertaining to digital assets. Gensler cited the SEC’s Howey Test, as he has previously done, to sorting through transactions to see which ones are “investment contracts,” in order to recognise digital securities. Additionally, he cited the ruling in Reves v. Rules and Regulations: SEC Rejects Coinbase’s Request on December 15. Ernst & Young, a case heard by the Supreme Court, which determined that “Congress’s purpose in enacting the securities laws was to regulate investments, in whatever form they are made and by whatever name they are called,” as stated by Gensler. “Thus, to the extent that crypto assets are offered and sold in the form of an investment contract, and to the extent that entities intermediate transactions in crypto asset securities, the federal securities laws apply,” said Gensler. ...
Indiabulls Housing Share Price: US Senate Committee on 1 Banking Housing Now
Tether releases correspondence with the US House Financial Services Committee and the US Senate Committee on Banking, Housing, and Urban Affairs. December 15, 2023 The largest cryptocurrency company, Tether, has released the contents of a recent letter it sent to senators and members of the house financial services committee and the U.S. Senate Committee on Banking, Housing, and Urban Affairs. Tether’s commitment to combating the unlawful use of stablecoins is outlined in these letters. In the cryptocurrency space, Tether is credited with creating the first, biggest, most transparent, and liquid stablecoin in history, as well as the financial foundation for the US dollar. Tether is dedicated to developing robust and sustainable infrastructure for the bitcoin network. Recent letters from Tether confirm the company’s ongoing efforts to support American law enforcement and regulatory agencies in their fight against the funding of terrorism and other illegal activity. The letter dated November 16th (available via this link) describes Tether’s Anti-Money. The company outlines its proactive and wide- ranging cooperation with law enforcement agencies worldwide, including the U.S. Department of Justice and the U.S. Secret Service, and discusses its Anti-Money Laundering (AML) and Know Your Customer (KYC) policies and standards. Tether’s proactive decision to align with the Office of Foreign Assets Control (OFAC) Specially Designated Nationals (SDN) List, which extends sanctions controls to the secondary market to ensure comprehensive security measures, is outlined in a letter dated December 15th (linked here).The letter’s main points are as follows: Indiabulls Housing Share Price: US Senate Committee on 1 Banking Housing Now The wallet ...
Tata Investment Share Price: Investment 40 Scam that Involves Pig Butchering
Authorities claim that a man from Naperville is one of four people charged in a cryptocurrency investment scam that involves “pig butchering.” The U.S. Department of Justice announced that four individuals, including a man from Naperville, had been indicted on federal charges related to the laundering of proceeds from a cryptocurrency investment scam. According to a press release, Hailong Zhu, 40, has been charged with international money laundering, concealment money laundering, and conspiracy to commit money laundering. Tata Investment Share Price: Investment 40 Scam that Involves Pig Butchering California residents Joseph Wong of Rosemead, Justin Walker of Cypress, and Lu Zhang of Alhambra are all facing the same charges. The Los Angeles U.S. Attorney’s Office is prosecuting the case. The press release claimed that Zhang, Walker, Wong, and Zhu had planned to create shell businesses and bank accounts in order to launder the money obtained from victims of fraudulent schemes. Including “pig butchering,” which involved cryptocurrency investment scams. The money used in the fraud schemes was purportedly moved by them to both local and foreign financial institutions. At least 284 transactions were part of the larger fraud scheme in the associated pig-butchering syndicate, which caused victim losses totaling more than $80 million. According to the release, scammers meet their victims through dating services, social media, unsolicited phone calls, or messages. This practice is known as “pig butchering,” which is a term borrowed from a foreign language used to describe the crimes. By introducing the victims to other members of the scheme, the con artists use the relationships they build with them to convince them to invest in a cryptocurrency-based business. ...
My Little Pony Princess Celestia: On December 6, TIA increased to $11.28 By NOW
A new cryptocurrency that could compete with Celestia and Avalanche Celestia rises 13% in just one week. Over the past week, Celestia, a layer-1 blockchain protocol, has experienced volatility. After Manta Pacific’s integration was announced on December 4, TIA’s price increased from its trading position of approximately $8.31 on December 3. On December 6, TIA increased to $11.28. Prices quickly corrected, though, and on December 10 they stabilised at about $9.41. TIA has increased 13.24% over the past week despite this. According to analysts, TIA will close the year at $9.56 due to a rise in the use of Celestia’s products. Avalanche increases by 51% Avalanche and Inspect collaborated to facilitate NFT trading. AVAX opened at $21.78 on December 3 and rose 51.83% to $33.07 by December 10. ...
The Butchering Art: California Have Been Arrested A $80 million Now
In a $80 million cryptocurrency scam involving the “pig butchering,” two men from Southern California have been arrested. Federal authorities announced on Thursday that three men from Southern California and one other defendant have been charged ...
B2B Payments: Conducted Among 125 Executives Working Now
Companies in Real Estate Examine B2B Payments with Cryptocurrencies. The cryptocurrency market has calmed down after a wild year as banks and investors have rekindled their interest in it. As a substitute for cash, cryptocurrency is still supported by some, and real estate might benefit from it as well. Significant progress has been made in the functionality, applications, and security of cryptocurrencies in recent times, and this has generated interest in a number of industries, including real estate. While bitcoin transactions can be completed in a matter of minutes or hours, traditional real estate transactions can take weeks or even months to complete. When asked about their preference for various payment methods, real estate firms list transaction speed as one of their main justifications. Because of this, one in five American real estate firms intend to utilise cryptocurrencies. Based on PYMNTS Intelligence data, for B2B payments in the upcoming year. Research conducted by PYMNTS Intelligence in association with The Clearing House is titled “Corporate Changes in Payment Practices: A Deep Dive Into the Real Estate Industry.” The study’s foundation is a survey that was conducted among 125 executives working for US real estate companies to learn more about the different payment methods these businesses employ for business-to-business transactions. day ACH, and checks are the most popular payment options in the se The automated clearing house (ACH), same- ctor, according to the survey. Still, a lot of businesses are constantly looking for faster, safer, and more innovative options. Cryptocurrency adoption by real estate companies is motivated by the same factors that propel real-time payments. Thus, the proportion of businesses intending to start utilising In the real estate industry, international transactions utilising traditional methods can be challenging, costly, and necessitate extra paperwork. ...
I Boom Comi Boom Com: Market Is 40,000 Ready for a Boom May Create Millionaires Now
The Cryptocurrency Market Is Ready for a Boom. Which Crypto May Create Millionaires? Over 40,000 people have made millions of dollars using Bitcoin worldwide. Understanding how these investors succeeded may point to the next Bitcoin. Like Bitcoin in its early days, any cryptocurrency that can make a millionaire will probably have a 1000-fold upside potential. Ten equities that we prefer over bitcoin. Bitcoin has already demonstrated that it can produce cryptocurrency millionaires. So what cryptocurrency will replace Bitcoin? Given that Bitcoin (BTC -1.65%) has increased in value by over 160% this year, almost everyone in the cryptocurrency space appears to be projecting a 2024 surge for other crypto tokens. We’ve repeatedly observed this pattern: when Bitcoin rises, the market as a whole does too. There could be a fortune to be made in cryptocurrencies if you believe that a crypto bull market is about to occur. What cryptocurrency then has the ability to turn you into a millionaire? Bitcoin millionaires Naturally. Bitcoin itself serves as the foundation for any response to this query. As per the most recent Crypto Wealth Report released by Henley & Partners, an investment firm, there are currently 40,500 Bitcoin millionaires globally. Additionally, there are six Bitcoin billionaires if you really want to dream big. A significant number of investors recognised the potential of cryptocurrencies at an early stage, purchasing Bitcoin at a price below $1,000, and persevered through multiple significant market ...
Methods of Performance Appraisal: Democratise Luxury Estates Ethereum 2023 By Now
Ever lodge to Democratise Luxury Estates, Ethereum On-Chain Activity Displays Impressive Performance, and Shiba Inu Community Engagement Rises. In 2024, cryptocurrency is expected to be widely used and offer profitable trading opportunities. Q1 is the subject of much conjecture, with some suggesting that it may signal the end of a protracted crypto winter. This possibility gains more support from the positive momentum that was noted at the end of 2023. Choosing the best cryptocurrency to purchase is one way to start the new year strong in the world of cryptocurrencies. Along with altcoins like Shiba Inu and cutting-edge discoveries like Ever lodge a presale token expected to generate 10X returns upon launch, Ethereum exhibits promise for the coming year. The Shiba Inu (SHIB) Community Continues to Be Strong and Helpful Standing tall as a memecoin, Shiba Inu (SHIB) has experienced meteoric growth since its launch in 2020. At first, there was doubt that Shiba Inus would be the object of friendly jeers, but the Shiba Inu coin defied expectations and shot to amazing heights. Through the ground-breaking Shiba Swap decentralised exchange, the thriving SHIB community—fondly known as the SHIB Army—has the opportunity to improve the Shiba Inu coin standing. ...
Right to Privacy: Bringing Speed 5 Accessibility to Cryptocurrency By Now
zk Sync: Bringing Speed, Privacy, and Accessibility to Cryptocurrency Revolution. One name that has been creating a lot of buzz in the rapidly changing cryptocurrency landscape is zk Sync. This innovative technology represents a paradigm shift in how we understand and use blockchain networks, not just another crypto solution. Imagine a world in which transactions are much more affordable in addition to being faster. By utilising zk Rollup technology, a layer 2 scaling solution that runs on top of already-existing blockchains like Ethereum, zk Sync realises this vision. It’s similar to taking your crypto journey to the fastest lane. ...
Sarkari Network: Department of the Treasury 1 Sanctions and Penalties Now
How To Take Down The Funding Network For Hamas Using Cryptocurrency U.S. authorities are working harder than ever after the Hamas attack on Israel to destroy the financial networks of terror groups supported by Iran, including the cryptocurrency used to fund them. They are doing this through new investigations, sanctions, and penalties. A search and freezing of Hamas’ cryptocurrency accounts was initiated in Israel by the National Bureau for Counter Terror Financing in collaboration with Israeli police and intelligence services. Since joining the project, Lions gate Network, an Israeli startup that specialises in recovering cryptocurrency, has been successful in locating and intercepting cryptocurrency accounts connected to Hamas. The Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, U.S. Senator Sherrod Brown (D-OH), stated, “The world watched in horror as Hamas committed brutal acts of terrorism against the people of Israel.” We’ve alerted this committee about cryptocurrency andits involvement in illegal finance, encompassing the use of cryptocurrency to support terrorists and make it possible for rogue states to finance them… Law enforcement’s efforts to track down or stop cryptocurrency funds turn into a game of whack-a-mole. ...
