USD Coin
Welcome to our platform, where digital innovation and financial empowerment collide! Discover the world of the US dollar-pegged stablecoin USD Coin (USDC).
Explore prospects for decentralized finance, borderless payments, and smooth transactions. Join us as we navigate the financial landscape of the future with the dependability and adaptability of USD Coin.
Mis Report: Funding Report CEO of Open December 15 London By Now
After the funding report, the CEO of Open AI promotes the cryptocurrency project World coin. December 15, London (Reuters) – Sam Altman, the CEO of Open AI, has reaffirmed his goals for the cryptocurrency project World coin in the wake of rumours that the business was looking for $50 million in funding. According to World coin, its goal is to establish a global financial network and identity. In exchange for a digital ID and free cryptocurrency, over 2.6 million people have signed up to have their irises scanned by World coin’s “orb” devices. A week after cryptocurrency news outlet The Block revealed that Tools For Humanity, the company behind World coin, was looking to raise $50 million from investors, ...
Poster Making Ideas: Coinbase Returns To Court After 3.7% Request By Now
Coinbase Returns To Court After Request For Crypto Rulemaking Rejected By SEC. The cryptocurrency exchange Coin base COIN -3.7% is scheduled to appear in court again today in an attempt to compel the Securities and Exchange Commission to establish regulations that would permit it to continue operating. The request, which was made eighteen months ago, was turned down by the regulator earlier in the day, and the company was then sued for engaging in unsanctioned securities activity. Paul Grewal, Chief Legal Officer of Coinbase, wrote on X, the former Twitter, “After 18 months of silence, we went to court to get the response the law requires.” “We appreciate the support of the Third Circuit and will reach out to it once more later today to contest the SEC’s dereliction of duty.” In May, Coinbase first received support from the Court of Appeals for the The company’s shares decreased 4% in afternoon trading to $147.82, but they are still worth more than twice as much as they started this year, indicating that the cryptocurrency market is doing well following a catastrophic 2022. SEC Chair Gary Gensler released a statement earlier in the day announcing the denial and restating the agency’s current stance on establishing particular regulations for cryptocurrency trading. He gave three justifications for rejecting the Coinbase request: A BIT MORE FOR YOU Amid the $700 billion Bitcoin, Ethereum, XRP, and cryptocurrency price boom, Black Rock has quietly opened the door to a trillion-dollar plus Wall Street game changer. Poster Making Ideas: ...
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. ...
