Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,404,782,667,590.88
  • 24h Vol: $56,442,256,430.13
  • BTC Dominance: 56.54%

SAB 121

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BNY Mellon Engages With Banking Regulators to Offer Crypto Custody Services ‘at Scale’

Leave a Comment / Balance Sheet, Bitcoin, bitcoin etf, BNY Mellon, Crypto, Crypto Hacked, Cryptocurrency, custody, Digital Assets, Ethereum, ETP, ETP clients, Featured, regulatory approvals, SAB 121, SEC / / / , , , , , , , , , , , ,

BNY Mellon, one of the world’s largest custodian banks, is seeking to offer custody services for bitcoin and ether to exchange-traded product (ETP) clients. The bank is also eyeing large-scale growth in the crypto space, with plans to seek more regulatory approvals to capitalize on the lucrative crypto custody market. BNY Mellon Pushes Forward With […]

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US Senator Hails Bitcoin’s Potential to Democratize Finance and Improve Financial Inclusion

Leave a Comment / Bitcoin, BTC, Crypto, Crypto Hacked, Cryptocurrency, cynthia lummis, Digital Assets, Ethereum, Featured, financial inclusion, regulatory environment, SAB 121, SEC guidelines, Tim Scott / / / , , , , , , , , , , ,

Senator Tim Scott highlighted bitcoin’s potential to democratize finance and improve financial inclusion at the Bitcoin 2024 Conference. He criticized the Biden administration’s approach to digital assets and endorsed efforts to overturn restrictive SEC guidelines. Scott advocated for balanced regulation that encourages innovation without stifling growth or pushing it overseas. Senator Tim Scott Advocates for

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Crypto Voter Backlash: How Biden’s Veto May Have Cost Him the 2024 Election

Leave a Comment / 2024 election, Biden, Bitcoin, Crypto, crypto community, Crypto Hacked, Cryptocurrency, Digital Assets, Donald Trump, Election, Ethereum, Featured, Financial Institutions, Joe Biden, Regulation, SAB 121, SEC, veto / / / , , , , , , , , , , , , , ,

After a period of intense scrutiny of the cryptocurrency industry, many speculated that the Biden administration had reversed its stance by allowing the U.S. Securities and Exchange Commission (SEC) to approve several spot ethereum exchange-traded funds (ETFs). However, President Joe Biden has vetoed the latest resolution intended to quash the SEC’s crypto asset rules in

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Banking Associations Support Resolution to Overturn SEC’s Controversial Crypto Rules

Leave a Comment / American Bankers Associations, banking associations, banking groups, Bitcoin, Crypto, Crypto Hacked, Cryptocurrency, Ethereum, News Bytes, News Bytes - 2, SAB 121, SEC / / / , , , , , , , , ,

The American Bankers Association, Bank Policy Institute, Financial Services Forum, and Securities Industry and Financial Markets Association sent a letter to President Joe Biden on May 31, urging him to sign the resolution passed by Congress to overturn the SEC’s Staff Accounting Bulletin 121 (SAB 121). The letter outlines that SAB 121, issued without regulatory

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