The chairman of the US securities regulatory body Gary Gensler supported the proposal to enhance the engagement & power of the Commodities regulatory body in crypto industry alongside SEC.
The United States Securities and Exchange Commission (SEC) is a Securities regulatory body, which regulates all the spot money market, including security assets. In the past years, the SEC agency showed strict stances over the crypto Industry and also this agency showed that it has more regulatory dominance in the crypto sector but now CFTC agency may play some important role in the crypto space.
On 8 September, Wall Street Journal reported that SEC chairman, Gary Gensler, supported a bill that seeks to furnish the Commodity Futures Trading Commission (CFTC) with more regulatory powers over non-security Crypto assets.
The report noted that Gary talked about this bill during a conference and also he said that the SEC agency will not lose any regulatory power even though the CFTC agency will secure more power to interfere in the crypto space, after approval from Congress.
So here we can say that the SEC agency will remain ready to hit the crypto industry, as it was hitting earlier. And also CFTC agency may bring new challenges for the crypto Industry but still besides these negative assumptions, a few experts are saying that it will bring better clarity on the nature of crypto assets, and further it will help the crypto companies to provide services with better confidence.
Gary Gensler: a crypto criticย
In 2021, Gary Gensler joined the SEC agency. Initially when Gary joined the SEC agency then everyone was thinking that he might play an important role to push crypto adoption because many people were thinking that Gary is a blockchain & crypto technology-friendly person but later it happened the opposite.
In the past, Gary passed many statements in favor of cryptocurrencies, especially about Bitcoin & backend technology Blockchain, so expectation by the crypto sector from the new SEC chairman was normal.
Read also: Ethereum Name Service (ENS) files lawsuit against GoDaddy
SEC chairman supports CFTC regulatory powers over non-security crypto assets
https://bitcoinik.com/sec-chairman-supports-cftc-regulatory-powers-over-non-security-crypto-assets/feed/
https://bitcoinik.com/sec-chairman-supports-cftc-regulatory-powers-over-non-security-crypto-assets/feed/
๐๐Get ready for the biggest ICO of 2022.
โ
ICO Round 1 & 2 are Sold Out
โ
ICO= Initial Coin Offering. Where you can purchase tokens at base price.
โ
ICO has different rounds with different price.
โ
Round-1 price: $0.0005 (Sold Out)
โ
Round-2 price: $0.001 (Sold Out)
โ
Round-3 price: $0.002
โ
Round-4 price: $0.004
โ
Round-5 price: $0.008
๐ICO will be finished on September 15, 2022.
๐Trading will start after ICO completion.
๐๐EXCHANGE LISTING PRICE: $0.02 per KST. That is 40x than ICO Round-1 (Seed round)๐๐
๐ฉ๐ปโ๐ปFor more details pls read pdf in marketing tools section in dashboard.
#koinswap #kst #nft #metaverse #blockchain
๐๐๐๐๐๐๐๐ผ๐๐๐๐ ๐๐๐๐๐๐ฝ
https://koinswap.io/register?referralcode=CFxqfP
โฌโฌโฌโฌโฌโฌโฌโฌโฌโฌโฌโฌโฌโฌ
THIS IS A LIFE CHANGING OPPORTUNITY
*REGISTER N VERIFY UR MAIL N GET 1000 COIN FOR FREE*
TODAY KOINSWAP IS GIVING US 1000 COIN FREE BUT NO ONE CARE TO TAKE IT
๐๐๐๐๐๐
https://koinswap.io/register?referralcode=CFxqfP
JOIN THE GROUP FOR MORE UPDATES
https://chat.whatsapp.com/BGUVkqhI6mg1p9XdJXzBwl
In 2009 you missed# BITCOIN
2014 you missed# DOGE
2015 you missed# XRP
2016 you missed# ETH
2017 you missed# ADA
2018 you missed# BNB
2019 you missed# LINK
2020 you missed# DOT
2021 you missed# SHIBA
https://koinswap.io/register?referralcode=CFxqfP
—————————————————————————————————————————————-
Risk Reminder:
Trading foreign exchange and/or contracts for differences on margin carries a high level of risk and may not be suitable for all investors.
The possibility exists that you could sustain a loss in excess of your deposited funds.
Before deciding to trade the products reviewed by Cryptonews24.eu, you should carefully consider your objectives, financial situation, needs and level of experience.
You should be aware of all the risks associated with trading on margin.
Cryptonews24.eu provides general news and advice that does not consider your objectives, financial situation or needs.
The content of this website must not be construed as personal advice.
Cryptonews24.eu recommends you seek advice from a separate financial advisor.
Nothing on this website should be considered financial advice.
This website is for informational purposes only and you should not rely on anything that is printed or said on this website to make any financial decisions.
