{
}
Bitcoin (BTC) has dropped below $95,000, falling to a low of $92,911 amid rising bond yields and economic uncertainty, while Ethereum (ETH) shows resilience, trading around $3,300. The SEC's outgoing chair, Gary Gensler, emphasizes the need for better regulation in the crypto market as he prepares to step down, with pro-crypto Paul Atkins nominated to succeed him. Analysts suggest BTC's decline may be temporary, potentially setting the stage for a rally coinciding with Donald Trump's inauguration.
[Bloomberg]
Don Wilson, founder of DRW Holdings LLC, advocates for a complete overhaul of the U.S. securities regulatory framework, suggesting the elimination of both the SEC and CFTC. He argues that the ongoing friction between the two agencies is counterproductive and calls for the establishment of a new regulatory body.
The crypto industry is poised for significant regulatory changes as the anticipated departure of SEC Chair Gary Gensler looms. Gensler, known for his stringent enforcement actions against numerous crypto firms, including Coinbase and DRW Holdings, has spearheaded a robust crackdown on the digital-asset sector.
DRW Holdings LLC
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
bitcoin slump signals potential rally as crypto market faces regulatory challenges
Coinbase Global, Inc.
BlackRock, Inc.
DRW Holdings LLC
USA
Gary Gensler
Paul Atkins
Katie Stockton
Show more
10:00 09.01.2025
crypto market faces uncertain future as gary gensler emphasizes need for oversight
DRW Holdings LLC
Coinbase Global Inc
USA
Jay Clayton
Gary Gensler
Paul Atkins
Donald Trump
Show more
08:24 09.01.2025
trading titan calls for overhaul of us securities regulatory framework
14:21 27.11.2024
crypto enforcement faces major rollback with potential gary gensler departure
00:00 07.11.2024
Trending
Subcategory
Stock Market Updates
Corporate News
Industry Trends
Finance Mergers & Acquisitions
Hedge Funds & Private Equity
Global Trade Developments
Global Financial Events
Market Analysis and Predictions
Financial Scams and Security
Government Policies
Banking Regulations
CEO Changes
Startups & Entrepreneurship
Economic Sanctions
Retail and Consumer Goods
Industry Mergers & Acquisitions
Central Bank Actions
Workplace Trends
International Relations
Government Economic Policies
Countries:
Companies:
JPMorgan Chase & Co.
Tesla, Inc.
The Goldman Sachs Group, Inc.
Wells Fargo & Company
Apple Inc.
Bank of America Corporation
Barclays PLC
Citigroup Inc.
Morgan Stanley
Berkshire Hathaway Inc.
Microsoft Corporation
SpaceXCoin USD
The Charles Schwab Corporation
AMERICAN EXPRESS
Amazon.com, Inc.
U.S. Bancorp
UBS Group AG
Banco Santander, S.A.
Deutsche Bank Money Market PP
Citizens, Inc.
Currencies:
United States Dollar
Euro
Indian Rupee
Chinese Yuan
Japanese Yen
British Pound Sterling
South Korean Won
Swiss Franc
United Arab Emirates Dirham
Canadian Dollar
Israeli New Shekel
Swedish Krona
Mexican Peso
New Taiwan Dollar
Egyptian Pound
People: