crypto regulation
What to Watch in Bitcoin This Week
Bitcoin’s price continues to rise, up more than 4% on the day. Patrick Heusser, head of trading at Crypto Finance AG, discusses his crypto markets analysis and outlook, explaining what he sees as drivers for positive or bullish sentiment around bitcoin.
White House Reportedly Considering Executive Order on Crypto Oversight
The U.S. government may expand its efforts to study and regulate the roughly $2 trillion digital asset sector. According to Bloomberg, the Biden administration is considering an executive order for federal agencies, which would require them to examine the crypto industry and provide recommendations on their oversight. CoinDesk's Nikhilesh De discusses what we know so far and what we can expect.
Bitcoin Price Surges to 5-Month High, What’s Driving Bitcoin’s Rally?
Bitcoin’s price has skyrocketed to a 5-month high of over $54,000 as bullish sentiment returns, with the cryptocurrency already up 25% this month. CoinDesk’s Galen Moore discusses insights into the possible factors driving what he calls the “spot-market driven rally” and its potential connection to tether, China, crypto regulation, and ETFs.
a16z Recommends US Regulate Crypto With Decentralization in Mind
Venture capital firm Andreessen Horowitz (a16z) has suggested four areas where the U.S. government can govern crypto and blockchain technology.
SEC Chair Gary Gensler: A Ban on Crypto Would Be ‘Up to Congress’
Responding to whether the SEC had any plans to follow China’s lead in banning cryptocurrency in favor of a prospective central bank digital currency (CBDC), SEC Chair Gary Gensler said Tuesday, “No, that would be up to Congress,” suggesting the agency has no plans to ban crypto.
Bitcoin Breaks $50K for First Time in a Month
Bitcoin, the largest cryptocurrency by market value, broke above the crucial psychological threshold of $50,000 Tuesday for the first time since Sept. 7. Travis Kling, founder and CIO of Ikigai Asset Management, discusses his bitcoin analysis and outlook, explaining key patterns he’s continuing to watch.
US Lawmaker Proposes Safe Harbor Bill, Echoing SEC Commissioner Peirce
"The Hash" hosts discuss the specifics, reactions, and possible outcome of Rep. Patrick McHenry (R-N.C.), the ranking member on the House Financial Services Committee, unveiling a safe harbor bill Tuesday called the “Clarity for Digital Tokens Act of 2021.″ The provision would effectively codify SEC Commissioner Hester Peirce’s Token Safe Harbor proposal, which aims to create a pathway for crypto startups to launch token sales to fund their projects without fear of SEC enforcement.
SEC Delays Decision on 4 Bitcoin ETFs
The U.S Securities and Exchange Commission (SEC) has delayed its decision on four proposals for bitcoin exchange-traded funds (ETFs) from Global X, Kryptoin, Valkyrie, and WisdomTree by 45 to 60 days. This comes as SEC Chairman Gary Gensler suggested bitcoin futures ETFs are most likely to gain regulatory approval.
Biden Administration Seeks Regulating Stablecoin Issuers as Banks
The Biden Administration plans to ask Congress to create a special purpose bank charter for stablecoin issuers, subjecting companies like Circle and Tether to stricter oversight. CoinDesk's Nikhilesh De discusses what we know so far. Plus, his take on the Pandora Papers revealing the financial secrets of the rich and powerful and what it could mean for crypto.
Is Puerto Rico a Crypto Utopia?
Puerto Rico’s hands-off approach to capital gains, income, and business taxes is attracting crypto’s nouveau riche to its shores. Puerto Rico Blockchain Trade Association’s Giovanni Mendez and Keiko Yoshino discuss why the island is an important destination for the blockchain community and what it offers.