Ethereum rally stalls at $3.8K Is SEC ETH ETF decision already priced in?

ETH price gained 25% off mere rumors, but Ethereum derivatives data suggests that Ether could see even more upside.

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SEC Commissioner Hester Peirce Warns Crypto Firms About Lava Floor Regulations

SEC Commissioner and head of the crypto task force, Hester Peirce, compared the current U.S. regulatory environment around digital assets to playing a dangerous game of “the floor is lava” but in total darkness. Speaking at the SECs Know Your Custodian roundtable on April 25, Peirce said financial firms are navigating crypto markets as if […]

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SEC Charges Shapeshift With Regulatory Violations, Sparking Debate on Crypto Regulation

The U.S. Securities and Exchange Commission (SEC) has leveled charges against Shapeshift AG, accusing the company of operating without proper registration. This case has ignited a broader conversation on the regulatory framework for crypto assets, with SEC Commissioners Hester Peirce and Mark Uyeda voicing their dissent and concerns about the SECs current approach toward crypto [...]

The post SEC Charges Shapeshift With Regulatory Violations, Sparking Debate on Crypto Regulation appeared first on Crypto Breaking News.

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SECs crypto task force to host its first meeting on security on March 21

The first roundtable will commence on March 21 between 1 pm and 5 pm at the SEC’s headquarters in Washington DC Hester Peirce said she was “looking forward to drawing on the expertise of the public” The SEC has changed attitude toward the crypto industry, dropping several lawsuits The US Securities and Exchange Commission’s (SEC) […]

The post SEC’s crypto task force to host its first meeting on security on March 21 appeared first on CoinJournal.

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Hester Peirce Urges SEC to Implement Crypto Regulations in Rulemaking

The Securities and Exchange Commission (SEC) Commissioner Hester Peirce emphasized the importance of regulatory clarity in the cryptocurrency space. Peirce, also known as “Crypto Mom,” highlighted the need for clear rules to foster innovation and protect investors. She believes that Congress should take action to provide a regulatory framework that balances innovation and investor protection. [...]

The post Hester Peirce Urges SEC to Implement Crypto Regulations in Rulemaking appeared first on Crypto Breaking News.

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Coinbase Pushes SEC for Clear Crypto Rules: 36 Key Recommendations

Coinbase has taken a proactive step in addressing digital asset regulations by responding to SEC Commissioner Hester Peirces request for information. This response highlights critical elements necessary for a structured regulatory framework. Coinbase’s recommendations focus on establishing a clear taxonomy to differentiate digital commodities from securities, ensuring that secondary market sales of digital commodities are […]

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Hester Pierce strikes back against SEC crypto warning to accounting firms

Hester Pierce, commissioner of the United States Securities and Exchange argued that full transparency should not come at the cost of compromising good-faith efforts.

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SEC Commissioner Hester Peirce Speaks Up on Controversial Penny Stock Bars

SEC Commissioner Hester Peirce has expressed her dissenting stance on the Commission's latest decision to impose permanent penny stock bars on four respondents involved in adjudication matters. This sentiment was publicized in her tweet on June 28, along with a link to an official statement explaining her position. (Read More)

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Hester Peirce: US crypto laws can’t assume ‘everything is a financial asset’

Cryptocurrency laws in the United States should be “reserved” and not regulate the technology as though every use is financial, argues a commissioner at the U.S. Securities and Exchange Commission. On June 29, Commissioner Hester Peirce — dubbed “Crypto Mom” — appeared remotely at Australian Blockchain Week and was asked how she would regulate crypto, answering: [...]

The post Hester Peirce: US crypto laws can’t assume ‘everything is a financial asset’ appeared first on Crypto Breaking News.

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Australian stock exchange may consider listing tokenized real-world assets

The Australian Securities Exchange (ASX) is unlikely to directly list a cryptocurrency on its exchange but could consider an “appropriately-backed” tokenized real-world asset such as gold. Speaking to Cointelegraph, Dan Chesterman, the ASX’s CIO and group executive of technology and data said while there are hurdles for it to directly list a cryptocurrency the company [...]

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SEC Going After Crypto Auditors? Commissioner Peirce Dissents

SEC's recent warning to accounting firms says they could be accountable for crypto audits they make.

Continue reading at DailyCoin.

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“Paternalistic and Lazy”: SEC Commissioner Blasts Agency Crackdown on Kraken

SEC Chair Gary Genslers latest moveforcing Kraken to shut down its staking servicesis being met with criticism from within the agency itself. The SEC Is to Blame Not everyone at...

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SEC Commissioner Calls for Clarity on Howey Test After the FTX Debacle

The FTX collapse shows a need for clearer guidelines on which tokens are actually securities.

Continue reading SEC Commissioner Calls for Clarity on Howey Test After the FTX Debacle at DailyCoin.com.

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Manchester United Gifts First-Ever NFTs to Fans As It Plans Web 3.0 Entry on Tezos (XTZ)

The Red Devils score a deal with Tezos in spite of the continuing crypto market bleed.

Continue reading Manchester United Gifts First-Ever NFTs to Fans As It Plans Web 3.0 Entry on Tezos (XTZ) at DailyCoin.com.

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What are Fan Tokens? Should You Buy Fan Tokens in 2022

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PODCAST: Is it time to switch your salary to USD? Bitwage CEO Jonathan Chester

This year, we have seen the dollar flip the euro. The pound has flailed all over the shop. Don’t even ask about Argentina, who are experiencing 83% inflation, or Venezuela, who barely have an economy anymore.

Inflation is surging around the world. The dollar has absolutely crushed other currencies, as I am sure you have lamented if you are getting paid in anything but the famous greenback – and have hence seen your salary shrink.

This is what made it so topical for me to sit down with the CEO of Bitwage, Jonathan Chester, on the latest episode of the Invezz podcast. Bitwage are a payroll solution provider. Through Bitwage, individuals can split up their salaries how they choose to between Bitcoin, stablecoins other cryptocurrencies, or a combination of everything.  

Around since 2014, Bitwage are about as old as it gets in the crypto space. It’s interesting to hear Jonathan chat about the growth in the number of people choosing to receive part, or all, of their salary in crypto through the years – with obviously the largest jump being during the pandemic, with a combination of The Great Resignation, the cryptocurrency boom and remote working all combining to be the perfect storm for a payroll solutions provider.

We also discuss pensions, with BitWage announcing last week that they have launched a 401(k) plan in partnership with 401(k) provider ForUsAll. This means employees can automatically attribute a portion of their paycheque to crypto, should they so please.

As somebody from Ireland – a euro country – who invoices their work each month, I am acutely aware of the incredibly volatile world of foreign exchange rates. Not only that, but the sheer dominance of the dollar has been staggering. So, it was fascinating to hear Jonathan chat about the pickup in people of foreign nations (especially Latin America and Africa) moving to get paid in USD stablecoins.

The below chart comes from a piece of analysis I published last month assessing quite how dominant the dollar has been. In the context of the below, why wouldn’t you consider apportioning a part of your salary to foreign currencies, if only for some diversification protection?

Obviously, this is dependent on the person. Some require payments abroad, have different time horizons, or different goals. Others want to invest in cryptocurrency. Some just want to hold the safest currency in the world – dollars.

But it definitely presents as an interesting topic to think about. In the year 2022, it has never felt more relevant.

As always feel free to reach out with comments!

Continue the conversation on Twitter with @InvezzPortal, @DanniiAshmore and @BitWage. Or visit https://www.bitwage.com/ for more information. 

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The post PODCAST: Is it time to switch your salary to USD? Bitwage CEO Jonathan Chester appeared first on Invezz.

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Bitcoin, space travel and TikTok debut in Guinness World Records

The latest edition has included a host of achievements from “Cryptomania” including the record CryptoPunk NFT sale and El Salvador becoming the first country to adopt BTC as legal Tender.

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Fake Manchester United token soars 3,000% after Elon Musk jokes about buying team

Other Manchester United-related assets also rallied after Musk's tweet, as well as Manchester City's fan token.

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Pro-Crypto SEC Commissioner Slams Agency’s Regulatory Approach

Hester Pierce has issued a public statement criticizing the U.S. Securities and Exchange Commission’s new regulatory agenda. She described the agency’s approach as “flawed” and dangerous for the country’s capital...

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'Rush of radical rulemakings' — Hester Peirce criticizes SEC agenda

Peirce has called for regulatory clarity around certain issues relating to crypto as part of the SEC Spring 2022 Regulatory Agenda, which was released on Wednesday.

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