SEC is scaling back its crypto enforcement unit: Report
The SEC’s 50-person crypto unit is getting a shakeup with some staff reassigned to other areas, The New York Times reports.
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HSBC Global Head of Digital Says the Bank Is ‘Cautiously Looking’ at Crypto Investment
Global Head of Digital at HSBC, Josh Bottomley, said that the bank is “cautiously looking” at cryptocurrency use cases, Forbes reported July 19. In an interview with Forbes, Bottomley said that HSBC is “cautiously looking into this area [cryptocurrencies],” when asked about the bank’s approach to the crypto. Bottomley further explained that “there’s a use…

Peru is studying crypto exchanges to figure out future laws
The pandemic is not stopping Peru's lawmakers from testing ways of regulating the crypto industry. 1417 Total views 21 Total shares A Peruvian regulator authority said on October 26 that studies currently performed on local crypto exchanges will keep on going despite the COVID-19 pandemic, as the country is looking to find ways to regulate…

Bitcoin’s outlook remains bullish despite macro setback: Grayscale
The upcoming US presidential inauguration could be a positive catalyst, the asset manager said.

The Mt. Gox Redemption: Heading Toward a Happy Ending?
The story of the infamous cryptocurrency exchange Mt. Gox seems to be taking a twist that could bring a relatively happy resolution to one of the most dramatic episodes in the short history of digital money. As the gates are now open for the Japan-based exchange’s creditors to file rehabilitation claims, chances are that most…

Crypto’s onboarding tipping point – can verification keep up?
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Ankr Network, Stacks and Kadena rally while most altcoins cool off
Even with Bitcoin (BTC) price on the verge of a new all-time high, the cryptocurrency market projects an aura of anxious optimism on Oct. 18 as investors await the official launch of the first Bitcoin exchange-traded fund (ETF), which is set to begin trading on Oct. 19. While the market waits for the historic ETF launch, BTC…