The Biden administration is reportedly looking to increase oversight of the crypto market with the aim to protect investors and prevent illicit transactions. White House
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SEC Chair Gensler Says Cryptocurrency Exchanges Need More Regulation, Asks Congress to Weigh in
The new chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, is pushing for more regulation around cryptocurrency exchanges, citing the need for
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Australian Senator Says Cryptocurrency Is Not a Fad — Government Won’t Stand in the Way
Australian Senator and Minister of Financial Services Jane Hume said that “cryptocurrency is not a fad. It is an asset class that will grow in
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Asset Managers UBS, Pimco, T. Rowe Price Caution of Cryptocurrency Investing, Expect Strict Regulations
A number of asset managers have cautioned about investing in cryptocurrencies, including UBS Wealth Management, Pimco, T. Rowe Price, and Glenmede Investment Management. “We expect
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Bridgewater Associates’ Ray Dalio Warns Crypto’s Success Could Bring Tough Regulation
Bridgewater Associates founder Ray Dalio has warned that cryptocurrency’s biggest risk is its own success. He explained that it could attract regulators to come down
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India’s Central Bank RBI Urges Banks to Cut Ties With Crypto Businesses and Traders: Report
India’s central bank, the Reserve Bank of India (RBI), has reportedly informally asked banks to cut ties with cryptocurrency exchanges and traders. Some banks in
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