crypto regulation

POKKET: Crypto Market Update (Aug 4)

POKKET: Crypto Market Update (Aug 4)

Bitcoin price is softer again -2.4% to $38.4k, ETH is also down -4.2% to $2500. Movers are YFII +26%, LINA +18%, OAX DEGO +15%, RSR +11%, rest are relatively calm. The big headline this morning is from SEC Chairman Gary Gensler's speech at the Aspen Security Forum, saying he believes the vast majority of crypto tokens and ICOs violate US security laws and are all securities. He adds, "I believe we have a crypto market now where many tokens may be unregistered securities, without required disclos…
POKKET: Crypto Market Update (July 28)

POKKET: Crypto Market Update (July 28)

Bitcoin is +4.4% to trade just shy of $39k, ETH is +2.5% to just shy of $2300. Movers are ALICE +44%, DEGO +24%, ANT +17%, AXS +14%, no standouts on the downside. Senator Warren is at it again, this time saying at a hearing of the Senate Banking Committee that crypto puts the financial system in the hands of 'shadowy super-coders'. Binance is making it harder to trade Bitcoin anonymously as regulatory pressure mounts on the exchange - CZ announced they will commence processes for licenses and ap…
POKKET: Crypto Market Update (July 9)

POKKET: Crypto Market Update (July 9)

Bitcoin is softer -0.4% to $33100 while ETH is hit harder -4% to $2150. Movers are OXT +16%, ALPHA -22%, RLC -18%, AXS -16%, MANA PUNDIX -15%. Senator Warren has sent a letter to SEC chair Gary Gensler, asking what the agency is doing to regulate crypto, asking some fair questions despite her lack of understanding of the space. China's central bank is calling the pot black, claiming stablecoins pose systemic 'risks' to the global financial system. The EU is looking to propose new AML body to cra…