Former CFTC Chairman says he would have heavily regulated cryptocurrencies, saying it needs "more regulation than oil"...
Published 4 months ago by Global Crypto Press Association
Speaking on Bloomberg's "Daybreak" Gary Gensler, former chairman of U.S. Commodity Futures Trading Commission, discusses the rise of blockchain technology and regulation of cryptocurrencies. In his opinion, lots of regulations are needed, including all ICO's to be registered as securities - which then gives the SEC powerful oversight authority.Gary was appointed by, and served under President Barack Obama.The current CFTC Chair, J. Christopher Giancarlo appointed by President Trump doesn't want to jump the gun by passing strict regulations that could stop legitimate market growth. For now, his targets are the scammers and people breaking existing laws, where no new regulations are needed to stop them.says Giancarlo. Coin spectator is an automated news aggregation service. All copyrights belong to their respective owners. Images and text owned by copyright holders are used in reference to and promotion of those respective parties. Read in Full
CoinSpectator's cryptocurrency news aggregation service brings stories from multiple trusted outlets, to one central feed...This helps keep the caliber of stories higher. With the explosion of the cryptocurrency world last year, the public's appetite for the latest news surrounding it grew as well. Making sure the news peo ... Read More
Global Crypto Press partners with the 2nd annual CHAINERS Blockchain Week - South Korea!South Korea's biggest blockchain week is happening for it's 2nd year - January 14th-18th, 2019. Guest speakers include:Co-founder Yi He,CEO Brad Garlinghouse,CEO Da Hongfei,founder Roger Ver,Co-founde ... Read More
Voyager to Offer Cost Basis Tax Analysis, Reporting for Customers Trading Crypto Assets...Voyager, a new and licensed commission-free crypto asset brokerage, today announced that it has teamed with Silver Cost Basis, a leading provider of business and technology solutions for the investme ... Read More
Fidelity Investments, the #1 holder of 401k plans in the USA with 23 million customers, announces their big entry into cryptocurrency!For those of you who may not have invested outside of the cryptocurrency markets, first you must understand just how big Fidelity Investments is. They administer more than $7 trillion in customer asse ... Read More
Senate Banking Committee Holds Hearing on Cryptocurrencies...Home / regulations / Senate Banking Committee Holds Hearing on Cryptocurrencies .
Senate Banking Committee Holds Hearing on Cryptocurrencies .
... Read More