US Representative Soto: Most Cryptos Need CFTC’s Light Touch, Not SEC Oversight

U.S. congressman Darren Soto has argued that applying federal securities laws to cryptocurrencies can hurt the market. United States congressman Darren Soto has said that most cryptocurrencies should not be regulated under the country’s securities regulator. Soto made his comments in an interview with financial news channel Cheddar on Jan. 10. According to Soto, crypto […]

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China Introduces New Anti-Anonymity Regulations for Blockchain-Related Companies

China has introduced new guidelines seeking to eliminate anonymity in blockchain networks. The Cyberspace Administration of China (CAC) has introduced new regulations for blockchain firms that are operating in the country. The announcement was published on the regulator’s website on Thursday, Jan. 10. According to the CAC, the guidelines, which will come into force on […]

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Crypto Exchange Seed CX Launches On-Chain Wallet Solution for Institutional Investors

Crypto exchange Seed CX, a Chicago-based platform targeting institutional clients, has launched a new digital asset wallet solution with on-chain settlement. Crypto exchange Seed CX — a Chicago-based licensed platform targeting institutional clients — has launched a digital asset wallet solution with on-chain settlement, according to a press release published Jan. 10.   Seed CX […]

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Venezuelan WTO Request Accuses US of ‘Discriminatory Measures’ Against Petro Coin

Venezuela has requested consultations with the U.S. government in connection with “discriminatory” sanctions against its national digital currency. Venezuela has taken issue with United States sanctions, including those levied against transactions in the country’s national digital currency, the Petro (PTR), according to a World Trade Organization (WTO) consultation request, published Jan. 8. The request, dubbed […]

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