RallyRd’s RSE Markets Hit with Hefty Fines by U.S. Regulators for Unsolicited Exchange Operations
RSE Markets Inc. Settles Charges with U.S. Securities Regulators The U.S. Securities and Exchange Commission (SEC), on Wednesday, declared that it has settled charges against RSE Markets Inc., a company that operates the well-known collectibles website, RallyRd. The charges were related to operating as an unregistered exchange. The settled charges that RSE operated a platform […]
“Bitcoin Miami Panel Dismisses ‘Battle’ Buzz, Seeks Unity with Financial Regulators”
A trio of speakers in attendance at Industry Day, May 18, during the Bitcoin 2023 event in Miami held a discussion on government regulation and how the cryptocurrency industry should fight back against the “anti-crypto army.” Moderated by David Zell, cofounder of the Bitcoin Policy Institute, the panel featured Perianne Boring, Founder and CEO at […]
Crypto Firms Beg UK Regulators: Spare Us from US-Style Clampdown!
According to some American lawmakers and businesses, the US is stifling innovation with its confusing and often heavy-handed approach to regulating the crypto space. However, web3 companies are hoping the UK will not follow suit. In fact, a16z, the crypto-focused division of venture capital giant Andreessen Horowitz, recently asked the UK Treasury to adopt a […]
US Stocks Fluctuate as JPMorgan Acquires Seized First Republic Bank Amid Regulatory Intervention
US stock indexes began mixed trading after JPMorgan Chase & Co announced on Monday that it had won the auction to acquire First Republic Bank. The bank’s acquisition came after regulators seized the San Francisco-based lender, marking the third failure of an American bank in just two months. Following the news, the Dow Jones Industrial […]