SEC Chairman Gary Gensler Highlights Risks and Transformative Potential of AI in Capital Markets
Gary Gensler sees artificial intelligence as a transformative technology on par with the internet. However, he, according to the chairman of the SEC, carries certain risks, including for capital markets. In this regard, the regulator, ...
Jurisdictional Uncertainty: SEC and CFTC Debate Ether’s Regulatory Classification
Ether would then fall under the jurisdiction of both the SEC and the U.S. Commodity Futures Trading Commission (CFTC). There is currently no certainty about ETH. CFTC representatives have repeatedly referred to ether as a commodity and stated that it is their agency that should regulate this cryp ...
Founder of Heisenberg Capital Agrees with SEC Chairman on Crypto-Assets as Securities, Bitcoin Advocate Supports Ruling
Founder of Heisenberg Capital agreed with the SEC chairman that all crypto-assets except bitcoin should be considered securities. Bitcoin advocate Max Keiser sided with Gary Gensler, saying that all altcoins, including XRP and ETH, are securities. The businessman noted t ...
Chamath Palihapitiya Believes Cryptocurrency Is Effectively Dead in the US
He said so on the All-In podcast The businessman believes that the "good players" are simply reaping the benefits of FTX and other unscrupulous companies' bankruptcy A new All-In podcast was released last week. Investor, billionaire and cryptocurrency advocate Ch ...
US Congressman Announces Bill to Remove SEC Chairman and Change Decision-Making Process
Warren Davidson, a member of the US House Financial Services Committee, has made headlines by announcing his intention to propose a bill that would change the way decisions are made at the SEC. Specifically, he wants to eliminate the position of chairman and replace it with an executive director ...