SEC Will Use All Available Tools to Crack Down on Crypto Firms That Aren’t in Compliance With Its Rules, Says Chair Gensler
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The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has revealed that the regulator will use all available tools to bring crypto platforms into compliance with its rules. In addition, the SEC chief said: “Proof of reserves is neither a full accounting of the assets and liability of a company, nor does it satisfy segregation of customer funds under the securities laws.” SEC Chair Gensler on Crypto Regulation SEC Chairman Gary Gensler stressed the importance of bringing crypto platforms into compliance after the securities regulator filed charges against former Alameda Research CEO Caroline Ellison and former FTX
Following several years of contemplation, Pakistan has ultimately made a bold move for the crypto regulation. As per the reports, the Pakistani authorities are planning to implement comprehensive crypto regulations with the establishment of Pakistan Crypto Council. In this respect, the investment in digital assets such as Bitcoin ($BTC), Solana…
Poolz Finance, a decentralized cross-chain Launchpad and initial decentralized exchange (DEX) offering (IDO) platform built on Web3, has disclosed its strategic partnership with Crypto Paradise, a leading crypto media and growth platform, famous for daily market coverage for top projects. The primary purpose is to make the visibility of Poolz…