# Elusive Bitcoin ETF: Hester Peirce criticizes lack of legal clarity for crypto

# Elusive Bitcoin ETF: Hester Peirce criticizes lack of legal clarity for crypto

” Elusive Bitcoin ETF: Hester Peirce criticizes lack of legal clarity for crypto “ The crypto sector may be maturing, but regulatory clarity around the treatment of digital assets continues to remain cumbersome.  This was recently highlighted by Commissioner Hester Peirce — also known as the United States Securities and Exchange Commission’s (SEC) “crypto mom”…

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# Celsius reportedly seeks advice from lawyers on restructuring

# Celsius reportedly seeks advice from lawyers on restructuring

” Celsius reportedly seeks advice from lawyers on restructuring “ Crypto lending platform Celsius Network (CEL) has onboarded restructuring lawyers from Akin Gump Strauss Hauer & Feld to find potential solutions to the firm’s financial woes.  The firm is reportedly looking for other strategic alternatives, such as a financial restructuring, apart from its attempts to…

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# SEC boss worries crypto bill undermines financial protections

# SEC boss worries crypto bill undermines financial protections

” SEC boss worries crypto bill undermines financial protections “ United States Securities and Exchange Commission (SEC) Chairman Gary Gensler said he’s worried that a proposed bill to create a regulatory framework for cryptocurrencies could weaken investor protections in the traditional financial market. Speaking at The Wall Street Journal’s CFO Network Summit on June 14…

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# Iowa regulator orders BlockFi to pay 3K over alleged unregistered securities offering

# Iowa regulator orders BlockFi to pay $943K over alleged unregistered securities offering

” Iowa regulator orders BlockFi to pay $943K over alleged unregistered securities offering “ The Iowa Insurance Division, or IID, a regulator responsible for many securities sales in the state, has fined crypto lending firm BlockFi more than $943,000 after allegedly offering and selling unregistered securities. In a Tuesday announcement, the state regulator said BlockFi…

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# EU commissioner reiterates need for ‘regulating all crypto-assets’

# EU commissioner reiterates need for ‘regulating all crypto-assets’

” EU commissioner reiterates need for ‘regulating all crypto-assets’ “ Mairead McGuinness, the Commissioner for Financial Services, Financial Stability and Capital Markets Union at the European Commission, is moving forward with discussion on regulating cryptocurrencies amid three major events in the space. In written remarks for a speech in Brussels on Tuesday, McGuinness said the…

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