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CFTC Commissioner Prefers Legislative Action Over Regulatory Ambiguity Around New Technology
"I would prefer to have a legislative body act" when it comes to regulatory ambiguity related to new technology, CFTC Commissioner Summer K. Mersinger tells "First Mover."
South Korean Prosecutors Reportedly Froze $39.6M of Crypto Tied To Do Kwon
Prosecutors in South Korea have frozen $39.66 million of cryptocurrency assets belonging to Terraform Labs CEO Do Kwon, according to Korean media outlet News1. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the report and Do Kwon's response on Twitter.
Commissioner Mersinger Expresses Dissent Over CFTC Action Against Ooki DAO
The Commodity Futures Trading Commission (CFTC) can serve a decentralized autonomous organization (DAO) through a website help bot and forum post, a federal court ruled Monday. CFTC Commissioner Summer K. Mersinger shares her thoughts about the latest action from the agency and the wider U.S. crypto regulatory landscape.
Bitcoin Hovers Close to $20K Amid ‘Uptober’ Optimism
Despite ample turmoil in financial markets over the past couple months, bitcoin has stayed remarkably resilient. Wave Financial Managing Director Nauman Sheikh shares insights into his outlook for bitcoin (BTC) as ‘Uptober’ optimism gains traction on crypto Twitter.
Elon Musk: Twitter Deal Is an ‘Accelerant’ to Creating ‘Everything App’
Tesla CEO Elon Musk is reviving his $44B deal to buy Twitter, tweeting that the planned acquisition is an “accelerant to creating X, the everything app.” CFRA Senior Equity Analyst Angelo Zino discusses what this means for the industry and how it could impact the crypto space.
Celsius Co-Founder Daniel Leon Reportedly Resigns as Mashinsky Exits
The Financial Times reports that Celsius Network co-founder and Chief Strategy Officer S. Daniel Leon resigned Tuesday. He is the latest executive to depart the company after now-former CEO Alex Mashinsky. Global Policy & Regulation Managing Editor Nikhilesh De discusses the latest c-suite changes for the crypto lender.
Tornado Cash Debate: What Does This Mean for Crypto Regulation?
In the wake of the Tornado Cash sanctions, Forkast Editor in Chief Angie Lau sat down with industry experts to talk about the implications for crypto privacy and regulation in our flagship event Crypto Rising. This story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."
Barclays Remains Positive on Bitcoin; Elon Musk Reportedly Reignites Twitter Acquisition Plans
Barclays remains positive about bitcoin (BTC) long-term, and views bitcoin miner Core Scientific as a “best-in-class, leveraged play.” Plus, Bloomberg reports that Tesla CEO Elon Musk is offering to go through with his $44 billion Twitter deal, sending the social media stock price soaring.
Crypto Retail Payments Thriving in Sub-Saharan Africa: Chainalysis
A new report by blockchain data firm Chainalysis reveals crypto is quietly thriving in Sub-Saharan Africa. Chainalysis Director of Research Kim Grauer discusses the region's state of crypto, breaking down the latest data on adoption and usage trends.
Bitcoin Above $20K on Hopes of Fed Pivot
Delphi Digital Markets Associate Jason Pagoulatos discusses his outlook for bitcoin as the cryptocurrency breaks above $20K amid hopes that the Fed and other global central banks will pivot away from their money-tightening policies. Plus, how Tesla CEO Elon Musk's reported Twitter plans could impact the crypto markets.