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Category: FINANCE

Posted on 04/08/2021

Infrastructure Bill Threatens Cryptocurrency Ecosystem: Why Is Crypto Being Targeted With More Tax Reporting Burdens Than Traditional Finance?

The crypto community is rightly outraged over sweeping language that could harm not just cryptocurrency exchanges such as Coinbase, but the software developers and other small entrepreneurs that keep ... ( read original story ...)

Posted on 04/08/2021

Crypto market “rife with fraud, scams and abuse,” SEC chief says

"I worry a lot of people will be hurt," Gary Gensler said of "Wild West" nature of cryptocurrency buying and selling. ( read original story ...)

Posted on 04/08/2021

‘This will probably be the first step’: What crypto investors should know about the Senate infrastructure bill proposal

To fund the infrastructure bill, the Senate proposed a crackdown on crypto tax collection. But investors shouldn't be worried just yet, experts say. ( read original story ...)

Posted on 04/08/2021

SEC Chair Gary Gensler slams crypto as the ‘Wild West’

SEC Chair Gary Gensler called the crypto markets 'rife with fraud,' sending the price of major coins like Bitcoin tumbling. ( read original story ...)

Posted on 04/08/2021

Crypto Rules in Infrastructure Bill Eyed for Bipartisan Rewrite

Senators Ron Wyden and Pat Toomey are drafting a proposal to overhaul a cryptocurrency provision in the $550 billion bipartisan infrastructure bill that traders and investors have criticized as being ... ( read original story ...)

Posted on 04/08/2021

What the SEC chair’s comments on crypto mean for a possible bitcoin ETF

The head of the SEC says that crypto assets need a lot more regulation before they can move forward.Speaking at the Aspen Security Forum, SEC Chair Gary Gensler said, "This asset class is rife with ... ( read original story ...)

Posted on 04/08/2021

SEC’s Gensler says crypto investors need more protection

The chairman of the Securities and Exchange Commission said that investors need more protection in the cryptocurrency market, which he said is “rife with fraud, scams and abuse." ... ( read original story ...)

Posted on 04/08/2021

This crypto scam bilked investors out of $11 million — and paid action star Steven Seagal to promote it

Prosecutors say the scam was one of as many as 20 similar crypto frauds run by a group of Serbian nationals that bilked investors out of as much as $70 million. ( read original story ...)

Posted on 04/08/2021

Coya Therapeutics eyes IPO, but first they need some mid-stage data for ALS hopeful

Coya Therapeutics is planning a phase 2b trial to support an FDA approval for an ALS candidate as the biotech positions for another round of funding by year's end and a potential IPO down the ... ( read original story ...)

Posted on 04/08/2021

Nykaa Becomes Latest Startup To File For IPO, To Raise Rs. 4000 Crore From Public Markets

India's list of IPO-bound startups is slowly turning into a deluge. Beauty startup Nykaa has become the latest Indian startup to make a beeline for the stock markets. The company has filed its Draft R ... ( read original story ...)

Posted on 04/08/2021

Crypto Rewards Are the Latest Credit Card Trend. But Are They A Good Idea?

Crypto rewards credit cards aren’t for everyone, but they can help crypto investors pad their portfolios with a little extra coin. ( read original story ...)

Posted on 04/08/2021

Crypto Regulation Needs Clarity, But Rushing It Is A Bad Idea

Rushing through crypto regulation will cause more harm than good, but having more substantive conversations is a good start. Current proposed language in the infrastructure bill working its way ... ( read original story ...)

Posted on 04/08/2021

Tokyo’s Olympic Medals Are Made Entirely From Recycled Gadgets

Olympic medals are made entirely from recycled electronics. Organizers gathered over 47,000 tons of tech waste to create them. Japanese citizens donated over five million cell phones for the effort. ( read original story ...)

Posted on 03/08/2021

Krsnaa Diagnostics IPO opens tomorrow: Here’s everything you need to know

The Rs 1,213.3 crore initial public offering (IPO) of Krsnaa Diagnostics will be available from August 4-6, 2021. It has a price band of Rs 933-954 per share. ( read original story ...)

Posted on 03/08/2021

Crypto Price Prediction: Why Bitcoin Could Hit $700,000 In Just 10 Years

Bitcoin and cryptocurrencies, despite some recent volatility, have soared over the last year—with the bitcoin price up around 250%. ( read original story ...)

Posted on 03/08/2021

SEC chief Gary Gensler says crypto will only become mainstream if clear rules are in place, as he plans tighter regulation

Gary Gensler likened crypto to driving, which only took off when the government laid out clear rules of the road. ( read original story ...)

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