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U.S. SEC Denies Coinbase’s Push for Crypto Regulations as ‘Unwarranted’

U.S. SEC Denies Coinbase’s Push for Crypto Regulations as ‘Unwarranted’

U.S. crypto exchange Coinbase’s petition to the Securities and Exchange Commission (SEC) to prod it toward a system of tailored rules for digital assets was rejected by the regulator on Friday.

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SEC denies Coinbase petition for new crypto rulemaking, Gensler says

The SEC has denied crypto exchange Coinbase’s ask for digital asset regulation, arguing that current rules already apply. 

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Red Bull Formula 1 team drops NFTs after dominant season

After cleaning up on the Formula 1 circuit in 2023, Red Bull’s team is dropping digital collectibles to commemorate the year.

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Bank of Korea Governor Sees CBDC Introduction as Case for ‘Urgency:’ Report

Stablecoins’ widespread usage and frequent instability could lower the effectiveness of central bank monetary policies, Rhee Chang-yong said.

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Solana Rally Sees FTX’s Holdings Grow to $3.3B, Setting Claims Market on Fire

Go to Source Author: Ian Allison

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Cosmos Layer 1 Namada allocates 3% of token supply to incentivized testnet users

Namada, a multi-chain privacy Layer 1, introduces an incentivized testnet offering 3% of its total supply as rewards.

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First Mover Americas: Bitcoin Ends the Week in Muted Mood

The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 15, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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Solana phone sells out in US as traders spot arbitrage with bonk’s skyrocketing price

The recent rally in the price of bonk tokens has created a strange price arbitrage, leading to high sales of the Solana phone.

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Qredo’s Ankex Crypto Exchange Shutters, CEO Michael Moro Leaves

The hybrid exchange unveiled last year was headed by ex-Genesis CEO Michael Moro, who appears to have departed.

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Qredo shutters derivatives exchange Ankex, Michael Moro departs

A cash crunch at Qredo has forced it to shutter a hybrid exchange project that launched in beta just a few months ago.  

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