Hello NWC Fam. Let's take a look at a few highlights together.

12 Sep 2023, 09:31

Hello NWC Fam! Let's take a look at a few highlights together. ✧ India’s economic affairs secretary says the Indian government will decide on the country’s crypto position “in the coming months.” He explained that the government will consider all the recommendations presented at the G20 summit regarding crypto regulation “very carefully and decide our own policies and thereafter take further action.” ✧ Coinbase CEO Brian Armstrong has explained that crypto regulation in the U.S. will happen in one of a few ways. He noted that Coinbase is seeing more institutional investors coming in and signing up as they seek “a flight to quality.” The executive added: “There’s a possibility we’ll just get a different SEC chair in 2024 or beyond.” ✧ U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler is doubling down on his crypto objections in his first remarks following the second recent court setback in his agency’s sweeping legal fight with the industry. After decisions in the Ripple case that energized crypto advocates and the even more pronounced failure of the SEC’s Grayscale bitcoin ETF dispute, Gensler is holding the line on warning about the sector flaunting securities laws, according to written testimony set for delivery to the Senate Banking Committee on Tuesday. ✧ Binance CEO CZ said that there was a technical problem with futures trading and the team is working on it. Then it was announced that this problem had been solved. #India #Coinbase #SEC #Binance