Kamala Harris’s Crypto Comments Draw Criticism
Kamala Harris‘s pro-crypto comments clash with the administration’s stance, raising concerns about consistency and the need for innovation support. The administration’s general posture is in direct opposition to Kamala Harris’s favorable statements regarding cryptocurrencies. Nate Geraci, President of ETF Store, underscored the necessity for the government to be receptive to innovation and emphasized that Harris’s […]
Binance to Allocate 20% of New Hires to Compliance, Says CEO
Binance plans to hire 1,000 new staff this year, with 20% focused on compliance, as regulatory spending tops $200 million. According to reports, Binance, the largest cryptocurrency exchange in the world, intends to increase its workforce by 1,000 this year. Compliance will comprise at least 20% of the new employees. The company’s annual expenditure on […]
Nvidia Crypto Sales Case May Trigger ‘Frivolous’ Lawsuit Surge — Advocate Group
The Digital Chamber warns that the revived Nvidia investor lawsuit could lead to a surge in “frivolous” securities suits against the crypto industry if allowed to proceed. An industry advocacy group asserts that the crypto industry may be exposed to a surge of “frivolous securities lawsuits” if the United States’ highest court permits the resumption […]