Institutional investors are optimistic about the SEC having more power to regulate the crypto space. bitcoin cryptocurrency
Institutional investors are optimistic about the U.S. Securities and Exchange Commission having more power to regulate the crypto market, a recent survey shows. They believe that if the SEC is granted extra powers, the prices of cryptocurrencies will be positively impacted.Nickel Digital Asset Management, a regulated European digital asset hedge fund manager, recently released a report on the institutional adoption of crypto assets.
The report explains that security concerns top the list of why institutional investors are skeptical about investing in crypto assets. According to the survey results, 79% of all respondents see asset custody as the key consideration for investing in the crypto space. The report further notes: “Further 12% included the carbon footprint from Bitcoin and other cryptocurrencies in their top three reasons for not investing,” the report adds.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Coinbase insiders sold over $40 million in COIN during December selloff, SEC data showsCoinbase, the first crypto exchange to issue stock publicly in the U.S., has had a rocky couple of months. Data reveals that company insiders and early investors have been part of a significant selloff.
Read more »
SEC Bolsters Its Case Against Ripple's Key Defense.SECGov has cited a verdict in the SEC v. Fife case to strike Ripple's key fair notice defense
Read more »
XRP Price Wavers as Update in SEC Lawsuit Puts Ripple at CrossroadsSEC's updated lawsuit puts Ripple at a crossroads as XRP price wavers XRPCommunity ripple xrp
Read more »
SEC charges Crowd Machine over allegedly unregistered ICOThe US securities regulator charged Craig Sproule and his two companies over an ICO of the firms' Crowd Machine Compute Tokens.
Read more »
Crypto Investors in Thailand to Pay 15% Capital Gains Tax, Report Unveils – Taxes Bitcoin NewsCrypto-related profits, such as those resulting from the trading of digital currencies, will be taxed at a rate of 15% in Thailand.
Read more »
CoinDesk: Bitcoin, Ethereum, Crypto News and Price DataLeader in cryptocurrency, Bitcoin, Ethereum, XRP, blockchain, DeFi, digital finance and Web 3.0 news with analysis, video and live price updates.
Read more »