Former SEC official warns of upcoming regulatory siege

John Reed Stark calls crypto platforms 'perilous'

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Former SEC official warns of upcoming regulatory siege John Reed Stark, founder and former chief of the Office of Internet Enforcement of the U.S. Securities and Exchange Commission (SEC), has warned about a new regulatory "siege" against crypto platforms. Reed Stark believes that "crypto trading platforms are high-risk, perilous, and inherently unsafe" and recommends investors exit all crypto exchanges. Read more Price Update Play exciting casino games with BTC, BCH & many other cryptocurrencies on BitSpinCasino - an amazing new space-themed casino sponsored by Bitcoin.com. Avail an exclusive welcome offer of up to 3 BTC for a limited time! Play Now In the news Judge postpones Binance US asset freeze A judge in Washington decided to give Binance US and the Securities and Exchange Commission (SEC) time to work out a deal to avoid the freezing of the exchange's assets. The two sides are close to an agreement that will ostensibly protect customer funds without paralyzing the crypto trading platform. Economist Peter Schiff says the Fed destroyed US banking system Economist Peter Schiff says the U.S. banking system is insolvent. He stressed that the Federal Reserve destroyed the U.S. banking system, citing near-zero interest rates at banks while "the Fed funds rate is 5.25% and the real inflation rate is much higher." Coinbase: The SEC told us 'everything other than bitcoin is a security' Brian Armstrong, CEO of Coinbase, the largest U.S.-based cryptocurrency exchange, explained how negotiations reached a standstill with the U.S. Securities and Exchange Commission (SEC). In a recent interview with the Wall Street Journal, Armstrong detailed the changes in how the SEC approached securities regulation and how the exchange has tried to work with regulators since day one. Register for a weekly news update on crypto and finance in Latin America Bitcoin.com News sends Latam news directly to readers' email inboxes, helping them understand Latin American crypto events and developments by putting them in context of the economic realities of the region.  Sign Up Here @2023 Saint Bitts, LLC 858 Zenway Blvd, P.O. Box 1830, Frigate Bay, Saint Kitts and Nevis  This email was sent to yogyabiz.bitcoin@blogger.com. To unsubscribe or manage your subscriptions click here. Have feedback for us? Submit here.