LUDZIE osiągnęli wzrost o 120,09%, osiągając rekordowy pozio | Blockchain Caesars na Binance Square

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LUDZIE osiągnęli wzrost o 120,09%, osiągając rekordowy poziom 0,00008514 USD o godzinie 19:28 (UTC)! 🔥 🔥 🔥
#PEOPLEpump #PEOPLEbullish 

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US SEC Eases Crypto Reporting For Banks And Brokerages 🚨 accounting rule, the U.S. Securities and Exchange Commission (SEC) is now offering some relaxation on crypto reporting for banks and brokerages. SEC Allows Banks to Exclude Crypto Holdings from Balance Sheets The U.S. securities regulator has now opened up a new pathway for banks and brokerages to avoid reporting their customers’ crypto holdings on their balance sheets. However, the banks need to make sure that they mitigate all associated risks. This is a welcome move in response to the controversial crypto-accounting guidance turning into a matter of strong debate in Congress. The SEC staff has already started offering guidance on certain arrangements that don’t make it mandatory to report a liability of crypto holdings on the balance sheets, said an SEC source familiar with the matter. Several top banking players have been in consultation with the US SEC over the last year. They have also received the approval to bypass the balance sheet reporting while making sure about the protection of customers’ assets in the case of bankruptcy. The SEC has demanded additional measures from the bank, including internal safeguards to enhance the protection of these holdings, the source told Bloomberg. Other Crypto Firms Likely to Benefit From the Rules The SEC’s stand on crypto accounting could be applicable to several other crypto companies in the US offering similar services to crypto holders. Lenders have been arguing that the strict accounting rules prevented them from offering crypto services since bigger balance sheets would trigger capital requirements from the banks, not the SEC. Bank and financial industry trade groups have been advocating for Congress to rescind the staff guidance, which functions as an agency rule. On Thursday, the House failed to override a presidential veto of a measure that sought to revoke Staff Accounting Bulletin 121, thereby leaving the accounting rule as it is. #CPI_BTC_Watch #BankingNews #Megadrop

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$ETH 🚨 🔵 40% of #Ethereum 's supply is basically locked up! 🔒 28% staked. 🔒 12% in smart contracts & bridges. #CryptoNewss #NewsAboutCrypto #TraderEducation #BinanceSquareFamily #ETHETFsApproved

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Digital Chamber Files LEJILEX Amicus Brief in SEC Case 🚨 The Digital Chamber of Commerce has filed a motion for leave to file amicus brief in the existing lawsuit that is between LEJILEX and Crypto Freedom Alliance of Texas (CFAT) against SEC. The organization intends to assist in the plaintiffs’ goal of blocking the SEC from governing the digital assets sector without a legislative basis. Digital Chamber Files LEJILEX Amicus Brief The Digital Chamber has joined LEJILEX and the Crypto Freedom Alliance of Texas in their legal fight against the Securities and Exchange Commission (SEC). This filing was made to support the plaintiffs’ claim that the SEC has been acting beyond its jurisdiction in trying to regulate digital assets under securities laws even in the absence of clear legislation. The amicus brief focuses on the importance of having well-defined and equitable rules and guidelines that are not detrimental to the development of the digital asset industry. Subsequently, the brief states that the actions of the SEC could have dire consequences for not only LEJILEX and CFAT but the entire digital asset industry. It raises the issue that if the court does not step in, the SEC will keep on increasing its enforcement activities unjustly, and might categorize numerous digital assets as securities with no clear rules. SEC’s Regulatory Approach LEJILEX which is planning to launch a trading platform known as Legit. Exchange, in particular, is exposed to legal risks as the position of the SEC remains ambiguous. The firm claimed that it is impossible to apply for registration as a securities exchange or a broker since the SEC has not issued rules on the registration of digital asset trading platforms yet. In launching their trading platform, the plaintiffs claim that they are at risk of being subjected to enforcement actions by the SEC for operating an unregistered securities exchange. The amicus brief filed by the Digital Chamber also provides a wider perspective of the extent of the SEC’s actions. #launching #CryptoNewss #CPI_BTC_Watch

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#bitcoin☀️ v/s #USA_Election 😂 Everywhere in the crypto market $BTC #Trump 🥂

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