Investment Learning

  • July 15, 2024

Hong Kong Securities Regulator Lists Seven Unregulated Crypto Exchanges

According to Odaily, the Hong Kong Securities and Futures Commission (SFC) has identified seven cryptocurrency exchanges operating without regulatory oversight. The exchanges listed as non-compliant include Taurusemex, Yomaex, Bitones.org, BTEPRO, CEG, XTCQT, and Bstorest. The SFC's action underscores its commitment to maintaining a secure and transparent financial market by ensuring that all trading platforms adhere to established regulatory standards. This move is part of a broader effort to protect investors and uphold the integrity of the financial system in Hong Kong.

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  • July 14, 2024

Russian Finance Ministry Proposes Digital Currency Trading on Licensed Exchanges

According to Odaily, the Russian Ministry of Finance has proposed allowing licensed exchanges such as the Moscow Exchange and the St. Petersburg Exchange to offer digital currency trading services to selected qualified investors. Anatoly Aksakov, Chairman of the State Duma Financial Markets Committee, believes that Russia's largest exchanges are ready to handle cryptocurrency trading. He emphasized that once the legal framework is established, the exchanges should be able to commence crypto trading swiftly without any issues.

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  • July 14, 2024

AI FinFlare Market Outlook for July 15, 2024

Welcome to the Artificial Intelligence Outlook for Forex trading. https://www.youtube.com/watch?v=RHxJNPy6Jz4 VIDEO TRANSCRIPT Okay, hello everyone, and welcome back. My name is Greg Firman, and this is the Vantage Point AI ...

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  • July 14, 2024

SEC Official Discusses Cryptocurrency Regulation

According to BlockBeats, on July 15, Gurbir S. Grewal, the head of the U.S. Securities and Exchange Commission (SEC) Enforcement Division, discussed cryptocurrency regulation at a recent symposium hosted by the William & Mary Law Review at the College of William & Mary School of Business. Grewal emphasized the necessity of enforcing federal securities laws in the evolving cryptocurrency market. He highlighted that the principles established in the 1946 Supreme Court ruling in SEC v. Howey, which defined securities, still apply to new investment schemes, including crypto assets. Grewal pointed out the significant investor losses caused by fraudulent crypto activities and stressed the urgent need to address these harms. He mentioned numerous charges brought against issuers involved in unregistered and deceptive offerings. Grewal underscored that innovation and compliance with securities laws are not mutually exclusive. The SEC is committed to working with cryptocurrency entrepreneurs to ensure adherence to regulations while fostering technological advancement. He concluded by emphasizing the need for robust enforcement to maintain public trust, protect investors, and enhance confidence in financial markets.

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