Blockchain Association Singapore Welcomes Former Regulator as Latest Board Member
Teng, who has become a member of the board, brings a wealth of experience from the financial and fintech sectors across multiple countries.
Citing an unnamed official, Bloomberg said Treasury won’t go after crypto firms that don’t meet the tax code’s definitions of a “broker.”
Congress should focus on trading, lending and decentralized finance, the securities regulator said.
The move provides an opportunity to get ahead of the regulatory curve – a sore point for the exchange in recent weeks.
The departure of Coinbase's VP of capital markets points to a strategy shift within the publicly traded crypto exchange.
Gensler did not comment on the potential approval of a crypto exchange-traded fund.