Paul Atkins sworn in as US SEC Chair

[Abiky]

CZ is no longer CEO, but he remains Binance's largest shareholder, holding 90% of the shares. Not to mention, his wife Yi He, who is a co-founder and still works and holds the position of vice president of marketing at Binance. So there is no doubt that CZ is still the one running things at Binance.

But whether the SEC will drop the case against Binance remains a question mark. Because Binance or CZ are not US companies and citizens, unlike XRP or Coinbase...both are US companies. The Trump administration is open and friendly to crypto but they have made it clear that they will prioritize US companies and projects.

I always knew CZ was still involved in Binance's operations. How would he be stupid enough to let go all of his fortune that easily? There's lots of money to be made by operating the biggest crypto exchange in the world. With such power, CZ can manipulate things to his own favor.

I'm sure Binance will reach an agreement with the SEC soon. Money talks, right? I understand Binance itself is not a US company, but having a branch in the US might bring some benefits to the company. The Trump administration does encourage companies to move to the country. So negotiations will be made until a deal is reached. At least, there won't be as much trouble as there was in the past with Gary Gensler as SEC chairman. Let's see what happens in the long run.

[Sonia_123]

Bitwise Files S-1 For NEAR ETF With US SEC
Bitwise has filed its registration statement with the US SEC to offer a NEAR ETF, which would provide investors with exposure to the altco
https://coingape.com/bitwise-files-s-1-for-near-etf-with-us-sec/
Bitwise has filed its registration for a NEAR ETF with the US SEC.
A 19b-4 filing is expected to follow, which would kickstart the approval process.
The SEC has so far delayed its decision on other crypto ETFs.
Asset manager Bitwise has

[FortuneFollower]

CZ is no longer CEO, but he remains Binance's largest shareholder, holding 90% of the shares. Not to mention, his wife Yi He, who is a co-founder and still works and holds the position of vice president of marketing at Binance. So there is no doubt that CZ is still the one running things at Binance.

But whether the SEC will drop the case against Binance remains a question mark. Because Binance or CZ are not US companies and citizens, unlike XRP or Coinbase...both are US companies. The Trump administration is open and friendly to crypto but they have made it clear that they will prioritize US companies and projects.

I always knew CZ was still involved in Binance's operations. How would he be stupid enough to let go all of his fortune that easily? There's lots of money to be made by operating the biggest crypto exchange in the world. With such power, CZ can manipulate things to his own favor.

I'm sure Binance will reach an agreement with the SEC soon. Money talks, right? I understand Binance itself is not a US company, but having a branch in the US might bring some benefits to the company. The Trump administration does encourage companies to move to the country. So negotiations will be made until a deal is reached. At least, there won't be as much trouble as there was in the past with Gary Gensler as SEC chairman. Let's see what happens in the long run.

I think Binance will just drop some of their bars on the way to drop this case in question, because clearly, the leverage to be reached should be found eventually.

The art of the deal, as they say, and I am too interested in how it would end.

[Sonia_123]

US SEC To Consider Potential Tokenization Exemption For Companies
There is a shift in the US SEC approach to regulations which might now spread to tokenization as confirmed by Commissioner Peirce
https://coingape.com/us-sec-to-consider-potential-tokenization-exemption/
Markets regulator plan to permit companies in the US to engage in tokenization
This shift might be discussed at the coming US SEC crypto roundtable next week
Changes in regulations across the board might also impact crypto ETF applications.

[Abiky]

I think Binance will just drop some of their bars on the way to drop this case in question, because clearly, the leverage to be reached should be found eventually.

The art of the deal, as they say, and I am too interested in how it would end.

Well, I've read that now CZ is seeking a "Presidential Pardon" from US President Donald Trump. If materialized, CZ's criminal record would be cleared, paving the way for him to join Binance once again. For what I know, CZ never loses (unlike rival SBF). So these next 4 years might be the brightest ones for Binance yet. A win-win for the whole crypto industry.

Obviously, things will be much better without Gary Gensler around. We're already seeing the market's bullish movements with the new SEC chairman in play. Hopefully, America positions itself as the leading force of the crypto industry in the long run.

[SquirrelJulietGarden]

Well, I've read that now CZ is seeking a "Presidential Pardon" from US President Donald Trump. If materialized, CZ's criminal record would be cleared, paving the way for him to join Binance once again. For what I know, CZ never loses (unlike rival SBF). So these next 4 years might be the brightest ones for Binance yet. A win-win for the whole crypto industry.

Obviously, things will be much better without Gary Gensler around. We're already seeing the market's bullish movements with the new SEC chairman in play. Hopefully, America positions itself as the leading force of the crypto industry in the long run.

He already made a legal aggrement with DOJ and paid his costly fee $4B together with several months in prison. He already was released to community and even joined some cryptocurrency conferences while he already stepped down as Binance CEO before his imprison.

Donal Trump intends to make more cryptocurrency friendly regulations in order to make USA as a favorite hub of blockchain and cryptocurrency companies all over the world. I really don't know that CZ has any chance of a pardon from USA government but if another rumor is true that Trump family want to buy shares of Binance, this pardon can be made. It of course raises question on conflict of interests of the pardon actually is signed by Donald Trump.

[suzanne5223]

I think Binance will just drop some of their bars on the way to drop this case in question, because clearly, the leverage to be reached should be found eventually.

The art of the deal, as they say, and I am too interested in how it would end.

Well, I've read that now CZ is seeking a "Presidential Pardon" from US President Donald Trump. If materialized, CZ's criminal record would be cleared, paving the way for him to join Binance once again. For what I know, CZ never loses (unlike rival SBF). So these next 4 years might be the brightest ones for Binance yet. A win-win for the whole crypto industry.

Obviously, things will be much better without Gary Gensler around. We're already seeing the market's bullish movements with the new SEC chairman in play. Hopefully, America positions itself as the leading force of the crypto industry in the long run.

Footing what I read, CZ filed for the presidential pardon after people like  Ross Ulbricht and BitMEX founders was pardoned by President Trump which is a sign that he's a crypto friendly president.
I hope his case discharge so he would be back to Binance.

About Gary Gensler, I was surprised someone like him will be treat crypto like something he's not aware about despite he once applied for Binance advisor.
After the surprise that come from him, I think we should celebrate Paul Atkins sworn until will be see his positive impact in the entire crypto market.
As the leading force in the market, I think it's too early for the US to claim such position.

[Sonia_123]

SEC Crypto Roundtable: Paul Atkins Vows To Make US Crypto Capital Of The World
Paul Atkins has unveiled fresh plans at the SEC crypto roundtable to transform America into the crypto capital of the world.
https://coingape.com/sec-crypto-roundtable-paul-atkins-vows-to-make-us-crypto-capital-of-the-world/

Paul Atkins says the SEC will pursue a rational regulatory framework toward cryptocurrencies.
The new SEC Chair is targeting fresh regulations for crypto issuance, custody and trading.
The US SEC is pursuing a series of roundtables with key ecosystem players and service providers.

[fikrett]

SEC Crypto Roundtable: Paul Atkins Vows To Make US Crypto Capital Of The World
Paul Atkins has unveiled fresh plans at the SEC crypto roundtable to transform America into the crypto capital of the world.
https://coingape.com/sec-crypto-roundtable-paul-atkins-vows-to-make-us-crypto-capital-of-the-world/

Paul Atkins says the SEC will pursue a rational regulatory framework toward cryptocurrencies.
The new SEC Chair is targeting fresh regulations for crypto issuance, custody and trading.
The US SEC is pursuing a series of roundtables with key ecosystem players and service providers.

Let's see how it works out.

Words are always sweeter than actions

[Abiky]

Footing what I read, CZ filed for the presidential pardon after people like  Ross Ulbricht and BitMEX founders was pardoned by President Trump which is a sign that he's a crypto friendly president.
I hope his case discharge so he would be back to Binance.

About Gary Gensler, I was surprised someone like him will be treat crypto like something he's not aware about despite he once applied for Binance advisor.
After the surprise that come from him, I think we should celebrate Paul Atkins sworn until will be see his positive impact in the entire crypto market.
As the leading force in the market, I think it's too early for the US to claim such position.

Yes. CZ doesn't have anything to lose by asking for a presidential pardon. Heck, even SBF made the same petition after Ulbricht was released from prison. But CZ has a better chance than SBF, because his mistakes were "minimal". Not to mention, SBF was a huge donor of the Democratic Party. Would Donald Trump pardon a proven Democrat? I doubt it.

I sure hope CZ gets a pardon. It would be good for the crypto industry. Things are just getting started, so let's see what happens with the SEC in the long run.

[john_egbert]

Yes. CZ doesn't have anything to lose by asking for a presidential pardon. Heck, even SBF made the same petition after Ulbricht was released from prison. But CZ has a better chance than SBF, because his mistakes were "minimal". Not to mention, SBF was a huge donor of the Democratic Party. Would Donald Trump pardon a proven Democrat? I doubt it.

I sure hope CZ gets a pardon. It would be good for the crypto industry. Things are just getting started, so let's see what happens with the SEC in the long run.

Hopefully, good news to come. Because clearly, there would be lots of positive waves from such a decision regarding CZ and his pardon, though, we never know what would be decided in the end - only await and react.

[Mahiyammahi]

I don't know him wholly and so, I have no expectation except that if he's a known pro Bitcoin and crypto, then let's accept that many ETFs will be filed.

I'm not sure if this news is the reason why the price of Bitcoin has pumped recently. But if it's then people knew him exactly and that's why they have drove the prices again and saw it as a buying opportunity so the demand increased.

Unlike Gary Gensler, I guess that he's hundred times better.

If he is truly pro bitcoin and has a good influence, then the ETF filing is just the beginning. Markets often move ahead of news because those who understand the inside signals, they take action early.
This price pump could be the kind of reactive buy that people who know something big is coming.
It’s not always fundamental, many times perception is the big driver.

will this support really bring long-term inflows, or is it another short-term hope bubble?

[uchegod-21]

I don't know him wholly and so, I have no expectation except that if he's a known pro Bitcoin and crypto, then let's accept that many ETFs will be filed.

I'm not sure if this news is the reason why the price of Bitcoin has pumped recently. But if it's then people knew him exactly and that's why they have drove the prices again and saw it as a buying opportunity so the demand increased.

Unlike Gary Gensler, I guess that he's hundred times better.

If he is truly pro bitcoin and has a good influence, then the ETF filing is just the beginning. Markets often move ahead of news because those who understand the inside signals, they take action early.
This price pump could be the kind of reactive buy that people who know something big is coming.
It’s not always fundamental, many times perception is the big driver.

will this support really bring long-term inflows, or is it another short-term hope bubble?

The best thing right now is to have an open mind towards whatever strategy or policy the new SEC chairman brings. The same thing happened when Trump was elected president, there were lots of expectations from him, and as expected, Bitcoin's price pumped. But when the price dumped, people became disappointed, very disappointed.

The new SEC chairman is coming with some new regulations, just like every other chairman that has come before. We will be hurting ourselves if we begin to expect too much from the new SEC. Let him show his workings, then we can trust him to be friendly to crypto.

[AmoreJaz]

I would have been inclined to say that this event is the main reason for Bitcoin's jump back to almost $100k a few days ago, but it looks like this happened last week and then some days ago. So I guess the market does not react to the SEC anymore.

Whether there's reaction or not, I believe the new SEC Chair will have positive impact in the crypto market. It is only a matter of time before we can see his influence in this market. Because if he is indeed a pro-crypto official, we will see more of crypto-related developments in the next years' to come..
And that below article will give you a glimpse that he is indeed positive with this market. If there is better regulation, it means, more people will have more confidence in dealing with crypto and so the demand is expected in the years to come.

New SEC chair intends to write rules for crypto

[hero_the_bossman]

I would have been inclined to say that this event is the main reason for Bitcoin's jump back to almost $100k a few days ago, but it looks like this happened last week and then some days ago. So I guess the market does not react to the SEC anymore.

Whether there's reaction or not, I believe the new SEC Chair will have positive impact in the crypto market. It is only a matter of time before we can see his influence in this market. Because if he is indeed a pro-crypto official, we will see more of crypto-related developments in the next years' to come..

Whatever we see, it will be interesting, that's for sure.

Imagine the backlash once he would do something opposite of what everybody envisions of him

[Sonia_123]

6Breaking: US SEC Delays Decision On Solana ETFs

The US SEC has requested more time to decide on the Solana ETF filing from Bitwise and 21Shares, sparking speculations in the market

By G5odfrey Be my 5The 21Shares and Bitwise Solana ETF application has received another extension before approval

Amid the delay, the regulator has opened new proceedings that will guide its decision on the products

The price of Solana has stalled and this delay may delay its rebound push
The 21Shares and Bitwise Solana ETF application has received another extension before approval
Amid the delay, the regulator has opened new proceedings that will guide its decision on the products
The price of Solana has stalled and this delay may delay its rebound push

[Abiky]

6Breaking: US SEC Delays Decision On Solana ETFs

The US SEC has requested more time to decide on the Solana ETF filing from Bitwise and 21Shares, sparking speculations in the market

By G5odfrey Be my 5The 21Shares and Bitwise Solana ETF application has received another extension before approval

Amid the delay, the regulator has opened new proceedings that will guide its decision on the products

The price of Solana has stalled and this delay may delay its rebound push
The 21Shares and Bitwise Solana ETF application has received another extension before approval
Amid the delay, the regulator has opened new proceedings that will guide its decision on the products
The price of Solana has stalled and this delay may delay its rebound push

They probably delayed it to buy more Solana at a cheap price. I'm confident the SEC will approve the spot ETF applications soon. After all, the Trump administration is pro-crypto. I recall Trump saying something about adding Solana to the "Strategic Bitcoin Reserve". It would make sense to have the SEC approve spot ETFs for Solana before making the reserve "official".

We'll have to see if the approval of new spot ETFs for SOL would result in a massive "pump" in market prices. After all, ETH never gained momentum once spot ETFs became official. It's still below its last-recorded ATH of $4.8k per coin. All of the attention is on Bitcoin right now. Hopefully, the altcoin season will begin soon. Just my two sats.

[Dogedegen]

CZ is no longer CEO, but he remains Binance's largest shareholder, holding 90% of the shares. Not to mention, his wife Yi He, who is a co-founder and still works and holds the position of vice president of marketing at Binance. So there is no doubt that CZ is still the one running things at Binance.

But whether the SEC will drop the case against Binance remains a question mark. Because Binance or CZ are not US companies and citizens, unlike XRP or Coinbase...both are US companies. The Trump administration is open and friendly to crypto but they have made it clear that they will prioritize US companies and projects.

I always knew CZ was still involved in Binance's operations. How would he be stupid enough to let go all of his fortune that easily? There's lots of money to be made by operating the biggest crypto exchange in the world. With such power, CZ can manipulate things to his own favor.

I'm sure Binance will reach an agreement with the SEC soon. Money talks, right? I understand Binance itself is not a US company, but having a branch in the US might bring some benefits to the company. The Trump administration does encourage companies to move to the country. So negotiations will be made until a deal is reached. At least, there won't be as much trouble as there was in the past with Gary Gensler as SEC chairman. Let's see what happens in the long run.

Speaking of CZ and the SEC: https://coinpedia.org/news/crypto-could-shatter-public-trust-in-banks-warns-european-central-bank-official/. The case against CZ is bogus anyway, he just didn't want to comply as much as they wanted to some overreaching laws and they decided to burn him for it.