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🚀 The SEC doesn't plan to ban crypto? 👀
| Don't miss out on the juiciest news in the crypto space! Stay in the loop to ensure that you receive our latest newsletters, right in your inbox! | | A wonderful Wednesday awaits, Geckos? Sky Mavis, the company behind the viral P2E game Axie Infinity (AXS), revealed today that it had raised $152 million in a Series B round of funding.
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In today's news, SEC Chair reveals that the SEC has no plan to ban crypto, Binance registers three firms in Ireland amid global regulatory pressure, and TSM FTX partners with Solana's blue chip NFT to release its first NFT collection.
Read on! | | |
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| "No Plan To Ban Crypto," Says SEC Chair On Tuesday, U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler informed Congress that the SEC has no plans to ban cryptocurrency.
When questioned by Rep. Ted Budd (R-N.C.) if the SEC planned to follow China's lead and ban bitcoin favoring a prospective central bank digital currency (CBDC), Gensler said the decision would be up to Congress.
However, Gensler did elaborate his opinion on stablecoins, which he earlier referred to as the "poker chips" at the crypto "casino," adding that they posed a systemic risk to the economy. CoinDesk | | Will Binance Thrive in Ireland? Binance, the world's largest cryptocurrency exchange, has registered three of its firms in Ireland amid governmental measures and international criticism.
According to a report by Ireland's Independent news outlet on Wednesday, the three entities are Binance (APAC) Holdings, Binance (Services) Holdings, and Binance Technologies, all of which were duly incorporated in the country on September 27.
The move follows as regulatory pressure on the Binance brand increases in Australia, the United States, and the United Kingdom. Coindesk | | TSM 🤝 Aurory NFT Collection TSM FTX, a global esports firm, launched the organization's first-ever non-fungible token (NFT) collection on October 1 in collaboration with the Solana (SOL) blockchain-based NFT project Aurory.
In the collaboration, the company released four individual NFTs made by Aurory, each featuring an "Aurorian" wearing TSM items such as the 2017 LCS-winning jersey.
TSM FTX noted that the collaboration is strategically aligned with both projects' mission of encouraging global use of cryptocurrencies via GameFi. Bitcoin.com |
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