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Showing posts with the label crypto regulation

Could Gary Gensler resign from SEC at the end of November?

Rumors have emerged that the current Securities and Exchange Commission (SEC) Chair, Gary Gensler, could announce his resignation as early as this month. With Donald Trump having vowed to fire Gensler, speculation in Washington indicates that he is set to announce his resignation after Thanksgiving, with plans to exit in early January ahead of Trump’s inauguration, according to a post on X  by Fox Business reporter Eleanor Terrett on November 16. “It’s anyone’s guess when his resignation announcement will come, but chatter in DC circles is that he’ll likely announce after Thanksgiving his intention to exit in early January, ahead of Trump’s inauguration,” Terrett said.  Picks for you Bybit cardholders to enjoy early Black Friday and Cyber Monday deals 2 hours ago ...

Alchemy Pay secures Money Transmitter License in Arkansas, US

The Alchemy Pay platform supports payments in 173 countries. In January 2023, Alchemy Pay earned recognition as an official service provider by Visa, In June 2023, Alchemy Pay was included as one of the compliant service providers within Mastercard’s Site Data Protection program. Alchemy Pay, a cryptocurrency payment gateway, is significantly expanding its global presence following the successful acquisition of a significant payment license in the United States. On September 20, the company officially announced that it had secured a Money Transmitter License in the state of Arkansas. The license was granted by the Arkansas Securities Department and empowers Alchemy Pay to offer a wide range of financial services, including the sale and issuance of payment instruments, stored value, prepaid access, as well as the receipt and transmission of money, virtual currency, and monetary value. The news resulted in a significant surge in the price of Alchemy Pay ...