Cryptocurrencies today (15): Bitcoin (BTC) at $22k, with FTX and SEC vs. custodians

by time news

Around 7:10 am this Wednesday (15), Bitcoin (BTC) appreciated by 1.57%, quoted at US$ 22,156.9, in the variation of the last twenty-four hours.

Ethereum (ETH) was up 2.52% to a price of $1,550.14 over the same range.

Meanwhile, Cardano (ADA), Dogecoin (DOGE) and Polygon (MATIC) were all outperforming over 5%, while XRP (XRP) was looking for gains of up to 4% on the day’s swing.

BNB (BNB), however, despite a considerable increase, kept its negative numbers at almost 10% retracement in the weekly variation.

Source: Investing.com Brazil

Highlights

FTX

US prosecutors have raised concerns about FTX cryptocurrency exchange founder Sam Bankman-Fried’s use of a Virtual Private Network (VPN) to access the internet, and have asked a district judge for more time to discuss his bail conditions. .

(Reuters)

SEC vs. keeping watch

Sources told the agency Bloombergaccording to the website CriptoFacil, that the SEC intends to establish new rules as of Wednesday (15). Under the new legislation, the process to become a qualified custodian will become more difficult.

Qualified custodians are currently licensed to hold and store digital assets on behalf of their clients.

With the rule change, institutional funds involved with cryptocurrencies will likely have to transfer their funds elsewhere. In addition, they may also face surprise audits of their custody relationships and other checks.

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