SEC Chair Paul Atkins said he will push an “innovation exemption” by year’s end to let crypto companies roll out products without outdated regulatory hurdles. The US Securities and Exchange Commission is working to create an “innovation exemption” that would ease approval of digital-asset products by the end of the year, SEC Chair Paul Atkins said on Tuesday. During an interview on Fox Business, Atkins told anchor Maria Bartiromo that the SEC is working on “rulemaking in the coming months.” An “innovation exemption” would function as a regulatory carve-out, giving crypto companies temporary relief from older securities rules to roll out new products under lighter oversight while the SEC develops tailored regulations. Read more
The Supervisory Board of state-owned Hidroelectrica (stock symbol: H2O), Romania's largest energy producer, decided to launch the selection and appointment process for a new Chief Executive Officer (CEO) and a new Chief Financial Officer (CFO), the company informed its shareholders and investors in a stock market report on Tuesday, Sept 23.
Glassnode warns that Bitcoin profit-taking behavior mirrors past bull market cycle peaks. Should investors expect more all-time highs? Key takeaways: Glassnode data flags Bitcoin’s profit-taking metrics as a late bull market cycle signal. Bitcoin capital inflows have weakened, and large profit-taking has peaked since BTC hit $124,000, but a new all-time high could arrive in two to three months. Read more