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LDO Token Jumps Amid Coinbase CEO's Comments About SEC Staking Ban Rumor

LDO, the governance token of the decentralized autonomous organization behind Lido, spiked after Coinbase CEO Brian Armstrong tweeted that he'd heard rumors that the U.S. Securities and Exchange Commission (SEC) might ban retail investors from engaging in cryptocurrency staking. The Lido protocol, governed by the LDO token, allows for the staking of ether. "The Hash" panel discusses the latest in the world of crypto regulation.

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Coinbase CEO Heard ‘Rumors’ the SEC May Ban Crypto Staking for Retail Customers

Coinbase CEO Brian Armstrong tweeted that he's heard rumors that the U.S. Securities and Exchange Commission wants to ban retail investors from engaging in cryptocurrency staking, the income-generating technique at the core of running blockchains including Ethereum. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De shares the latest developments.

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Mercati

Lido DAO Governance Token Surges sa Coinbase CEO's Comments About SEC Staking Ban

Tumanggi ang SEC na magkomento sa mga alingawngaw na nilayon nitong uriin ang mga token na nagpapahintulot sa staking bilang mga securities.

SEC Chairman Gary Gensler (Anna Moneymaker/Getty Images)

Finanza

Ang CEO ng Coinbase ay Binanggit ang 'Mga Alingawngaw' na Maaaring Ipagbawal ng SEC ang Crypto Staking para sa Mga Retail Customer

"Umaasa ako na hindi iyon ang kaso dahil naniniwala ako na ito ay magiging isang kahila-hilakbot na landas para sa U.S. kung iyon ay pinapayagang mangyari," nag-tweet si Brian Armstrong noong Miyerkules.

Brian Armstrong Chief Executive Officer CEO & Co-Founder of Coinbase speaks at Consensus 2019 (CoinDesk)

Politiche

Kumbinsihin ba ng SEC ang isang Hukuman na Karapatan na Lagyan ng Label ang Mga Token na Ito bilang Mga Securities?

Ang kaso ng insider-trading ng ahensya ng U.S. laban sa isang dating tagapamahala ng Coinbase ay nakasalalay sa siyam na mga token na inuri nito bilang mga securities, ngunit ang mga abogado ng dating empleyado ay nagsasabi na hindi ito ganoon.

SEC Chairman Gary Gensler (Anna Moneymaker/Getty Images)

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Ex-Coinbase Manager Pleads Guilty to Insider Trading Charges: Reuters

Reuters reported Tuesday that Ishan Wahi, former product manager at crypto exchange Coinbase (COIN), has agreed to plead guilty to insider trading charges. "The Hash" panel discusses the latest revelations from the first cryptocurrency insider-trading case and how this might shape future regulation. 

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Politiche

Ang Dating Coinbase Manager ay Nakikiusap na Magkasala sa Insider Trading Charges: Reuters

Si Ishan Wahi ay dati nang umamin na hindi nagkasala sa mga pederal na singil ng insider trading.

French authorities sentenced two men to jail for using crypto to fund terrorism in Syria (Shutterstock)

Video

Coinbase Jumps After Judge Dismisses Proposed Class-Action Suit

Needham & Co. Vice President John Todaro discusses why Coinbase (COIN) shares are jumping and its correlation with bitcoin (BTC). Plus, reaction after the U.S.-based exchange won a dismissal on Wednesday of a proposed class-action lawsuit by customers who claimed Coinbase sold them unregistered securities.

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Charlie Munger Calls for US Crypto Ban; Coinbase Shares Jump as Crypto-Related Stocks Continue Post-Fed Rally

Berkshire Hathaway (BRK) Vice Chairman and staunch bitcoin skeptic Charlie Munger has called for the United States to follow in the footsteps of China and ban cryptocurrencies. And, the latest on Coinbase (COIN) shares jumping more than 20% after the Federal Reserve’s latest interest rate hike.

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Finanza

Ang Mga Pagbabahagi ng Coinbase ay Pumapaitaas habang ang Mga Stock na May Kaugnay na Crypto ay Nagpapatuloy sa Post-Fed Rally

Sinabi ng analyst ng Barclays na ang mga volume ng Coinbase ay tumaas ng 56% noong Enero mula sa nakaraang buwan.

Crypto-related stocks soared after the Federal Reserve's latest rate hike decision. (TradingView)