In a new article, Upstream shines the spotlight on Genesis and Geminiโs SEC charges and the risks of unregulated securities. โLast week, it was reported that through their cryptocurrency loan program, Gemini Earn, Genesis Global Capital LLC, and Gemini Trust Company LLC were charged by the Securities and Exchange Commission โSECโ for soliciting and selling unregistered securities to 340,000 retail investorsโฆ It will be eye-opening to see how the two firms and the crypto market as a whole respond to these crackdowns. Much of the industry is still operating in a legal gray area. This news and the overall state of the market continue to generate louder calls for clearer regulatory standards for the blockchain industry. At the end of last year, a national survey from Grayscale, conducted by The Harris Poll on its behalf, found that 81% surveyed agreed there should be clearer cryptocurrency industry regulation,โ reads the piece, written by Anastasia Samaras. The article further explains that companies would do well to take a proactive approach to compliance and delves into the distinction with Upstream. โUpstreamโs methodology has always tended to achieve a harmonious balance between traditional and digital market structures. We set out to use technologies to optimize compliance, not replace it, which is proving to be paramount.โ
To view the full press release, visitย https://ccw.fm/2sC5a
About Upstream
Upstreamโs trading ecosystem is positioned to lead the next generation of blockchain-powered exchanges. Further, Upstream believes that platforms that are forward-thinking when it comes to the changing regulatory landscape will come out on top. Join the future of trading atย https://upstream.exchange/.
About CryptoCurrencyWire (โCCWโ)
CryptoCurrencyWire (CCW) is a financial news and content distribution company that provides (1) access to a network of wire services viaย InvestorWireย to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution withย CCW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in todayโs market, CCW brings its clients unparalleled visibility, recognition and brand awareness.
To receive instant SMS alerts, text CRYPTO to 77948 (U.S. Mobile Phones Only)
CryptoCurrency News Wire is where News, content and information converge via Crypto.
For more information, please visitย https://www.cryptocurrencywire.com
Please see full terms of use and disclaimers on the CryptoCurrencyWire (CCW) website applicable to all content provided by CCW, wherever published or re-published:ย http://CCW.fm/Disclaimer
CryptoCurrencyWire (CCW)
New York, New York
www.cryptocurrencywire.com
212.994.9818 Office
Editor@CryptoCurrencyWire.com
CryptoCurrencyWire is part of theย InvestorBrandNetwork.
