Tag: Chairman

Fed Chairman on Crypto: “Not Real Currencies; Lack Intrinsic Value”

Fed Chairman on Crypto: “Not Real Currencies; Lack Intrinsic Value” Yesterday, bulls charged the crypto market, which caused Bitcoin to add $ 9B to its market capitalization in less than thirty minutes. But the Fed chairman on crypto is swinging the opposite way. Today, we’ve seen a few bears emerge […]

SEC Chairman Distinguishes Cryptocurrency from ICO’s, Traders are Confused

SEC Chairman Distinguishes Cryptocurrency from ICO’s, Traders are Confused What is the difference between an ICO and a cryptocurrency? Well, according to SEC Chairman Jay Clayton, Cryptocurrencies such as Bitcoin (BTC) shouldn’t be considered a security, however, the agency chairman believes that an ICO is a security. Why is this though? Basically, […]