To be sure, some observers think that regulatory overreach could drive away investment and spook markets. “Based on their unwillingness to come to the table, it’s clear that the SEC’s motivations of late are being driven by a desire to protect the financial incumbents – that is, Wall Street,” Al Morris, founder of the decentralized publishing protocol Koii Network, told CoinDesk in an email, adding that overly harsh U.S. regulations could benefit other crypto hubs in Europe and Dubai.
- SEO Powered Content & PR Distribution. Get Amplified Today.
- Platoblockchain. Web3 Metaverse Intelligence. Knowledge Amplified. Access Here.
- Source: https://www.coindesk.com/markets/2023/02/18/bitcoin-soars-then-retreats-whats-behind-this-weeks-rollercoaster-whats-ahead/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
- a
- ahead
- and
- behind
- being
- benefit
- Bitcoin
- clear
- Coindesk
- come
- could
- crypto
- decentralized
- drive
- driven
- Dubai
- Europe
- financial
- founder
- HTTPS
- images
- in
- investment
- Late
- Markets
- motivations
- network
- Other
- overreach
- plato
- Plato Data Intelligence
- PlatoData
- protect
- protocol
- Publishing
- regulations
- regulatory
- rollercoaster
- Soars
- some
- street
- table
- The
- their
- to
- u.s.
- Wall Street
- zephyrnet
More from CoinDesk
Arbitrum Foundation Sold ARB Tokens Ahead of ‘Ratification’ Vote; ARB Falls
Source Node: 1821110
Time Stamp: Apr 2, 2023
Bitcoin's Pre-Fed Weakness Has Chart Analysts Focused on Support at $18.3K
Source Node: 1671353
Time Stamp: Sep 20, 2022
Solana Rallies 26% in a Week Despite FTX Sale Fears; What’s Behind the Move?
Source Node: 1904684
Time Stamp: Oct 20, 2023
Temor a hackeo de US$1000M provoca desplome de 20% en GALA, pero la firma insinúa que se atacó a sí misma
Source Node: 1737438
Time Stamp: Nov 4, 2022
Sam Bankman-Fried Is Being Extradited Wednesday, Bahamas Attorney General Says
Source Node: 1775999
Time Stamp: Dec 21, 2022
Ripple-Owned Crypto Custody Firm Metaco’s CEO and Head of Product Depart
Source Node: 1946752
Time Stamp: Feb 11, 2024
Bank of Korea Governor Sees CBDC Introduction as Case for ‘Urgency:’ Report
Source Node: 1926411
Time Stamp: Dec 15, 2023
OP_CAT Proposal to Bring Smart Contracts to Bitcoin Finally Gets a ‘BIP Number’
Source Node: 1968015
Time Stamp: Apr 24, 2024
BlockFi Says It’s Taken Major Step Toward Emerging From Bankruptcy
Source Node: 1896970
Time Stamp: Sep 29, 2023
Ripple Says $10M Penalty Enough, Rejects SEC’s Ask of $1.95B Fine in Final Judgment
Source Node: 1967409
Time Stamp: Apr 23, 2024
Celsius, Creditors Agree to Independent Government Probe, Call for Narrowed Scope
Source Node: 1660368
Time Stamp: Sep 8, 2022