WHAT’S HAPPENING TODAY

Binance News
? Binance will support Band Protocol (BAND) network update
? Binance listed Illuvium (ILV) and added ILV/BTC, ILV/BNB, ILV/BUSD and ILV/USDT pairs
? Binance added a new REN/BUSD trading pair.

Court denies Ripple access to SEC employee data on cryptocurrency transactions
A court denied Ripple’s motion to disclose information about SEC employees’ transactions with bitcoin, Ethereum, and XRP. This was announced by attorney James Phelan. Judge Sarah Netburn also denied certifications regarding the annual ownership of XRP tokens by regulator employees. Ripple filed a petition for disclosure of crypto transactions by SEC employees in August 2021. In a statement, the company said it would be fine with anonymized data or in aggregate form to understand the Commission’s treatment of digital assets. According to the judge’s ruling, an SEC spokesman said Aug. 25 that employees could no longer trade XRP after issuing a formal order of investigation into Ripple on March 9, 2019. Netburn ordered the regulator to provide the defendants with any information to back up that claim.

Gary Gensler called Stablecoin poker chips in cryptocurrency casinos
SEC Chairman Gary Gensler, in an interview with the Washington Post, drew analogies to the Wild West regarding the consumer protection situation in the cryptocurrency market. The official noted that in many cases there is nothing behind digital assets, that they are only a highly speculative asset class. He drew parallels to the “Free Banking Era” from 1837 to 1863 and questioned the “survivability” of most cryptocurrencies. Gensler reiterated his belief that an overwhelming number of them qualify for SEC-regulated security status. He described as “full” the authority of both the agency he heads and the CFTC, but pointed to the “gaps” that exist, particularly with regard to stabelcoins. Gensler allowed that such tokens could also have the “attributes of investment contracts.” Gensler hinted that both regulators would benefit from “congressional support” for regulation and enforcement with respect to stablocoins. He conceded that current laws would require clarification in terms of cryptocurrency oversight. He stressed that it is important to include cryptocurrencies in the framework of public policy to ensure compliance with tax laws, combat money laundering, and protect the “stability of the system.”

The National Bank of Ukraine will test the payment of salaries to officials in e-green currency by the end of the year
The pilot project of paying salaries to employees of the Ministry of Digital Transformation of Ukraine in e-currency may be launched this year. This was stated by the head of the strategy and development department of the National Bank, Arsen Makarchuk. A full-fledged launch of the e-hryvnia won’t take place until late 2022, he added. The participants of the roundtable also discussed the recently adopted law “On Virtual Assets. According to them, they are currently working on the bylaws and changes to the Tax Code, without which the new law won’t come into force. Deputy Minister of Digital Transformation for IT Development, Alexander Borkyakov, stressed that the subject of the law “On Virtual Assets” is primarily service providers, not cryptocurrencies. According to him, bitcoin cannot be controlled, which means that it cannot be regulated at the state level.

courses on 22/09/2021

BTC – $43441 (+5.62%)
ETH – $3027 (+8.39%)
BCH – $541 (+5.31%)
LTC – $160 (+5.72%)
BNB – $377 (+7.95%)
XRP – $0.99 (+12.70%)
XMR – $239 (+9.12%)
SOL – $147 (+20.81%)

Capitalization: $1,949,604,276,824
Daily trading volume: $132,370,403,934
BTC dominance: 42.0%
ETH predominance: 18.3%