Crypto Market Watch: Bitcoin, Ether Tumble as US SEC Cracks Down on Crypto, Most Altcoins Record Losses

The valuation of the crypto market dripped by 2.35 percent in the last 24 hours. Bitcoin and Ether, both recorded losses. Solana, Polygon, and Tron joined BTC and ETH on the loss-making side of the crypto price chart in the backdrop of the US SEC conducting enquiries on Coinbase and Binance over alleged unlawful business practices. Bitcoin Cash and Dogefi, meanwhile, …

UK Unveils Tougher Rules for Crypto Sector, Will Curb Advertising With ‘Cooling Off’ Periods, Risk Warnings

British consumers buying cryptoassets will get a 24-hour “cooling-off” period for the first time from October under tougher marketing rules unveiled by the financial regulator on Thursday. The Financial Conduct Authority (FCA) said “refer a friend” bonuses for crypto buyers would also be scrapped and that those promoting such assets would have to put in place clear ri…