Here’s what happened in crypto today
On March 27, the U.S. Securities and Exchange Commission (SEC) ended its investigation into Crypto.com without any actions against the platform. CEO Kris Marszalek claimed that the SEC employed various tactics to hinder the company. Additionally, SEC nominee Paul Atkins faced Senate questioning regarding his previous ties to the crypto industry during his confirmation hearing, where concerns were raised regarding potential conflicts of interest given his consulting role with FTX before its collapse. Meanwhile, a survey revealed that while over 40% of business investors in Europe hold cryptocurrencies, only 19% of banks believe their clients want crypto services, pointing to a significant gap between actual investor demand and perceived interest. Despite this, some banks are planning to expand their offerings in response to increasing demand for crypto-related services.
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