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Search results for June 5

Crypto

More than half of wealthy investors hold crypto, survey shows

More than half of wealthy investors in major U.S. and European markets hold crypto assets, a survey found. CoinShares surveyed 2,230 investors across seven markets with at least $500,000 in investable assets and recent trading activity. Ownership exceeded 50 percent in all markets, with Sweden lowest at 54 percent and the United States, Britain, Germany and Switzerland near 70 percent. After a February market slump, more respondents said their willingness to invest increased than decreased. Separately, Visa found interest in stablecoins rising, though understanding remained low.

Crypto

\'Crypto Mom\' Hester Peirce to leave SEC, resigns on Oct. 2

Hester Peirce, a U.S. Securities and Exchange Commission commissioner known in the crypto industry as \'Crypto Mom,\' will step down on Oct. 2, according to a resignation letter she posted on social media. The letter submitted to the White House lists the effective date as Oct. 2. Peirce thanked the agency and reiterated her view that individuals should be able to make investment decisions within an appropriate regulatory framework.

Finance

FSS surveys SpaceX subscribers directly; Mirae Asset union calls probe excessive

South Korea\'s Financial Supervisory Service has begun directly surveying investors who subscribed to SpaceX shares through Mirae Asset Securities, expanding an inspection that has continued since June. The questionnaire asks about professional investor registration, subscription procedures and measures to recover customer losses after non-allocation. It also seeks details on private bankers who contacted clients and how information was delivered. Mirae Asset\'s union says the long, high-intensity probe disrupts work and may seek legal review.