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NetworkNewsBreaks – Upstream’s Stance to ‘Optimize Compliance, Not Replace It’ Featured in New Article

Company: Upstream
Category: News

In a new article, Upstream shines the spotlight on Genesis and Gemini’s SEC charges and the risks of unregulated securities. “Last week, it was reported that through their cryptocurrency loan program, Gemini Earn, Genesis Global Capital LLC, and Gemini Trust Company LLC were charged by the Securities and Exchange Commission ‘SEC’ for soliciting and selling unregistered securities to 340,000 retail investors… It will be eye-opening to see how the two firms and the crypto market as a whole respond to these crackdowns. Much of the industry is still operating in a legal gray area. This news and the overall state of the market continue to generate louder calls for clearer regulatory standards for the blockchain industry. At the end of last year, a national survey from Grayscale, conducted by The Harris Poll on its behalf, found that 81% surveyed agreed there should be clearer cryptocurrency industry regulation,” reads the piece, written by Anastasia Samaras. The article further explains that companies would do well to take a proactive approach to compliance and delves into the distinction with Upstream. “Upstream’s methodology has always tended to achieve a harmonious balance between traditional and digital market structures. We set out to use technologies to optimize compliance, not replace it, which is proving to be paramount.”

To view the full press release, visit https://nnw.fm/qzG82

About Upstream

Upstream’s trading ecosystem is positioned to lead the next generation of blockchain-powered exchanges. Further, Upstream believes that platforms that are forward-thinking when it comes to the changing regulatory landscape will come out on top. Join the future of trading at https://upstream.exchange/.

About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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