**Revolutionary Crypto Oversight Shift: Senators Propose Moving Regulation from SEC to CFTC**

In a groundbreaking move, several senators have proposed shifting cryptocurrency regulation from the Securities and Exchange Commission (SEC) to the Commodity Futures Trading Commission (CFTC). This proposal marks a significant change in how crypto assets might be overseen in the future.

Currently, the SEC handles much of the regulatory framework surrounding cryptocurrencies, treating many digital assets as securities. However, proponents of the shift argue that the CFTC is better equipped to regulate these assets given their similarities to commodities and futures markets.

If passed, this legislative change could reshape the regulatory landscape for cryptocurrency businesses, investors, and innovators, potentially fostering a more conducive environment for growth and compliance.

Stay tuned for more updates on this developing story.
https://bitcoinethereumnews.com/tech/senators-propose-moving-regulation-from-sec-to-cftc/

The post **What You Need To Know About The November 11 Maintenance** appeared on com.

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# Essential: Upbit Crypto Deposits Pause
## What You Need To Know About The November 11 Maintenance

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Upbit has announced a temporary pause on crypto deposits scheduled for November 11 due to planned maintenance. This maintenance is essential to improve the platform’s performance and security.

If you are an Upbit user, please take note of the following important details:

– **Maintenance Date:** November 11
– **Service Impact:** Crypto deposits will be temporarily suspended during this period
– **Reason:** Routine maintenance to enhance system stability and security

During the maintenance window, you will not be able to deposit cryptocurrencies into your Upbit account. However, other services such as trading and withdrawals (if not affected) may continue to operate normally.

We recommend planning your transactions ahead of time to avoid any inconvenience.

Stay tuned for updates and further announcements from Upbit. For more information and support, visit the official Upbit website or contact their customer service.

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*Source:* [Upbit Official Announcement]
https://bitcoinethereumnews.com/tech/what-you-need-to-know-about-the-november-11-maintenance/

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title: Urgent Crackdown: South Korea Confronts Alarming Crypto Manipulation Schemes
category: Crypto News
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South Korea is taking decisive action against alarming cryptocurrency manipulation schemes that have raised significant concerns in the market. Authorities are ramping up efforts to investigate and curb unfair trading practices that threaten the integrity of the crypto ecosystem.

The government’s urgent crackdown aims to protect investors and ensure a transparent and trustworthy environment for digital asset transactions. With the rise in crypto manipulation cases, regulators have prioritized implementing stricter measures to detect and penalize fraudulent activities.

Industry experts applaud these efforts, emphasizing the importance of robust oversight in maintaining market stability. As South Korea intensifies its regulatory framework, it sends a clear message that illicit behavior in the crypto space will not be tolerated.

Stay tuned for more updates on this developing story as authorities continue to tackle crypto manipulation head-on.
https://bitcoinethereumnews.com/crypto/south-korea-confronts-alarming-crypto-manipulation-schemes/