SEC resets her crypt relationship

The American Commission for Securities and Exchange for Securities want to reset its relationship with the crypto industry, and before the permanent chair, Congress confirms Congress. The latest efforts were a round table on Friday, in the SEC household in Washington, DC and with a dozen lawyers who represent different attitudes and positions in the Krupto industry.

You read the condition of the CRIPTO, COINDESK Bulletin looks at the crossroads of the cryptocurri and the Government. Click here to apply for future editions.

Narrative

The SEC reset, when the acting chair Mark UIeda launched the crypto working group 121, pause several current lawsuit, pause more and publish more statements about the way the agency can look at memecoins and mining.

Why is it important

SEK is currently the most important federal regulator in the CRIPTO at this time. While his sister is an agency, commission for trade futures, can be a controller who could one day Markets crypt, right away, is the moment most companies in the sector states on guidance on how, right, I can do.

Breaking it

The round table is divided into two parts (three, if you calculate the introduction of three-folded panel, led by the former Trii Paredes, and the 90-minute town hall remained in the 90-minute town hall.

You can read COINDESK’s cover of the discussion panel On this relationship.

Although the central issue during the discussion was – as it has been exactly the CRIPTO or CRIPTO transaction security, panelists touch everything from the role of crypt in ransom to take precedes of the company.

Chris Brummer, General Manager of Bluprint and Professor, opened a discussion with his analysis of what Hoveke testes actually means: We are basically talking when you have savings. The common company we are all familiar with really deals with the types of providing problems. “

“It really just goes for the information of asymmetry, and then the issue of profits moves to the psychology of investors, greed, and fear, the kinds of things that can distort decision-making,” he said. “And basically, when you have all those factors together, you have clear detection (rule).”

The SEC’s previous approach limited numerous crypto projects, said General Sarah Brennan General. Although many projects are cropto are intended for a wide start distribution, the “Spectrum of the Law on Securities” means that many projects are acted more than to go public than actually occupied crypto aspects of their projects.

“We see more and more tokens is the product … there are different ways that people artificially support the price and it is generally, I would say, somehow toxic to market,” she said.

John Reed Stark, former lawyer, said “the economic reality of the transaction” is critical.

“However, you want to look at him, people who buy crypto are not collectors,” he said. “We all know that investors, and the SEC mission is to protect investors.”

It remains to be seen how the SEC efforts will continue, but the Agency takes a more active role in public engagement with these issues and the industry seems to react. The auditor SEK was sometimes full of about three-quarters, not to tell anyone who took over.

• While the Congress talks about his CRIPTO BILL that shakes earth, regulators are already at work: Federal agencies do not wait for Congress or even constant heads to take the crypto political law, Jesse Hamilton noted in this pressed analysis, which was before the statement of a straight priority that came to E-minor.
• Propoin-working mining crypto does not activate securities laws, say: The apraised and solo mining for work is outside Jurisdiction Sec, the Agency said in Statement Statement.
• The American Bank Bank Agency reduces the “reputational risk” from the exam after the CRIPTO sector cites problems: The Company Company Office from the currency removed the “reputational risk” from its supervision manual, on Thursday she told national banks.
• XRP ZOOM 10% AS Garlinghouse says Sex fell cash against Ripple: Ripple CEO Brad Garlinghouse said that the SEK agreed on July 2023. years, said Riple did not violate the laws in the sale of KSRP for retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail retail sale.
• The digital chamber becomes a new boss as a crypto lobbyist hug friendlier Washington: The founder of the Digital Chamber and the Executive Director of Parianne Boring departs the next month and becomes the chairman of his committee. President of the Lobby Organization, Cody Carbon, will take over as an executive director.
• Cripto Exchange Bittumb has been searching South Korean prosecutors at embezzlement: Report: South Korean prosecutors launched an investigation into the CRIPTO Exchange Bithumba, looking at the empowered empowered.
• Internal pumps.fun plan for dominance of Solanom trading Defi: Pump.Fun launches a token replacement service in an effort to get a slice of compensation created by automated market manufacturers in Solana.
• The Gotbit Founder Aleksei Andriun pleaded guilty towards the wire of fraud, market manipulation: Aleksei Andriun, Russian National who told Conidescue in 2019. Years of laundering service to make cryptocurrencies to greater liquidity and market capitalization than actually made guilty of manipulation and complaints.
• Napadda crosses into round stock trading partly due to crypto, says Exchange Ekecutive: Nasdak and New York Stock Exchange are working on the round hour at least partially due to the crypto trading, but a round-tokt, NASDAK’s Chief of American capital and gearboxes Giang Buy said.
• Sec Stoler Nominee Paul Atkins will face Senat next week: SEC Steeler Nominee Paul Atkins and Compolent Nominue Jonathan Gould will face the banking committee of the Senate for their confirmation of hearing next week.
• The US government removes a Tornado Sanction: A few months after the Fifth Appeals, the Office of Foreign Aids for State Properties cannot sanction smart contracts, OFAC removed its sanctions against the CRIPTO Mixer Tornado Cash.

Tuesday

• 15:30 UTC (11:30 IT) Federal judge monitoring the case of the American Ministry of Justice against Sustainee Wallets held a hearing of status in this case. In my colleague Cheienne Ligon, who attended a 7-minute long hearing, has solved several procedural matters, but did not turn into essence the case.

Thursday

Friday

• 17:00 UTC (13:00 and) American Securities and Exchange Commissions held the event of a round table with legal experts from the cryptology industry and Secret Staff.

• (Reuters) Another bird flu strain – this time H7N9 – hit the US first since 2017. This is at the top during H5N1 epidemics.
• (CNN) Amtrak CEO Stephen Gardner said it will be deviated from the leading quasi-public transit company in the direction of the White House.
• (Bloomberg) The coin is in advanced talks for the purchase of derivatives derivatives, Bloomberg was reported, next Koidskova reporting last month If the exchange was interested in the company.
• (Wired) The former target employee wrote all the book on his experiences in the company and the target will all draw everything to limit his distribution. Careless people since they encourage the best seller On Amazon.
• (Bloomberg) Bloomberg profiled the role of New York Democrats Kirsten Gillibran in pushing for cryptic legislation in the Senate.
• (Politico) TrumPype Administration Plans for USAID include reform and “Leverag (IG) BlocCchain technology to ensure transactions,” Although this document is obtained does not include many details. “All distributions would also be provided and accompanying BlockChain technology works to radically increase security, transparency and traceability”, The document says. If you are one of the individuals pushing for clocchain integration with the US government, Let’s talk.
• (Keeper) Trump administration took over more than 200 men of Venezuelan origin To El Salvadorian Prison, potentially contrary to the court order and without maintaining a hearing or trial. While the administration said in public statements that all 238 men tookon the direction of Venezuel’s government, officials gave themselves in court documents that many people crossed to El Salvador did not have criminal records. Members of the family of many of these individuals say they are not criminals and had no bond relationships. Some individuals As reported, deportation works signed and was expected to be floating back to Venezuela. The seemingly American intelligence agencies also found that the TDA was not related to the Venezuelan government, Times reported.

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