All eyes are on stablecoins: Law Decoded, April 10–17
A week before a hearing in Congress, the United States gets stablecoin regulatory framework.
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A week before a hearing in Congress, the United States gets stablecoin regulatory framework.
The U.S. Securities and Exchange Commission has filed a complaint against the Seattle-based exchange as Bittrex prepares to stop offering services in the United States.
The market capitalization of Tether is nearly a billion dollar away from reaching a new lifetime peak while rival stablecoins struggle.
Upon approval, both the SEC and the FINRA will become Certificate Holders in the private blockchain, allowing regulators to view transactions and access the network governance.
Bittrex had already started winding down operations by the time it received a notice of potential action from the SEC, the general counsel said.
“It seems perverse to me that we would be encouraging centralization,” said SEC Commissioner Hester Peirce prior to a vote on the proposal.
Sam Bankman-Fried was arrested just before his committee appearance was scheduled.
The summons was related to a civil lawsuit filed by the SEC against Justin Sun and others over allegedly offering and selling TRX tokens as unregistered crypto asset securities.
Speaking at the NFT.NYC 2023, United States congressman Byron Donalds hurled criticism at recent crypto regulatory initiatives.
A new job posting reveals an open position for general attorneys in New York, San Francisco, and Washington D.C. in the SEC crypto assets and cyber unit division.