Trendaavat aiheet
#
Bonk Eco continues to show strength amid $USELESS rally
#
Pump.fun to raise $1B token sale, traders speculating on airdrop
#
Boop.Fun leading the way with a new launchpad on Solana.
Katie Biber
CLO @paradigm
Expect a heavy dose of crypto, free speech, and politics
"Very triggering"? Just wait until she finds out that servers don't work in restaurants, cookies are not made in union bakeries, and the cloud is not in the sky.
9 tuntia sitten
Boston City Councilmember Mejia said it was “very triggering” for Waymo to use the term “driver” to describe a technology rather than a person
3,48K
If you're not in the middle of crypto market structure legislative wrangling, it's probably easy to think the details don't matter.
But they do. In our view, the Senate bill creates the most durable framework.
Check out our full comments below.
14 tuntia sitten
We sent a letter this week to the Senate Banking Committee, in response to their draft of crypto market structure legislation.
On the critical question of which tokens should be regulated as securities, the Senate's draft takes a very different approach from the CLARITY Act that was already passed in the House.
We think the Senate's approach—"ancillary assets"—is better for crypto.
While both bills are an improvement on the Howey-based regime—which is notoriously difficult to apply and creates toxic perverse incentives for issuers—the Senate draft is significantly simpler, and avoids forcing decentralized tokens and protocols to fit themselves into an inflexible legislative framework.
Instead, it protects against abuse with a simple exclusion—assets that come with legal rights to specified financial interests do not qualify as ancillary assets.
As we explain in the letter, we think this is the cleanest test that protects decentralized crypto assets while preventing traditional securities issuers from improperly taking advantage of this framework.
4,71K
The Biden-Garland DOJ went after Roman for writing neutral code that criminals used for their own criminal purposes - true of literally every product from cars to phones. This case is a serious threat to innovation.
Time to shut down the Biden-Garland war on crypto.
7.8. klo 05.02
🚨NEW: SDNY Acting U.S. Attorney (and former @SECGov Chair) Jay Clayton issued a statement following Roman Storm’s conviction, praising the prosecution team after securing a guilty verdict for operating an unlicensed money transmitting business.
“The speed, efficiency, and functionality of stablecoins and other digital assets offer great promise, but that promise cannot be an excuse for criminality,” Clayton said, adding that criminals committing age-old crimes like money laundering undermine the many innovators who operate lawfully.
7,27K
My take:
1) This messy verdict speaks volumes. Even after weeks of testimony and underhanded government tactics, they could not convince 12 citizens that privacy software is money laundering.
2) The 1960 guilty verdict is plainly contrary to law -- but it's hard to blame the jury where the government so thoroughly distorted truth. It is imperative that DOJ clarify 1960 so this never happens again.
3) SDNY should not be permitted to retry the deadlocked charges.
Most importantly, we stand with @rstormsf on all the next steps here.
7.8. klo 01.01
Trial final: Jury finds Roman Storm guilty of only 1 of 3 counts, conspiracy to run an unlicensed money transmittal business. No unanimity on court 1 (conspiracy to commit money laundering) nor count 3 (conspiracy to violate North Korea sanctions) Book 2 coming
7,77K
"May," but in a just world, government would take the L and move on. It's not like they were not warned.
6.8. klo 22.01
🚨JUST IN
Jury in trial against Roman Storm says it's deadlocked on some charges. Court asked jury to reconsider – if deadlock remains, the court will accept a partial verdict. Government may re-try remaining charges.
601
Johtavat
Rankkaus
Suosikit