The tension between the crypto industry and the United States Securities and Exchange Commission over the issue of which tokens qualify as securities has been well documented. SEC Chair Gary Gensler is on record as saying almost all crypto products are securities. On April 23, 2024, two crypto industry groups, the Blockchain Association and the Crypto Freedom Alliance of Texas sued the SEC in federal court in Texas, challenging the SEC’s rule expanding the definition…
Latest Posts
- Crypto Industry Groups Sue SEC, Seeking to Strike Down Revisions to the Dealer Rule
- Bipartisan Bill to Regulate Stablecoins Introduced in U.S. Senate
- Phase 2 of Amendments to Singapore Payments Legislation Comes into Force Expanding Licensable Activities
- US Court Refuses To Dismiss Proposed Class Action Against BitMEX Founders
- U.S. Court Dismisses Rico Lawsuit Brought In Connection With Nomad Bridge Hack
- Bipartisan Resolution Seeking to Undo SEC Guidance Regarding Bank Crypto Asset Reporting Requirement Advances Out of Committee
- To End a Lawsuit, Department of Energy Agrees to Halt its Survey Seeking Data from Crypto Miners
- The Digital Dollar, Like Seemingly Everything Else, Is A Partisan Issue
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On April 17, 2024, Republican Senator Cynthia Lummis and Democratic Senator Kirsten Gillibrand introduced the bipartisan Lummis-Gillibrand Payment Stablecoin…
This blog entry focuses on Phase 2 of amendments to Singapore payments legislation. It expanded of the scope…
BitMEX is a cryptocurrency exchange and derivative trading platform. It is owned and operated by HDR Global Trading…
In 2021, Illusory Systems, Inc. developed a cross-chain bridge known as the Nomad Bridge. A “bridge” is a…
On February 29, 2024, the U.S. House of Representatives Financial Services Committee passed a resolution (H.J. Res. 109)…
The Texas Blockchain Council (TBC) describes itself as a nonprofit industry association that works to make the State…