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augustwilson081

@augustwilson081

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augustwilson081
@augustwilson081
The CEO recalled massive staking-related fines by the SEC, including the Kraken’s $30 million penalty over its staking offering, which pushed many exchanges to halt staking services in the country.
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@augustwilson081
“Back in 2023, SEC Chair Gary Gensler said that most staking providers failed to provide customers with proper disclosures, such as how a company is protecting a user’s staked assets,” McLoughlin said.
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augustwilson081
@augustwilson081
According to Uphold CEO Simon McLoughlin, the company rescinded staking in the US amid the lack of regulatory clarity and an arbitrary “regulation by enforcement” regime maintained by Gary Gensler-headed SEC.
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augustwilson081
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The Rogers and Weninger-sponsored bill focuses on investment authority for public funds to invest in crypto assets, while the Finchem-sponsored bill establishes a specialized fund for seized digital assets and appropriated funds.
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augustwilson081
@augustwilson081
The MEXC cryptocurrency exchange has invested in synthetic dollar protocol Ethena in a broader push to promote stablecoin development and adoption.
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augustwilson081
@augustwilson081
Another ETF holding only Bitcoin, Bitwise Bitcoin ETF (BITB), pulled nearly $240 million on its first trading day, the data showed.
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Crypto has become a lucrative business for the German stock exchange Boerse Stuttgart, which reported a significant revenue boost from digital asset trading services.
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https://warpcast.com/jennymiller2381/0x908879cf
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el88thoms
@el88thoms
https://warpcast.com/lucasjohnson0988/0xd69bdeea
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el88thoms
@el88thoms
Disgruntled users took to Bluesky to complain about their posts being deleted.
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el88thoms
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“Facebook has banned anyone from linking to Pixelfed,” said AJ Sadauskas, a Bluesky user. She said her post was deleted by Facebook “within seconds.”
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augustwilson081
@augustwilson081
https://warpcast.com/el88thoms/0x9ba1783a
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el88thoms
@el88thoms
https://warpcast.com/lucasjohnson0988/0xc48760a0
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augustwilson081
@augustwilson081
The crypto industry must undergo a philosophical shift to achieve genuine mass adoption. Technical complexity should be a back-end consideration, not a front-end feature. Every project should ask, “Could my grandfather use this?” If the answer is no, it’s not because Grandpa lacks technical sophistication — it’s because we’ve failed in our design.
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augustwilson081 pfp
augustwilson081
@augustwilson081
The crypto industry must undergo a philosophical shift to achieve genuine mass adoption. Technical complexity should be a back-end consideration, not a front-end feature. Every project should ask, “Could my grandfather use this?” If the answer is no, it’s not because Grandpa lacks technical sophistication — it’s because we’ve failed in our design.
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9amelia87
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Crypto traders are raking in millions following the launch of Official Trump (TRUMP), a Solana-based memecoin introduced by US President-elect Donald Trump.
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chsmith07201
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Moro and DCG agreed to the civil penalties without admitting to or denying any violations of the Securities Act of 1933.
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9amelia87
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The settlement is the latest chapter in the legal saga of Genesis, which filed for Chapter 11 bankruptcy protection in January 2023 due to a 2022 default by Three Arrows Capital — a former borrower of Genesis.
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According to the Jan. 17 filing, DCG and Moro have agreed to pay a combined $38.5 million in civil penalties, with DCG liable for $38 million and Moro liable for $500,000.
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The US SEC has charged Digital Currency Group (DCG) and former Genesis CEO Soichoro “Michael” Moro with misleading investors about the financial health of Genesis in the aftermath of the Three Arrows Capital (3AC) collapse.
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