The US Securities and Exchange Commission, under former chair Gary Gensler, used settlements to pressure founders of decentralized finance platforms from ever working in the industry again, according to venture capital firm Founders Fund partner Joey Krug.

The seizure was the result of a collaborative effort between the US Attorney’s Office for the Southern District of New York and the Homeland Security Investigations in San Diego, California, prosecutors said in a Feb. 24 X post.

The two new ETFs are designed to track a diverse index of crypto assets, providing US investors with a one-stop-shop crypto portfolio.

Preetam Rao, CEO of QuillAudits, a Web3 security company, expressed concerns about the TRUMP token’s allocation structure and purpose.

Standard Chartered has worked with stablecoin issuers and participated in HKMA’s tokenized money initiatives. Animoca Brands is a major player in the blockchain scene with a unicorn status, while HKT specializes in mobile payment systems. The joint venture plans to explore stablecoin applications, including domestic and cross-border payments.

Traders were initially skeptical of the token, as many unofficial copycats currently exist — including one from Martin Shkreli, with the ticker symbol DJT.

Collectively, tokenized RWAs — including tokenized securities — represent a $30 trillion market opportunity globally, Colin Butler, Polygon’s global head of institutional capital, told Cointelegraph in an August interview.

The group plans to apply for a license from the Hong Kong Monetary Authority (HKMA), the city’s de facto central bank.

“Given that TRUMP can be easily purchased by foreign individuals or governments, this would appear to be a violation of this clause,” the attorney said.

In a written statement, Consensys attorney Bill Hughes characterized the incoming Trump administration as a “sea change.” The attorney told Cointelegraph:

“The ECB’s joint approach with national central banks around a central bank digital currency will facilitate exploration of the most suitable solutions and truly enrich the EU’s capital markets ecosystem,” he said.

He also highlighted the need for technological developments around “cash on ledger” or “programmable payments” systems to ensure seamless interconnection between the EU’s permanent CBDC and existing payment systems and services.

Leithner said that a CBDC would improve efficiency in financial transactions and strengthen the EU’s economic autonomy.

“The same law enforcement and national security concerns that existed in the last administration are going to be present in the Trump administration,” the Consensys attorney said.

Scott Melker, aka “The Wolf of All Streets,” said in a Jan. 18 X post that Trump’s memecoin is a significant benefit for crypto but “bad for humanity.” Melker added:

“It’s a gratuitous cash grab, not sure how anyone can argue against that,” Melker said while pointing out that insiders sniping the supply at launch means they hold 80% of the supply.

“Polkadot Blockchain Academy is committed to bridging this gap, ensuring that decision-makers have the resources they need to craft practical policies that foster innovation while maintaining safeguards, Hill added.

Moonshot, the platform Trump pointed his followers to for purchasing the memecoin, reported more than 200,000 new onchain users since the token launched.

Researcher at Clave and Co author of EIP-7212

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