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The Senator has embraced the term “anti-crypto” when describing her critical views of the space. However, her views rarely reflect that of the mainstream, even within the Democratic party. Advocates are already pushing back in preparation for the next election cycle. The Blockchain Association is building a pro-crypto army, and
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Europe is “showing us with Web3 they're ahead of the game of the United States,” despite the European Union’s stumbles on previous internet technology, McHenry said. “That should send chills up the spines of Americans, because economic growth comes out of that technology ingenuity.” Source
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Unlike a previous version of the bill, which was published on the committee’s website ahead of a hearing on stablecoins last week, the new version leaves out algorithmic stablecoins, though it does repeat clauses stating that an issuer can either be a subsidiary of a federally insured depository institution or
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In the civil action brought against Kwon, the regulator failed to prove "personal jurisdiction" as products referenced by the SEC were "available to the world and not directed at U.S. persons," a 47-page supporting document for a motion to dismiss the charges said. It also says that a digital asset
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The announcement coincides with increased scrutiny by U.S. regulators and lawmakers about the role of cryptocurrencies in the world's biggest economy – a campaign that's affected Gemini. In January, the company and Genesis (which, like CryptoX, is owned by Digital Currency Group) were accused by the Securities and Exchange Commission
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Despite being U.S.-issued debt, PV01 won’t immediately operate in the U.S., where regulation and scrutiny of crypto is getting stricter. “We’re only going to offer our products broadly in the United States when we have a clear sense that it’s legal to do so based on the setup that we
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ALSO: CryptoX columnist Daniel Kuhn considers the European Parliament's passage of crypto rules, which come as U.S. regulatory agencies seem to be backtracking in their efforts to find an effective regulatory approach. Source
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Why the EU Has MiCA and the U.S. Has Securities Law Confusion Original Source
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“Other countries are starting to recognize the opportunity and are springing into action,” said Perkins in an interview. “CoinFund just sent a team to Hong Kong," he continued. "It's buzzing right now. Government officials are actually going to conferences and encouraging adoption at this point in Hong Kong as they
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