Cleaning up crypto: How much enforcement is too much?
Many blockchain companies now believe that regulation is inevitable, but theres a growing debate over where to draw the line between protecting users and strangling the lifeblood out of the industry or forcing it outside the United States.Whether we like it or not, regulation is coming, Sheila Warren of the Crypto Council for Innovation tells me during an interview in the lead up to the recent Collision conference in Toronto, Canada.The CEO of the industry lobby group for blockchain technology explains that rather than trying to stop the inevitable, many companies are now focused on....
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Art of War 101 - Form an alliance when you can't single-handedly take on your enemy. On the similar lines Bitcoin 101 includes few points about safety and security. Mix both of them in different proportions and now we have Blockchain Alliance. Blockchain Alliance is a partnership between bitcoin industry and law enforcement agencies in the United States. It is a win-win partnership where law enforcement agents and the agents of the bitcoin industry will both get to do what they are good at. That is, fighting crime and cleaning up the negative image of bitcoin to increase its popularity in....
The U.S. Securities and Exchange Commission (SEC) has brought 97 cryptocurrency enforcement actions so far. Furthermore, the securities regulator has imposed approximately $2.35 billion in total monetary penalties against digital asset market participants. 97 Crypto Enforcement Actions Cornerstone Research published a report titled “SEC Cryptocurrency Enforcement: 2021 Update” last week. The report analyzes SEC enforcement activities from July 2013 to December 2021, the company detailed, elaborating: Since the first action in July 2013, the SEC has brought a total of 97....
Top Senate Democrats have questioned the Securities and Exchange Commission (SEC) over its recent enforcement actions against President Donald Trump-linked crypto businesses and the sudden departure of the federal agency’s enforcement chief. Related Reading: Russia, Iran-Linked Groups Turn To Crypto For Crowdfunded Drone Purchases – Report SEC Scrutinized Over Crypto Enforcement Actions On Monday, US […]
The EUR50 billion global industrial cleaning product market is having a significant ecological impact. Harsh chemicals used for different kinds of cleaning are harmful to the environment and difficult to dispose of properly. SmartChem uses its patented chemical technology of intelligent fluids to provide a safer alternative to remove grease, dust and dirt with ingredients that are biodegradable and pH neutral. To raise awareness and allow for ease of access to eco-friendly products, SmartChem is holding a token sale. SMAC that Dirt Up SMAC acts as the native utility token of the SmartChem....
Several U.S. lawmakers and a commissioner with the U.S. Securities and Exchange Commission (SEC) have voiced concerns about the securities regulator expanding its crypto enforcement unit. “The SEC is a regulatory agency with an enforcement division, not an enforcement agency.” Lawmakers Oppose SEC’s Crypto Enforcement Focus A number of lawmakers and a commissioner with the U.S. Securities and Exchange Commission (SEC) slammed the securities watchdog Tuesday for focusing on crypto enforcement. This followed the SEC’s announcement that the agency nearly doubled....