House Financial Services Committee Chairman Patrick McHenry has recently made accusations against SEC Chair Gary Gensler, claiming that Gensler misled Congress during his testimony in April 2023. The accusations stem from Gensler’s alleged evasion of direct inquiries about whether the SEC considers Ethereum (ETH) to be a security. McHenry highlighted that recent court documents suggest
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The recent SEC action against Uniswap has placed significant scrutiny on the decentralized finance (DeFi) sector. The Wells notice received by Uniswap, alleging violations of federal securities laws, raises concerns about the regulatory future of DeFi. The SEC’s claim that certain tokens traded on Uniswap constitute investment contracts and securities has sparked a debate about
Verasity, known for its ad-tech solutions and $VRA token, has recently unveiled its partnership with Creo Engine, a leading web3 gaming platform. This collaboration aims to revolutionize the gaming industry by integrating VeraViews’ video player functionality and in-game rewards into Creo Play’s extensive gaming library. This bold move signifies a step towards advancing the adoption
The world of digital art and collectibles is undergoing a transformation with the advent of ARdinals on the Bitcoin blockchain. These AR-driven Ordinals are bridging the gap between the digital realm and physical reality, offering a new level of immersion and utility to collectors and enthusiasts. With the rise of Bitcoin Ordinals, the demand for
The recent approval of new Anti-Money Laundering Regulations (AMLR) by the European Parliament is set to have a significant impact on Crypto Asset Service Providers (CASP) in Europe. The regulations will require CASPs to implement stringent Know Your Customer (KYC) procedures in order to combat money laundering effectively. This move aims to enhance due diligence
The cryptocurrency market is constantly evolving, with new tokens and projects emerging regularly. One such project that has caught the attention of crypto enthusiasts is eTukTuk. While Dogecoin (DOGE) may be experiencing fluctuations, eTukTuk is gaining momentum as the next big hit in the world of cryptocurrencies. Changing the Game with eTukTuk Unlike mainstream cryptocurrencies
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The Cardano (ADA) price has been experiencing a rough patch as it drops out of the global top 10 crypto rankings. Currently trading just above $0.50, ADA has faced a 3% decrease in value. Despite a recent rebound from mid-month lows, ADA has failed to regain its position within the top 10 cryptocurrencies. With its
The Hong Kong Securities and Futures Professionals Association (HKSFPA) has recognized the need for independent self-regulatory organizations (SRO) dedicated to overseeing the digital assets sector due to its rapid growth and increasing complexity. This initiative aims to enhance the regulatory landscape in Hong Kong to support innovation and security within the burgeoning field of digital
The introduction of Bitcoin futures on B3, a Brazilian stock exchange, has been met with considerable success since its official opening for trading on April 17. The market saw a surge in demand on the debut trading day, with over 7,400 Bitcoin futures contracts actively traded. This significant trading volume reflects the strong interest of