🔸🇺🇸💰 Trump signed an executive order to create a "Strategic BTC Reserve" from confiscated cryptocurrency.
🔸💰🇺🇸 The U.S. will continue accumulating more Bitcoin in the Strategic Reserve.
🔸⚽️🇧🇷 Football star Ronaldinho has launched his own token.
⚡️FreeRanker💭CHAT
FreeRanker — Bitcoin, Investments, Crypto
06 Mar, 17:44
543
🦅🤝🇺🇸 SEC Makes a Sharp Turn
Over the past two months, the U.S. Securities and Exchange Commission (SEC) has closed 8 major investigations into crypto companies.
🟢 Coinbase – SEC dropped its lawsuit against the exchange, which was accused of trading unregistered tokens. 🟢 Binance – Legal proceedings have been suspended after the creation of a new regulatory body within the SEC. 🟢 Robinhood – Crypto operations investigation concluded with no sanctions. 🟢 OpenSea – SEC closed the case without charges, setting a crucial precedent for digital assets. 🟢 Uniswap – Regulator dropped its claims, marking a win for DeFi. 🟢 Gemini – Investigation into unregistered securities sales ended with no consequences. 🟢 Kraken – Lawsuit over securities law violations was dismissed. 🟢 Consensys – SEC dropped allegations that MetaMask was operating as an unregistered broker.
🔥 Now the exchanges are taking on the SEC:
Paul Grewal, Coinbase’s Chief Legal Officer, has requested the SEC’s financial records on investigation expenses under Gary Gensler. The exchange is particularly interested in:
🟠 Employee work hours 🟠 Contractor payments 🟠 Other SEC expenditures on crypto regulation
What’s next? 👀 A full SEC pivot toward the crypto industry or just preparations for new regulations?)