#YonhapInfomax #CryptoAsset #USSenate #MarketStructureBill #CFTC #SEC #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=95745
SEC clarifies position on Meme Coins:
"Meme coins typically are purchased for entertainment, social interaction, and cultural purposes, and their value is driven primarily by market demand and speculation. In this regard, meme coins are akin to collectibles. Meme coins also typically have limited or no use or functionality."
Further: Meme Coins "do not involve the offer and sale of securities under the federal securities laws" but "fraudulent conduct related to the offer and sale of meme coins may be subject to enforcement action or prosecution by other federal or state agencies."
https://www.sec.gov/newsroom/speeches-statements/staff-statement-meme-coins #Crypto #CryptoCoins #MemeCoins #SEC #CryptoRegulation #cryptoasset
Hello all ! I am looking for statistics on #cryptocurrency transaction usage by nature (% or volume ?) :
- payments for goods and services
- value transfer between two individuals
- purchasing of other cryptocurrencies/cryptoassets including speculation/investment activities
Today's #Fintech Digest includes the Reserve Bank of India (RBI) planning to add programmability and offline payments to its central bank digital currency (#CBDC) pilot, the Hong Kong Monetary Authority (HKMA) publishing a consultation paper on its proposed prudential treatment of crypto-asset exposures.
Canadian federal judge rejects government's emergency powers during 2022 trucker protests, including #cryptoasset freeze.
Emergencies Act invoked by Trudeau faces court challenge; ruling emphasizes proper use of emergency powers. #CryptoNews
https://coinpedia.org/news/canadas-crypto-donation-freeze-during-protests-deemed-unlawful-by-court/
Today's #Fintech Digest includes Tether resuming #USDT loans to bolster customer liquidity and avert #cryptoasset fire sales, and the Federal Reserve on the potential financial stability implications of asset #tokenization.
#ESMA is working with national authorities on a convergent approach to authorisations of crypto-asset service providers during #MiCA transitional phase.
💡To ensure alignment on supervisory expectations for entities offering #CryptoAsset services in EEA.
https://europa.eu/!k93WPK https://t.co/UrpoXfaolC
🐦🔗: https://n.respublicae.eu/ESMAComms/status/1681938976163209219
The Markets in Crypto-Assets Regulation (MiCA) institutes uniform EU market rules for crypto-assets. The regulation covers crypto-assets that are not currently regulated by existing financial services legislation. Key provisions for those issuing and trading crypto-assets (including asset-reference tokens and e-money tokens) cover transparency, disclosure, authorisation and supervision of transactions.
Re #ESMA aims to gather more insight on respondents’ current and planned activities, as a fact-finding exercise to better understand the EU #CryptoAsset markets and their future development 👉 https://europa.eu/!TVfBc8.
Check dedicated page 👉 https://europa.eu/!k93WPK. https://t.co/8p1gSr78zs
🐦🔗: https://n.respublicae.eu/ESMAComms/status/1679054307306491911