CR @equitypool
Finance Professional and Blockchain/Alternative Technology Enthusiast • South Carolina Emerging Technology | #SWVA South Carolina Joined April 2009-
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🇺🇸 JUST IN: CFTC Chairman Selig says US markets must prepare for "mass tokenization" as blockchains and AI are "adopted at scale." Selig told the US Treasury Market Conference that "the next decade will likely bring more change to financial markets than the previous several decades combined." The CFTC expanded eligible collateral to include stablecoins in February and is looking to drive further adoption across exchanges and clearinghouses.
BREAKING: FOR THE FIRST TIME EVER, A BLOCKCHAIN RECORDED MORE TRADES IN A WEEK THAN THE NYSE TRADES LAST WEEK SOLANA: 208M NYSE: 189M
“It’s not going to die,” Sen. Angela Alsobrooks (D-MD) told Crypto In America immediately after the vote. “You know why it’s not going to die? Because over 70 million Americans are engaging in an industry that is unregulated, and we have a responsibility to regulate.” “Alsobrooks was joined by six other Democrats involved in the negotiations: Sens. Kirsten Gillibrand (D-NY), Mark Warner (D-VA), Cory Booker (D-NJ), Catherine Cortez Masto (D-NV), Ruben Gallego (D-AZ) and Raphael Warnock (D-GA). The group called this week’s vote “a setback, but not the end” and said it remained “committed to working in a bipartisan fashion” to pass the Clarity Act.”
Looks who’s bragging. You don’t hate the big banks enough.
JPMorgan Says SEC Rules Cannot Give Crypto The CLARITY Act’s Protection JPMorgan says SEC rules could provide crypto with clearer regulatory guidance. However, the bank says agency rules are less durable than congressional legislation. The warning followed the Senate’s
@rossiadam Low Country staples - the oyster and briny martinis
CFTC Rules dropping... no Action letters. 🔥🇺🇸 Free to innovate without fear of enforcement✅
.@CFTC Staff Issues No-Action Position to Providers of Passive Software: cftc.gov/PressRoom/Pres…
@columbiareports @chasjazzclub
🇺🇸 JUST IN: US markets are set to expand to 23-hour weekday trading on Dec. 6, with the SEC signaling that 24/7 trading could follow.
🇺🇸 JUST IN: US markets are set to expand to 23-hour weekday trading on Dec. 6, with the SEC signaling that 24/7 trading could follow.
Today, we are taking a significant step forward, within our statutory authority, to bring America’s capital markets into the digital age by facilitating onchain trading of certain tokenized stocks through the "Innovation Exemption." 🇺🇸
🚨 TODAY: The SEC issued an order granting temporary, conditional exemptive relief to Tokenized Securities Venues from the definition of “exchange” in the Exchange Act to trade tokenized NMS stock using innovative permissioned automated market makers and liquidity pools.
@columbiareports @chasjazzclub
BREAKING: The SEC grants a five-year "Innovation Exemption" for tokenized securities venues, allowing blockchain platforms to list and trade real tokenized stocks with full shareholder rights.
BREAKING: The SEC grants a five-year "Innovation Exemption" for tokenized securities venues, allowing blockchain platforms to list and trade real tokenized stocks with full shareholder rights.
@JoelKatz @X__Anderson Tillis remarks.
@columbiareports @chasjazzclub
🚨NEW: A group of seven Senate Democrats, including @gillibrandny, @MarkWarner, @SenRubenGallego and @Sen_Alsobrooks, say they are “committed to working in a bipartisan fashion” to pass the Clarity Act. The statement comes amid early efforts to restart bipartisan talks and gauge
BREAKING: 🇺🇸 US House committee PASSES the Strategic Bitcoin Reserve bill. The bill would lock government held Bitcoin in a federal reserve for at least 20 years and require regular audits of US Bitcoin holdings.
NEW: Chairman @RepFrenchHill and @CongressmanGT released a joint statement on the U.S. Senate's failure to invoke cloture on the CLARITY Act: financialservices.house.gov/news/documents…
JUST IN: 🇺🇸 Senator Cynthia Lummis says "Senate Democrats proved they were never truly serious about protecting consumers and preserving American leadership." They "handed China and every one of our foreign competitors exactly what they wanted." 👀
JUST IN: 🇺🇸 Senators who voted against advancing the Crypto Clarity Act: Independents: • Angus King • Bernie Sanders Republicans: • Thom Tillis • Jerry Moran • Josh Hawley • Susan Collins Democrats: • Andy Kim • Tim Kaine • Jack Reed • Mark Kelly • Ed Markey • Tina Smith • Jon Ossoff • Alex Padilla • Ron Wyden • Dick Durbin • Gary Peters • Peter Welch • Jeff Merkley • Cory Booker • Jacky Rosen • Adam Schiff • Brian Schatz • Patty Murray • Mark Warner • Elissa Slotkin • Mazie Hirono • Chris Murphy • Ben Ray Luján • Ruben Gallego • Maria Cantwell • Maggie Hassan • Amy Klobuchar • Martin Heinrich • John Fetterman • Tammy Baldwin • Michael Bennet • Chuck Schumer • Jeanne Shaheen • Chris Van Hollen • Elizabeth Warren • Kirsten Gillibrand • Raphael Warnock • John Hickenlooper • Tammy Duckworth • Richard Blumenthal • Lisa Blunt Rochester • Sheldon Whitehouse • Catherine Cortez Masto
1/ This one stings. Our team gave everything we had to get the Clarity Act across the finish line. So did most of the industry. This was an opportunity bigger than Ripple or one company - we did this for the industry, for consumers and to cement the US’s position as the crypto capital of the world and as a leader in the future of finance. Ultimately, consumers and U.S. competitiveness got left behind. 2/ A post mortem needs to be done on why this failed (more from me on that in the days ahead). The politics of the democrats (the anti-crypto army) was elevated over good policy. 3/ There is still reason for optimism for crypto in the United States. Now, the SEC, under Chair Atkins, and the CFTC, under Chair Selig, will continue to work hard to issue rules to fill the legislative gap and we will continue to be actively engaged in that rule making process. 4/ Ripple's business has never been stronger — real demand across traditional finance and the digital asset ecosystem. A missed vote in Washington doesn't change our momentum, our global footprint, or our customers.
LATEST: 🇺🇸 Senate Banking Committee Chair Tim Scott says the CLARITY Act "will ultimately pass, without any question."
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