The White House isn’t doing any favors for derivatives traders by turning a blind eye to the biggest players in the space.
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The White House isn’t doing any favors for derivatives traders by turning a blind eye to the biggest players in the space.
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A day after Coinbase received an SEC Wells notice, industry commentators weighed in on what recent regulator actions mean for America’s crypto future.
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Brian Armstrong urged crypto proponents to “contact their congressman, donate to pro-crypto candidates, show up at town halls” in an effort to achieve clear rules for crypto.
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Algorand Foundation CEO said the crypto exchange is evaluating its products and services after receiving a Wells Notice. Coinbase denies the claim.
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The crypto exchange claimed that none of its listed assets were considered securities, and any potential targeting of its wallet was based on a “misunderstanding” by SEC officials.
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Among the celebrities who settled with the SEC for their alleged role in promoting TRX and BTT were actress Lindsay Lohan, YouTuber Jake Paul, and singer Akon.
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The DAO said it would not be commenting on “ongoing legal investigations,” but its existing $100,000 defense fund was apparently not enough.
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The company continues its fight against the recent Commission position on crypto staking.
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