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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
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Dare to trade. Dare to win.
Breaking: SEC Launches 'Project Crypto'
U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins has announced the launch of the "Project Crypto" initiative that is meant to modernize cryptocurrency regulation
The commission-wide initiative will enable U.S. financial markets to move on-chain
The aim of the project is to make sure that the U.S. retains its leadership when it comes to capital markets and bleeding-edge technologies
Atkins has specifically stressed that the SEC will "reshore" those businesses that moved out of the U.S. due to regulatory uncertainty
Undoubtedly, the new initiative further legitimizes the nascent asset class, which has so far had a banner year.
Most crypto assets are not securities
Chairman Atkins has also clarified that the majority of financial assets are, in fact, not unregistered securities
As reported by U.Today, Gary Gensler, Atkins's predecessor, argued that the opposite was the case