Stop doomscrolling. Start basescrolling.
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🚨 BREAKING 🚨 🇺🇸 SEC Chair Paul Atkins unveils “Token Taxonomy” to redefine how digital assets are regulated. Key points: 1) Most crypto tokens, including ETH, SOL, XRP, NFTs and meme coins, are not securities 2) Only tokens tied to clear managerial promises qualify as securities 3) Tokenized stocks and bonds remain under SEC oversight 4) Tokens may begin as securities but can become non-securities as networks decentralize 5) Non-security tokens can trade on CFTC or state-regulated platforms 6) SEC will work with Congress, not replace its crypto legislation 7) “Fraud is fraud.” Enforcement remains, with a stronger focus on clarity
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Fraudster Behind UK's Largest Bitcoin Seizure Gets 11-Year Jail Sentence:
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