elijahan07

@elijahan07

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In February, the SEC said memecoins are likely not securities.

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“Everyone in crypto looks forward to seeing what will come from a new leadership at the US Securities and Exchange Commission, particularly clear guidelines around what constitutes a security,” Young said.

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Citing consumer protection, Allaire argued that US dollar-based stablecoin issuers should not get a “free pass,” enabling them to “ignore the US law and go do whatever the hell you want wherever and sell into the United States.” Allaire told Bloomberg:

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On the same day, a malicious actor took control of Bermuda Premier David Burt’s X account to promote a fraudulent token called “Bermuda National Coin.”

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But when approached with an investment opportunity, Ren said OKX first considers whether it can integrate its wallet infrastructure to support and “create value” with those founders.

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https://warpcast.com/irene91be/0x9163e452

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https://warpcast.com/irene91be/0x83f0b98c

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https://warpcast.com/irene91be/0x83f0b98c

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However, Armstrong admitted that this new aim was a “stretch goal,” signaling it represents an ambitious challenge. USDC currently has a market share of around 24%, whereas Tether’s USDT represents 61% of the $234 billion stablecoin market.

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Coinbase CEO Brian Armstrong said at the company’s earnings call late last week that the firm aims to challenge Tether’s position as the leading stablecoin issuer by making USDC “number one.”

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The Hong Kong-listed firm has seen stock prices decline 15% since the beginning of the year but shares are up more than 600% since the same time last year.

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Similar agencies require a more balanced approach that records the minutes of the meetings and allows public attendance, wrote Kel McClanahan, executive director of National Security Counselors, in the 30-page complaint seen by the Washington Post.

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The law firm claims that DOGE has been violating the Federal Advisory Committee Act (FACA), which requires advisory committees to executive branches to follow set disclosure and hiring rules.

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Under President Joe Biden, the US Securities and Exchange Commission has brought more than 100 enforcement actions against cryptocurrency companies for purported violations of securities laws.

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Analysts say clearer US rules are crucial for crypto adoption, particularly for tokenized securities, such as COIN.

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According to the World Foundation, BayLDA’s decision clearly illustrates the need to establish a clear and consistent definition of anonymization in the EU to help protect personal data in the age of artificial intelligence.

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Due to national administrative law, the assessment of whether an administrative offense proceeding will be initiated is reserved for a separate proceeding, BayLDA stated, adding:

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“The order aims at all those sets of iris codes from its customers which were gathered in the starting phase in summer 2023 until a certain point in this year, where Worldcoin changed its activities to a more lawful basis,” Will told Cointelegraph.

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Additionally, World is obliged to delete certain data records “previously collected without a sufficient legal basis was ordered ex officio,” the BayLDA stated.

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In addition to a requirement to set up a compliant data deletion procedure, BayLDA also asked World to provide explicit consent for certain processing steps in the future.

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