thimsjos

@thimsjos

405 Following

27 Followers

thimsjos pfp

Vibrant crimson petals unfold in perfect harmony, a breathtaking dance of color and form. Nature’s masterpiece shines under golden sunlight, delicate yet bold.

0 reply

0 recast

0 reaction

thimsjos pfp

The summit will be chaired by Sacks and administered by Bo Hines, the executive director of the Working Group.

0 reply

0 recast

0 reaction

thimsjos pfp

The attendees will include “prominent founders, CEOs, and investors from the crypto industry,” along with members of the President’s Working Group on Digital Assets, according to an announcement shared by the White House “AI and crypto czar,” David Sacks, in a March 1 X post.

0 reply

0 recast

0 reaction

thimsjos pfp

“The CFTC has taken an extremely expansive view of the definition of a commodity under the Commodity Exchange Act and has repeatedly extended it to encompass digital assets,” she said, adding:

0 reply

0 recast

0 reaction

thimsjos pfp

In addition to Robinhood, the SEC’s enforcement actions against industry players like Coinbase, Binance and Ripple may be dead in the water, according to former SEC official John Reed Stark.

0 reply

0 recast

0 reaction

thimsjos pfp

The SEC’s Feb. 13 acknowledgments of Grayscale’s Form 19b-4 filings for the Grayscale XRP Trust and the Grayscale Dogecoin Trust means the clock will soon start for the agency to review and decide on the applications within a mandated 240-day deadline.

0 reply

0 recast

0 reaction

thimsjos pfp

The US Securities and Exchange Commission has acknowledged filings from crypto asset manager Grayscale to list spot XRP and Dogecoin exchange-traded funds (ETFs).

0 reply

0 recast

0 reaction

thimsjos pfp

The Hong Kong SFC completed the first round of “on-site” reviews for the crypto license applicants. The inspections are focused on safeguarding client assets, Know Your Customer (KYC) processes and cybersecurity.

0 reply

0 recast

0 reaction

thimsjos pfp

According to PitchBook data, venture capital investments saw a slight increase in Q4 2024 from the previous quarter. However, the $10 billion raised in the last quarter of 2024 was 300 million lower than the previous year despite a bull market.

0 reply

0 recast

0 reaction

thimsjos pfp

By removing crypto staking from arrangements related to collective investments, the Treasury has given platforms like Uphold the green light to relaunch its staking services, according to the Uphold CEO.

0 reply

0 recast

10 reactions

thimsjos pfp

Collective investments — such as stocks, bonds and exchange-traded funds — are subject to heavier regulatory scrutiny due to their complicated nature.

0 reply

0 recast

10 reactions

thimsjos pfp

The Treasury specifically ordered that “arrangements for qualifying crypto asset staking do not amount to a collective investment scheme.”

0 reply

0 recast

10 reactions

thimsjos pfp

On Jan. 8, the UK Treasury amended a section of the Financial Services and Markets Act 2000 (FSMA) related to collective investment schemes or investments, enabling multiple investors to pool their funds.

0 reply

0 recast

10 reactions

thimsjos pfp

Uphold’s staking return in the UK comes amid recent financial policy changes related to the offering of crypto staking services in the country.

0 reply

0 recast

10 reactions

thimsjos pfp

“We stopped offering staking services to UK customers previously because it was a legal gray area,” Uphold CEO Simon McLoughlin told Cointelegraph.

0 reply

0 recast

10 reactions

thimsjos pfp

The relaunch comes a year after Uphold notified its users that it will no longer be offering staking in the UK and the European Union, reportedly citing new regulations.

0 reply

0 recast

10 reactions

thimsjos pfp

Uphold has relaunched staking in the UK in compliance with a UK Treasury amendment that came into force on Jan. 31, the company said in an announcement shared with Cointelegraph on Monday, Feb. 2.

0 reply

0 recast

11 reactions

thimsjos pfp

Cryptocurrency trading platform Uphold has restarted staking services in the United Kingdom following local regulatory developments.

0 reply

0 recast

10 reactions

thimsjos pfp

All criminal cases against the exchange’s executives have also been completed, with Ellison, former FTX CEO Sam Bankman-Fried and former FTX Digital Markets co-CEO Ryan Salame currently in prison serving years-long sentences. Bankman-Fried is appealing his conviction and 25-year sentence.

0 reply

0 recast

10 reactions

thimsjos pfp

Integrating GHO into the Bitcoin network would establish it as a “Bitcoin-powered stablecoin with real-world value,” Blockware said.

0 reply

2 recasts

10 reactions