Crypto legislation in the U.S. is heating up as July 19th appears to be the date of highly possible U.S. House action on three separate crypto bills. Meanwhile, other countries like EU and Hong Kong are dominating in crypto-friendly business practices and consumer protection laws.
Guest: Ron Hammond Director of Government Affairs, Blockchain Association
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PBN Research
Maxine Letters to Yellen & Gensler
https://www.dlnews.com/articles/regulation/crypto-lobbyists
On June 23, Waters sent a letter to Gensler, the chair of the US Securities and Exchange Commission, and another to Janet Yellen, the Secretary of the Treasury. The message was simple — please explain the administration’s position on two proposed pieces of crypto legislation.
Blockchain Assoc. Officially Anti-Gensler, is this helpful politically?
https://theblockchainassociation.org/chair-gensler-must-recuse-himself/
The U.S. Securities and Exchange Commission (“SEC”) was originally created by Congress’s enactment of the Securities Exchange Act of 1934 (“Exchange Act”) with a mission to protect investors, facilitate capital formation, and maintain fair, orderly, and efficient markets. The SEC consists of several divisions, including Corporation Finance, Investment Management, and Trading and Markets, which promulgate rules and issue guidance pursuant to authority granted by Congress. The SEC also has a Division of Enforcement, which conducts investigations and prosecutes alleged violations of the securities laws.
Leaked EU Metaverse Strategy
“Virtual worlds bring unprecedented opportunities in many societal areas,” said the document, a version of which is due to be published next week, citing benefits for healthcare, education and culture. “This technological shift also involves new forms of global governance.”