Two Securities and Exchange Commission lawyers resigned after a federal judge sanctioned and sharply rebuked the Wall Street regulator for “gross abuse” of power in a crypto case. https://t.co/hYmqQp9ynb
Right now, every half-finished crypto investigation ends up collecting dust in a random group chat or some dude’s notepad.
Thousands of half-investigations don’t make a single whole.
Here’s to a future where we don’t have to start from scratch every time. 🍻
Privacy is normal.
Railgun uses the privacy pools protocol ( https://t.co/DekkatsMR5 ) which makes it much harder for bad actors to join the pool without compromising users' privacy.
https://t.co/MG0huDzpAu
The UK government: "We want to make Britain the global hub for cryptocurrency investments"
The UK government, also: "BTC ETFs and crypto derivatives are banned because they are unreliable"
What a bunch of clowns 🤡🤣🐵
Warren and Grassley want to know about SBF relationship with CFTC, but not with Gensler, who SBF privately met with via his father, and who was set to give FTX an exemption for US operations?
Such bs.
UFC lightweight Renato Moicano with another all-timer on the mic 🎤
"If you care about your country, read Ludwig Von Mises' 6 lessons of the Austrian Economic School motherf*ckers"
MMA fighters shilling Austrian Econ on ESPN?
Currency collapse signpost.
https://t.co/E6BZlVC5AI
USV has been investing in the digital asset sector for over a decade. We believe that blockchain technology allows for the creation of open, transparent, and efficient marketplaces that deliver value to consumers and creators.
USV also believes that most digital assets are not securities and are more similar to commodities, currencies, loyalty points, tickets, art and many other well understood assets that are not regulated by the SEC.
And yet the SEC continues to attack well intentioned innovators who are building digital asset businesses like our portfolio company Uniswap Labs which received a Wells Notice today.
We have long argued that Congress must act to write and pass legislation that gives companies in the US a roadmap for how to legally build digital asset businesses.
In the absence of that, the digital asset sector will have to make their cases in the court of law and we are confident they will prevail there.
Sometimes you have to laugh or else you'll cry. Question: how can you square the @SECGov's claim that @Uniswap acts as a broker with the Court's ruling against the @SECGov just a handful of days ago? Answer: you can't.
re: wells notice sent to @Uniswap, many have expected the SEC to go after them
SEC’s proposed changes to the definition of “exchange” made its view clear: autonomous code devs are exchanges under exchange act
last june, i filed a comment letter on behalf of @galaxyhq explaining the folly of SEC’s view—specifically as it relates to non-upgradeable smart contracts like uniswap. and it is folly