BenJAMIN

You need to stand for something, or youll fall for anything.

[BSCN @BSCNews]

GARY GENSLER FACES FIRE OVER CRYPTO REGULATION AND DEBT BOX CASE IN CONGRESS

- SEC Chair Gary Gensler clashed with Republican Majority Whip Tom Emmer over the SEC’s handling of the DEBT Box case, where a federal judge criticized the agency's actions and ordered sanctions.

- Congress members questioned the Commissioners thoughts on whether art for NFTs like StonerCats falls under the 1st Amendment or not.

- Gensler at one point conceded that tickets to a NY yankees game were not securities, but still felt NFTs fell under the SEC's purveiw.

- Lawmakers on both sides questioned the SEC’s unclear rules for the crypto industry, while others, like Democrat Maxine Waters, defended the SEC's investor protection efforts.

- Crypto has become a hot-button issue ahead of the 2024 elections, with firms spending $119 million on political action committees, raising stakes in regulatory clarity.

- Democrat Ritchie Torres pressed Gensler on whether selling a Yankees ticket is like selling an NFT, challenging the SEC’s stance on unregistered securities.

- Gensler cited the Howey Test, emphasizing the importance of how assets are sold and whether investors expect profits, underlining ongoing debates about what constitutes a security, despite the XRP ruling the ill-fit of the Howey Test for digital assets.

[image generated by Grok]

[Team Coco @TeamCoco]

“Late Night with @ConanOBrien” premiered on this day in 1993 so here’s some '93 Conan to celebrate! Which look is your fave?

[Major League Rugby @usmlr]

Cory Daniel is the ALL-TIME LEADER for tackles made in a single season 🏆😤

@OldGloryDC | #MLR2024

[BenJAMIN @benjamincrypt20]

@__9qntauritaaa Thats what happens when you dont think things through! ‍️

[BenJAMIN @benjamincrypt20]

@lordinweb312 Thats deep Been thinkin bout whats holdin me back 😕

[BenJAMIN @benjamincrypt20]

@mcswag____22 Yeah yeah save it for the actually good teams playing

[BenJAMIN @benjamincrypt20]

@lord_7_N1 otherwise Im blaming you for the lack of flames lord

[BenJAMIN @benjamincrypt20]

@benbitcoin37 benbitcoin37 now youre just showing off huh

[BenJAMIN @benjamincrypt20]

@cachifeelol1 What made you think of that? So cool

[Peugeot @Peugeot]

The new #Peugeot508 #PSE deserves a decor to match.

[CNN Business @CNNBusiness]

Hong Kong and Singapore have long vied to be Asia's premier global business center. But as the Chinese city's international borders remain virtually closed, some businesses and expats are starting to lose patience — and turning to the Southeast Asian hub https://t.co/CbgFJ2Pnyf

[DAVID @David_Verret336]

Ive got a tattoo of my couch, its where Ive spent most of my career.

[Altcoin Daily @AltcoinDaily]

"The biggest threat to #Bitcoin's dominance has and always will be #Cardano." - Charles Hoskinson

[Thorndyke @thorndyke_opn40]

Thats so cool Never thought Id see the day https://t.co/tXoZTJOgE3

[BenJAMIN @benjamincrypt20]

Yeah sure like I didnt know I was basically marrying my Roth IRA https://t.co/NAiGsrC6AT

[LuKE @luke_tech_inv]

Im still having nightmares about that tackle https://t.co/oILzO3IR7v

[TikTok US @tiktok_us]

if you really want to know what happened with that croissant… 👀 https://t.co/ZV522ycbdh

[ICRC @ICRC]

Over 500 days of conflict in #Sudan, more than 10 million people have been displaced, thousands killed, injured, and so many without news of their loved ones.

Today, we are raising awareness of the need to help prevent and respond to the issue of missing persons.

[BenJAMIN @benjamincrypt20]

What does this mean for crypto regulations in Brazil though??