TESA is on a mission to facilitate the development and ratification of community-built Token Equity Standards (TES) to guide the manner in which crypto-economy practitioners and participants operate.
https://t.co/UhMyCzyMav
0/ The Financial Action Task Force (FATF) just published new guidance on anti-money laundering regulations for "virtual assets." From media reports alone, you might think it was an unprecedented assault on crypto.
Of course, it wasn't.
Here's what you should know. Thread 👇
Representatives from TESA had a productive conversation today with the OCC in NYC regarding crypto and how we best approach moving forward together. We'll be posting an overview of this discussion soon.
In 5-10 years when we look back and consider why the next big tech sector centered itself in Asia and not in the US, it will be the SEC's unwillingness to create new rules to regulate new assets that will be the cause
.@circlepay "We have also urged lawmakers to stop applying laws written in the 20th century to technologies created in the 21st."https://t.co/mH9OTVtfZg
[TESA Priority] Advocating for meaningful industry self-governance and appropriate regulatory responses with policy-makers and government regulators to minimize barriers to sustainable token economy growth.
#blockchain#crypto
[TESA Priority] Facilitating the development of community-built #Token Equity #Standards, through engagement, dialogue, and collaboration with our diverse members and key industry stakeholders.
[TESA Priority] Protecting the interests of consumers, and the integrity of the #token economy, by establishing expectations and standards by which token economy practitioners operate.
Big law is getting into blockchains, tokens, and legal automation. @ConsenSys and @lathamwatkins have put together an automated convertible note for tokens, of course powered by OpenLaw’s toolings. 💥🚀
#token#legaltech#blockchain
Check it out below:
https://t.co/TmJAkpwwe4