1/ 🚨 LAUNCH DAY 🚨
We’re excited to announce the American Innovation Project (AIP) — a nonpartisan nonprofit dedicated to equipping U.S. leaders with the tools to navigate the technology challenges of the 21st century.
Read more: https://t.co/GLvqI1Jrfl
@AndrewYang@AndrewYang my friend! Please make use of your connections to Harris’s campaign to urge her to support sensible crypto policy! We need your advocacy. The Democrats are just throwing away votes (and campaign contributions). Cc @KamalaHarris
60 yes votes-- a bipartisan supermajority! And a resounding rebuke of @SECGov overreach and disdain for federal administrative law. The message from Congress is clear: enough is enough.
If @joebiden loses, there is a good chance you will be able to thank @GaryGensler and the @NewYork_SEC
Crypto is a mainstay with younger and independent voters. Gensler HAS NOT PROTECTED A SINGLE INVESTOR AGAINST FRAUD
All he has done is make it nearly impossible for legitimate crypto companies to operate, killing who knows how many businesses and ruining who knows how many entrepreneurs.
This is also a warning to Congress. Crypto voters will be heard this election. You could solve this problem for Biden by passing legislation that defines registration that is specific to the crypto industry just as other industries have registration that is defined for them
Or you could do the better option and assign all crypto to be regulated by the @CFTC
They actually know what they are doing
@ericswalwell@SenSchumer
Announcing Venice
Today, we launch private, permissionless AI for the purpose of unfettered civilizational advancement: https://t.co/m2jsJuDuXS
Full announcement:
https://t.co/lPIDpgI9K1
@TryVenice
A thread...
1/17
Today, the SEC made a surprise last-minute decision that delays Exodus from listing on the NYSE American. While we are deeply disappointed, Exodus will continue to empower customers all over the world to control their own wealth using our best-in-class self-custody crypto wallet.
We’re hopeful the SEC will act in good faith, and Exodus will be welcomed to the NYSE in a timely manner. Crypto’s potential is undeniable, and Exodus has proven since 2015 the ability to secure both digital assets and users’ financial future.
And one thing will never change: We will continue to innovate and build value for our customers and shareholders. #onward
https://t.co/i3E4oXVDwJ
Yesterday, the SEC prevented the listing of EXOD on the NYSE American.
We’ve been working with NYSE on this listing for years, and were given prior approval formally by the NYSE to list today.
We flew hundreds of employees and families into NYC to celebrate this moment.
Every step of the way we’ve played by the regulatory rules given, and then at the 11th hour, the rules of the game were changed. It’s beyond frustrating.
This changes nothing about the record-setting Q1’24 performance of our business or the strength of our team.
This changes nothing for the 4.5 million people who love and trust our products.
However, Exodus is already regulated as a public company with robust reporting obligations just like Google or Amazon.
Continuing to operate as a public company without the benefits of stock liquidity provided by a listing on a national exchange (NYSE / NASDAQ) is not sound business.
For now, we will continue to work with the SEC on this listing, but are considering all of our options.
Nothing is off the table.
Big news!
Exodus stock $EXOD starts trading on the NYSE American this Thursday, May 9th.
This significant milestone paves the way to creating long-term value for our investors by expanding our global shareholder base and boosting stock liquidity.
LFG!
Last week: You read @krakenfx's motion to dismiss the SEC’s case against crypto.
Today: You’re reading about “a regulatory power grab,” how “the SEC has appointed itself crypto regulator“, and that ”the SEC… puts consumers at risk”
But wait. That’s not Kraken talking. That’s eight State Attorneys General in a new, explosive court filing.
Here’s what just went down.
(Tell your lawyer to read this thread👇)
1/ For almost three years, the @DLxLawLLP team has pondered the most consequential of question in all of crypto law: When and how do the US federal securities laws apply to crypto assets?
Did you get a chance to check out the @Filecoin Station at #WebSummit yesterday?
Come grab a cup of coffee at our cafe today at E169, Pavilion One
@MartaBelcher walks you through what to expect 👇