The cryptocurrency market is abuzz with optimism. This enthusiasm comes on the heels of the SEC’s recent announcement that it would be withdrawing its proposed amendment to Rule 3b-16 of the Exchange Act and amendments to the Custody Rule. This decision is designed to alleviate regulatory burdens on the fledgling...
The SEC just blinked. And frankly, it's about damn time. Those proposed rules weren't about protecting investors; they were about protecting the old guard, the gatekeepers who've always controlled access to wealth. Just like when your grandma couldn’t easily trade stocks online. The SEC’s crypto stance seemed like that all...
The crypto world is rejoicing following the SEC’s surprise retreat from several proposed rules. Sokha Chan Twitter Email Sokha Chan breaks down what it all means for the altcoin market. He takes particular interest in projects such as Solaxy ($SOLX) and Bitcoin Hyper ($HYPER). GreedyChain.com is all about providing you...
In short, the U.S. Securities and Exchange Commission (SEC) appears to be laying the groundwork for a new, more contentious approach to decentralized finance (DeFi). On June 9th, the agency held the bizarrely named roundtable “DeFi and the American Spirit.” SEC Chairman Paul Atkins just yesterday offered up the thrilling,...
Okay, folks, let's be real. For years, the SEC and crypto have had the kind of love-hate relationship you might find in a terrible rom-com. Picture this as American Gothic with Brad and Angelina replaced with Gary Gensler glowering at a Bored Ape. Remember how much fun they had making...
The SEC’s sudden love for DeFi seems…off, right? Similar to learning your deeply anti-tech uncle just purchased a Bored Ape. For a peek into the Chairman’s optimism, take a look at Chairman Atkins’ upcoming roundtable on “DeFi and the American Spirit.” As builders on Layer 1s ourselves, we should—and do—have...
The Securities and Exchange Commission (SEC) appears to be having a change of heart on DeFi. Under new leadership of Chairman Paul Atkins, the SEC is seriously looking into an “innovation exemption” policy. This policy change would enable DeFi actors to bring on-chain innovations to market with reduced regulatory scrutiny....
The decentralized finance (DeFi) space is exploding. Positive signals from the Securities and Exchange Commission (SEC) and large inflows into Ethereum ETFs are stoking this momentum. The overall market capitalization of the DeFi sector has increased by 10% to $150 billion. In addition, it’s a sign of increasing investor confidence...
Ethereum has made big news lately, riding a wave of price appreciation above the $2,700 level. Here’s what’s driving the rally Changing perceptions of the U.S. Securities and Exchange Commission’s (SEC) approach to crypto. This transformation especially affects Ethereum and De centralized finance (DeFi). GreedyChain.com is your guide to help...
So, Ethereum’s mooning, DeFi’s booming, and the SEC’s gone all warm and fuzzy on us. Color me skeptical. We're all popping champagne over what looks like a win, but I'm seeing something else entirely: a potential slow-motion rug pull disguised as regulatory approval. Yes Paul Atkins talks about the virtues...
