Daily Archives: January 23, 2023, 9:15 am

The Crypto Crackdown Is Just Getting Started – Bloomberg

Regulation has critics. Some fear overreach; others think it counter-productive to try to build guardrails around digital assets rather than stepping back and letting it “burn.” It’s true that crypto is rife with activity that’s more  gambling than investing. And it’s somewhat depressing to see that those at the heart of last year’s crypto collapse already have redemption in mind, from Three…

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Why “SEC Regulation by Enforcement” is a Bogus Big Crypto Catchphrase | John Reed Stark, LinkedIn

The crypto-spin goes like this: The crypto-enforcement efforts of the U.S. Securities and Exchange Commission (SEC) will crush innovation via regulation-by-enforcement. Rather than create regulations that provide specificity and clarity to crypto-firms, the SEC instead unlawfully uses enforcement actions to develop the law on a case-by-case basis, molding securities regulation into whatever best suits the SEC staff at the time. “Big…

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