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Crypto vulnerable if CFTC not given authority, says ex-chair Behnam


Former Commodity Futures Trading Commission Chair Rostin Behnam has said the crypto market will remain unregulated unless the agency he led is given greater authority.In a May 28 Bloomberg TV interview, Behnam sided with the crypto industry on its long-standing argument that cryptocurrencies...

Crypto vulnerable if CFTC not given authority, says ex-chair Behnam


Former Commodity Futures Trading Commission Chair Rostin Behnam has said the crypto market will remain unregulated unless the agency he led is given greater authority.In a May 28 Bloomberg TV interview, Behnam sided with the crypto industry on its long-standing argument that cryptocurrencies...

Fungible cryptos in secondary sales are not securities, Ripple tells SEC


Ripple, the blockchain company behind XRP, argued that fungible cryptocurrencies are not securities when transferred in secondary transactions in a recent letter sent to the US Securities and Exchange Commission (SEC).In its May 27 letter, Ripple cited US attorney and crypto law thought leader...

Altcoin ‘wildfire’ inbound as trader shuts down bear market fears


A crypto trader has pushed back against claims that altcoin season is already over, arguing that it hasn’t even started yet, as many tokens are still near their local price bottoms.“I don’t understand why people start claiming that a bear market is around the corner,”...

AI needs better human data, not bigger models


Opinion by: Rowan Stone, CEO at SapienAI is a paper tiger without human expertise in data management and training practices. Despite massive growth projections, AI innovations won’t be relevant if they continue training models based on poor-quality data. Besides improving data standards...

Spoiler alert: The future of Web3 is not blockchain


Opinion by: Grigore Roșu, founder and chief executive officer of Pi SquaredFor some, the audacity of questioning the primacy of blockchain in Web3 is borderline heretical. The idea that decentralization and progress could exist without blockchains seems absurd to those who built careers around...

SEC’s Peirce says NFT royalties do not make tokens securities


United States Securities and Exchange Commission (SEC) Commissioner Hester Peirce said many non-fungible tokens (NFTs), including those with mechanisms to pay creator royalties, likely fall outside the purview of federal securities laws.In a recent speech, Peirce said NFTs that allow artists...

SEC’s Peirce says NFT royalties do not make tokens securities


United States Securities and Exchange Commission (SEC) Commissioner Hester Peirce said many non-fungible tokens (NFTs), including those with mechanisms to pay creator royalties, likely fall outside the purview of federal securities laws.In a recent speech, Peirce said NFTs that allow artists...

SEC Commissioner Hester Peirce Says Most Crypto Assets Are Not Securities


Peirce made the comments in Washington D.C. on Monday during the U.S. Securities and Exchange Commission (SEC) event dubbed “SEC Speaks.” Peirce Pushes Back: SEC’s Approach ‘Must Be Corrected’ SEC Commissioner Hester Peirce, affectionately known as “Crypto Mom” by some, began her speech on Monday...

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