Tag: Government

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Ft. Worth Texas Based Crypto Exchange Firm Sues The SEC For Overreach Tactics

Business, Ideas, News, NFT'S, Technology, TrendingMarch 5, 2024349Views 0Likes 0Comments

Fort Worth-based crypto company Lejilex and lobbying group Crypto Freedom Alliance of Texas (CFAT) claim the SEC has asserted jurisdiction over the industry without a “clear statutory mandate.” The Texas cryptocurrency company and an industry group sued the U.S. Securities and Exchange Commission (SEC) on Wednesday, saying the regulator has overstepped its authority with malice…

How Governments Are Trying To Dictate How, What and If You Purchase Digital Assets

Business, Ideas, News, NFT'S, Technology, TrendingFebruary 9, 2022307Views 0Likes 0Comments

Hester Peirce of the Securities and Exchange Commission publicly rebuked her agency’s crypto enforcement, calling it “paternalistic and lazy” and asking if a “hostile” regulator is the best solution for the industry. Peirce, who was appointed to her post as commissioner by President Donald Trump in 2018, wrote in a statement on Thursday that she…

How Digital Assets Became a Target of (Regulation)

Deep Dive, NFT'S, TrendingFebruary 8, 2022276Views 0Likes 0Comments

Digital assets, including cryptocurrencies like Bitcoin and Ethereum, have become a target of regulation due to several factors and concerns that emerged as the technology gained popularity. Here are some key reasons: Financial Stability Concerns: The rapid growth of cryptocurrencies raised concerns about their potential to disrupt traditional financial systems and impact financial stability. Regulatory…