A tale of the SEC’s crusade against synthetics -Breaking
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On the opening day of Messari Mainnet 2021, New York City’s long-awaited first crypto conference since the start of COVID-19, reports came blazingVia a viral tweet, the United States Securities and Exchange Commission served a subpoena on an event panelist who was sitting at the top end of an escalator. This took place in open daylight. While it’s still not entirely clear who was served (or why), this isn’t the first time the SEC has encroached upon the crypto industry in full view of the public. Let’s go back a mere two months.
Gary Gensler, SEC Chair, will be stepping down on July 20, 2021 He issued his comments outlining the SEC’s scope of authority on cryptocurrency:
Alex ShippProfessional writer and strategist for the digital asset sector. He has an extensive background in economics and finance as well as in emerging areas like tokenomics, decentralized system architecture and blockchain. Alex is a professional in the digital assets space and has served as an editor, strategist, writer and strategist for Offshift since 2017. He also represents DAO Cyber Republic and serves as an ecosystem representative.
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