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Akira
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Sony crypto exchange is set to launch soon with the acquisition of Amber Japan, diversifying its $100 billion portfolio. Sony’s commercial subsidiary, Sony Network Communications, collaborated with the Japanese blockchain startup Startale Labs in 2021 to develop Sony’s public blockchain network. #siamstr
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The U.S. Supreme Court has overturned a 40-year-old case that allowed federal regulators to enforce their interpretation of ambiguous laws.
Without the so-called Chevron doctrine, the SEC could have a harder time pursuing an enforcement agenda in the near-vacuum of legal and regulatory clarity for the crypto industry. Meanwhile, the SEC has declared war on ETH staking, filing suit against Consensys, alleging that its MetaMask swaps and staking services violated U.S. securities laws. #siamstr
The US Supreme Court has limited the Securities and Exchange Commission’s (SEC) authority in enforcing securities laws. In a 6-3 decision, the court determined that the SEC’s use of in-house judges to adjudicate cases violates the constitutional right to a trial by jury #siamstr
Glico 71.8 Second Life #gn #siamstr
Happy sunday. #siamstr
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MicroStrategy has expanded its Bitcoin holdings after purchasing an additional 11,931 Bitcoin (BTC) for around $786 million, according to the company’s announcement today. The latest acquisition follows the completion of its $800 million convertible note offering on Tuesday. #siamstr
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US Congressman Ro Khanna, is set to host a Bitcoin and blockchain roundtable in Washington, D.C., in early July. Khanna’s office reportedly described the upcoming meeting as “the most significant meeting between policymakers and innovation leaders in blockchain to date.” Meanwhile, in a shocking turn Hillary Clinton has endorsed a candidate running against an Elizabeth Warren goon. #siamstr
The cryptocurrency market has crashed, with most cryptocurrencies registering double-digit losses since June 17. Crypto bulls of the leading Web3 and DeFi blockchain lost $68.44 million, while Ethereum bears lost $16.27 million. Moreover, the largest single liquidation occurred with an ETH pair against the USDC on Binance, a $6.44 million order. #siamstr
David Hirsch, who led the SEC’s Crypto Asset and Cyber Unit in the Division of Enforcement, has left the agency after serving for nine years. A year ago, Hirsch highlighted the SEC’s civil lawsuit against Coinbase as an “excellent investigation by a really great team.” The SEC’s lawsuits against Coinbase and Binance—launched separately within a handful of days—are still ongoing. #siamstr
#pescatarian #siamstr
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Biden’s campaign team plan sharply contradicts the crypto-related policies that have come out of the White House since he became president. This move seems to be a reaction to the attention Trump has gotten since turning pro-crypto. Sources familiar with the discussions revealed that the crypto plan was only in its exploratory phase. So, this means no final decision has been made yet, but it would mark a major departure from his previous advances #siamstr