Bullish’s Post

It’s great to see the OCC hosting a symposium on tokenization. Looking forward to great discussions and progress from all the collaborations that will occur at the OCC symposium on Tokenization of Real World Assets. BankWyse was purpose-built for safety and regulatory compliance with leading-edge security technology that uniquely positions us as an essential infrastructure partner for fiduciary institutions to access the exponential growth in this space. Follow us BankWyse as we create a revolutionary bank for the digital age. #blockchain #technology #privateequity #venturecapital #Fintech #riskmanagement Justin Culver Wendi Dritz Carver Brenda Kaser-Burger, MSM, CDI.D Dessa Bokides

So a lot of what I post are messages in a bottle. I know people from #SFC #HKMA #InvestHK #FTAHK and from crypto firms are in Linkedin. I don't know if they are reading my stuff, but part of what I am doing is trying to make public policy in HK a bit more transparent. So part of the reason that I wrote my document is that I *don't* want the SFC to be involved in regulating OTC transactions outside of the securities industry, and I *don't* want the type of heavy weight VASP regulation which I happen to think was a total disaster. The thing is that I would really, really like to have a discussion with whoever wants the #SFC to regulate VAOTC so that we can at least see if we are on the same side or not, and what we agree and disagree on. The thing is that since I am in the cryptoworld and the defi world, people are used to having these conversations in public on chat groups. People in tradfi aren't used to this. Right now, I have some guesses as to who is talking with the SFC, and what their agenda is, and I am also guessing about what the #SFC wants. https://lnkd.in/gg3ZqFkQ

💼 Solana’s Mango Markets Successfully Negotiates SEC Settlement 🏛️ In a pivotal move for DeFi, Solana’s Mango Markets has negotiated a settlement with the SEC over alleged securities violations. This marks a significant chapter in the regulation of Decentralized Finance, setting a precedent for other projects navigating the complex legal landscape. Key Takeaways: ⚖️ Resolution: Mango Markets has worked closely with the SEC to reach a mutually beneficial agreement without admitting wrongdoing. 💡 Impact: This settlement underscores the importance of compliance and due diligence in the evolving DeFi ecosystem. 📊 The Numbers: Statistical insights into the market and the role of regulatory frameworks will be crucial for future ventures. Engage, Comply, Thrive. As we tread new paths in crypto and DeFi, it's essential to remain vigilant and proactive in adhering to regulations. What do you think this means for the broader DeFi landscape? Will it foster an era of compliance or stifle innovation? #DeFi #Solana #CryptoRegulation #MangoMarkets #Blockchain Read More:

Binance is back in the news, now they have to pay their debt The U.S. Court ordered Binance to pay $2.7 billion in penalty to the CFTC as part of the settlement of the lawsuit. https://lnkd.in/eAzt-q2K #doge #dogecoin #shiba #shibarium #eth #ethereum #bitcoin #binance #coinbase #crypto #ada #cardano #jito #bonk #worldcoin 

Sam Bankman-Fried's lawyers have contested certain legal cases referenced by the U.S. government in its sentencing memo, advocating for a more lenient punishment for the former FTX CEO. A court filing on Wednesday highlighted this pushback. The legal team representing Sam responded to the memo earlier in the week, asserting that the portrayal of their client as a 'supervillain' was unfair. In another letter on Wednesday, the defense team critiqued some of the legal arguments put forth by the prosecution. Read the full story on the CryptoWeekly website using our link below. #sbf #ftx #fraud #scam #legal #cryptocurrency #news #crypto #unitedstates #law

CFTC Contradicts SEC Over Prometheum’s Custody Of Ethereum As Security CFTC Chairman Behnam strongly opposed the possible classification of Ethereum as a security. CFTC and SEC are working closely to avert the compliance risks highlighted by Behnam. In addition, he pointed out that the increased participation in the crypto market has pushed the limits of the existing regulatory framework, particularly in addressing the regulatory gap over digital commodity asset spot markets.  https://lnkd.in/dpgDqh3q #altcoins #blockchaintechnology #marketingdigital #icoprbuzz #coingape

#cryptomarkets #regulations #conflictsofinterest #trading #finance Vertically integrated market structures generally result in greater efficiencies, reduced costs, and better control. However, in cryptocurrency markets, this may allow parties to participate in multiple aspects of the cryptocurrency markets, from trading and clearing to brokering. Concerns may be valid on both sides - your opinion ...

The CFTC regulating crypto, instead of the SEC, brings clearer rules and fosters innovation by treating cryptos as commodities. This can drive technological advancements and encourage startups. Conversely, the SEC's stricter oversight provides stronger investor protection but may slow innovation. Balancing these approaches is key. #CryptoRegulation #CFTC #SEC #Innovation #InvestorProtection https://lnkd.in/e9HM3g3g

SEC charges 17 in alleged Ponzi scheme involving CryptoFX. After the house of cards has fallen, the individual players have been charged - 17 of them. It's frightening enough to see how far things can go and how badly people can be financially hurt, but to keep digging the hole after the whistle has been blown is beyond the pale. #wecandobetter #ponzischeme #ponzi #cryptocurrency #crypto #cryptofx #sec #cryptonews #cashflowking #fraud #weneedtodobetter #payments Read more: https://lnkd.in/e36xFKGt

📈 Market Update — 8 April 2024 ‣ Despite low funding rates & stagnant open interests, Bitcoin prices rose over the weekend, implying a spot market-driven activity ‣ Miners ar steadily selling Bitcoin with their holdings reaching a 3-year low in BTC terms ‣ MakerDAO’s decision to accept USDe as DAI collateral sparked concerns within DeFi community Check the full update for more color ↓ #markets #crypto #bitcoin