The SEC just drew the line on who controls a blockchain
The SEC added three FAQ entries on Monday that say token holders who vote in on-chain governance are generally not a controlling group, so long as they are unaffiliated. Scott Melker walks through what that means for which tokens get treated as commodities, and why staff guidance still is not a rule.
Binance says net outflows have reached $5.28 billion and deposits are now outpacing withdrawals. North Korea denies taking the money. New Jersey rescinded its 2023 order against Coinbase staking, and Brazil’s Mercado Bitcoin halted withdrawals after roughly $40 million was drained across ten chains.
Timestamps
0:00 Binance outflows reach $5.28 billion as deposits start outpacing withdrawals
3:28 BlackRock posts $405 million of net outflows, its biggest day since June
4:44 Tesla, Amazon, SpaceX and Netflix object to tokenized versions of their shares
5:53 New Jersey rescinds its 2023 order against Coinbase staking
7:16 The SEC adds three FAQ entries on governance and token status
9:56 What gridlock would mean for crypto regulation
10:42 Brazil’s Mercado Bitcoin halts withdrawals after $40 million is drained
13:08 A fake app in Solana’s dApp store asked users for seed phrases
#SEC #Crypto #Binance #Coinbase #Bitcoin #DailyWolf #YahooFinance
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7 Comments
for the wolf of all streets you don't understand how Chinese crypto exchanges work, they did not go out and buy all the coins, they lost, that is why the price did not pump…. FFS
the worst is not even close to over, the people that stole that 6B are going to dump it at some point, not a matter of if, it is when.
Imagine… all this bullshit fixed by 86ing accredited investor. Wtf
Shows do suck – i take pleasure in SHORTING – the flix…
People are putting money into binance because they know if they get hacked their money is safe! So it might actually be a good thing you mean you can buy swap do whatever with Bitcoin and your money is 100% backed you're kidding me
Nice episode, action packed as always. Bravo, keep up the good work 👏🏅📉 🏁 📈 👏
AVAX thesis still very much intact….Forty-nine of the 62 companies initially proposed for OKXICE trading objected to tokenized versions of their shares on that venue—not necessarily to tokenization itself. That could benefit Avalanche if issuers favor customizable networks with greater control over access and compliance. It creates an opening for Avalanche