How BlockFi’s $100M SEC Settlement Creates New Standard for DeFi

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. While Congress holds hearings on how to define digital assets, the SEC took this task upon itself recently. The first major ruling is that common DeFi lending protocols must register as securities products—something that’s […]

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New Draft Bill Mandates Stablecoins be 100% Backed by Reserves

Neither the author, Ruholamin Haqshanas, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. US Congressman Josh Gotthiemer has drafted a new bill that seeks to provide clearer legislation on stablecoins. The bill allows banks and non-banks to issue stablecoins but mandates them to back their digital assets […]

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New US Bill to Protect Self-Hosted Wallets from Federal Agencies

Neither the author, Kingsley Alo, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. American Congressman Warren Davidson, recently introduced a new bill on the floor of congress to protect self-hosted crypto wallets from government tampering. The new legislation seeks to prevent Federal agencies from restricting a person’s […]

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Crypto Under Scrutiny as the Canadian Government Declares Emergency

Neither the author, Ruholamin Haqshanas, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. On Monday, Canadian Prime Minister Justin Trudeau invoked the Emergencies Act—effectively declaring a national public order emergency—in a bid to give the federal government extraordinary temporary measures to handle ongoing protests that started off […]

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