First introduced in June of 2022, the bipartisan Lummis-Gillibrand bill aims to offer regulatory clarity and designate a leading authority.
Citing the SEC’s use of regulation by enforcement as one of the leading factors causing crypto companies to look elsewhere.
The social application, regionally known as Xiaohongshu boasts over 200 million active users and is one of the countries leading lifestyle platforms. The collaboration highlights an increasing move to attract international audiences as regulatory pressure grows in the U.S.
Users must tick a box stating they are not a “US Person,” which several U.S. based traders openly claimed they did after waiting months for their rewards.
Stating that “using enforcement actions to tell people what the law is in an emerging industry is not an efficient or fair way of regulating.”
With Ethereum as the first supported chain and primarily available to select U.S. users.
As the NY Fed launches a 12-week pilot program with some of the biggest banks in TradFi.
Shell seems to think so, claiming its Cooling Fluid system could reduce costs and emissions by up to 48%.
That is focused on empowering creators with initial tests led by artists like Drift, Amber Vitoria, Danny Casale of Coolman Universe, and more.
With instant in-app ACH transfers through Sardine that allow U.S. users to buy crypto with no settlement delays.
