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US SEC Signs Contracts with Blockchain Analytics Firm Anchain.Ai to Monitor DeFi Sector
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US SEC Signs Contracts with Blockchain Analytics Firm Anchain.Ai to Monitor DeFi Sector

The US SEC has awarded contracts to monitor unwanted movements across the DeFi sector. The SEC has tapped Anchain.AI artificial intelligence and blockchain company to help the regulator to analyze and trace smart contracts with the technology.

Gemini Is Giving Away 4,000 Ripple XRP Every Day at 3 pm EST
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Gemini Is Giving Away 4,000 Ripple XRP Every Day at 3 pm EST

Gemini is hosting an XRP giveaway, dubbed the 'XRP Faucet,' from Aug 11-18, 2023. Eligible U.S. residents with verified accounts can participate daily.

Circle Denies Receiving 'Wells Notice' Over USDC
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Circle Denies Receiving 'Wells Notice' Over USDC

Circle's CSO refused SEC Wells notices for its USDC token.

Paxos Discusses BUSD Stablecoin With SEC Following Wells
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Paxos Discusses BUSD Stablecoin With SEC Following Wells

Paxos CEO Charles Cascarilla said the business was "engaged in productive negotiations" with the SEC and will continue to communicate privately.

Commissioner Hester Peirce Agrees with Telegram CEO Pavel Durov’s Criticism of SEC
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Commissioner Hester Peirce Agrees with Telegram CEO Pavel Durov’s Criticism of SEC

Commissioner Hester Peirce, affectionately knowns as ‘CryptoMom’, believes the SEC’s court victory over Telegram was inappropriately reached and has further stifled innovation for the United States.

Crypto Lawyers Dispute SEC Chief's Jurisdiction Claims
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Crypto Lawyers Dispute SEC Chief's Jurisdiction Claims

Lawyers for the cryptocurrency industry have challenged recent comments made by the Chairman of the Securities and Exchange Commission (SEC), Gary Gensler, in which he claimed that all cryptocurrencies except Bitcoin fall under the agency's jurisdiction. The lawyers argue that the SEC must prove its case in court for each token individually before it can claim jurisdiction over them.

Paxos Launches Blockchain Settlement Platform Following No-Action Relief From SEC
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Paxos Launches Blockchain Settlement Platform Following No-Action Relief From SEC

Paxos Trust Company announced that it will go ahead with the launch of its blockchain-enabled Paxos Settlement Service after receiving No-Action relief from the U.S. Securities and Exchange Commission (SEC).

SEC to Keep Close Watch on Crypto Brokers and Advisers
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SEC to Keep Close Watch on Crypto Brokers and Advisers

The SEC stated the 2023 review goals would ensure crypto brokers and advisors follow "respectful standards of care."

CFTC Commissioner Clarifies the Agency's Sweeping Rights to Regulate Crypto Derivatives
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CFTC Commissioner Clarifies the Agency's Sweeping Rights to Regulate Crypto Derivatives

CFTC Commissioner Dawn D. Stump has given several clarifications that show the agency has powers to regulate cryptocurrencies.

Web3 Foundation Claims DOT is a Piece of  Software and Not a Security
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Web3 Foundation Claims DOT is a Piece of Software and Not a Security

Web3 Foundation has made a conclusion based on SEC terms that Polkadot is not a security

Continuous Crackdown on Crypto by US SEC is a Bullish Factor for Investors - Report
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Continuous Crackdown on Crypto by US SEC is a Bullish Factor for Investors - Report

The US SEC might be considered harsh for its crypto regulations, some investors use this as a basis for their investments in the space

Bloomberg Predicts Bitcoin Price to Surge Past $20,000 in 2020, Doubling Last Year’s High
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Bloomberg Predicts Bitcoin Price to Surge Past $20,000 in 2020, Doubling Last Year’s High

Bloomberg predicted in its recent report that Bitcoin’s price in 2020 could reach double of last year’s high of $14,000. It further suggested that adoption is the primary Bitcoin metric, and Bloomberg takes a positive outlook on this end. Bitcoin’s price has seen a 60% decline in 2014, and at the end of 2016, Bitcoin matched the peak in 2013. If Bitcoin chooses to follow the same trend as 2016, with a 75% decline in 2018, Bitcoin is headed towards $20,000, according to Bloomberg.

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