In the darkest corners of Crypto Twitter, on the r/WallStreetBets Reddit page, across a myriad of Telegram chats and in Discord messaging rooms, thousands of inexperienced investors were being sold a promise: buy at this time and riches will follow.
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- There seems to be some disagreement over whether Kik has a free path going forward (Photo: Pixabay/Keith Johnston)
Citing SEC settlement Kik moves forward with Kin token
Unfortunately, the Securities and Exchange Commission and Kin Foundation appear to have different opinions over whether KIN is still a security
With the legal uncertainty finally over, Kin is poised to thrive as an active blockchain ecosystem, the Kin Foundation said. But, there seems to be some disagreement between the SEC and the Foundation over the status of the KIN token.
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In a coda to its failed TON blockchain project, Telegram abandons trademark suit
Telegram paid one last time—to a competitor—for the death of its plan to distribute $1.7 billion in Gram tokens at the hands of the SEC
The messaging service turned blockchain developer dismissed its lawsuit against crypto firm Lantah, which plans to use Grams as the name of its own tokens. The decision is presumably the result of Telegram abandoning the project that would use the trademark following its settlement with the U.S. Securities and Exchange Commission (SEC).
- SEC Commissioner Hester Peirce called for a more innovation-friendly environment for crypto firms in a Senate Banking Committee hearing (Photo: U.S. Senate)
“Crypto Mom” tells Senate crypto is here to stay
At a hearing for a second term on the Securities and Exchange Commission, Hester Peirce called for clearer regulations on selling cryptocurrencies, and took issue with the project-killing lawsuit against Telegram
Speaking at a hearing on her nomination for a second term on the Commission, the Republican appointee promised to “redouble” her effort to create such an environment in order to spur innovation and attract new entrants to the industry.