2024-11-14 20:51

JUST IN: 🇺🇸 Vivek Ramaswamy reveals plans with Elon Musk for the Department of Government Efficiency (DOGE): "We are assembling the brightest minds in the country. This is the equivalent of a modern Manhattan Project. I think the major problem holding our country back is a federal bureaucracy. Target that cost, save the money, restore self-governance."

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Today 2024-11-15

00:10

Kraken Pro has launched the symbol DOG • GO • TO • THE • MOON perpetual futures contract

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AICoin Focus: Daily Hotspot Selection (November 15th)

1. The attorneys general of 18 states in the United States have jointly sued the SEC, accusing it of excessive interference in the cryptocurrency industry and requesting the court to declare that digital asset trading does not constitute an investment contract. 2. Former SEC Chairman Jay Clayton has been nominated by Trump as a prosecutor for the Southern District of New York, which may affect future cryptocurrency regulatory trends. 3. After Trump's victory, the cumulative trading volume of the US Bitcoin spot ETF exceeded $500 billion, and the market's interest in cryptocurrency assets increased. 4. Solana's on chain DEX trading volume has reached a historic high, accounting for 42% of all on chain DEX daily trading volume. 5. Franklin Templeton expands the $410 million money market fund to the Ethereum blockchain, demonstrating the recognition of blockchain technology by traditional financial institutions. 6. The inflow of funds into the US Bitcoin ETF has significantly increased, with a total net inflow of $28.3 billion since Trump's election victory. 7. The UK government plans to pilot digital government bonds using distributed ledger technology and explore innovative financial tools. 8. Federal Reserve Chairman Powell stated that the Fed has time to understand the impact of Trump's policies on the economy and is committed to controlling inflation. 9. The International Finance Association warned that Trump's policy may lead to a rise in the proportion of US debt to GDP of more than 150%. 10. Three Arrows Capital seeks to increase its claim amount against FTX to $1.53 billion, and related legal disputes continue. 11. Crypto mining company BIT Mining's investment in the native token PROS of decentralized protocol Prosper marks its further expansion into the blockchain field. 12. The South Korean Financial Commission discovered 500000 suspected KYC violations during its review of Upbit, which may trigger regulatory measures. 13. Michael Thaler calls for the establishment of a strategic reserve for Bitcoin in the United States, believing that changes in cryptocurrency policies will benefit industry development. 14. The Federal Reserve's Barkin stated that it is working to normalize its balance sheet and is focusing on the best inflation data. The above is a selection of hot topics from the past 24 hours. Click to see the full article: https://www.aicoin.com/article/429358

News.yestory 2024-11-14

23:56

OM price fluctuation, up 21.58% in 24H, now reported at $1.69

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The attorneys general of 18 states in the United States have jointly initiated a lawsuit, accusing the SEC of exceeding its authority in regulating cryptocurrencies at the state level

BlockBeats News: On November 15th, FOX reporter Eleanor Terrett posted on social media that "18 states in the United States have filed lawsuits against the Securities and Exchange Commission (SEC) and its commissioners, accusing them of unconstitutional excessive intervention and unfair treatment of the cryptocurrency industry under the leadership of SEC Chairman Gary Gensler. The lawsuit, signed by 18 Republican state attorneys general in the United States, details how the agency has engaged in "serious government overreach" in a $3 trillion industry through enforcement actions and violated the power of states to regulate their economy Nebraska Attorney General Mike Hilgers stated that "Nebraska and Kentucky are jointly leading an alliance of 18 states to challenge the Biden and Harris administrations' illegal and widespread regulation of cryptocurrency. In a lawsuit submitted to the Federal District Court for the Eastern District of Kentucky, state attorneys general and other parties have accused the U.S. Securities and Exchange Commission (SEC) of exceeding its authority. Despite previous actions and public statements by the Securities and Exchange Commission and its chairman, the agency has launched a regulatory offensive against cryptocurrency companies. The SEC has exceeded the authority granted by Congress by attempting to classify cryptocurrencies as investment contracts, such as stocks or bonds, in order to subject them to SEC regulation. In addition to Nebraska and Kentucky, the participating states also include Arkansas, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Montana, Ohio, Oklahoma, South Carolina, Tennessee, Texas, Utah, and West Virginia 18 Republican state attorneys general in the United States are requesting the court to declare that "digital asset trading is not an investment contract" and issue an order to prevent the SEC from filing charges in the future against "digital asset platforms that have failed to register as securities exchanges, dealers, brokers, or clearing institutions. According to the lawsuit, many states have established their own regulatory frameworks for the cryptocurrency industry and encouraged its development.