Scan to download
BTC $77,535.39 -0.14%
ETH $2,314.55 +0.39%
BNB $637.33 +0.69%
XRP $1.43 +0.31%
SOL $86.21 +1.02%
TRX $0.3237 -1.20%
DOGE $0.0984 +1.24%
ADA $0.2506 +1.18%
BCH $455.23 -0.38%
LINK $9.40 +1.57%
HYPE $41.06 +0.24%
AAVE $94.21 +0.82%
SUI $0.9442 +0.57%
XLM $0.1732 -0.70%
ZEC $354.58 +4.62%
BTC $77,535.39 -0.14%
ETH $2,314.55 +0.39%
BNB $637.33 +0.69%
XRP $1.43 +0.31%
SOL $86.21 +1.02%
TRX $0.3237 -1.20%
DOGE $0.0984 +1.24%
ADA $0.2506 +1.18%
BCH $455.23 -0.38%
LINK $9.40 +1.57%
HYPE $41.06 +0.24%
AAVE $94.21 +0.82%
SUI $0.9442 +0.57%
XLM $0.1732 -0.70%
ZEC $354.58 +4.62%

unit

DeFi community jointly writes to the SEC requesting the establishment of rules to clarify the regulatory framework

The DeFi Education Fund, along with Aave Labs, Uniswap Labs, Paradigm, Andreessen Horowitz, and other organizations, has sent a letter to the U.S. SEC in response to the recent statement released by the trading and markets division regarding the registration of "non-custodial user interface" brokers for crypto asset securities.The signatories support the statement that the "non-custodial user interface," which only provides a technical entry point and allows users to manage their assets independently, should be excluded from broker registration. They also urge the SEC to establish clearer and more sustainable definitions of "broker" through formal rulemaking, to avoid incorrectly categorizing neutral software tool providers, validators, RPC/API, oracles, cloud services, and other infrastructure under broker regulations. This would provide long-term legal certainty for blockchain infrastructure innovation while ensuring investor protection.Previously, the SEC's trading and markets division indicated that some DeFi trading interfaces do not need to register as brokers, allowing for policy space for related applications. Supporters believe that the new regulations could cover infrastructure participants such as validators, APIs, and oracles. Currently, the U.S. crypto market legislation, the CLARITY Act, is stalled in the Senate.

The United States sanctions Cambodian senator, the crackdown on cryptocurrency fraud continues to escalate

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) announced sanctions against Cambodian Senator Kok An, accusing him of controlling "fraud parks" across the country, defrauding American victims through cryptocurrency investment scams.According to a statement released by OFAC on Thursday, in addition to Kok An, 28 other individuals and entities have been added to the sanctions list, all believed to be connected to his fraud network. This network is accused of luring victims into sending cryptocurrency assets under the guise of "high return investments." This action follows a raid by Cambodian police on two scam centers in the border city of Poipet. Previously, Kok An had been accused of operating scam bases in the area. OFAC stated that scammers typically gain victims' trust by establishing "friendships" or "romantic relationships," then guide them to participate in so-called cryptocurrency investment platforms, thereby defrauding them of funds, with the total amount involved reaching millions of dollars.It is noteworthy that some individuals involved in the scam activities are themselves victims of human trafficking, forced to engage in illegal activities under threats of violence. OFAC pointed out that these scam centers are often located in casinos or repurposed office parks, used not only for money laundering but also as bases for defrauding American citizens and committing human rights violations. Additionally, regulators have simultaneously shut down over 500 fraudulent website domains used for cryptocurrency investment scams, indicating that the U.S. crackdown on related criminal activities is intensifying.
app_icon
ChainCatcher Building the Web3 world with innovations.