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SEC Chair Paul Atkins Unveils ‘Project Crypto’ To Drive ‘Digital Asset Revolution’

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Securities and Exchange Commission (SEC) Chair Paul Atkins has unveiled “Project Crypto,” a sweeping reform initiative aimed at positioning the US at the forefront of the “digital asset revolution.” Atkins said the initiative is a direct response to a report released by US President Donald Trump’s Working Group on Digital Assets and that it aims ”to make the US ”the crypto capital of the world.” He added that the i nitiative will modernize the securities rules and regulations ”to enable America’s financial markets to move on-chain.” “Many of the Commission’s legacy rules and regulations do not make sense in the twenty-first cen tury — let alone for on-chain markets,” Atkins said .  “The Commission must revamp its rulebook so that regulatory moats do not hinder progress and competition, from both new entrants and incumbents, to the detriment of Main Street.” ‘Project Cry...

Coinbase is a 'mission focused company'

On Saturday, June 14, millions of Americans showed up to “No Kings” protests across the United States to voice their opposition to the United States’ perceived slide towards authoritarianism. At the same time, thousands gathered for a military parade-cum-presidential birthday celebration in the nation’s capital. This celebration of the United States military, a formidable fighting force that refuses the jurisdiction of the International Criminal Court over its occasionally criminal conduct, doubled as a celebration of Donald Trump’s birthday. This event was also sponsored by Coinbase. Several years ago, Coinbase published a manifesto in which it decreed that it was a “mission-focused company” and stated, “We don’t advocate for any particular causes or candidates internally that are unrelated to our mission, because it is a distraction from our mission.” Additionally, it assured people that it does not “Take on activism outside of our core...

Bitcoin Facts: Unravelling Satoshi Nakamoto’s BTC Stash, How Rich Is He?

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The mysterious Satoshi Nakamoto is a legend, hiding in plain sight, but at the same time, making his presence felt through Bitcoin, which is his biggest innovation. Nakamoto gave birth to Bitcoin, the spark that ignited the world’s financial propellers, sending them off to embrace a digital innovation. Bitcoin emerged as a true competitor, which is now giving stiff competition to the current fiat currency system of the world. Ever wondered how much Bitcoin or wealth the creator of BTC truly holds? Let’s find out. Also Read: Vegas Spotlight: Bitcoin (BTC) Tops Amazon (AMZN), Google (GOOG) With $2.3T Market Cap Satoshi Nakamoto: Who Is He? Source: The Cryptonomist Satoshi Nakamoto is a pseudonym used by the developer of Bitcoin, whose real identity is yet to be revealed. Nakomoto is said to have developed Bitcoin and worked on publishing the ever-famous Bitcoin whitepaper, the one element that started a chain reaction of sorts, defying the laws of traditional monetary policies to ri...