Decrypt’s Art, Fashion, and Entertainment Hub.
I’m in Washington D.C. and had a meeting canceled. Will be at the Dirksen Senate Office building snack bar for the next hour or so, if anyone wants to come chat about crypto and how we get crypto legislation + regulatory clarity this year.
— Brian Armstrong (@brian_armstrong) February 13, 2023
1/ Announcing the first donation of on-chain art from a collector to a museum, and the largest digital fine art collection to enter a museum
22 works from The Cozomo de' Medici Collection have been added to the permanent collection of the Los Angeles County Museum of Art (LACMA) pic.twitter.com/6ePSznorrM
— Cozomo de’ Medici (@CozomoMedici) February 13, 2023
🧵 Today is a sad day at Magic Eden.
As part of a company-wide restructuring, we have made the difficult decision to part ways with 22 teammates. Nothing about this decision takes away from the talent, hardwork and dedication of this incredible group of people. pic.twitter.com/2LAGfK9dMV
— Jack Lu (@0xLeoInRio) February 14, 2023
instead of allowing issuers to be regulated as banks or bank subsidiaries, which the President’s Working Group recommended in November 2021.
“If stablecoin issuers are forced to become banks, it would give stablecoins instant credibility, propel the growth of DeFi- a new form
— Eleanor Terrett (@EleanorTerrett) February 14, 2023
El estado de Texas, nuestro nuevo aliado.
En mi encuentro con el Secretario Adjunto del Gobierno de Texas, Joe Esparza @TXsecofstate, abordamos la apertura de la segunda Embajada #Bitcoin y de ampliar los proyectos de intercambios comerciales y económicos. 🇺🇸🤝🇸🇻 pic.twitter.com/NcmOjeadl6
— Milena Mayorga (@MilenaMayorga) February 14, 2023
Here’s a list of the companies that fund @BlockchainAssn.
Lots of corporations. Zero people like you.
They are the ones out there “educating” regulators and politicians.
They represent corporate & VC interests. Not YOUR interests.
They can - and will - sell your ass out. pic.twitter.com/F5WNM1ka1r
— Chris Blec (@ChrisBlec) February 15, 2023
This clip art rock stored on Bitcoin just sold for $90,092.
The bull market is back. pic.twitter.com/cGyQGTm5T2
— Leonidas.og (@LeonidasNFT) February 16, 2023
Bro @BoredApeYC @yugalabs what a fucking joke bahahahahaha you got some explaining to do. 4/5/21 and your kennels came out 6/21 and you went and trademarked this skull. Are you guys ok or have you bumped your heads? https://t.co/HiLFdbnFL5 pic.twitter.com/FJigzJgBr8
— COLOMBO (@Jdotcolombo) February 17, 2023
2/ First, the revelations. Today, I’m publicly disclosing for the first time that (a) I handed over evidence to law enforcement of probable crimes committed by a big crypto fraud, starting months before that company imploded and stuck its millions of customers with losses, and...
— Caitlin Long 🔑⚡️🟠 (@CaitlinLong_) February 17, 2023
The SEC versus everyone
Operation Chokepoint 2.0 is in full effect. It's no coincidence that every financial regulator in the country is attacking mundane, respectable, domestic crypto businesses in the past week. There is no interest in supervising crypto. Everything being done is to shut it down.
— Jesse Powell (@jespow) February 13, 2023
My statement on today's custody proposal. Looking forward to comments from the public. This one affects crypto, among many other issues: https://t.co/1eWT6P45Ya
— Hester Peirce (@HesterPeirce) February 15, 2023
This is not a final action — it’s just the first step in a long process that requires the SEC to collect public views before considering next steps.
— paulgrewal.eth (@iampaulgrewal) February 15, 2023
And like magic, here's the lawsuit: https://t.co/NUT5juHZF0
— Ally Versprille (@allyversprille) February 16, 2023
so yeah I think there are at least three firsts here:
-->alleging a stablecoin (UST) is a security
-->alleging a (stock) synth (mAsset) is a (securities) swap
-->alleging a 'wrapped token' (wLUNA) is a security
— _gabrielShapir0 (@lex_node) February 16, 2023
Today we announced charges against former NBA player Paul Pierce for touting EMAX tokens on social media without disclosing the payment he received for the promotion and for making false and misleading promotional statements about the same crypto asset.
— U.S. Securities and Exchange Commission (@SECGov) February 17, 2023