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The SEC's 'CAT' is out of the bag. What will be the the largest database of securities transactions ever represents a massive step towards unchecked government surveillance, crypto law experts Marisa Coppel and Amanda Tuminelli write.
Never mind the recent crypto rally, for a decade the industry has been selling the promise of decentralization, a new financial system without middlemen, but many blockchain projects have recreated the very system they tried to overthrow and regulators are adamant about keeping the status quo.
Crypto advocacy group the Blockchain Association again filed an amicus brief supporting a suit by six Tornado Cash users looking to overturn OFAC’s sanction of the crypto mixer.
Critics claim that low-profile Prometheum “has a license but no business.” Is its license just a facade that allows the SEC to say digital-asset exchanges can register?
The Blockchain Association, a leading group in the digital asset industry, has made a bold call for Gary Gensler, the Chair of the United States Securities…