578:Crypto Industry Update: US Regulations & Off-Shore Movements

Overnighters,

Episode 578:
BTC Rushes Off-Shore
Senator Lummis’ Crypto Vision
Former SEC Chief’s Warning
and More

Collect the Cover: awrd.gg/5380

The TL;DL

Senator Lummis' Crypto Vision - Senator Lummis works on regulatory framework to enable crypto ownership and trading in the US.

Former SEC Chief’s Warning - Ex-SEC attorney warns of conflict between US regulatory agency and crypto exchanges.

BTC Rushes Off-Shore - Over half of US-held Bitcoin moved to international exchanges due to unclear regulations.

Armstrong Advocates Clear Regulations - Coinbase CEO calls for clear crypto regulations to prevent falling behind other countries.

Crypto Giants Reject SEC Label - Solana Foundation and Polygon Labs dispute SEC's classification of their coins as securities.

Crypto Overnighter Podcast (6/11/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice.

Email: nick@cryptoovernighter.com
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Twitter: https://twitter.com/CryptoCorvus1