Crypto vs Capitol Hill: How Biden and the SEC are Targeting Binance, Coinbase and Ripple

9 months ago
53

🎥 Welcome back, knowledge seekers, to the Pity Rules The World channel! 🚀

YouTube: https://www.youtube.com/@PityRulesTheWorld

YouTube: https://www.youtube.com/@PityRulesTheWorld

In this episode, we dive into the high-stakes world of crypto regulation and politics. The SEC clashes with Binance and Coinbase but later forms a cautious alliance with Binance. Ripple wins a landmark case, setting a tough precedent for future SEC interventions. Political figures like Trump, DeSantis, and Kennedy Jr. are making waves in crypto, each with their unique take. As the 2024 presidential race looms, crypto isn't just an asset—it's a political tool. Will regulators adapt or be left behind? Stay tuned!

🎬 Powered by DaVinci Resolve, our secret weapon in video editing, we skillfully craft, polish, and spice up our content to ensure what you see and hear keeps you riveted.

📺 Our videos, born from fragments of globally recognized news channels, are molded and reshaped under the watchful eye of Fair Use (Section 107 of the Copyright Act). We guarantee you a content experience that is crisp, distinctive, and above all, memorable.

💡 Did this video tickle your brain cells? Remember to subscribe and ring that bell for your regular drip of knowledge and enlightenment:

/ @pityrulestheworld

Sources Used in this Video:
1. Binance & SEC Agreement: [CNN](https://edition.cnn.com/2023/06/18/business/binance-sec-agreement-us-assets/index.html)
2. SEC's Legal Action on Binance and Coinbase: [CoinDesk](https://www.coindesk.com/markets/2023/06/12/secs-binance-coinbase-suits-create-uncertain-future-for-listed-tokens-legal-experts/)
3. Binance US Asset Freeze Denied: [CoinDesk](https://www.coindesk.com/policy/2023/06/13/us-judge-rebuffs-sec-request-for-binanceus-asset-freeze-for-now/)
4. Ron DeSantis & Crypto: [CoinTelegraph](https://cointelegraph.com/news/is-ron-desantis-good-for-crypto-republican-makes-bitcoin-part-of-campaign)
5. Trump's Crypto Holdings: [Unlock-BC](https://www.unlock-bc.com/104877/trumps-latest-disclosure-unveils-nft-income-and-crypto-holdings/) + [Forbes](https://www.forbes.com/sites/zacheverson/2023/08/11/donald-trump-is-invested-in-cryptocurrency/?sh=403fae893910)
6. RFK Jr & Capital Gains Tax: [CoinDesk](https://www.coindesk.com/policy/2023/07/19/us-presidential-candidate-rfk-jr-vows-to-exempt-crypto-from-capital-gains-tax-if-elected/)
7. Ripple SEC Case: [CoinDesk](https://www.coindesk.com/policy/2023/07/13/sale-of-xrp-on-exchanges-not-investment-contracts-court-rules-in-sec-case-against-ripple/#:~:text=Institutional%20sales%20of%20the%20tokens,did%20not%2C%20a%20court%20ruled.&text=Ripple%20scored%20a%20partial%20win,clarity%20for%20the%20crypto%20industry)

Join the conversation with #Business #Politics #Finance #Trump #Biden #Musk #Crypto #USD #USA and tell us what you think!

Loading comments...