* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Friday, August 29, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    ‘Netflix House’ entertainment complexes are coming. Here’s when they open – Los Angeles Times

    Exciting News: Netflix’s House Entertainment Complexes Are Opening Soon!

    ‘Big Brother’s’ Rylie Jeffries Finally Speaks Out on Katherine Woodman Controversy – El Paso Inc.

    Big Brother’s Rylie Jeffries Finally Speaks Out on Katherine Woodman Controversy

    ‘SNL’ Parts Ways With Emil Wakim Amid Rumored Season 51 Cast Shakeup – yahoo.com

    SNL Shakes Up Season 51 Cast with Emil Wakim’s Surprising Exit

    Do you have a favorable or an unfavorable opinion of Taylor Swift? – YouGov

    Do You Love Taylor Swift or Not? Share Your Thoughts!

    Upload Season 4 Review – yahoo.com

    Upload Season 4 Review: A Thrilling New Chapter Unveiled

    ‘The Roses’ review: Olivia Colman, Benedict Cumberbatch sparkle in dark comedy – Yakima Herald-Republic

    The Roses’ Review: Olivia Colman and Benedict Cumberbatch Shine in Dark Comedy Delight

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    13 Top Technology Trends (2025) – Exploding Topics

    13 Game-Changing Technology Trends to Watch in 2025

    Japan’s legacy LCD and chip technology find new home in India – Nikkei Asia

    How Japan’s Breakthrough LCD and Chip Technologies Are Driving Innovation in India

    ITSWC 2025: Thursday sessions guide – Traffic Technology Today

    Your Ultimate Guide to Thursday Sessions at ITSWC 2025

    MC Machinery Technology Summit Showcases Manufacturing Innovations – Modern Machine Shop

    MC Machinery Technology Summit Unveils Cutting-Edge Manufacturing Innovations

    US-ROK Technology Cooperation Faces Rising Tensions – The National Interest

    Rising Tensions Put US-South Korea Technology Partnership to the Test

    The Role of AI and Technology in Shaping the Future of Interactive Entertainment – Technology Org

    How AI and Technology Are Transforming the Future of Interactive Entertainment

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    ‘Netflix House’ entertainment complexes are coming. Here’s when they open – Los Angeles Times

    Exciting News: Netflix’s House Entertainment Complexes Are Opening Soon!

    ‘Big Brother’s’ Rylie Jeffries Finally Speaks Out on Katherine Woodman Controversy – El Paso Inc.

    Big Brother’s Rylie Jeffries Finally Speaks Out on Katherine Woodman Controversy

    ‘SNL’ Parts Ways With Emil Wakim Amid Rumored Season 51 Cast Shakeup – yahoo.com

    SNL Shakes Up Season 51 Cast with Emil Wakim’s Surprising Exit

    Do you have a favorable or an unfavorable opinion of Taylor Swift? – YouGov

    Do You Love Taylor Swift or Not? Share Your Thoughts!

    Upload Season 4 Review – yahoo.com

    Upload Season 4 Review: A Thrilling New Chapter Unveiled

    ‘The Roses’ review: Olivia Colman, Benedict Cumberbatch sparkle in dark comedy – Yakima Herald-Republic

    The Roses’ Review: Olivia Colman and Benedict Cumberbatch Shine in Dark Comedy Delight

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    13 Top Technology Trends (2025) – Exploding Topics

    13 Game-Changing Technology Trends to Watch in 2025

    Japan’s legacy LCD and chip technology find new home in India – Nikkei Asia

    How Japan’s Breakthrough LCD and Chip Technologies Are Driving Innovation in India

    ITSWC 2025: Thursday sessions guide – Traffic Technology Today

    Your Ultimate Guide to Thursday Sessions at ITSWC 2025

    MC Machinery Technology Summit Showcases Manufacturing Innovations – Modern Machine Shop

    MC Machinery Technology Summit Unveils Cutting-Edge Manufacturing Innovations

    US-ROK Technology Cooperation Faces Rising Tensions – The National Interest

    Rising Tensions Put US-South Korea Technology Partnership to the Test

    The Role of AI and Technology in Shaping the Future of Interactive Entertainment – Technology Org

    How AI and Technology Are Transforming the Future of Interactive Entertainment

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Technology

Crypto Freedom and Blockchain Association Alliance Sue the SEC Over Recent Finalized Dealer Rule

April 26, 2024
in Technology
Crypto Freedom and Blockchain Association Alliance Sue the SEC Over Recent Finalized Dealer Rule
Share on FacebookShare on Twitter

The US securities watchdog, SEC, recently adopted a new rule, significantly expanding the definition of “dealer” under the Securities Exchange Act. 

This change potentially captures a wide range of market participants who have never been considered dealers before. The new rule focuses on the post-effects of trading activity, departing from the traditional customer-facing approach. 

This shift has been met with criticism and concern from various sectors of the financial industry, particularly the digital assets market.

Crypto Freedom Alliance of Texas and Blockchain Association Take Action

In response to the SEC’s new rule, the Crypto Freedom Alliance of Texas (CFAT) and the Blockchain Association have filed a complaint for declaratory and injunctive relief. The complaint names the SEC and its Chairman, Gary Gensler, defendants. 

The plaintiffs argue that the new rule exceeds the Commission’s statutory authority and represents uninformed and impulsive decision-making. They also claim that the rule threatens to have untold impacts on digital assets industry stakeholders.

The digital assets industry has unique features that distinguish it from traditional financial markets. These features include the use of decentralized ledgers and open-source software to facilitate trading. 

The complainants contend that the SEC’s new rule fails to consider these unique characteristics. They argue that applying a regulatory framework designed for traditional markets to the digital assets industry could have severe consequences.

The complaint highlights several concerns specific to the digital assets industry. These concerns include potential reductions in liquidity, increased volatility, and decreased price efficiency in digital asset markets. 

The complainants also argue that the rule could harm competition and stifle innovation. They insisted it would discourage market participants from using decentralized finance (DeFi) protocols, which are critical for the development of next-generation internet technologies, such as Web3.

Vocal Demands in Tweets

In a series of tweets, Marisa Tashman Coppel, head of legal affairs at Blockchain Association, has laid out a bold list of demands. This demand is aimed at pushing back against what she describes as “overreach” by the US Securities and Exchange Commission (SEC).

Coppel, the Chief Legal Officer of TRM Labs, a blockchain intelligence company, outlined the “relief” her organization is seeking. Among the key demands highlighted in her tweets is a request for the SEC to “commit to no further one-sided attempts to expand its jurisdiction over digital assets” without proper rulemaking procedures. 

Also, Blockchain Association’s CEO Kristin Smith stated that the new rule is an example of the SEC’s overt moves to regulate outside its authority. She added that the Dealer Rule promotes the SEC’s anti-crypto crusade. Therefore, it unlawfully redefines the boundaries of the regulator’s statutory authority as granted by Congress.

Smith warns that this threatens to drive US companies offshore and incite fear in American innovators. 

The Blockchain Association and the Crypto Freedom Alliance of Texas are staunch American digital asset ecosystem defenders. They seek declaratory judgment and injunctive relief against the SEC to overturn their rule expansion and prohibit its use against the industry.

The Blockchain Association is the collective voice of the cryptocurrency industry, with members including the sector’s top players, leading companies, and investors. They work together to support future progress, favorable national policy, and regulatory frameworks that promote innovation for the crypto economy.

As the case progresses, the outcome has potential implications for the future of the digital assets regulation industry.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : TechReport – https://techreport.com/crypto-news/crypto-freedom-and-blockchain-association-alliance-sue-the-sec-over-recent-finalized-dealer-rule/

Tags: CryptoFreedomtechnology
Previous Post

Hydrogen Fuel Cell Vehicle market Key Players Data, Analysis by Size, Share, Opportunities, Revenue, Future Scope and Forecast 2029

Next Post

WhatsApp Threatens to Exit India If Forced to Break End-to-End Encryption

Lake Tanganyika cichlids partition habitat by time – Nature

How Lake Tanganyika Cichlids Share Their Habitat by Time to Thrive

August 29, 2025
Ancient Life “Wakes Up” After 100 Million Years Under the Seafloor – IFLScience

Ancient Life Resurfaces After 100 Million Years Hidden Beneath the Seafloor

August 29, 2025
Golden Apple: Seward science teacher helps students soar – KOLN | Nebraska Local News, Weather, Sports | Lincoln, NE

Golden Apple Award: Seward Science Teacher Inspires Students to Soar

August 29, 2025
Maverick Lifestyle Inc.’s Beta Climbs After Market Volatility getLinesFromResByArray error: size == 0 – thegnnews.com

Maverick Lifestyle Inc.’s Beta Climbs After Market Volatility getLinesFromResByArray error: size == 0 – thegnnews.com

August 29, 2025
13 Top Technology Trends (2025) – Exploding Topics

13 Game-Changing Technology Trends to Watch in 2025

August 29, 2025
With Micah Parsons trade following Luka Dončić blockbuster, Dallas sports fans continue to have miserable year – CBS Sports

Micah Parsons Trade After Luka Dončić Blockbuster Leaves Dallas Sports Fans Reeling

August 29, 2025
Mismatches will not halt Women’s Rugby World Cup momentum, insist organisers – The Guardian

Women’s Rugby World Cup Momentum Unstoppable Despite Challenges, Organisers Insist

August 29, 2025
Europe Is Spending Big on Defense. Will That Help Its Ailing Economy? – The New York Times

Europe Is Spending Big on Defense. Will That Help Its Ailing Economy? – The New York Times

August 29, 2025
‘Netflix House’ entertainment complexes are coming. Here’s when they open – Los Angeles Times

Exciting News: Netflix’s House Entertainment Complexes Are Opening Soon!

August 29, 2025
CDC director’s firing prompts health concerns : The News4 Rundown – NBC4 Washington

Firing of CDC Director Ignites Nationwide Health Alarm

August 29, 2025

Categories

Archives

August 2025
MTWTFSS
 123
45678910
11121314151617
18192021222324
25262728293031
« Jul    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (796)
  • Economy (815)
  • Entertainment (21,694)
  • General (16,739)
  • Health (9,856)
  • Lifestyle (829)
  • News (22,149)
  • People (816)
  • Politics (822)
  • Science (16,025)
  • Sports (21,314)
  • Technology (15,796)
  • World (797)

Recent News

Lake Tanganyika cichlids partition habitat by time – Nature

How Lake Tanganyika Cichlids Share Their Habitat by Time to Thrive

August 29, 2025
Ancient Life “Wakes Up” After 100 Million Years Under the Seafloor – IFLScience

Ancient Life Resurfaces After 100 Million Years Hidden Beneath the Seafloor

August 29, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version