SEC chair Gensler reaffirms Bitcoin is not a security
Key Takeaways
- SEC Chair Gary Gensler reaffirmed Bitcoin’s status as not a security.
- Gensler emphasized the need for strict regulations and trust for broader crypto acceptance.
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Bitcoin active address momentum slows, echoes post-peak declines of 2018 and 2021
Onchain Highlights
DEFINITION: This metric, compares the monthly average 🔴 of new addresses against the yearly average 🔵 to underline relative shifts in dominant sentiment and help identify when the tides are turning for network activity.
BNY Mellon may have received SEC approval to custody Bitcoin and crypto assets
Key Takeaways
BNY Mellon received a variance from SEC’s SAB 121 for crypto custody.
BNY Mellon’s crypto custody plans signal major institutional shift.
Why Tornado Cash Co-Founder Roman Storm’s Free Speech Defense Was Rejected in Court – Decrypt
Code is protected speech? Not so fast, a U.S. district judge ruled last week in the high-profile case around Ethereum coin mixer Tornado Cash.
Judge Katherine Polk Failla rejected developer Roman Storm’s motion to dismiss his case in the Southern District of New York last Thursday.