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Crypto & Web3CoinDesk ·

SEC Pays Flat Fee to Settle Coinbase Dispute Over Gensler's Missing Texts

The U.S. Securities and Exchange Commission has reached a settlement with Coinbase to resolve a legal dispute over missing text messages from former SEC Chair Gary Gensler. The conflict, which stretched over two years, centered on what Gensler knew about Ethereum and whether relevant communications had been preserved. A court status report revealed that the agency agreed to pay a flat fee as part of the resolution. The settlement brings to a close a prolonged records dispute that had drawn significant attention in the crypto industry.

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Crypto & Web3CoinDesk ·

Uniswap launches permissioned pools for tokenized real-world assets

Uniswap has introduced a new framework enabling regulated funds and securities to trade on its decentralized exchange. The initiative was developed in collaboration with Superstate, Securitize, and Dowgo. The permissioned trading pools are designed to enforce compliance rules required by institutional participants. This move marks a significant step by Uniswap into the tokenized real-world assets space, bridging decentralized finance with traditional financial regulation.

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Crypto & Web3CoinDesk ·

Goldman Sachs CEO supports Clarity Act, breaking ranks with banking peers

Goldman Sachs CEO David Solomon has voiced support for the crypto market structure legislation known as the Clarity Act. Solomon argued the bill would establish a more predictable and stable regulatory environment for digital assets. His stance puts him at odds with other major banking industry leaders who have raised objections to the bill. The primary concern among opposing bank executives centers on specific provisions governing stablecoins. The division highlights growing disagreement within the financial sector over how crypto regulation should be shaped.

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Crypto & Web3CoinDesk ·

EFF Warns KIDS Act Would Create Mass Surveillance and Censorship System

The Electronic Frontier Foundation (EFF) has raised serious concerns about the KIDS Act, a proposed piece of legislation currently under consideration by U.S. lawmakers. EFF's India McKinney argues that the bill goes far beyond age verification, effectively establishing a surveillance and censorship infrastructure. McKinney contends that the proposal poses a significant threat to privacy and free expression for all internet users, not just minors. The EFF is calling the bill a wake-up call for anyone who values civil liberties online.

Crypto for Advisors: It’s time for tokenization to get to work · ShortSingh