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ethdenver

The SEC Chairman signals the direction of cryptocurrency regulation: clarifying the investment contract framework and promoting innovation exemptions and rule-making

The official website of the U.S. Securities and Exchange Commission published a speech by Chairman Paul Atkins at the ETHDenver conference, outlining the agency's direction on cryptocurrency regulation, which mainly includes:Clarifying the "investment contract" framework: The Commission will study and publish a framework that clarifies under what circumstances crypto assets constitute investment contracts, as well as their formation and termination mechanisms.Innovation exemptions: Considering the establishment of innovation exemptions that allow for pilot trading of certain tokenized securities under restricted conditions, including limited trading on new platforms such as automated market makers, to accumulate experience for a long-term regulatory framework.Advancement of rules and guidance: Plans to initiate or advance rulemaking on topics such as financing pathways for crypto assets, broker-dealer custody for non-securities crypto assets (including payment stablecoins), and modernization of transfer agent rules; and continue to provide clarity for non-registration scenarios such as wallets and user interfaces through no-action letters and exemption orders.Regulatory philosophy: Paul Atkins emphasized that regulators should not react to short-term price fluctuations. The responsibility of the U.S. Securities and Exchange Commission is to ensure adequate information disclosure and clear rules, allowing market participants to make decisions in a transparent environment, rather than "supporting prices."

GoPlus will participate in the ETHDenver 2023 event as a Cypher Sponsor

ChainCatcher news, according to ETHDenver and GoPlus official Twitter, GoPlus will participate as a Cypher Sponsor in the ETHDenver 2023 event from February 24 to March 5 local time.GoPlus will deliver speeches on the main stage of ETHDenver around the themes of "User Security in Web3" and "What Kind of Decentralized Security Infrastructure Do We Need"; and will launch "An Important Component of the Web3 Security Service Ecosystem - Security Service Center," opening applications to global security service developers.During the first week of ETHDenver's opening Buildweek, GoPlus will set up four bounty questions focusing on security data provision, security data algorithms, user security risk control scoring systems, and innovative security applications, offering 7 bounty prizes with a total reward of $15,000.In addition to participating in Buildweek and the main stage, GoPlus will also host the first Web3 Users' Security Afternoon themed salon event at the Web3 Social House venue, collaborating with representatives from Harpie, Sleto, and Walletguard, which are user security service providers within the GoPlus ecosystem. The three panels will include participants from Coinbase, Metamask, SafePal, Starknet, Zerion, Mask Network, LiFi, and Chainbase, among other leading exchanges, public chains, wallets, infrastructure services, and applications in Web3, discussing how to provide a better security environment for Web3 users from different perspectives. (Source link)
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