{"id":23334,"date":"2024-10-30T14:13:08","date_gmt":"2024-10-30T14:13:08","guid":{"rendered":"https:\/\/diazreus.com\/?p=23334"},"modified":"2024-10-30T14:45:47","modified_gmt":"2024-10-30T14:45:47","slug":"crypto-industry-joins-forces-to-thwart-secs-airdrop-crackdown","status":"publish","type":"post","link":"https:\/\/diazreus.com\/es\/crypto-industry-joins-forces-to-thwart-secs-airdrop-crackdown\/","title":{"rendered":"Crypto Industry Joins Forces to Thwart SEC&#8217;s Airdrop Crackdown"},"content":{"rendered":"<p>Texas Lawyer, Oct. 29, 2024<\/p>\n<p>\u00abThe SEC sues digital-asset developers and exchanges seeking punitive, retroactive penalties for their purported failure to &#8216;come in and register,'\u00bb Coinbase alleged in its brief. \u00abBut the agency simultaneously refuses to explain on the record, through a rulemaking, how the compliance it demands is even possible.\u00bb<\/p>\n<p>\u00abThis creates a chilling effect on innovation and market development, effectively forcing companies to either accept SEC settlements or abandon U.S. markets entirely,\u00bb said <a href=\"https:\/\/diazreus.com\/people\/nicolle-lafosse\/\">Nicolle Lafosse<\/a>, of counsel at the international law firm of Diaz Reus, who is not involved in the case but whose specialty includes crypto litigation.<\/p>\n<p>As a result, the advocacy organizations Crypto Council for Innovation and the Blockchain Association argued on social media and in their amicus brief in support of the plaintiffs that the SEC&#8217;s regulatory stance puts \u00abthe U.S. at risk of missing the digital asset boom.\u00bb<\/p>\n<p>\u00abWhile the US lags behind, the UK, Switzerland, France, Dubai, Hong Kong, Singapore, Japan, South Korea, Australia, the Caymans, and BVI are all rolling out clear crypto regulations and attracting business,\u00bb they said in their brief. \u00abWe are standing up and urging the court to reject the SEC&#8217;s flawed arguments\u2014because America&#8217;s digital asset future is on the line.\u00bb<\/p>\n<p><a href=\"https:\/\/diazreus.com\/wp-content\/uploads\/2024\/10\/Crypto-Industry-Joins-Forces-to-Thwart-SECs-Airdrop-Crackdown.pdf\">READ MORE<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Texas Lawyer, Oct. 29, 2024 \u00abThe SEC sues digital-asset developers and exchanges seeking punitive, retroactive penalties for their purported failure to &#8216;come in and register,&#8217;\u00bb Coinbase alleged in its brief. \u00abBut the agency simultaneously refuses to explain on the record, through a rulemaking, how the compliance it demands is even possible.\u00bb \u00abThis creates a chilling effect on innovation and market &#8230; <a href=\"https:\/\/diazreus.com\/es\/crypto-industry-joins-forces-to-thwart-secs-airdrop-crackdown\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":5,"featured_media":23336,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"rs_blank_template":"","rs_page_bg_color":"","slide_template_v7":"","inline_featured_image":false,"footnotes":""},"categories":[872,231],"tags":[],"class_list":["post-23334","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles-publications","category-articulos"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Crypto Industry Joins Forces to Thwart SEC&#039;s Airdrop Crackdown - Diaz Reus<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/diazreus.com\/es\/crypto-industry-joins-forces-to-thwart-secs-airdrop-crackdown\/\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Crypto Industry Joins Forces to Thwart SEC&#039;s Airdrop Crackdown - Diaz Reus\" \/>\n<meta property=\"og:description\" content=\"Texas Lawyer, Oct. 29, 2024 \u00abThe SEC sues digital-asset developers and exchanges seeking punitive, retroactive penalties for their purported failure to &#8216;come in and register,&#039;\u00bb Coinbase alleged in its brief. \u00abBut the agency simultaneously refuses to explain on the record, through a rulemaking, how the compliance it demands is even possible.\u00bb \u00abThis creates a chilling effect on innovation and market ... 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