Mark retweeted
The CLARITY Act could establish the first comprehensive regulatory framework for crypto market structure in the United States. So why has it taken Congress so long to pass it?
@milesjennings, Head of Policy and General Counsel at a16z crypto, joined @MTSlive to explain what the bill would do, why existing securities laws are poorly suited to decentralized networks, and how the legislation would divide oversight between the SEC and CFTC.
0:00 Intro: Why hasn’t the CLARITY Act passed?
01:02 What the CLARITY Act would do
02:52 Why legislation has taken so long
03:59 Networks versus companies
05:39 How digital assets are classified
05:51 How the GENIUS Act regulates stablecoins
06:44 What is a network token?
07:23 Digital commodities versus securities
08:20 The four major digital-asset categories
09:20 Who is liable in decentralized finance?
10:45 Why oversight is split between the SEC and CFTC
12:25 Protecting consumers without requiring control
13:14 Will the CLARITY Act pass?
@cathynewman hope you challenge anyone who blames ER’s NI increase on youth unemployment as it’s actually 0% below 21 so it can’t be….
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@MarkJLittlewood @GBNEWS so Employers pay NI on 18 and 19 year olds do they?? Appalling coverage
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Mark retweeted
Please stop saying “investor protection” when you have literally impounded the cash we invested in @Unicoin_News and continue to put our investment at risk. It is disgusting
Chris Mason
@ChrisMasonBBC your opinion contends that Reeves did not explain that increased tax receipts more than covered the productivity downgrade. However you fail to mention that spending was also up by 22bn vs march forecasts due to inflation etc so still a 6bn hit overall
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fair play @BethRigby on podcast saying that productivity downgrade did have an impact ( and wasn’t totally offset as Stride et al claim) and yes 7bn welfare reversals was a Labour choice. Not sure increasing headroom was a choice more a necessity. So not a benefits street budget
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@PippaCrerar @Peston
Please can you challenge anyone who repeats the lie that the downgrade was offset by OBR adjustment and ignore the 22bn
Tory productivity downgrade -16bn
better tax receipts OBR adj +32bn
Spending OBR adj -22bn
6bn net hit
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@bbcquestiontime can you challenge any claims that the productivity downgrade was completely wiped out by OBR adjustments. They are all at it @Mark_J_Harper @MelJStride so no doubt your Tory panel member will spout it
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You have done it again today on Politics Live. You keep mentioning the 32bn OBR tax receipts adj without mentioning the corresponding 22bn OBR spending adjustment. Unless you apologise I am reporting you to the ICAEW. You are deliberately misleading the public @YuanfenYang fyi
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Well done on Peston @jamesmurray_ldn can you get your colleagues to challenge Harper et al who keep misleading on the above. They need to own the productivity downgrade
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OBR
@EdConwaySky @BethRigby @ChrisMasonBBC Wonder whether you will report that the OBR confirmed to the treasury select committee that they were in complete lockstep with the Chancellor on the very difficult position facing her on the 4th?
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2. Investors had masses of information on the Company’s strategy in a fast moving crypto environment if they as accredited investors had bothered to engage their brains and read it @GOPMajorityWhip @davidsacks47 @SecScottBessent
What’s the real story with Unicoin??
1. bottom line- had the Company been allowed to close its asset swap deals/collect deferred payment instalments it would have massive resources (accountants will always argue value of these agreements ) and be a major player @SECPaulSAtkins
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What’s the real story with Unicoin??
1. bottom line- had the Company been allowed to close its asset swap deals/collect deferred payment instalments it would have massive resources (accountants will always argue value of these agreements ) and be a major player @SECPaulSAtkins
The Only One Defrauding Unicoin’s Investors is the SEC townhall.com/columnists/dugg… #SecuritiesandExchangeCommission #Unicoin #cryptocurrency #PaulAtkins #ScottBessent #DavidSacks #GaryGensler
2. Investors had masses of information on the Company’s strategy in a fast moving crypto environment if they as accredited investors had bothered to engage their brains and read it @GOPMajorityWhip @davidsacks47 @SecScottBessent
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