Under Trump, the U.S. War Against Crypto Is Over

Dow Jones12-02

A federal judge in San Francisco accepted the SEC's view of how to apply a legal test for determining which investments are securities. "Trump's Return Heralds Litigation Peace for Crypto -- WSJ" at 5:30 a.m. ET on Dec. 1, incorrectly said the judge was in Seattle.

(END) Dow Jones Newswires

December 02, 2024 11:20 ET (16:20 GMT)

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Comments

ZhongRenChun
12-02
ZhongRenChun
Stocks should be traded like cryptocurrency. It's far more efficient to trade crypto than stocks. So every stock should have its own crypto backed by stock at 1:1. So for example Nvidia could have its own Nvidia crypto where each coin is back by 1 share of Nvidia stock at 1:1.
King19
12-02
King19
😂

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Now they are likely to lay down their arms.The Securities and Exchange Commission sued crypto exchanges Binance, Coinbase and Kraken last year, accusing the platforms of dealing assets that are illegal to trade without regulatory supervision. Crypto executives had refused to comply with financial rules that they said were a bad fit for digital currencies.Trump's return to the White House will mean a new era for crypto -- with fewer government hurdles. The president-elect, shedding previous skepticism of crypto, has pledged support for the digital-asset industry, whose leaders embraced his campaign. 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So every stock should have its own crypto backed by stock at 1:1.&nbsp; So for example Nvidia could have its own Nvidia crypto where each coin is back by 1 share of Nvidia stock at 1:1.","listText":"Stocks should be traded like cryptocurrency.&nbsp; &nbsp;It's far more efficient to trade crypto than stocks. So every stock should have its own crypto backed by stock at 1:1.&nbsp; So for example Nvidia could have its own Nvidia crypto where each coin is back by 1 share of Nvidia stock at 1:1.","text":"Stocks should be traded like cryptocurrency. It's far more efficient to trade crypto than stocks. So every stock should have its own crypto backed by stock at 1:1. So for example Nvidia could have its own Nvidia crypto where each coin is back by 1 share of Nvidia stock at 1:1.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/377266914791616","repostId":2488652563,"repostType":4,"repost":{"id":"2488652563","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1733133486,"share":"https://ttm.financial/m/news/2488652563?lang=&edition=fundamental","pubTime":"2024-12-02 17:58","market":"hk","language":"en","title":"Under Trump, the U.S. War Against Crypto Is Over","url":"https://stock-news.laohu8.com/highlight/detail?id=2488652563","media":"Dow Jones","summary":"WASHINGTON -- Regulators tried to police the crypto market using the strongest weapons they have. Now they are likely to lay down their arms.The Securities and Exchange Commission sued crypto exchanges Binance, Coinbase and Kraken last year, accusing the platforms of dealing assets that are illegal to trade without regulatory supervision. Crypto executives had refused to comply with financial rules that they said were a bad fit for digital currencies.Trump's return to the White House will mean a new era for crypto -- with fewer government hurdles. The president-elect, shedding previous skepticism of crypto, has pledged support for the digital-asset industry, whose leaders embraced his campaign. He also wants to curb the independence of agencies such as the SEC and the Federal Reserve.Gensler flipped the SEC's attention away from the hundreds of coin issuers to those exchanges and similar midd","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     A federal judge in San Francisco accepted the SEC's view of how to apply a legal test for determining which investments are securities. \"Trump's Return Heralds Litigation Peace for Crypto -- WSJ\" at 5:30 a.m. ET on Dec. 1, incorrectly said the judge was in Seattle. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 02, 2024 11:20 ET (16:20 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Under Trump, the U.S. War Against Crypto Is Over</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSTR":"MicroStrategy","COIN":"Coinbase Global, Inc."},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2488652563","content_text":"A federal judge in San Francisco accepted the SEC's view of how to apply a legal test for determining which investments are securities. \"Trump's Return Heralds Litigation Peace for Crypto -- WSJ\" at 5:30 a.m. ET on Dec. 1, incorrectly said the judge was in Seattle. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  December 02, 2024 11:20 ET (16:20 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":377299880980560,"gmtCreate":1733142638788,"gmtModify":1733142641686,"author":{"id":"4088135301967120","authorId":"4088135301967120","name":"King19","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"4088135301967120","authorIdStr":"4088135301967120"},"htmlText":"😂&nbsp;","listText":"😂&nbsp;","text":"😂","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/377299880980560","repostId":2488652563,"repostType":2,"repost":{"id":"2488652563","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1733133486,"share":"https://ttm.financial/m/news/2488652563?lang=&edition=fundamental","pubTime":"2024-12-02 17:58","market":"hk","language":"en","title":"Under Trump, the U.S. War Against Crypto Is Over","url":"https://stock-news.laohu8.com/highlight/detail?id=2488652563","media":"Dow Jones","summary":"WASHINGTON -- Regulators tried to police the crypto market using the strongest weapons they have. Now they are likely to lay down their arms.The Securities and Exchange Commission sued crypto exchanges Binance, Coinbase and Kraken last year, accusing the platforms of dealing assets that are illegal to trade without regulatory supervision. Crypto executives had refused to comply with financial rules that they said were a bad fit for digital currencies.Trump's return to the White House will mean a new era for crypto -- with fewer government hurdles. The president-elect, shedding previous skepticism of crypto, has pledged support for the digital-asset industry, whose leaders embraced his campaign. He also wants to curb the independence of agencies such as the SEC and the Federal Reserve.Gensler flipped the SEC's attention away from the hundreds of coin issuers to those exchanges and similar midd","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     A federal judge in San Francisco accepted the SEC's view of how to apply a legal test for determining which investments are securities. \"Trump's Return Heralds Litigation Peace for Crypto -- WSJ\" at 5:30 a.m. ET on Dec. 1, incorrectly said the judge was in Seattle. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 02, 2024 11:20 ET (16:20 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Under Trump, the U.S. War Against Crypto Is Over</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUnder Trump, the U.S. War Against Crypto Is Over\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-12-02 17:58</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     A federal judge in San Francisco accepted the SEC's view of how to apply a legal test for determining which investments are securities. \"Trump's Return Heralds Litigation Peace for Crypto -- WSJ\" at 5:30 a.m. ET on Dec. 1, incorrectly said the judge was in Seattle. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 02, 2024 11:20 ET (16:20 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSTR":"MicroStrategy","COIN":"Coinbase Global, Inc."},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2488652563","content_text":"A federal judge in San Francisco accepted the SEC's view of how to apply a legal test for determining which investments are securities. \"Trump's Return Heralds Litigation Peace for Crypto -- WSJ\" at 5:30 a.m. ET on Dec. 1, incorrectly said the judge was in Seattle. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  December 02, 2024 11:20 ET (16:20 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":9,"commentSize":2,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; 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