Episode 491
📍 The US Securities and Exchange Commission (SEC) has dropped its appeal in a case over the definition of a "dealer" in the crypto sector, signaling a shift towards a more friendly stance on digital assets.
📍 A woman from Singapore has been sentenced to nearly 10 years in jail for defrauding Bybit out of over $4 million in crypto, which she spent on luxury items such as Louis Vuitton handbags and a Mercedes-Benz.
📍 The Trump administration's stance on crypto has fueled greater acceptance and momentum, with the SEC's new leadership prioritizing "responsible growth" and regulatory clarity, and the industry is optimistic about the future of digital assets in the US.
📍 Despite analysts pronouncing NFTs dead, the NFT Paris conference drew an estimated 20,000 attendees, with speakers offering ideas to revive the market and enthusiasts celebrating the art and community aspect of NFTs.
