Ammar Kubba

Jesse Pollak says regulatory clarity could help builders spend more time and money building rather than spending more time and money on lawyers.

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🚨 Breaking News in Crypto Regulation! 🚨 I had an enlightening conversation with Laura Sanders from the Blockchain Association about recent pivotal developments in the crypto regulatory landscape. Here's what we delved into: ⚖️ SEC's Dealer Rule Overturned: A federal court has invalidated the SEC's reinterpretation of the term "dealer," siding with crypto advocacy groups who argued that the SEC mischaracterized the business of dealing. 📝 Gary Gensler's Resignation: SEC Chair Gary Gensler has announced his resignation, effective January 20, 2025, coinciding with President-elect Donald Trump's inauguration. 🗳️ Future of Crypto Regulations: With the incoming Trump administration, there's anticipation of a more crypto-friendly regulatory environment, potentially leading to clearer guidelines and reduced enforcement actions against crypto entities. Don't miss this comprehensive discussion on the evolving dynamics of crypto regulation and what the future holds for the industry! 🚀 📺 https://lnkd.in/eiUFYE6z

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Leading U.S. crypto exchange Coinbase announced it will now allow users to buy cryptocurrency through third-party apps using Apple Pay. https://lnkd.in/gcqUpAk9

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Self-custody IS HARD—could ecash make privacy easier while still respecting #Bitcoin’s decentralized future? In this read by Gandlaf21, we explore the complex relationship between ecash, user-friendliness, and self-sovereignty. 👇🏻 https://lnkd.in/eKqAy6qq

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🚨 Major Crypto Regulation Update! 🚨 I had an insightful discussion with Cody Carbone from The Digital Chamber about the latest developments in crypto regulations. Here's what we covered: 🏦 Stablecoins Discussions: The Digital Chamber's recent meetings with the Federal Reserve and other entities to discuss the future of stablecoins. 🔄 Gary Gensler's Potential Resignation: Speculation around SEC Chair Gary Gensler possibly stepping down this week. ⚖️ SEC Lawsuit: 18 states have filed a lawsuit against the SEC, alleging regulatory overreach in the crypto industry. 🗳️ Election Impact: How a pro-crypto Congress and President could influence the regulatory landscape. 📜 Lame-Duck Session Legislation: The possibility of passing crypto legislation during the current congressional session. 💰 Bitcoin Strategic Reserve Bill: An overview of the proposed bill and its potential implications for the crypto market. Don't miss this comprehensive update on the evolving world of crypto regulations! 🚀 📺 https://lnkd.in/e9y7kczp

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#Bitcoin daily volatility spiking sharply with the Mt.Gox news. We've seen sellers take advantage of the vol. spikes and hammering it down every-time in the recent past but given the -ve outflows for 2nd straight week and expected selling in the wake of Mt.Gox redemptions, volatility might stay elevated for a while. https://lnkd.in/gUsNcF99

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Nike is blogging about how their digital collectibles won't require a wallet, cryptocurrency, or blockchain. They quietly closed RTFKT and are now putting out .Swoosh content without any cumbersome blockchain crap. So let's pour one out and continue to piss on the grave of the dead 'web3' movement that got EVERYTHING wrong about digital collection. Don't worry most of the 'web3' folks have rebranded to 'Gen' AI and now love the Cloud. And Games continue to lead with digital inventory because we have functional uses for it... IN GAME. ---- Jan 12, 2024: "An Update on the Future of .SWOOSH" "In 2023, we’ve learned so much about virtual products, co-creation, and self-expression. We hosted community learning workshops in over 10 cities, launched a signature collection, debuted “Airphoria”, our first game world in Fortnite, and invited fans to unlock physical sneakers tied to virtual products." "We also confirmed that a virtual product’s value should be based on the enjoyment it gives you when using it to express yourself or unlocking access to physical product. It’s more about the joy of collecting — of being a true fan — not just a transaction. In the next year, you’ll see this come to life as we launch more variations of virtual products that expand your love of self-expression. We’ll go way deeper into video gaming with the launch of a new line of virtual products — Nike In-Game Wearables. In-Game Wearables are different than our digital collectibles because you can purchase and wear these collections directly in your favorite video games. You’ll also be able to unlock exclusive physical apparel and footwear in the real world based on the in-game wearables you purchased. You won’t need a wallet to store any of these new products — you’ll just link your game accounts to Nike. More on that later." (keep reading) Nike .Swoosh Blog: https://lnkd.in/gFDMUvuw ----  APR 15, 2024 (Richard Lawler): The Verge: "Nike’s 404 Error Air Force 1 arrives on April 23rd.Despite being a .Swoosh-exclusive this BSOD-themed shoe doesn’t have any NFT links or crypto wallet requirements (although you will need to register an account by April 18th). Nike’s web3 plans for .Swoosh seem mostly dead, with a January blog post saying digital gaming item tie-ins will skip the blockchain and instead just link to Nike accounts." TheVerge: https://lnkd.in/geJvzNTR ---- Nike .Swoosh and the 404 error shoes that no longer use anything 'web3'. https://www.swoosh.nike/ ---- Back in 2022 Nike wanted .Swoosh to mean something schmetaverse. That lasted for a year: Nov 14, 2022: The Verge: "Nike is still trying to make NFTs happen with .Swoosh/ The company’s launching .Swoosh, a Web3 platform that will eventually let users buy, sell, and trade virtual shoes and apparel." The Verge: https://lnkd.in/gGfA4Fsx ---- Mar 18, 2024: "Nike to shut down RTFKT this year following acquisition in 2021" Twitter: https://lnkd.in/gUGPstXB #schmetaverse #web3 #webisajoke

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