# Crypto Mom: True decentralization is the only thing that will save DeFi projects

# Crypto Mom: True decentralization is the only thing that will save DeFi projects

“# Crypto Mom: True decentralization is the only thing that will save DeFi projects ” Hester Pierce of the U.S. Securities and Exchange Commission — colloquially known as ‘Crypto Mom,’ has warned of rampant “shadow-centralization” within the decentralized finance (DeFi) sector. Speaking to outspoken DeFiWatch founder Chris Blec in an August 4 discussion streamed by…

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# SEC has no authority over crypto, CFTC commissioner argues

# SEC has no authority over crypto, CFTC commissioner argues

“# SEC has no authority over crypto, CFTC commissioner argues ” Amid the United States Securities and Exchange Commission’s expanding the scope of oversight of the cryptocurrency industry, a commissioner with the Commodity Futures Trading Commission argued that crypto regulation doesn’t fall under the SEC’s jurisdiction. CFTC commissioner Brian Quintenz took to Twitter on Wednesday…

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# SEC chair wants robust crypto regulatory regime for the US

# SEC chair wants robust crypto regulatory regime for the US

“# SEC chair wants robust crypto regulatory regime for the US ” Gary Gensler, chairman of the United States Securities and Exchange Commission (SEC), is reportedly keen on bright-line regulations for the country’s crypto space. Gensler expressed the SEC’s desire to install safeguards for crypto investors in America in a Bloomberg interview, stating: “If somebody…

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#Nikola founder Trevor Milton charged with fraud, lying to investors

#Nikola founder Trevor Milton charged with fraud, lying to investors

“#Nikola founder Trevor Milton charged with fraud, lying to investors” Trevor Milton, the founder of electric-truck startup Nikola, was indicted Thursday on charges of securities fraud for lying to investors about “core aspects” of the business. The US Attorney’s Office in Manhattan accused Milton, who resigned as chairman of Nikola in September, with misleading investors,…

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