Bitcoin SV

<p><img src="https://media.licdn.com/dms/image/C4D0BAQGBc3KzyqgZpQ/company-logo_100_100/0/1630682957285?e&#61;1704326400&amp;v&#61;beta&amp;t&#61;2qZv6Lk2n9gJ4J5W_2fHqtZp8vkLcoOT3zMWwtxY7Oc" /></p><h2 id="header-0"><a href="https://www.linkedin.com/company/bsvblockchain/" rel="noopener noreferrer nofollow">BSV Blockchain</a></h2><p>9,200 followers</p><p>September 27, 2023</p><p>Rep. Byron Donalds criticized the Democrats for their excessive regulations, emphasizing the importance of clear rules and expressing apprehension about the obstacles these regulations create for small businesses. Simultaneously, the Federal Reserve Board published a working paper delving into the potential consequences of tokenization on financial stability and the crypto markets.</p><p>The BSV Blockchain Gazette is presented by Bryan Daugherty, Global Policy Director for the BSV Blockchain Association, featuring:</p><ul><li>Rep. Byron Donalds</li><li>The <a href="https://www.linkedin.com/company/federal-reserve-board/" rel="noopener noreferrer nofollow">Federal Reserve Board</a></li><li><a href="https://www.linkedin.com/company/secgov/" rel="noopener noreferrer nofollow">SEC</a></li><li>Celsius Network</li><li><a href="https://www.linkedin.com/company/coinbase/" rel="noopener noreferrer nofollow">Coinbase</a></li><li><a href="https://www.linkedin.com/company/bitwise-asset-management/" rel="noopener noreferrer nofollow">Bitwise</a></li></ul><h3 id="rep-byron-donalds-criticizes-democrats-39-crypto-regulation-stance-on-twitter">Rep. Byron Donalds Criticizes Democrats&#39; Crypto Regulation Stance on Twitter</h3><p>Rep. Byron Donalds (R-FL) tweeted about the need for clear rules of the road in regulating crypto and digital assets. He criticized Democrats for overregulating the industry and creating barriers to entry for small businesses.</p><h3 id="federal-reserve-board-explores-tokenization-39-s-impact-on-financial-stability">Federal Reserve Board Explores Tokenization&#39;s Impact on Financial Stability</h3><p>The Federal Reserve Board published a working paper on tokenization, examining potential benefits or risks to financial stability and crypto asset markets.</p><h3 id="federal-reserve-board-explores-tokenization-39-s-impact-on-financial-stability">Federal Reserve Board Explores Tokenization&#39;s Impact on Financial Stability</h3><p>The SEC said it has concerns with Celsius Network’s Chapter 11 plan, specifically the proposal to engage Coinbase as the distribution agent for international customers. However, the plan was reportedly approved by creditors, despite SEC concerns and opposition from the US Trustee and creditors over provisions giving them equity in a new company.</p><h3 id="sec-raises-concerns-over-celsius-network-39-s-chapter-11-plan-despite-creditor-approval">SEC Raises Concerns Over Celsius Network&#39;s Chapter 11 Plan Despite Creditor Approval</h3><p>Bitwise filed an amendment to its BTC spot ETF application to push back on the SEC’s rationale for rejecting the product.</p>

Byron Donalds Critiques Democrat's Crypto Policies as Federal Reserve Explores Tokenization

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