Bitcoin SV

<p><img src="https://media.licdn.com/dms/image/C4D0BAQGBc3KzyqgZpQ/company-logo_100_100/0/1630682957789/bsvblockchain_logo?e&#61;1710374400&amp;v&#61;beta&amp;t&#61;wvymVL1NMQPrQEscnDnzu-Bfo6KF6Qe0Jp4HaUXOJCk" /></p><h2 id="header-0"><a href="https://www.linkedin.com/company/bsvblockchain/" rel="noopener noreferrer nofollow">BSV Blockchain</a></h2><p>December 13, 2023</p><p>Representative Patrick McHenry has outlined his legislative agenda for 2024, emphasizing a focus on crypto legislation. This includes plans to revamp the digital asset powers of regulatory bodies like the SEC and CFTC, while also proposing a legal pathway for stablecoins. Simultaneously, the SEC is asserting that Binance&#39;s recent $4.3 billion settlement strengthens its case against the exchange. Despite Binance&#39;s request for dismissal, the SEC is resistant, insisting that the legal action should proceed.</p><p>The BSV Blockchain Gazette is presented by Bryan Daugherty, Public Affairs Director of Americas for BSV Blockchain, featuring:</p><ul><li><a href="https://www.linkedin.com/company/house-financial-services-democrats/about/" rel="noopener noreferrer nofollow">House Financial Services Committee</a> Chair Patrick McHenry</li><li>The <a href="https://www.linkedin.com/company/secgov/" rel="noopener noreferrer nofollow">SEC</a></li><li><a href="https://www.linkedin.com/company/binance/" rel="noopener noreferrer nofollow">Binance</a></li><li>Chief US District Judge Robert Shelby</li><li><a href="https://www.linkedin.com/company/thedebtbox/about/" rel="noopener noreferrer nofollow">Debt Box</a></li><li><a href="https://www.linkedin.com/company/vaneck/" rel="noopener noreferrer nofollow">VanEck</a></li><li>Sen. <a href="https://www.linkedin.com/in/senatorelizabethwarren/" rel="noopener noreferrer nofollow">Elizabeth Warren</a></li><li><a href="https://www.linkedin.com/company/kucoin/" rel="noopener noreferrer nofollow">Kucoin</a></li><li>Republican presidential candidates <a href="https://www.linkedin.com/in/vivekgramaswamy/" rel="noopener noreferrer nofollow">Vivek Ramaswamy</a> and <a href="https://www.linkedin.com/company/office-of-arkansas-governor-asa-hutchinson/" rel="noopener noreferrer nofollow">Asa Hutchinson</a></li><li>Democratic presidential candidate Rep. Dean Phillips</li><li>Stand With Crypto Alliance</li></ul><h3 id="house-financial-services-chair-patrick-mchenry-prioritizes-crypto-legislation-in-2024-agenda">House Financial Services Chair Patrick McHenry Prioritizes Crypto Legislation in 2024 Agenda</h3><p>In an interview with Politico, House Financial Services Chair Patrick McHenry (R-NC) outlined his legislative agenda for 2024. He highlighted crypto legislation as his top priority, including bills to revamp the digital asset powers of the SEC and CFTC, as well as a new legal pathway for stablecoins. McHenry also called the Treasury Department’s recommendations to bolster crypto anti-money laundering rules “problematic,” but said he was open to conversations in Congress on the issue.</p><h3 id="sec-cites-binance-39-s-4-3-billion-settlement-to-strengthen-case">SEC Cites Binance&#39;s $4.3 Billion Settlement to Strengthen Case</h3><p>The SEC is arguing that Binance’s recent $4.3 billion settlement with the Justice Department and other US authorities bolsters its own case against the exchange, and that the case should advance despite the settlement and Binance’s request that the lawsuit be dismissed.</p><h3 id="us-district-judge-sets-deadline-for-sec-response-in-debt-box-case">US District Judge Sets Deadline for SEC Response in Debt Box Case</h3><p>Chief US District Judge Robert Shelby gave the SEC until December 21 to respond to an order to show cause as to why the agency should not be sanctioned for allegedly misrepresenting key facts to obtain emergency measures against Debt Box.</p><h3 id="vaneck-submits-fifth-amended-btc-etf-application-to-sec">VanEck Submits Fifth Amended BTC ETF Application to SEC</h3><p>VanEck filed a fifth amended spot BTC ETF application with the SEC.</p><h3 id="sen-elizabeth-warren-touts-bipartisan-support-for-digital-asset-anti-money-laundering-act">Sen. Elizabeth Warren Touts Bipartisan Support for Digital Asset Anti-Money Laundering Act</h3><p>Sen. Elizabeth Warren (D-MA) published a press release on her Digital Asset Anti-Money Laundering Act, highlighting new Senate cosponsors and reasons why the legislation is needed.</p><h3 id="new-york-attorney-general-secures-22-million-settlement-with-crypto-exchange-kucoin">New York Attorney General Secures $22 Million Settlement with Crypto Exchange KuCoin</h3><p>New York Attorney General Letitia James announced a $22 million settlement between New York State and crypto exchange KuCoin over operating an unregistered exchange.</p><h3 id="presidential-candidates-unite-at-bipartisan-crypto-forum-organized-by-stand-with-crypto-alliance">Presidential Candidates Unite at Bipartisan Crypto Forum Organized by Stand with Crypto Alliance</h3><p>Republican presidential candidates Vivek Ramaswamy and Asa Hutchinson, and Democratic presidential candidate Rep. Dean Phillips (D-MN), spoke at the first bipartisan crypto presidential candidate forum, organized by the Stand with Crypto Alliance.</p>

House Financial Services Chair Drives 2024 Crypto Legislation Amid SEC's Battle with Binance

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