Bitcoin SV

<p><img src="https://media.licdn.com/dms/image/C4D0BAQGBc3KzyqgZpQ/company-logo_100_100/0/1630682957789/bsvblockchain_logo?e&#61;1715212800&amp;v&#61;beta&amp;t&#61;mggQhFIPzBx6mgiuC2vWJTd-_FiIqSAgBHuEtocGOJw" /></p><h2 id="header-0"><a href="https://www.linkedin.com/company/bsvblockchain/" rel="noopener noreferrer nofollow">BSV Blockchain</a></h2><p>House Republicans, under the leadership of Rep. Young Kim, propose the REG Act to enhance oversight of the SEC&#39;s regulatory and rulemaking processes. Simultaneously, the CFTC files a lawsuit against Debiex, a crypto exchange, accusing it of employing a &#34;Pig Butchering&#34; scheme to convince customers to convert significant amounts of cash into cryptocurrency. Amidst these developments, the SEC opts to delay its decision on Fidelity&#39;s Spot ETH ETF application until March 5.</p><p>The BSV Blockchain Gazette is presented by Bryan Daugherty, Global Policy Director for the BSV Blockchain Association, featuring:</p><ul><li>Rep. Young Kim (R-CA)</li><li><a href="https://www.linkedin.com/company/commodity-futures-trading-commission/" rel="noopener noreferrer nofollow">Commodity Futures Trading Commission</a></li><li>Crypto Exchange, Debiex</li><li><a href="https://www.linkedin.com/company/secgov/" rel="noopener noreferrer nofollow">U.S. Securities and Exchange Commission</a></li><li><a href="https://www.linkedin.com/company/fidelity-investments/" rel="noopener noreferrer nofollow">Fidelity</a></li><li><a href="https://www.linkedin.com/company/us-treasury/" rel="noopener noreferrer nofollow">U.S. Treasury</a> Assistant Secretary for Financial Institutions, <a href="https://www.linkedin.com/in/graham-steele-6588b1a7/" rel="noopener noreferrer nofollow">Graham Steele</a></li></ul><h3 id="us">US</h3><h3 id="house-republicans-led-by-rep-young-kim-introduce-reg-act-for-enhanced-oversight-of-sec">House Republicans, led by Rep. Young Kim, introduce REG Act for enhanced oversight of SEC</h3><p>Rep. Young Kim (R-CA) and five other Republicans on the House Financial Services Committee introduced the Review the Expansion of Government (REG) Act, which would bolster Congressional oversight of the SEC’s regulatory and rulemaking process.</p><h3 id="cftc-takes-legal-action-against-debiex-alleging-39-pig-butchering-39-scheme-in-crypto">CFTC takes legal action against Debiex, alleging &#39;Pig Butchering&#39; scheme in crypto</h3><p>The CFTC filed a lawsuit against crypto exchange Debiex, accusing the exchange of engaging in a “pig butchering” scheme to lure customers in and convince them to convert large sums of cash into crypto.</p><h3 id="sec-postpones-decision-on-fidelity-39-s-spot-eth-etf-application-to-march-5">SEC postpones decision on Fidelity&#39;s Spot ETH ETF application to March 5</h3><p>The SEC delayed making a decision on Fidelity’s spot ETH ETF application until March 5.</p><h3 id="treasury-official-urges-swift-congressional-action-on-crypto-legislation-to-avert-future-crises">Treasury official urges swift congressional action on crypto legislation to avert future crises</h3><p>In a speech at the George Washington University Law School, Treasury Assistant Secretary for Financial Institutions Graham Steele called on lawmakers to move quickly on crypto legislation in order to prevent future crises.</p>

Debiex accused of 'Pig Butchering' crypto scheme

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