Bitcoin SV

<p><img src="https://media.licdn.com/dms/image/C4D0BAQGBc3KzyqgZpQ/company-logo_100_100/0/1630682957789/bsvblockchain_logo?e&#61;1721260800&amp;v&#61;beta&amp;t&#61;u7pPB8MtUNqgsCbpzahc6VP6O-q4glysPGrwE3BGlxo" /></p><h2 id="header-0"><a href="https://www.linkedin.com/company/bsvblockchain/" rel="noopener noreferrer nofollow">BSV Blockchain</a></h2><p>Rep. Frank Lucas (R-OK), joined by other representatives, announces his candidacy for House Financial Services Committee Chair, while federal prosecutors, citing the risk of flight, oppose bail for Mark Scott, who was convicted in the OneCoin crypto scam.</p><p>The BSV Blockchain Gazette is presented by Bryan Daugherty, Public Affairs Director of Americas for BSV Blockchain, featuring:</p><ul><li>House Financial Services Chair Patrick McHenry (R-NC)</li><li>Reps. Frank Lucas (R-OK), <a href="https://www.linkedin.com/in/andy-barr-7b6a534/" rel="noopener noreferrer nofollow">Andy Barr</a> (R-KY), <a href="https://www.linkedin.com/in/french-hill-25b693194/" rel="noopener noreferrer nofollow">French Hill</a> (R-AR), and Bill Huizenga (R-MI)</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/krakenfx/" rel="noopener noreferrer nofollow">Kraken</a> Exchange</li><li>Mark Scott (convicted of laundering money in <a href="https://www.linkedin.com/company/onecoincore/" rel="noopener noreferrer nofollow">OneCoin</a> crypto scam)</li><li><a href="https://www.linkedin.com/company/uniswaporg/" rel="noopener noreferrer nofollow">Uniswap Labs</a></li></ul><h3 id="house-financial-services-chair-outlines-digital-asset-legislation-hopes-at-bitcoin-policy-summit">House Financial Services Chair outlines digital asset legislation hopes at Bitcoin Policy Summit</h3><p>House Financial Services Chair Patrick McHenry (R-NC) outlined his hopes for digital asset legislation in remarks at the Bitcoin Policy Summit. He expressed hope that the FIT for the 21st Century Act and the Clarity for Payment Stablecoins Act will move this year ahead of his retirement.</p><h3 id="rep-frank-lucas-to-run-for-house-financial-services-committee-chair">Rep. Frank Lucas to run for House Financial Services Committee Chair</h3><p>Rep. Frank Lucas (R-OK) announced that he will run to succeed Rep. Patrick McHenry (R-NC) as Chair of the House Financial Services Committee. Reps. Andy Barr (R-KY), French Hill (R-AR), and Bill Huizenga (R-MI) are also running.</p><h3 id="sec-responds-to-kraken-39-s-motion-in-crypto-case">SEC responds to Kraken&#39;s motion in crypto case</h3><p>The SEC filed a response to Kraken’s motion to dismiss the agency’s case against it, arguing that the crypto exchange is seeking to “subvert” the test that lays out the characteristics of an investment contract.</p><h3 id="prosecutors-urge-against-bail-for-onecoin-scam-convict-mark-scott">Prosecutors urge against bail for OneCoin scam convict Mark Scott</h3><p>Federal prosecutors told US District Judge Edgardo Ramos that Mark Scott, a former attorney who was convicted of laundering proceeds from the OneCoin crypto scam, has every incentive to flee the country and should not be allowed to stay out on bail while his appeal is pending.</p><h3 id="uniswap-faces-potential-legal-action-from-sec-for-unregistered-operations">Uniswap Faces Potential Legal Action from SEC for Unregistered Operations</h3><p>Uniswap Labs said in a blog post that the SEC has notified the firm that the agency’s Division of Enforcement plans to recommend a legal action against the company for operating as an unregistered exchange and broker dealer.</p>

House Financial Services Committee race heats up as Lucas steps In

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