The SEC is once again under the sway of the Trump flame. Just as alarming is its partnership with crypto companies linked to such ties to the former president. Regulatory reset, or stepping into the abyss? Industry insiders widely supported it as a significant course correction after what they considered...
OpenSea's back, baby! They’ve reclaimed the NFT marketplace throne, beating Blur, Magic Eden, and OKX NFTs into a pulp. More than 40% of the entire NFT trading volume passes through their marketplace platform. In just the last month, a stunning 70% of wallets made at least one active transaction on...
The Security and Exchange Commission (SEC) has recently charged Jonathan Palafox, the founder of PGI Global. He is accused of operating a purportedly cryptocurrency and forex trading fraud that defrauded investors. Phase 1 of the scheme ran from January 2020 until October 2021. It purportedly used the money from newer...
The SEC’s Crypto Task Force is investigating cross-border regulation with a collaboration deal with El Salvador. El Salvador’s National Commission of Digital Assets (CNAD) has already established collaborations with a U.S.-based real estate broker and a Salvadoran tokenization firm. Together, they’re pioneering a groundbreaking new initiative. This innovative partnership aims...
The digital assets market is dynamic and innovative, and regulators must be willing to keep pace and think creatively. El Salvador just made this same proposal for a cross-border regulatory sandbox to the U.S. Securities and Exchange Commission (SEC). This approach to tokenization might just transform the entire industry. This...
Imagine this: a young artist in rural Cambodia, struggling to make ends meet, finally able to sell her intricate silk paintings directly to collectors in New York, bypassing gallery commissions and predatory middlemen. That’s the promise El Salvador’s crypto experiment has opened up. It’s not just about Bitcoin, but to...
Nigeria is bubbling with Web3 potential. Imagine a country where artists can bypass exploitative galleries, where small businesses can access global markets without crushing bank fees, and where individuals can own their digital identities and data. That’s the potential of Web3 in Nigeria—a potential powered by a youthful, bullish generation...
The SEC’s joint work with El Salvador on crypto “regulatory sandboxes” is frankly kind of fishy. Two pilot programs, totaling less than $10,000 combined, to educate the SEC’s new Crypto Task Force on digital assets? That’s less than what the average American pays for a used car of modest quality....
$811 million. Let that number sink in. That’s over 130 times the amount Nigerians lost in the CBEX “crypto” scam. This massive amount hangs the financial wellbeing of hundreds of thousands in the balance. Yet it would set Nigeria’s booming Web3 aspirations a staggering blow backwards. And it begs the...
DeliciousNFT.com is serving up some new takes on the burgeoning partnership between the U.S. Securities and Exchange Commission (SEC) and El Salvador’s National Commission for Digital Assets (CNAD). Trust us, you won’t want to miss this unboiled take! This is no ordinary crypto news, it may very well be a...
