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CryptoLaw
U.S. Legal and Regulatory News for Digital Asset Holders. Founded by John Deaton. (Temporarily limiting replies on some posts to fight scam bots.)
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REGARDING LINQTO:
I need to correct 2 previous posts regarding the number of @linqtoinc customers who’ve signed up to the Google form below 👇
Previously, I mistakenly stated 10,000 customers had signed up. The accurate number is approximately 1,900.
Considering there are about 13K Linqto customers, I was shocked 10K had signed up, in just 2 days, from a single post.
I should’ve waited before posting (my bad), because afterwards, it seemed too high of a number so I had my staff painstakingly go through and triple check for an accurate #
There have been over 31K entries because of bots 🤖 🤖, double entries, and, of course, trolls. Also, some people only included a first name and/or left out identifiable info that I can’t consider.
1,900 is still a very significant number, especially after just a couple posts. I will do whatever I can to help protect people’s assets.
56,1K
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REGARDING LINQTO:
Less than 14 hours after posting this form, 4,902 Linqto customers/investors have expressed their desire for me to see this through. Again, I will not seek to be paid for my time or my efforts.
A lawyer motivated by justice and not 💰 is bad news for the bad guys.
77,58K
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🚨NEW: On a press call before the House breaks for August recess, I asked @GOPMajorityWhip how he plans to win over enough Senate Democrats to support his Blockchain Regulatory Certainty Act, especially given that Senator @MarkWarner, a key moderate on @BankingGOP, has been laser-focused on illicit finance.
The bill, included in Banking’s market structure discussion draft and in the House’s CLARITY Act, aims to clarify that blockchain developers and infrastructure providers (like miners, validators, and node operators) aren’t money transmitters as long as they don’t custody funds.
Emmer says Warner “should love the BRCA” — calling it a non-partisan issue:
“This isn’t about Republicans or Democrats…it’s about protecting Americans and making sure innovators have clear rules.”
Emmer also said he trusts the Senate to take up the CLARITY Act and pass it — and if they make adjustments or improvements to it along the way, “that’s great.”
55,43K
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I’m surprised @UpholdInc hasn’t been acquired. Uphold’s valued at about $1.5-$2B. I’m surprised @coinbase ($100B) @RobinhoodApp ($90B) @Ripple ($30B) or @krakenfx ($10B) haven’t yet made a play. I think a TradFi Company like @CharlesSchwab ($173B) would be smart to pull the trigger.
86,77K
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#Crypto IMO, @SenWarren @AOC @BernieSanders @SenSchumer and the Dems made a fatal and generally hypocritical error in deciding to deride the crypto industry and its supporters and siding with entrenched and monopolistic big banks. Now, crypto has MONEY and power. Big failure
5,44K
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As Congress works on historic crypto legislation this week, the stakes couldn’t be higher: 55 million Americans own crypto—and three in four say we need smart, clear laws. These bills are designed to protect the everyday Americans who own and use digital assets.
@NatCryptoAssoc will continue to be a trusted resource, educating and demystifying crypto as the landscape evolves.
144,53K
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