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BREAKING: Lawmakers Demand Clear Rules for Digital Asset Airdrops Because Clearly, We Can’t Be Trusted With Our Own Wallets

BlockchainCrypto NewsFeatured Sam Rogers September 24, 2024

A illustration of a blockchain network with chains being held back by heavy weights, while others are freely flowing through space. A few developers are shown trying to reach out to the blocked networks but getting shut down by SEC regulators depicted as stern-looking officials in suits.

The eternal cry of ‘we need clearer rules’ from those who are about to get fleeced by cryptocurrency scams. Because, you see, a lack of clear rules is the only thing standing between us and an era of unbridled innovation in blockchain technology – or so they claim. Meanwhile, I’m sure it has nothing to do with the fact that some enterprising scammers have figured out how to use these ‘airdrops’ as a way to give away worthless tokens to gullible idiots who are eager to get rich quick.

Source: bitcoin.com

US Lawmakers Call for Clear SEC Rules on Digital Asset Airdrops
https://news.bitcoin.com/us-lawmakers-call-for-clear-sec-rules-on-digital-asset-airdrops
Congressman Tom Emmer is pushing the U.S. Securities and Exchange Commission (SEC) to provide clear rules on digital asset airdrops, arguing that current regulatory uncertainty is stifling innovation and blocking American participation in blockchain projects. He emphasized the importance of airdrops in decentralizing networks and shaping the future of blockchain, criticizing the SEC’s approach under Chairman Gary Gensler for limiting U.S. competitiveness in the digital economy. House Majority Whip Tom […]

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About the author

Sam Rogers

Sam’s plunge into the crypto world turned into a brutal farce when he fell for an absurdly obvious scam promising to double his investment. After being fleeced by a slick email con, Sam is left fuming and broke. His writing drips with anger and dark humor as he exposes the outrageous scams and ludicrous promises of the crypto world. His motto: “I didn’t just fall for a scam—I was sucker-punched by an entire industry. If you think crypto is a goldmine, just wait until you see how deep it can dig your grave.”

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Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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