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- #Digital Asset Market Clarity Act#
US House Republicans have introduced the Digital Asset Market Clarity Act to clarify crypto regulations. The bill gives the CFTC exclusive authority over digital commodity spot markets, and crypto platforms can register with either the CFTC or SEC. Will this reshape crypto regulation? What’s your take?
#Trump Tariff Update#
A US appeals court has reinstated Trump-era tariffs during the appeal, and further tariff hikes (up to 15% for 150 days) are being considered. Could these tariffs return? How might this affect the crypto market?
#Nvidia Tops Global Marke
Sam Thapaliya publicly clarifies the details of early collaboration with the Movement project.
Gate News bot message, Sam Thapaliya posted on social media detailing his early collaboration with the Movement project. It was revealed that before the official establishment of Movement, Sam Thapaliya met with Vanderbilt and Cooper in person and provided incubation funds for the Satay project, which is a yield aggregator developed based on Move.
Subsequently, after Rushi took on the role of technical leader, Sam Thapaliya shifted to be responsible for GTM (Go-To-Market) tasks. During the project's progress, Sam Thapaliya discovered issues with the usage data of the testnet, proposed to the team to re-examine the airdrop dataset, and advocated for a reward flattening scheme. However, Cooper chose to maintain a high allocation scheme for 75,000 specific wallets. These wallets later became the main recipients of the MOVE token airdrop and engaged in concentrated sell-offs after receiving the tokens.
Source: Wu Says
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