The two entities requested that the financial regulator provide a "safe harbor" for certain applications under the SEC's broker-dealer registration requirements. Andreessen Horowitz (a16z) and the advocacy organization DeFi Education Fund have asked the US Securities and Exchange Commission (SEC) to set up a safe harbor program for non-fungible token (NFT) and decentralized finance (DeFi) applications from the agency’s broker-dealer registration requirements. In a Wednesday letter to SEC Commissioner and Crypto Task Force head Hester Peirce, a16z and the DeFi group said they were following up on US President Donald Trump’s Working Group on Digital Assets call to “provide relief for certain DeFi service providers from the broker-dealer [...], exchange [...], and clearing agency [...] registration provisions of the Exchange Act.” In July, SEC Chair Paul Atkins also said he had directed the agency’s staff to “update antiquated agency rules and regulations” concerning certain crypto and blockchain applications. ...
U.S. President Donald Trump said on Wednesday that if his meeting with Russian President Vladimir Putin goes well, he would like to have a quick second meeting with Putin, Ukrainian President Volodymyr Zelenskiy, and himself. “If the first one goes okay, we’ll have a quick second one,” Trump told reporters. “I would like to do it almost immediately, and […]
Bitcoin growth models project $200,000 by 2025 and up to $1.5 million by 2035, outpacing gold and the Nasdaq in long-term returns. Key takeaways: Bitcoin’s long-term CAGR of 42.5% outpaces the Nasdaq and gold, but is projected to drop to 30% by 2030. The power-law and quantile models keep BTC’s Q4 2025 target between $150,000–$200,000, with $1.2million to $1.5 million possible by 2035. Read more