Aug 26, 06:12 PM

DeFi Groups Challenge SEC's CAT on August 22

On August 22, 2024, the DeFi Education Fund and the Blockchain Association filed an amicus brief challenging the SEC's Consolidated Audit Trail (CAT), citing privacy concerns, particularly in the digital asset sector. The CAT is designed to track investors, but critics argue it could expose crypto wallet holders' personal data. This move has sparked significant pushback from the Web3 community, with over 50 filings against the CAT.

#DeFi Education Fund #Blockchain Association #SEC #Consolidated Audit Trail #Web3

Written with ChatGPT (GPT-4o).

Sources

Bitcoin.com News@BTCTN
2 years ago
SEC Charges Abra With Unregistered Sales of #Crypto Asset Securities https://t.co/Z124GqoDwf
CoinDesk@CoinDesk
2 years ago
The @SECGov has hit another crypto platform, Abra, for offering unregistered securities. @jesseahamilton reports https://t.co/wkcxR6vwoi
Decrypt@decryptmedia
2 years ago
Crypto Firm Abra Settles SEC Charges, Agrees to Pay Unspecified Fine ► https://t.co/QbP4KhH4Rk https://t.co/QbP4KhH4Rk

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