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      White House Reportedly Plans Crypto and Prediction Markets Gathering, SEC Postpones Regulation Crypto Vote, SEC Staff Issues No-Action Letter on Tokenized Fund Custody, and CFTC Invokes Emergency Authority

      The White House is reportedly planning a gathering of crypto and prediction market executives for Aug. 19, one day before the CFTC’s new Innovation Advisory Committee holds its first meeting. The SEC reportedly canceled a vote scheduled for Aug. 14 on whether to propose Regulation Crypto, new rules that would create a tailored offering regime for certain investment contracts involving crypto assets....
      By: Paul Hastings LLP

      Source: JD Supra
      .

      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud