In a lawsuit from 18 states, the US Securities and Exchange Commission is accused of trying to take regulatory control of crypto away from the states, prompting a push to halt SEC enforcement actions in favor of state-managed regulation. The controversial SEC chair Gary Gensler, along with other commissioners, is named in the suit, which challenges the SEC’s jurisdiction over crypto assets and invokes the major questions doctrine in arguing that Congressional approval is needed for SEC litigation against the industry.
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VPNs are booming in the UK after age restriction laws, but free options carry big risks
The UK’s Online Safety Act, effective July 25th, mandates websites to protect children from harmful content, prompting major sites like Pornhub and Reddit to implement age verification. This has led to a surge in VPN usage among UK residents to bypass restrictions, raising concerns about the safety and privacy risks associated with unvetted free VPNs, which often exploit user data. Want More Context? 🔎
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