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@SaiDotFun

A multi-asset trading platform with CEX grade execution and a user first focus. Built to refine your edge and help you trade better. Live now!

Katılım Eylül 2024
40 Takip Edilen3K Takipçiler
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Dave Kaplan
Dave Kaplan@CryptoLawDave·
What a remarkable day in crypto. The press release is below but the actual interpretation and guidance from the SEC is 68 pages long and can be found here: sec.gov/files/rules/in… This clarifies how the SEC will treat crypto assets under current securities laws. It is not effective until published in the federal register. Most importantly, once effective, it will only remain effective until a future administration chooses to revise it. This is a major positive but demonstrates exactly why the CLARITY Act must be enacted. Highlights: - Does not replace Howey test, but rather details how it will be interpreted; -Names (i) digital commodities; (ii) digital collectibles; (iii) digital tools; (iv) stablecoins; and (v) digital securities as types of crypto assets. -Actually lists several crypto assets as commodities and not securities, including APT, AVAX, BTC, ADA, DOGE, ETH, LTC, DOT, SHIB, SOL, XLM, XTZ, XRP -hallmarks of being a commodity include having a "functional" system -meme coins are digital collectibles, which are also not securities -tokenized securities are securities - assets sold as part of an investment contract may not remain securities forever -failure to fulfill promises made can still be fraud -even if an asset becomes a non security, that does not wash away previous securities law violations -mining (including mining pools) and staking, do not involve the offer for sale of a security -for airdrops, it all depends on the expections of the recipients (based on announcements of the issuer) when the performed the activity that gained them access to the airdrop
Eleanor Terrett@EleanorTerrett

🚨JUST IN: The @SECGov and @CFTC have issued joint, Commission-level interpretive guidance outlining how federal securities laws apply to certain crypto assets and transactions. This follows a submission to OIRA earlier this month signaling the agencies’ intent, and was approved by all three SEC commissioners (Atkins, Peirce, Uyeda) as well as @ChairmanSelig. The guidance establishes a token taxonomy and addresses how activities like staking, mining, airdrops, and wrapping are treated under existing law. Notably, SEC Chair @SECPaulSAtkins says it reflects that most crypto assets are not themselves securities and that investment contracts can come to an end. While interpretive guidance doesn’t change the law, it reflects how regulators intend to apply it, giving the market a clearer directional signal. Separately, this is distinct from the SEC’s still-pending rulemaking on crypto asset offerings.

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Sai@SaiDotFun·
Stop trading against your own personality. We put @_crypt0queen through a trading personality quiz to reveal her true style based on how she handles losses, vacations, and even her dream job.
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Sai@SaiDotFun·
The community has been asking when are stocks, ETFs, and commodities coming to Sai? Here's the update straight from @UniqueDivine
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Sai@SaiDotFun·
Short a Rolex. Go long on Pokémon cards. Trade real estate without owning a single property. RWA perps are live on @codedestate, powered by Sai. Tune in to the X Spaces. twitter.com/i/spaces/1pJkO…
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Sai@SaiDotFun·
Think you know your trading style? Watch @MysteryMeat take a personality quiz to find out if they're a day trader, a position trader, or something else entirely.
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Sai@SaiDotFun·
Start trading using the link below. app.sai.fun
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Sai@SaiDotFun·
Your inbox is usually filled with spam of last chance offers that don't matter. This isn't one of them. The clock is officially under the 24-hour mark for the Sai Trading Competition. The window to claim your share of the $25,000 prize pool is closing fast. Whether you are one well-executed trade away from sniping a remaining spot or you’ve been sidelined watching the action from a distance, this is your final notice. Phase 2 is nearly over, but this isn't just about the current leaderboard, it’s about positioning yourself for what’s coming next: RWAs, equities, and real estate perps trading. Finish the hunt. Secure your standing. The clock hits zero tomorrow. Maximize your earning potential before the deadline.
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Sai@SaiDotFun·
You can now go long or short on luxury watches on @codedestate. Rolex. Patek Philippe. Audemars Piguet. Omega. Cartier. Breitling. Tudor. Seven individual perpetual futures markets. Up to 100x leverage. Settled in USDC.
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Sai@SaiDotFun·
48 hours remaining in Let’s Go Saicho trading competition. No excuses.
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Sai@SaiDotFun·
@InspiredByWill_ As long as it’s a new epoch which can take about 3 days.
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Sai@SaiDotFun·
Your USDC could be earning trading fees right now. Passively. SLPs let you deposit into Sai's liquidity vaults and collect a slice of every trade that happens on the platform. Here's everything you need to know before you deposit.
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Sai@SaiDotFun·
Today may be the day your extra luck turns into a pot of gold.
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