@INPrimetime We were not able to make the 5th grade tryouts due to a tournament game for our summer league. Will there be a makeup tryout?
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Kory O'Neal
53 posts
Thanks to everyone who came out and gave it their all at tryouts!
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Kory O'Neal retweetledi
Today, I introduced the Securities Clarity Act with @RepDarrenSoto. This bill clarifies the regulatory classification of digital assets and provides market certainty for innovators and clear jurisdictional boundaries for regulators.
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Kory O'Neal retweetledi
What is ignored by the media -- but will be studied by historians?
8 more examples:
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Kory O'Neal retweetledi
People in crypto can be so short-sighted👀
IMX & Polygon joined forces; $IMX dropped from $1.48 -> $1.26. "The price is crashing!" 📉
But also 10 days ago it was trading at $0.78! 🚀
So is it "down bad" or "way up" or do yall have too short of a time horizon🤔
Ask me in 5 yrs
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Kory O'Neal retweetledi
JUST IN: 🇺🇸 Texas Senator Ted Cruz introduces bill to ban the FED from adopting a central bank digital currency (CBDC).
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Kory O'Neal retweetledi
1/ Today, @BlockchainAssn sent FOIA requests to the Fed, FDIC, and OCC, demanding information about the unlawful debanking of crypto companies.
We are also collecting evidence of debanking. Share your story with us:
debanked@theblockchainassociation.org
Here's the situation 🧵
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Kory O'Neal retweetledi
Kory O'Neal retweetledi
While Bankman-Fried is in custody, John Ray assisted our Committee’s investigation into SBF’s con.
Ray committed to providing my office with correspondence between FTX and the SEC as well as details into the nature and scale of FTX’s investment into IEX.
Tom Emmer@GOPMajorityWhip
So @GaryGensler knows that FTX was fraudulent from its inception. This is egregious considering he had more meetings with Bankman-Fried than anyone in the space to discuss a crypto regulatory framework designed to benefit FTX alone. He will be held accountable.
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Kory O'Neal retweetledi
@indianafanatic @ruoffmusicenter Have you had one before? How often would you say they actually checked?
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@kloneal @ruoffmusicenter Part of the purchase process is the buyer acknowledging that it is for their use only, and that their name will be printed on the ticket/lanyard. Whether the gate attendant checks your ID upon entry is another matter.
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Lawn Pass is BACK for 2022! One Pass that gets you into CONCERTS ALL SUMMER for $199 + fees! On sale TOMORROW! Details: livemu.sc/3hvS6g4
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Kory O'Neal retweetledi
BREAKING: The Russian government and central bank have just reached an agreement on cryptocurrencies, according to Russia's Kommersant.
Both organizations will treat bitcoin and crypto assets as currencies.
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Kory O'Neal retweetledi
Lost in the mess of today's news cycle was another positive & constructive House Financial Services Committee hearing on stablecoins.
The big question is if all stablecoin issuers have to become insured depository institutions (read: banks).
The Committee mostly said "no." 👍
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Kory O'Neal retweetledi
I shouldn't be taxed when I create new tokens through staking. The law on newly created property is clear, but the IRS hasn’t been… and that’s why I sued. Here is my statement on my case.
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Kory O'Neal retweetledi
Josh sued the IRS for clarity on taxation of new tokens created through staking. The IRS tried to pay him off to drop the suit. He turned down the money to continue the case & seek binding precedent for us all. 👑
Huge thanks to Josh & his legal team for fighting the good fight!
𝕁𝕠𝕤𝕙 𝕁𝕒𝕣𝕣𝕖𝕥𝕥@nohardforks
But I refused the offer, because I know that until my case receives an official ruling, I have no certainty they won’t try to tax me again.
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Kory O'Neal retweetledi
Facial recognition for taxpayers. Giving Treasury Secretary power to ban #BTC + digital assets. Intrusive reporting requirements for banking. Absolute LUNACY. Each stands in opposition to 1st principles. I will FIGHT every one of these intrusions into American life and commerce.
Senator Cynthia Lummis@SenLummis
3/ It doesn’t say it explicitly, but this is a direct attack on the digital asset industry. The Treasury Department already has broad authority in this area, but it has a strict time limit and a public notice requirement.
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Kory O'Neal retweetledi
1/ I wanted to share a few thoughts about House Democrats’ version of the America Competes Act (pg. 1485 below), which is raising alarms across the financial industry.
rules.house.gov/sites/democrat…
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Kory O'Neal retweetledi
.@cmsholdings' Dan M, @rsalame7926 + @pythianism have joined forces to launch a new crypto political action committee to make multi-cycle donations in races across the house + senate
GMI PAC plans to spend $20 million in the 2022 midterms
theblockcrypto.com/linked/132171/…
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Kory O'Neal retweetledi
A new provision in the COMPETES Act would allow the Treasury Department to unilaterally prohibit certain financial transactions *without* public input.
I've submitted an amendment to fix this massive mistake. #crypto #blockchain budd.house.gov/news/documents…
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Kory O'Neal retweetledi
🚨 We've uncovered the US government's strategy to tame crypto.
The banking agencies—OCC, FDIC and the Fed—are colluding to give the stablecoin industry to the banks
Full exposé here:
decrypt.co/91301/federal-…
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