Blockchain
RIADAC Brings Vital Education on Blockchain and Digital Assets to More Than 1,000 Advisors at Inside ETFs and TDA Annual Conference
It was standing room at two events as more than 1,000 financial advisors discovered the impact blockchain will have on the global economy and the financial services industry, and how they can add digital assets to their clients’ portfolios. These special programs were presented by the RIA Digital Assets Council at Inside ETFs, the world’s leading conference on exchange-traded funds, and National LINC, TD Ameritrade’s annual conference for financial advisors.
Hosted by RIADAC founder Ric Edelman, one of the nation’s most prominent financial advisors, the track provided the latest tax and regulatory information and showed advisors how to incorporate digital assets into their practices. Advisors received a combined 10.5 Continuing Education Credits by attending the programs.
Expert speakers included:
- Matt Hougan, Global Head of Research for Bitwise Asset Management
- Craig Salm, Director, Legal at Grayscale Investments
- Brett Cotler, an attorney with Seward & Kissel who’s active with the Wall Street Blockchain Alliance
- Joel Telpner, an attorney with Sullivan & Worcester who works with the Global Blockchain Business Council and the Blockchain Research Institute
- Dave Abner, President of Dabner Capital Partners
- Jake Ryan, Chief Investment Officer of Tradecraft Capital
- Michael Sonnenshein, Managing Director of Grayscale Investments, and
- Paul Cappelli, Portfolio Manager at Galaxy Digital LP
- Mark Yusko, CEO/CIO, Morgan Creek Capital Management
- Dara Albright, Advisor, Eisner Amper
- Gabor Gurbacs, Director, Digital Asset Strategy, VanEck/MVIS
- Tim Rice, Co-Founder/CEO, Coin Metrics
- Michael Novogratz, Founder/CEO, Galaxy Digital
“Registered Investment Advisors manage $2 trillion for millions of American investors,” said Edelman, who was named three times as the nation’s #1 Independent Financial Advisor by Barron’s. “It’s vital that we learn how to adapt these new technologies into our practices, for the benefit of our clients.”
RIADAC is presenting additional educational events at many of the largest RIA conferences in the nation, including:
Feb 17-20 |
San Diego |
|
Oct 18-19 |
Dallas |
|
Nov 10-13 |
Boston |
Don Friedman, founder of the Digital Asset Strategy Summit who is partnering with RIADAC on the development of these programs, said, “These events offer an unprecedented opportunity for companies in the digital space to reach RIAs, who are the gatekeepers to trillions of investors’ assets.”
SOURCE RIADAC
Blockchain
Alpha Transform Holdings Releases March Report on ASC AI Index
Blockchain
Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins
In a recent communication directed to Treasury Secretary Janet Yellen, US Senator Elizabeth Warren has strongly advocated for the incorporation of robust Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) measures specifically tailored for stablecoins. Senator Warren’s correspondence underscores the critical importance of adopting the full array of AML tools outlined by the Treasury Department in a prior November 2023 communication to Congress.
Senator Warren has underscored the burgeoning threat posed by cryptocurrencies, particularly stablecoins, to national security. She has specifically drawn attention to instances where entities like Iran and Hamas have turned to cryptocurrencies as a means to raise funds and support terrorist activities. To effectively address this evolving threat landscape, Senator Warren asserts that any forthcoming crypto legislation must encompass comprehensive AML/CFT authorities as requested by the Treasury Department.
Moreover, Senator Warren has made reference to the testimony provided by Deputy Secretary Adewale O. ‘Wally’ Adeyemo before the Senate Committee on Banking, Housing, and Urban Affairs. In this testimony, Adeyemo emphasized the critical need for additional AML authorities to combat the growing menace posed by cryptocurrencies. Senator Warren has pointed out that the exclusion of crucial actors within the digital asset ecosystem, such as miners and validators, from AML/CFT requirements could potentially enable nefarious actors to exploit the increased crypto trading facilitated by stablecoin legislation.
Senator Warren’s steadfast stance on the regulation and oversight of cryptocurrencies is aligned with her prior efforts aimed at curbing illicit activities and safeguarding consumers, the financial system, and national security interests. She has persistently advocated for the closure of loopholes in AML regulations that allow sanctioned entities like Iran to derive revenue through crypto transactions. Furthermore, Senator Warren has consistently voiced concerns regarding the exploitation of cryptocurrencies in terrorist financing schemes and has called for the implementation of stronger regulatory frameworks to protect both consumers and national security interests within the realm of stablecoin-related legislation.
Source: blockchain.news
The post Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins appeared first on HIPTHER Alerts.
Blockchain
Binance Launches Megadrop: A Token Launch Platform with Airdrops and Web3 Quests
Binance has rolled out Binance Megadrop, a novel token launch platform that blends airdrops with Web3 quests. This platform enables users to engage in BNB Locked Products subscriptions and complete tasks within their Web3 Wallet to earn early rewards from chosen Web3 projects, even before their tokens hit the Binance Exchange.
The inaugural project featured on Binance Megadrop is BounceBit (BB), a BTC restaking chain. Here are the token specifics for BounceBit: Max Token Supply: 2,100,000,000 BB, Megadrop Token Rewards: 168,000,000 BB (8% of max token supply), Initial Circulating Supply: 409,500,000 BB (19.5% of max token supply).
To kickstart their journey with Binance Megadrop, users must log into their Binance account and ensure they possess an active Binance Web3 Wallet. From there, they can subscribe to BNB Locked Products and/or fulfill Web3 Quests to accumulate scores. These scores dictate the rewards received through the Megadrop program.
The scoring mechanism for Megadrop relies on the Locked BNB Score, determined by the quantity of BNB subscribed and the subscription period’s duration. Users also earn a Web3 Quest Bonus and a Web3 Quest Multiplier upon completion of designated Web3 Quests. The total score is computed by applying the Web3 Quest Multiplier to the Locked BNB Score and adding the Web3 Quest Bonus.
Importantly, only wallets created within the Binance Web3 Wallet and not external wallets will count towards Megadrop participation. Megadrop rewards will be airdropped to users’ Binance Spot Wallets.
Users must undergo identity verification and maintain at least one active Binance Web3 Wallet to qualify for Megadrop rewards. Additionally, certain jurisdiction-based eligibility criteria apply. Users from Australia, Canada, Cuba, Crimea Region, Hong Kong, Iran, Japan, New Zealand, Netherlands, North Korea, Russia, Singapore, Syria, United Kingdom, United States of America, and its territories are presently ineligible to participate in BB Megadrop.
Binance Megadrop is aimed at offering users an interactive and rewarding experience within the crypto realm. Further details regarding the Megadrop amount, Web3 Quests, and the comprehensive listing plan will be disclosed separately.
Source: blockchain.news
The post Binance Launches Megadrop: A Token Launch Platform with Airdrops and Web3 Quests appeared first on HIPTHER Alerts.
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