Connect with us

Blockchain

Blockchain Association sues SEC over “Dealer” De …

Published

2 years ago

on

The Blockchain Association has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) concerning its recent reinterpretation of the “dealer” definition, which now extends to the decentralized finance (DeFi) participants. 

This move has sparked a significant debate within the crypto community about regulatory reach and innovation impact.

The Blockchain Association vs. SEC: A Landmark Legal Battle 

The Blockchain Association has filed a pivotal lawsuit against the SEC, focusing on the controversial expansion of the “dealer” definition to include DeFi actors.

This legal challenge raises critical questions about regulatory boundaries and the future of decentralized finance.

Background of the SEC Decision

In February 2024, the SEC broadened the “dealer” definition under securities regulations to include entities frequently trading, creating liquidity, and adjusting market conditions, which are key activities in decentralized finance (DeFi).

This adjustment was made to cover roles in the evolving digital asset markets that the old definition failed to encompass, aiming to enhance transparency and safety. However, this expansion faced opposition from the crypto industry and some SEC commissioners, who argued it could overly burden innovative sectors and hinder technological progress.

Despite these concerns, the SEC maintains that the change aligns with Congressional goals to regulate market makers and close regulatory loopholes, thus protecting market integrity and investors.

This backdrop informs ongoing legal debates and industry reactions to the SEC’s revised dealer definition.

Arguments presented by the Blockchain Association

The Blockchain Association has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) concerning its recent reinterpretation of the "dealer" definition, which now extends to the decentralized finance (DeFi) participants. 

A key challenge to regulatory overreach in the DeFi field is the Blockchain Association’s lawsuit against the SEC’s expanded definition of “dealer.”

Their key point is that the SEC’s broader definition has the potential to hinder innovation by putting standard securities law frameworks on decentralized financial systems, which are meant to operate differently from traditional financial markets.

The Association contends that the SEC’s decision lacks sufficient clarity and could indiscriminately classify many DeFi participants as dealers, even those who do not engage in typical “dealer” activities like market making.

This could force many projects to either alter their operational models or cease operations due to the heightened regulatory and compliance costs​​.

Furthermore, the Blockchain Association argues that the SEC’s rule change was implemented without adequate industry consultation, suggesting that the regulatory process may have overlooked the unique characteristics and technological underpinnings of DeFi platforms.

They stress that extensive industry engagement to comprehend the ramifications and practical realities of DeFi ecosystems should come before enacting such regulatory measures.

Legal experts and industry stakeholders are closely watching this case, as it could set a precedent for how decentralized digital asset markets are regulated in the United States and potentially globally.

The outcome could influence future regulatory approaches to emerging technologies and either validate the SEC’s stance on stricter regulations or push back against what some see as an overextension of regulatory authority in the rapidly evolving crypto sector​​.

The SEC’s stance over the dealer definition

To strengthen regulatory control and lower possible risks in the financial markets, especially those related to DeFi and other digital assets, the Securities and Exchange Commission (SEC) decided to redefine “dealer” under securities legislation.

SEC Chair Gary Gensler emphasized that the updated rules are common-sense measures intended to protect market integrity and ensure that all market participants adhere to the same standards​​.

These measures may affect individuals who operate in these categories but do not identify as dealers in the DeFi market.

The SEC argues that these changes are necessary to close regulatory gaps that have allowed some market participants to operate without adequate oversight, which could lead to unfair market practices and financial instability​.

The agency also pointed out that the redefinition follows a functional analysis approach, focusing on the activities undertaken by a person rather than the type of security traded.

This approach aims to ensure that anyone engaging in market-making activities, directly or indirectly, is subject to registration and regulation, irrespective of the technology used​​.

Implications for the Crypto Market, Regulation and Expert Perspective

The SEC’s move has significant implications for the crypto market, particularly within the DeFi sector. 

By requiring more entities to register as dealers, the rule aims to bring greater transparency and oversight to this dynamic sector.

However, this could also mean increased compliance costs and operational challenges for DeFi platforms, potentially stifling innovation and impacting smaller players who may not have the resources to meet these new regulatory demands​.

Additionally, this move signals a broader trend towards tighter regulation in the crypto industry, reflecting growing governmental interest in ensuring market stability and protecting investors from potential risks associated with digital assets.

While this might enhance investor confidence and market integrity, it raises concerns about the balance between regulation and the autonomy of decentralized systems​​​.

Expert Opinions 

The ongoing legal challenge by the Blockchain Association against the SEC’s expanded “dealer” definition has garnered attention and varying opinions from legal experts and industry leaders. Their insights shed light on potential outcomes and the broader impacts of this regulatory shift on the crypto landscape.

Legal Perspective:

  • Gary Gensler, SEC Chair, mentioned that the changes are common-sense measures intended to maintain market integrity. He stressed the importance of these rules in protecting investors from emerging risks associated with digital assets​​.
  • Mark Uyeda, the Republican SEC Commissioner, criticized the rule change as overreach, expressing concerns about the expansive interpretation of the “dealer” definition, which could limit industry growth and innovation​.

Industry Insight:

  • Crypto Analysts suggest that the increased regulatory scrutiny could lead to more stable market conditions, which might attract institutional investors seeking reliability and compliance assurances. However, they also warn that such stringent measures could deter new entrants and suppress technological innovations within the sector​​.

The outcome of this lawsuit could influence regulatory approaches globally, impacting not just the U.S. markets but also international standards on cryptocurrency operations.

Follow us on google news
Related Topics:

Continue Reading

Blockchain

MetaMemeVault Announces $250K USDT Giveaway Following Coinsult Security Audit

Published

18 hours ago

on

October 28, 2025

By

MetaMemeVault ($MMV), an Ethereum-based meme-to-earn project, has launched a $250,000 USDT + $100,000 MMV token giveaway following the successful completion of its Coinsult security audit. The presale is currently live at Stage 1 pricing of $0.008 with a 200% bonus offer.

MetaMemeVault is combining community rewards with audited security infrastructure. The project announced its $250K giveaway campaign alongside the publication of its Coinsult audit results, marking a significant milestone for the presale launch.

Triple-Audit Security Framework

The project has completed security audits from three independent firms: Coinsult, SCRL.io, and GoPlus Labs. The audits cover smart contract vulnerability analysis, tokenomics verification, bot protection mechanisms, and liquidity lock confirmation.

MetaMemeVault operates on the Ethereum blockchain with a fixed supply of 1 billion tokens, zero minting functions, and 0% transaction fees. The security audits verify these parameters and confirm anti-rug mechanisms are in place.

“With three completed audits and a quarter-million dollar giveaway, we’re demonstrating that meme coins can be both fun and secure,” said the MetaMemeVault team. “Our community deserves transparency and real utility, not just hype.”

$250K Giveaway Structure

The giveaway distributes $250,000 USDT plus $100,000 worth of $MMV tokens through multiple entry methods:

Presale Purchases: Every purchase during the presale automatically generates giveaway entries. Larger purchases receive proportionally more entries.

Referral Program: Participants earn 5% commission on referred purchases plus bonus giveaway entries. The referral system creates viral distribution while rewarding community builders.

Social Engagement: Activities on Twitter and Telegram generate additional entries, encouraging organic community growth.

The giveaway runs throughout the presale period, with winners announced after conclusion. All entries are tracked through the official giveaway portal at metamemevault.com/giveaway.

Meme-to-Earn Utility Model

Unlike traditional meme coins relying solely on price speculation, MetaMemeVault introduces meme-to-earn infrastructure through its MemeTreasury system. Token holders lock their $MMV tokens and receive automatic distributions in SHIB, PEPE, BONK, and NEIRO.

The MemeTreasury allocates 13% of the total token supply to a dividend-generating fund. Distributions begin during the presale phase, meaning early participants start earning yields immediately rather than waiting for post-launch staking programs.

The mechanism requires no manual claiming or re-staking. Once locked, tokens automatically generate and distribute rewards to holders’ wallets.

Presale Stage Structure

MetaMemeVault’s presale operates through multiple stages with decreasing bonus percentages:

  • Stage 1: $0.008 per token + 200% bonus (3x token allocation)
  • Stage 2: $0.012 per token + 90% bonus (1.9x token allocation)
  • Target Listing Price: $0.068

The staged structure rewards early participants with maximum token allocation. A $1,000 investment at Stage 1 pricing yields 375,000 tokens (125,000 base + 250,000 bonus), valued at $25,500 at the target listing price.

Early participants capture both the presale discount and the bonus multiplier, creating potential 25.5x return to target listing.

Community-First Distribution

The project emphasizes community-driven growth through its giveaway and referral mechanisms. The $250K prize pool functions as wealth distribution strategy rather than pure marketing expense.

By rewarding presale participants, referrers, and social engagers equally, MetaMemeVault creates multiple pathways for community members to benefit from project growth. The 5% referral commission provides immediate returns while bonus entries offer additional upside.

How to Participate

Interested participants can join the presale and giveaway through these steps:

  1. Visit metamemevault.com to access the presale interface
  2. Connect a Web3 wallet (MetaMask, Trust Wallet, or similar)
  3. Purchase $MMV tokens at Stage 1 pricing ($0.008 + 200% bonus)
  4. Automatic entry into the $250K giveaway is generated
  5. Optional: Use referral link to earn 5% commission and bonus entries

The presale accepts ETH and USDT on the Ethereum mainnet.

Project Details

About MetaMemeVault

MetaMemeVault is an Ethereum-based meme-to-earn project that automatically generates yields in SHIB, PEPE, BONK, and NEIRO for token holders. Built with a fixed supply of 1 billion tokens and secured by triple independent audits, the project combines meme coin appeal with quantifiable utility infrastructure.

The MemeTreasury system allocates 13% of total supply to dividend generation, providing passive income to locked token holders starting during the presale phase.

Disclaimer: This article contains sponsored content. Cryptocurrency investments carry substantial risk and may not be suitable for all investors. This content is for informational purposes only and should not be considered financial advice. Readers should conduct their own research before making investment decisions.

Continue Reading

Blockchain

CV5 CAPITAL BRIDGES INSTITUTIONAL STANDARDS AND DIGITAL INNOVATION FOR FUND MANAGERS

Published

19 hours ago

on

October 28, 2025

By

CV5 Capital, a Cayman Islands-based institutional fund platform regulated by the Cayman Islands Monetary Authority (CIMA), is helping fund managers launch both traditional hedge funds and digital-asset funds faster and more efficiently.

Serving emerging start-up managers as well as multi-billion-dollar asset managers, CV5 Capital provides a seamless, end-to-end solution that meets institutional expectations for governance, compliance and operational due diligence while capturing the opportunities created by blockchain and tokenization.

“Launching a fund shouldn’t be a six-month process and cost upwards of 6 figures,” said David Lloyd, CEO at CV5 Capital. “We built a platform that delivers institutional infrastructure from day one: regulated, independently governed, and designed to scale.”

Through its regulated CV5 SPC and CV5 Digital SPC, the firm structures funds across traditional and crypto-native strategies, from long/short equity to quantitative and on-chain strategies. Each fund works with institutional service providers ensuring CIMA-compliant operations.

CV5 Capital’s framework allows managers to demonstrate the operational controls institutional allocators expect: independent directors, risk oversight and transparent valuation, without the cost or complexity of building those systems internally.

Beyond fund formation, CV5 Capital is pioneering tokenized fund structures, enabling investors to hold and trade regulated fund interests on-chain.

“Tokenization is redefining how capital moves,” Lloyd added. “CV5 Capital bridges what institutional investors require with what digital markets make possible.”

For more information, visit www.cv5capital.io

Continue Reading

Blockchain

Trivolve Tech and Quixy Launch Forensic Management System (FMS) on Cardano Mainnet

Published

2 weeks ago

on

October 18, 2025

By

Trivolve Tech, a blockchain and AI product studio, in collaboration with Quixy, a leading no-code/low-code enterprise platform, has officially launched its Forensic Management System (FMS) on the Cardano Mainnet. This marks a historic milestone in digital governance as the partnership brings blockchain-backed transparency, scalability, and security to forensic evidence management for state governments in India.

Transforming Forensic Evidence Management

The newly launched FMS is already operational and has successfully processed 1,000+ transactions within the first 3 days of going live. Designed to address longstanding issues in forensic evidence handling, the system leverages Cardano blockchain technology to ensure that every piece of forensic evidence is immutably recorded, tamper-proof, and fully auditable.

With Uttar Pradesh as the pilot state and handling over one million forensic cases annually, the system aims to strengthen forensic processes and enhance the credibility of evidence in court proceedings.

Trivolve Tech CEO Rahul Konudula remarked:
“FMS is expected to process at least 10,000+ transactions within its first month on the Cardano Mainnet, highlighting both the scale and efficiency of the solution. With growing adoption, this platform may soon become the de facto national standard for secure forensic evidence handling, redefining trust in law enforcement and judiciary processes.”

About Quixy

Quixy is India’s leading no-code/low-code platform, empowering enterprises to automate workflows and build applications without coding. With over 200,000 users and 26,000 apps deployed, Quixy has become a key player in digital transformation across industries, including defence and law enforcement.

About Trivolve Tech

Trivolve Tech is a product development studio specializing in Blockchain and AI solutions. With a focus on government and enterprise innovation, Trivolve helps organizations adopt blockchain for security, transparency, and growth, while pioneering real-world asset tokenization.

🔗 Learn more:
Quixy | Trivolve Tech

Continue Reading

Trending