The Wolf Of All Streets Market Hits Pause: Calm Before the Storm? | Crypto Town Hall
Nov 28, 2024
This episode takes a deep dive into the performance of Bitcoin and Ethereum during Thanksgiving and the evolving dynamics of crypto at family gatherings. Legal challenges surrounding the Pump.Fun platform raise questions about compliance and free speech. The conversation also navigates the changing regulatory landscape in the U.S. for cryptocurrencies and discusses the potential future of Solana amid litigation. Lastly, a unique launchpad on the Blast blockchain is introduced, showcasing its significance for new projects.
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Platform Responsibility and Moderation
- Understand your responsibilities regarding content moderation on your platform.
- Implement clear policies and procedures to mitigate legal risks, especially regarding live streaming.
Shifting Crypto Landscape in the U.S.
- Prior to November 5, 2024, leaving the U.S. was advisable for crypto-related businesses.
- The upcoming congressional session is expected to bring meaningful crypto legislation, making the U.S. more attractive.
Decentralization vs. Centralization on Pump.Fun
- Pump.Fun's decision to ban live streams sparked debate about decentralization vs. centralization.
- A platform can maintain a decentralized foundation for token issuance while centralizing control over aspects like live streaming.