Herencia Artifex promotes collaboration across art world boundaries and provides a venue for artists of different backgrounds and styles to come together and produce creative works. The project name "Herencia Artifex" (abbreviated HXA) is Latin for "Herencia" (inheritance) and "Artifex" (artist). The HXA project aims to use NFT to pass on outstanding artists and crafts. This genre-transcending artistic collaboration in the Web3 space will give birth to new art forms and expressions, contributing to enriching the field of art. NFT…
Commodity Futures Trading Commission
Crypto Anti-terrorism Bill Introduced in the U.S. House of Representatives
Representative Ted Budd (R-NC) has enacted a new law to create an agency to combat the use of cryptocurrencies in terrorism. The bill, H.R. 296, is co-sponsored by Representatives Warren Davidson (R-OH), Stephen Lynch (D-MA), Byron Donalds (R-FL), and Darren Soto (D-FL) and was introduced into jurisdictions following the establishment of the working group. The bill also seeks to provide rewards for information leading to convictions related to digital currency earthquakes. It will establish Fintech's leadership in innovation and financial…
2 years ago 
704 views
The Role of Commodity Futures Trading Commission (CFTC) in Regulating Cryptocurrency
The Commodity Futures Trading Commission (CFTC) is a US-based agency established by the Commodity Futures Trading Commission Act of 1974 to regulate the commodity futures and derivatives markets, including option markets, futures, and Swaps. The commission's primary goal is to promote futures markets' competitiveness and efficiency while protecting traders against unscrupulous activities, fraud, and abusive trade practices. CFTC has five committees; Agriculture, Global markets, Technology, Energy & environmental markets, and Coordination between the CFTC and SEC, each headed by a…
3 years ago 955 views
Understanding SEC’s Classification of Crypto-assets: Securities or Commodities?
Cryptocurrency growth in the last decade has taken the technological world by storm, and with this growth came many questions and concerns. The classification of cryptocurrency is primarily a chief concern. The subject is one that courts, government agencies, and even financial markets struggle to grasp. The primary debate begs an answer to an essential question: are they securities or commodities? Cryptocurrency traverses local, national, regional, and international boundaries. Hence the need for classification is both a national and international…
3 years ago 1.1 k views