US Lawmakers Call for Clear SEC Rules on Digital Asset Airdrops

Congressman Tom Emmer is pushing the U.S. Securities and Exchange Commission (SEC) to provide clear rules on digital asset airdrops, arguing that current regulatory uncertainty is stifling innovation and blocking American participation in blockchain projects. He emphasized the importance of airdrops in decentralizing networks and shaping the future of blockchain, criticizing the SEC’s approach under … Read more

Beba and Defi Education Fund Sue the SEC Over Its Airdrop Policies

Texas apparel company Beba and the Defi Education Fund (DEF) have announced a legal complaint against the U.S. SEC. They allege that the SEC has violated Administrative Procedure Act procedures by adopting an encompassing crypto policy without an official rulemaking process. Additionally, the plaintiffs seek to clarify that a token airdropped to its users does … Read more

Arbitrum (ARB) Showcases Strong Momentum Amid General Market Sentiment 

The trajectory of Arbitrum (ARB) is currently under intense scrutiny, fueled by recent data revealing a remarkable surge of over 95% in the past month. The cryptocurrency community is abuzz with discussions, particularly regarding potential airdrop-related influences on the ARB token’s price. Arbitrum, a prominent Ethereum Layer 2 scaling solution, faced a dip in its … Read more

Pheu Thai Candidate Promises Digital Currency Airdrop of $300 to Every Citizen in Thailand if Elected

A Pheu Thai candidate running for prime minister of Thailand position, Srettha Thavisin, has promised that every citizen in the country will receive 10,000 Thai baht ($300) in digital currency if he wins the general election in May. However, a minister within the prime minister’s office in Thailand is concerned and has explained that the … Read more