September Highlights:
The SEC is busy working on rulemaking and guidance.
We heard back from the SEC. While Congress is in recess, staff have been busy preparing guidance and rules on a number of topics that will be released in the next two to six months. This includes the topic of security token conversion.
Senate releases draft market rescue bill
The Senate Banking Committee has released a full draft of the market rescue bill. The bill divides regulation between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) and gives the CFTC new powers. (text)
SEC tweeted“‘Market participants should be free to choose where to trade spot cryptocurrency assets, and the SEC is committed to working with the CFTC to ensure that the regulatory framework supports innovation and competition in this rapidly evolving market,’ said SEC Chairman Paul Atkins.”
Crypto Democrats Promise to Work with Republicans on the Clarity Act
Crypto Democrats emphasized their commitment to addressing this issue by “announced a framework for market rescue legislation last week. As we said then, digital assets are a $4 trillion global market that requires a thoughtful, bipartisan approach to regulation. We hope our Republican colleagues will agree to a bipartisan writing process, as is standard for legislation of this size. Given our shared interest in moving quickly on this issue, we hope they will agree to reasonable requests to allow for true cooperation. For this process, we hope that they will agree to a bipartisan writing process. “I look forward to communicating with Republican lawmakers in this way.” (press release)
In an interview with Politico, Rep. Tom Emmer (R-MN) said, “The Senate needed more time to look at market structure. They just haven’t been as involved in it as the House has been. The House has been working on this particular bill for the past five years through the CLARITY Act. The best way to describe the situation as the White House understands it is that having GENIUS without a regulatory market structure bill like CLARITY is like having a cell phone without a cell phone tower. We just need the Senate to do this. “I think the Senate will confirm their version this month, we expect the Senate Agriculture Committee to pass it out of committee sometime in October, and we expect a vote before the end of the year.” (Politico)
Let us know if you have a favorite exchange that should use Vault12 to enhance your inheritance (for less than $1 per day). Don’t forget to send a message to your cryptocurrency platform provider recommending Vault12.
Our competitors have been doing this for 10 years. We can copy or duplicate our capabilities, but we certainly don’t have the depth of strength or the privacy to safely pass on our digital assets to future generations. We checked. We are delighted to have obtained the license.
that Promo Codes for iOS You can get a free subscription for one year, after which it reverts to the standard price of the Inheritance Plan. iOS codes are available on the Apple App Store.
that Promo Codes for Android You can subscribe for free for 90 days, after which it reverts to the standard pricing for the Inheritance Plan. An Android code is used when you select and pay for your inheritance plan in the app.
See instructions on how to use it. here.
password: NL0525
iOS: https://apps.apple.com/redeem?ctx=offercodes&id=1451596986&code=NL0525
Android: Enter code NL0525 Choosing an inheritance plan
| Vault12 Guard iOS | Vault12 Guard Android
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Improved connectivity: Network communications using cryptographic relays are now more resilient than ever.
Zoom asset preview: Image assets support pinch-to-zoom for detailed inspection.
Various bug fixes and performance improvements.
Previous releases removed the free plan. Anyone who wants to try the product can do so through a backup or inheritance plan, and promotional codes have been freely distributed. Guardian will always be free and you are free to experiment with your own Vault and Guardian plans. There are no changes.
*** Those who use the product – We are creating a strategy guide on how to choose a Guardian, who, how many, where, why, etc. Perhaps you have struggled with this problem too. We’d like to hear from you. Send us a message or post in the thread on . fluorideor@Vault12Guard)
All product updates | release notes | Vault12 Guard iOS | Vault12 Guard Android
What do I need to know? Decentralized Finance (DeFI)?
While many solutions do a great job of protecting digital assets, they often fail to address one of the most important and growing asset categories: DeFi, or staked assets. Staked cryptocurrencies also require inheritance!
What happens to your cryptocurrency when you die?
The first thing you need to know is that if you don’t plan ahead, you will lose all your cryptocurrency. As you begin planning, you will be faced with several decisions about how to best plan and manage your cryptocurrency inheritance. Here is a 3-step guide:
Overview: What happens to your cryptocurrency when you die?
Cryptocurrency inheritance planning and traditional estate planning
How Vault12 Guard Helps Manage Cryptocurrency Inheritance
Bonuses for loyal subscribers
If you’re using iOS, this may be a stumbling block. 1 year free. On Android? 90 days free. There have been promo codes floating around on podcasts and panels lately, but here’s one for you, our readers: NL0525 – Check out the guide now. “How to Request a Vault12 Guard Promo Code for iOS and Android”.
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