MoonCast Transcript and Video | SafeMoon CEO | SafeMoon Community
SafeMoon Ranking | Crypto News | US Crypto Bill Introduced | SEC Binance Investigation
SafeMoon Partners | SafeMoon Stats | Reminders
MoonCast Transcript and Video
Mooncast is back and as always with the help of our transcribers, we have timestamped the video and added the transcript.
A special thank you to our transcribers Kerr (@KH40750578) & Sir_Burns (@SirBurnsTheWise)!
We are so grateful for your help!
🎧 The audio of this MoonCast is also available on SafeMoon's Educational Podcast. Click the button below to listen
There were some new updates, upgrades, evolutions announced at@Apple’s #WWDC22 that #SAFEMOON can definitely use. It’s great when one ecosystem evolves, which then helps other ecosystems evolve as well, which then helps other…etc. #SAFEMOON32 #SAFEMOONGALAXY PS, do not speculate on this.
- SafeMoon CEO John Karony
SafeMoon CEO John Karony also popped in on Twitter just to say hello to the community. 💚
"Hello it’s early for you 👀 what’s the occasion"
- SafeMoon Community member, Thomas O'mailey
"The sun doesn't set on the blockchain industry. It's worldwide." - John
And then in Discord. 3️⃣2️⃣
"#SAFEMOON I'm a goofball, I enjoy making people laugh and smile. Part of the reason is because I struggle with my own mental health on a day to day basis. Never be afraid to reach out for help, even if you think it doesn't matter, reach out. #SAFEMOONARMY #MentalHealthMatters
SafeMoon community member Safemoon_Hippie shared with everyone the SafeMoon branded card he ordered. This is so cool. Thanks for sharing, Hippie. 🙏💚
"Well here are my cards I just ordered ! #SAFEMOONARMY"
BSCDaily tweeted this image ranking SFM at #2 in the "Top BNB CHAIN Projects with [the] highest Social Engagement" using LunarCrush's Social statistics.
BitMart Research shared the top trending USA coins with SafeMoon being number 4.
US Crypto Bill Introduced
"Key US Senators Introduce Crypto Bill Outlining Sweeping Plan for Future Rules"
U.S. Senators "Kirsten Gillibrand and Cynthia Lummis release the long-awaited strategy that favors the CFTC as a watchdog and wipes away tax worries from buying things with cryptocurrencies."
"Their bill would liberate small-scale purchases of goods and services from the mire of tax implications by making it all tax-free on transactions less than $200 – potentially clearing a path for a cryptocurrency that acts more like a currency. "
CoinDesk's deputy managing editor
Blockworks Tweeted the highlights for this Bill ⬇⬇⬇
"JUST IN: Long-awaited crypto bill has been released
Defines the terrain between crypto securities and commodities.
Most cryptos would be considered commodities such as #Bitcoin and Ethereum.
CFTC would be crypto's watchdog.
CFTC would have authority over the spot markets in crypto commodities.
It gives legal clarity on how to handle customer holdings.
Clarifies the meaning of a crypto broker.
Calls for an SEC/CFTC self-regulatory organization.
Creates an industry sandbox in which regulators let crypto firms test new products.
100% reserve, asset type and detailed disclosure requirements for all payment stablecoin issuers.
It requires certain disclosures to the SEC from companies raising funds through digital asset sales."
Click the image below for CoinDesk's full article on this topic.
The full Bill pdf file below
SEC Binance Investigation
"The United States Securities and Exchange Commission (SEC) is investigating whether Binance Holdings broke securities rules when it launched its BNB token in an initial coin offering (ICO) five years ago, Bloomberg reported on June 6."
Even Binance CEO CZ had mentioned the need to change the Binance whitepaper wording in the beginning of 2019 in a blogpost.
"In January 2019, we changed the wording around “buy-backs” and the association with “20% profits.” This was done based on a third-party legal counsel advice indicating the potential for being misunderstood as a security is higher in certain regions, and it was not accurately describing the fact that we don’t need to “buy-back.” "
- Changpeng Zhao (CZ)
Binance founder and CEO
To read CoinTelegaph's article on this topic, click the icon below!
Click the image below to view SafeMoon Education's Partner Page where you can find our partner's news.
The overall SafeMoon sentiment today is good.
Swap & Evolve Progression
Swap Volume by Hydra
Listen to Gandalf's SafeMoon Labs episode on Stablecoins or read the accompanying article, which covers what stablecoins are, why we need them, the different kinds of stablecoins and the advantages and disadvantages!
Bull and Bear Markets
If you missed the SafeMoon Labs recording and associated article for Bull and Bear Markets, you can check it out here !! He covers what the terms mean, where they derive from, and what causes markets to change.
Another month has passed! This means it's time for another SafeMoon Pulse monthly recap where we pull together all of the main events, product reveals, releases, new partnerships, collaborations, and updates that have taken place over the past month for SafeMoon.
Click on the image below to view the Pulse May 2022 SafeMoon Monthly Recap.