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MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...
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SEC open meeting on Dec 2 to include crypto panel discussion

The SEC is opening discussion on crypto and blockchain technology with regard to American investors.

The U.S. Securities and Exchange Commission, or SEC, announced Nov 24 the title of the upcoming crypto panel for its Dec 2 Investor Advisory Meeting will be “Helping to Ensure Investor Protection and Market Integrity in the Face of New Technologies”. Previously on Nov 15, the Commission announced the meeting would be open to the public. Panelists and moderators will attend remotely.

The crypto panel discussion agenda will focus on the regulatory framework covering digital assets, market structure issues, and defining risk in emerging technologies. Additional topics are expected to include blockchain technologies, crypto-based EFTs, and stablecoins.

Half of the panelists are in blockchain specific roles:

  • Ali Emdad, Professor and Associate Dean, Earl G. Graves School of Business and Management at Morgan State University, and Founding Director of the Center for the Study of Blockchain and Financial Technology
  • Tyrone Ross, CEO, Onramp Invest
  • Sydney Schaub, Chief Legal Officer, General Counsel and Corporate Secretary, Gemini
  • Kristin Smith, Executive Director, The Blockchain Association

The remainder of the panel is composed of luminary law professors and financial markets experts.

The portion of the meeting that is dedicated to the crypto panel discussion is slated to run from 10:45am-12:45pm EST. Introductory remarks for the whole meeting begin at 10:00am EST, and will be webcast on the SEC’s website.

Readers can likely anticipate questions on topics like the SEC’s recent decision to decline approval of Jan VanEck’s spot ETF proposal, and the nature of the Commission’s engagement with crypto companies, but the exact questions to be discussed by the panel are not yet known to the public.

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