In the midst of ongoing regulatory uncertainty surrounding cryptocurrencies in the United States, major platforms like Bakkt have recently decided to delist Solana (SOL), Polygon (MATIC), and Cardano (ADA). Bakkt, citing the need for further clarity on compliance measures, has expressed its hesitation to offer more altcoins until regulatory guidelines become more explicit.
These actions by Bakkt and other platforms come as the U.S. Securities and Exchange Commission (SEC) continues its regulatory crackdown on web3 market participants, even though it has not yet established clear guidelines for the emerging industry.
Bakkt’s general counsel and secretary, Marc D’Annunzio, emphasized the importance of regulatory clarity before adding more coins to their platform. In the past month, the SEC has classified 67 altcoins, with a combined market value of $100 billion, as securities. The regulatory pressure has also affected other platforms. Robinhood, an American financial services company, announced plans to cease supporting Solana, Polygon, and Cardano by June 27, aligning with the current regulatory landscape. Similarly, eToro, a social trading platform, revealed its decision to delist Polygon, MANA, DASH, and ALGO from its U.S. platform starting July 12.
InQubeta (QUBE) Presale on the road to Hit $1M
Amidst this challenging regulatory environment, InQubeta’s presale for its QUBE tokens is making significant progress, and is very much on its way to hitting a massive milestone of $1 million raised and beyond. InQubeta is the world’s first crypto crowdfunding platform that enables fractional investment in AI startups using QUBE tokens. These tokens, built on the Ethereum blockchain as deflationary tokens, are designed to change the way AI startups raise funds and engage with their community.
The InQubeta presale is on fire and has already raised $830k to date, it will very shortly hit $1 million, and could even 10x and more from it’s current amount. This loyal fanbase demonstrates the growing interest in investing in AI startups through the QUBE token. As more investors and startups participate in the InQubeta platform, the demand for QUBE is expected to rise, potentially driving up its value. By holding and staking QUBE tokens, investors have the opportunity to benefit from potential price appreciation and earn rewards from the dedicated reward pool.
InQubeta recognizes the importance of establishing a strong and compliant foundation within the regulatory landscape. To ensure transparency and compliance, InQubeta is actively working with legal experts and regulatory advisors to navigate the evolving regulatory environment and ensure that its platform and token offerings adhere to applicable laws and regulations.
The InQubeta team is committed to maintaining open communication with regulatory authorities, providing them with the necessary information and documentation to demonstrate the platform’s compliance measures. By actively engaging with regulators, InQubeta aims to contribute to the development of clear and practical regulatory frameworks that promote creativity while safeguarding investors’ interests.
As the presale progresses toward the $1 million dollar mark and far beyond, InQubeta is actively engaging with its community through various channels, providing updates, answering questions, and addressing concerns. The platform encourages open dialogue and feedback from its supporters, creating a collaborative environment where participants can contribute to the development and success of the InQubeta ecosystem.
Looking ahead, InQubeta aims to expand its platform and offerings, providing a comprehensive ecosystem for AI startups and investors. This includes the launch of the InQubeta mainnet, which will unlock additional features and capabilities, further enhancing the investment experience for QUBE token holders.
InQubeta’s vision of transforming AI startup funding and fostering invention aligns with the increasing demand for disruptive technologies and the growing interest in blockchain-based investment opportunities. As the regulatory landscape continues to evolve, InQubeta remains committed to navigating the challenges, staying compliant, and driving forward the development and adoption of AI technology through its unique crowdfunding platform and the QUBE token.
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