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SEC: Biden will Gary Gensler

Biden SEC pick is no stranger to cryptoGary Gensler’s nomination to head the U.S. Securities and Exchange is welcome news for the cryptocurrency industry given his ongoing and deep interest in the technology. … Although the SEC has conveyed some of its views via enforcement actions and the like under Trump-era chair Jay Clayton, the industry has been yearning for even more regulatory clarity. … Gensler will be leading a commission that’s already not a stranger to crypto, even recently setting up its financial tech (and cryptocurrency) unit as a standalone office whose director will now report directly to the chairman. … Gensler may be in a good position to further bridge the gap between the crypto industry and securities laws, but as SEC chair he’ll also have to devote his time to other issues under the commission’s purview.“

Axios

Trump verbannt: völlig zurecht

YouTube extends Trump’s suspension for at least another week – The decision was made ‚in light of concerns about the ongoing potential for violence.‘ – YouTube on Tuesday said it’s extending its suspension of President Donald Trump’s channel for another week over „ongoing potential for violence,“ a day before Joe Biden is set to be sworn in as the next US president. – The move lengthens the punishment the Google-owned platform imposed on Trump last week, which prohibited him from uploading new content and disabled comments on his videos indefinitely.“

CNET

Trumps Verbannung von Social Media – Kritiker verkennen Gesetze – Die Sperrung von Donald Trump bei Twitter & Co. sorgt für Diskussionen. Dabei verstrickt sich vor allem die Bundeskanzlerin in Widersprüche, meint Julia Reda. … Denn es gibt sehr wohl einen rechtlichen Rahmen für die Moderation von Inhalten auf Social Media-Plattformen in den USA, an dem sich Twitter und Facebook orientiert haben. Außerdem wäre die Entscheidung in Deutschland, wo das Netzwerkdurchsetzungsgesetz den rechtlichen Rahmen absteckt, vermutlich genauso ausgefallen.“

Netzpolitik.org

TikTok: Douyin startet eWallet

TikTok’s Chinese version Douyin launches an e-walletTencent’s WeChat Pay and Alibaba’s affiliate Alipay have long dominated digital payments in China, but they have always faced new challengers. The latest entrant in online payments is Douyin, TikTok’s Chinese version. … Payment is a natural step for Douyin, which has a growing e-commerce business. Users can be directed to a product link while watching a video of an influencer reviewing, say, a lipstick. Instead of the ubiquitous WeChat Pay and Alipay, they may opt for Douyin Pay one day, if the incentives are great enough.“

TechCrunch

„Smartisan founder’s dream of beating Apple dies as ByteDance suspends smartphone business – ByteDance, owner of short video-sharing apps TikTok and Douyin, has suspended development of smartphones under the Smartisan brand to refocus on its Dali line of hardware products for the education sector.“

SCMP

Netflix wächst weiter schnell

Netflix shares rise on strong subscriber growth, considers share buybacks – Netflix reported fourth quarter 2020 earnings Tuesday that beat analyst expectations on revenue and net subscriber additions but fell below EPS estimates. – The company said it is close to being free cash flow positive and will consider returning cash to shareholders through buybacks.Netflix said it would no longer need to raise external financing for its daily operations.“

CNBC