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Securities lawyers say the SEC is unlikely to win a lawsuit over stablecoins, such as Paxos' BUSD, since owners do not expect profits, a part of the Howey test (Dave Michaels/Wall Street Journal) 22-02-2023

Dave Michaels / Wall Street Journal: Securities lawyers say the SEC is unlikely to win a lawsuit over stablecoins, such as Paxos’ BUSD, since owners do not expect profits, a part of the Howey test  —  Agency investigates whether the cryptocurrencies’ issuance violated investor-protection laws  —  Washington’s battle to rein in crypto has a new front: stablecoins. Lees verder op Tech Meme

A profile of Reddit co-founder Alexis Ohanian, an early Coinbase and Ethereum investor who owns 700+ NFTs and raised $500M in February 2022 for crypto startups (Michael del Castillo/Forbes) 22-02-2023

Michael del Castillo / Forbes: A profile of Reddit co-founder Alexis Ohanian, an early Coinbase and Ethereum investor who owns 700+ NFTs and raised $500M in February 2022 for crypto startups  —  Alexis Ohanian’s ancestors perished during the Armenian genocide and had their assets seized. Lees verder op Tech Meme

Tome, which uses AI to help build pitch decks, raised a $43M Series B, a source says at a $300M valuation, up from $175M in 2021, and claims 1M+ users (Alex Konrad/Forbes) 22-02-2023

Alex Konrad / Forbes: Tome, which uses AI to help build pitch decks, raised a $43M Series B, a source says at a $300M valuation, up from $175M in 2021, and claims 1M+ users  —  Now valued at $300 million while still pre-revenue, per a source, Tome says it’s the fastest productivity software maker to ever reach 1 million users since its September release. Lees verder op Tech Meme

A look at Amazon India's miniTV, a free, ad-supported streaming service in its shopping app, aimed at users from ages 18 to 25 who cannot afford a subscription (Nilesh Christopher/Rest of World) 22-02-2023

Nilesh Christopher / Rest of World: A look at Amazon India’s miniTV, a free, ad-supported streaming service in its shopping app, aimed at users from ages 18 to 25 who cannot afford a subscription  —  If the e-commerce giant cracks the ad-free, shop-as-you-watch code in the country, nothing stops it from rolling miniTV out internationally. Lees verder op Tech Meme

Frustrated by failures on Capitol Hill, tech privacy advocates turn to state legislation to bolster online privacy, including in Indiana, Illinois, and New York (Alfred Ng/Politico) 22-02-2023

Alfred Ng / Politico: Frustrated by failures on Capitol Hill, tech privacy advocates turn to state legislation to bolster online privacy, including in Indiana, Illinois, and New York  —  Tech privacy advocates frustrated by failures on Capitol Hill are looking to mine state capitals for legislative victories. Lees verder op Tech Meme