Company: DJTWW
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001140361-25-040977
Chunk: 13

Company: Trump Media & Technology Group Corp.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 4
Chunk 13
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 that it would not recommend enforcement action to the SEC against registered advisers or regulated
                funds for maintaining crypto assets and related cash and cash equivalents with certain state-chartered financial institutions;

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            in September 2025, the SEC’s Division of Trading and Markets and the CFTC’s Division of Market Oversight and Division of Clearing and Risk announced a cross-agency initiative in furtherance of the SEC’s
              “Project Crypto” and the CFTC’s “Crypto Sprint” to coordinate efforts regarding the process for enabling the trading of certain spot crypto asset products;

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            in September 2025, Nasdaq reportedly announced new informal interpretations of its rules requiring some Nasdaq-listed companies to obtain shareholder approval before engaging in certain transactions, such as private placements for the
              purpose of acquiring digital assets or accepting in-kind contributions of digital assets in exchange for equity;

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            in July 2025, the SEC announced “Project Crypto,” a commission-wide initiative with a stated goal of modernizing the securities rules and regulations to enable America’s financial markets to move on-chain;

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            in July 2025, President Trump signed into law the Guiding and Establishing National Innovation for US Stablecoins Act (“GENIUS Act”) , establishing a legislative framework for the regulation of payment
              stablecoins and marking the first federal legislation for the regulation of digital assets in the U.S.;

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            in July 2025, the U.S. House of Representatives passed the Digital Asset Market Clarity Act of 2025 (“CLARITY Act”) , a comprehensive digital asset market structure and regulation bill. The CLARITY Act, and
              other digital asset market structure and regulation bills, remain under consideration and continue to evolve in the U.S. Senate;

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            in January 2025, President Trump signed an executive order instructing a working group comprised of representatives from key federal agencies to evaluate measures that can be taken to provide regulatory clarity
              and certainty built on technology-neutral regulations for individuals and firms involved in digital assets, including through well-defined jurisdictional regulatory boundaries, on July 30, 2025, such working group published a report on
              strengthening American leadership in digital financial technology, which recommended several regulatory and legislative proposals to advance President Trump’s January 2025 executive order;

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            in January 2025, the SEC announced the formation of a “Crypto Task Force”, which was created to