The Daily Data Room: Thursday, August 29th, 2024

The Daily Data Room is curated by Sílvia Teixeira

Today's headlines include a Democrat lawmaker blasting the SEC's 'blatant abuse of power' over crypto enforcement, Japan's Prime Minister reaffirming strong support for the Web3 industry, Vitalik Buterin advocating for blockchain identity in more equitable crypto airdrops, and Telegram CEO Pavel Durov being released on €5 million bail under judicial supervision.

• A US Congressman has sharply criticized the US SEC, accusing the agency of weakening trust in the regulatory system through its enforcement-based strategy.

• Japanese Prime Minister Fumio Kishida stated that the country intends to become a leader in web3 innovation, reaffirming the government's strong support for the blockchain industry.

• Ethereum co-founder Vitalik Buterin believes crypto airdrops are a viable first use case for blockchain-based identity frameworks.

• Telegram CEO Pavel Durov has been released from prison and placed under judicial supervision, with particular conditions.

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