Kim Kardashian to Pay $1.3M to SEC Over Crypto Touting

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Business, Social Studies
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University
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Hard
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the main issues with the SEC's involvement in the Kim Kardashian case?
The SEC does not oversee advertising.
Kim Kardashian has no followers.
The SEC has declared Ethereum Max a security.
The FTC has no role in this matter.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why do crypto companies face high costs today?
Because of cheap technology.
Because of high compliance costs.
Due to low market demand.
Due to lack of innovation.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What makes navigating the regulatory landscape challenging for crypto companies?
The presence of a single regulatory body.
The lack of any regulations.
The involvement of multiple agencies with unclear jurisdictions.
The simplicity of blockchain technology.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key challenge in regulating blockchain technology?
Its physical jurisdiction is well-defined.
It has a central CEO to contact.
It lacks a physical jurisdiction, making regulation complex.
It is already fully regulated.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was a significant trend in the crypto market in 2021?
A decline in the number of crypto startups.
A surge in new crypto funds and high valuations.
A complete halt in crypto trading.
A decrease in venture capital investments.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How are traditional financial institutions responding to blockchain technology?
By only investing in Bitcoin.
By integrating it to offer faster and cheaper services.
By ignoring it completely.
By banning all digital assets.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential future trend for digital assets according to the discussion?
They will be completely replaced by traditional currencies.
They will be banned by all governments.
They will only be used for illegal activities.
They will be integrated into the financial system as public ledger assets.
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