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US Treasury Department Released a Statement About Cryptocurrencies! The US Treasury Department has published a new report about cryptocurrencies. The report also includes details about the upcoming period. The US Treasury Department has expressed its intention to enhance anti-money laundering and counter-terrorism financing measures regarding digital assets. The Ministry published the 2024 "National Strategy to Combat Terrorism and Other Illegal Financing" strategy today. The document outlines its priorities in combating illicit financing and notes its ongoing work on cryptocurrencies. These efforts include sanctions against some exchanges and groups such as Bitzlato and Lazarus, and the agreement with Binance. The strategy document identified four key priorities: closing gaps in anti-money laundering regulations, supporting a more effective and risk-focused framework, improving the effectiveness of law enforcement and leveraging technological innovations. The document suggests that updating existing regulatory frameworks for cryptocurrencies would support these priorities. This could include working on global implementation of Financial Action Task Force standards, as well as potential updates to the U.S. regulatory framework to combat money laundering and terrorist financing. “Successful application of the existing Anti-Money Laundering and Countering the Financing of Terrorism oversight and enforcement framework to virtual asset activities requires the United States to allocate adequate oversight and enforcement resources and provide analysts with greater expertise on new technologies, including the analysis of publicly available blockchain data.” “This requires continuing to invest in technology and training for inspectors and regulators.” During the press conference, a Treasury official revealed that Deputy Treasury Secretary Wally Adeyemo and Undersecretary for Terrorism and Financial Intelligence Brian Nelson discussed with lawmakers the department's request for greater authority and oversight regarding certain crypto issues. #ETHETFS

A whale withdrew 520 billion PEPE tokens, valued at $5.28 million, from Binance approximately 13 hours ago. It's notable that this whale's trading behavior doesn't reflect astute decision-making. Despite purchasing a total of 10 tokens, they never executed any sell orders. At present, their overall losses amount to $6.1 million. While 5 tokens yielded profits, the win rate stands at 50%. #notcoin #GME #Memecoins #ETHETFS #ETFvsBTC $PEPE

🐶 Floki Inu (FLOKI) to Burn 15.2 Billion Tokens Worth $2.8 Million🔥 The Floki Inu community is set to burn 15.2 billion FLOKI tokens, valued at $2.8 million. This move, supported by a 2022 community vote, aims to eliminate tokens from blacklisted wallets, permanently removing them from circulation. The decision to burn these tokens comes from a consensus within the community, reflecting their commitment to maintain the integrity and value of FLOKI. The community has stressed that tokens in blacklisted wallets can only be sent to the Floki multisig, and burning them aligns with their expectations. As a goodwill gesture, the Floki DAO has promised to distribute 1% of the value of the burned tokens, approximately 154 million FLOKI, to those affected. This could incentivize more users to support future burns. The proposal has already garnered 232 votes, showing strong community backing. This isn’t the first token burn for Floki Inu. In February, the community voted to burn 190.9 billion tokens recovered from the multi-chain bridge, demonstrating the DAO’s decisive and decentralized nature. Following the burn announcement, FLOKI’s price surged over 11%, from $0.0001872 to $0.0002025. Trading volume also spiked by 235.29% in the last 24 hours, reflecting heightened market activity and investor interest. Stay tuned for more updates on how this significant burn will impact the Floki Inu ecosystem! 🐾 #PEPEATH #Memecoins #ETHETFS #altcoins #ETFvsBTC $FLOKI

𝐂𝐫𝐲𝐩𝐭𝐨 𝐟𝐚𝐧𝐬, 𝐠𝐞𝐭 𝐫𝐞𝐚𝐝𝐲! With a startling 15% spike today alone, $FLOKI is surging to new heights! 📈 In a span of 4 hours, the upward momentum from 0.00021911 to the ground-breaking 0.00022531 is unstoppable! 💥 Keep your eyes open or you might miss this cryptocurrency phenomenon's ascent to the top! 🌟✨ Grab $FLOKI and catch the success wave in the cryptocurrency space! 🚀 #Memecoins #ETHETFS #BinanceLaunchpool #altcoins #ETFvsBTC

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