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Central Banks Hold Fate of Crypto in their Hands, Says Russian Economist.
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Turkey Exits FATF Grey List: A New Era for the Financial Systemy. 🇹🇷 The Financial Action Task Force (FATF) announced on June 28, 2024, that it has removed Turkey from the grey list due to its success in combating money laundering and terrorist financing. This decision marks a significant victory resulting from efforts since 2021. 📍Meaning and Effects of the Decision The Ministry of Treasury and Finance emphasizes that this development will strengthen confidence in the financial system and facilitate the achievement of economic goals. Additionally, it aims to increase the capacity of relevant institutions, especially MASAK (Financial Crimes Investigation Board). Vice President Cevdet Yılmaz states that the decision will accelerate the inflow of international resources, reduce borrowing costs, and positively affect both the financial and real sectors. According to Yılmaz, capital flow will increase, interest in the Turkish lira will strengthen, and the disinflation process will gain momentum. 📍FATF Evaluations In FATF's decision text, Turkey's progress in areas such as financial intelligence, supervision, investigation, asset recovery, and counter-terrorism is detailed. Supervision of non-profit organizations and the implementation of UN sanctions are also notable developments. 📍A Secure Step for Turkey Turkey's exit from the grey list is seen as a significant step that will enhance its reliability in the international financial system and contribute to its economic stability. This situation may help attract more capital to the country by increasing investor confidence. The statements from the Ministry of Treasury and Finance and Vice President Cevdet Yılmaz's evaluations indicate that this decision will provide long-term benefits for Turkey. #FATF #Turkey #MehmetŞimşek #CevdetYılmaz #MASAK
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Indonesian President Joko Widodo: 🇮🇩 I am just an ANT who has to fight the ELEPHANTS who have everything. What do you think about this subject. 💬 #JokoWidodo #Indonesia #IDR #Jakarta
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Bitget is launching a $20 million TON ecosystem fund in partnership with Singapore-based Foresight Ventures. This fund aims to support early-stage projects in TON, in line with the rise of TON-based applications and Toncoin. #TON #Toncoin #NOT #notcoin
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BITCOIN ETF ✅ ETHEREUM ETF ✅ SOLANA ETF ✅ ................. ?⏳ Which one do you think will be the 4th ETF? 💬 #ETF #BTCETF #ETHETF #SOLETF #solana
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VanEck is first to file for a US Solana ETF. 🔥🤑🤯 SOL is an open-source blockchain powering diverse applications like payments, trading, and gaming. Its unique architecture prioritizes scalability, speed, and affordability. Solana's efficient design allows for thousands of transactions per second with low fees, using a novel combination of proof-of-history and proof-of-stake. We believe SOL functions like other digital commodities, such as Bitcoin and Ether. It's used for transaction fees, traded on exchanges, and utilized in peer-to-peer transactions. The Solana ecosystem supports numerous applications, from DeFi to NFTs, showcasing its utility and value. Its decentralized nature, maintained by independent validators worldwide, ensures no single entity controls the system. SOL's versatility, utility, and decentralized nature make it an attractive option for investors, builders, and entrepreneurs seeking alternatives to traditional app stores. #solana #SOLETF #SOLANAETF #VanEck #ETF
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