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๐Ÿšซ๐Ÿ‡ท๐Ÿ‡บ Big Update: Russia Halts Bitcoin Usage, Bans Non-Local Crypto from September 1 ๐Ÿ“ฃ ๐Ÿ”ฅ Major Crypto Development from Russia: ๐Ÿ“… Effective Date: September 1 ๐Ÿ” Details: Russia enforces a ban on Bitcoin and all non-Russian cryptocurrencies. Only digital assets issued within Russia will be permitted moving forward. ๐Ÿ”’ Reason: Amid escalating geopolitical tensions, the government aims to tighten control over the crypto ecosystem. ๐Ÿ‘ค Spokesperson: Anatoly Aksakov, head of Russia's financial committee. #Fed #Russia

๐Ÿšซ๐Ÿ‡ท๐Ÿ‡บ Big Update:

Russia Halts Bitcoin Usage, Bans Non-Local Crypto from September 1 ๐Ÿ“ฃ

๐Ÿ”ฅ Major Crypto Development from Russia:

๐Ÿ“… Effective Date: September 1

๐Ÿ” Details: Russia enforces a ban on Bitcoin and all non-Russian cryptocurrencies. Only digital assets issued within Russia will be permitted moving forward.

๐Ÿ”’ Reason: Amid escalating geopolitical tensions, the government aims to tighten control over the crypto ecosystem.

๐Ÿ‘ค Spokesperson: Anatoly Aksakov, head of Russia's financial committee.

#Fed #Russia

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๐Ÿšจ Bad News for Bitcoin and Altcoins from US President Biden!๐Ÿšจ U.S. President Joe Biden has just announced that he vetoed a House Joint Resolution aimed at repealing Staff Accounting Bulletin 121 (SAB 121) from the U.S. Securities and Exchange Commission (SEC). ๐Ÿ” **What is SAB 121?** SAB 121 is an SEC accounting guideline that requires financial institutions holding cryptocurrencies for customers to keep these assets on their own balance sheets. Critics argue this makes it challenging for financial institutions to collaborate with crypto companies. During his veto decision, President Biden emphasized his commitment to protecting consumers and investors, stating he won't support "any measures that would jeopardize the welfare of consumers and investors." ๐Ÿ›ก๏ธ โ€œBy invoking the Congressional Review Act, this Republican-led decision would inappropriately restrict the SEC's ability to establish appropriate guardrails and address future issues,โ€ Biden explained. He reiterated his desire to work with Congress on legislation for the digital asset market, stressing the need for "appropriate guardrails that protect consumers and investors." ๐Ÿฆ๐Ÿ‘ฅ Earlier on Friday, Senator Ron Wyden (D-Ore.), a member of Biden's party who voted for the resolution, expressed concerns at the Consensus 2024 conference. He noted that this guidance sets a different standard for crypto compared to other assets in the financial sector. $BTC $ETH $BNB #Biden #Biden #Biden #Biden #Biden
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Wow, talk about a crypto treasure chest! ๐Ÿดโ€โ˜ ๏ธ Justin Sun, the mastermind behind Tron (TRX), is making waves with his whopping **$1.03 billion** crypto portfolio! ๐ŸŒŠ๐Ÿ’ฐ Leading the pack is his very own stablecoin, **USDD**, holding a cool **$276 million**. ๐Ÿช™ He's not just sitting on his laurels though; he's also got a hefty **$238 million** in TRX, showing he's all in on his creation. ๐Ÿ› ๏ธ But wait, there's more! Remember Bittorrent (BTT)? Yep, he snagged that for a sweet **$117 million**. ๐Ÿ“ฅ And of course, he's got the king of crypto, **Bitcoin (BTC)**, tucked away with **$98 million**. ๐Ÿ‘‘ Here's a quick peek at Justin's digital wallet: - **USDD** โ€“ A stable **$276 million** - **TRX** โ€“ A solid **$238 million** - **BTT** โ€“ A bountiful **$117 million** - **BTC** โ€“ A golden **$98 million** - **USDJ** โ€“ A jolly **$91 million** - **WSTETH** โ€“ A weighty **$58 million** - ...and the list goes on, with altcoins like **SHIB**, **ETH**, and even **FLOKI** making an appearance! ๐Ÿถ๐Ÿช™ It's not all smooth sailing though; his portfolio has dipped by about **$55 million** last week. ๐Ÿ“‰ But hey, when you've hit a high of **$7 billion** before, that's just a drop in the ocean, right? ๐ŸŒŠ So, if you're feeling inspired to dive into the crypto ocean, remember to swim carefullyโ€”it can be quite the adventure! ๐ŸŠโ€โ™‚๏ธ๐Ÿ’ผ Always do your research and never invest more than you can afford to lose. Safety first! ๐Ÿ”๐Ÿ’ก @Justin Sunๅญ™ๅฎ‡ๆ™จ #JustinSun
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