$NOT &$PEOPLE It looks like it has reached the saturation point to continue climbing and it looks like there will be a correction? get ready to see where they will go next #NOTCOİN #PEOPLE

US Treasury Department Not Trying to Ban Crypto Mixers, Top Official Says
FinCEN's 2023 proposal to require crypto companies to report transactions involving mixing is about transparency, not banning mixers, said Brian Nelson, deputy secretary of the US Treasury.

Speaking at CoinDesk’s annual Consensus conference in Austin, Brian Nelson – Under Secretary of the Treasury for Terrorism and Financial Intelligence – discussed the 2023 Financial Crimes Enforcement Network (FinCEN) proposal to classify mixers as a “major money laundering concern” and require virtual asset service providers (VASPs) ) to report any crypto transactions involving mixing to the agency.
FinCEN's proposal – along with a growing number of enforcement actions taken by the US Department of Justice against mixing services including Tornado Cash and Samourai Wallet – has been seen by many in the industry as evidence of an impending effort to ban crypto mixing in the US entirely. which the Treasury Department categorically denies.

“Ultimately, this [proposal] is not a ban on mixers,” Nelson said. “This is a proposed rule designed to promote transparency.”

Nelson said he was sympathetic to crypto users' desire for financial privacy, but suggested that the industry and Treasury should work together to find ways to increase privacy without enabling terrorist financing.

“From our perspective, we believe that there is a difference between privacy-enhancing obfuscation and anonymity-enhancing services – we are of course fully aware that, in the context of public blockchains… that there will be a desire to have some level of privacy,” Nelson said. “In that spirit, we want to work with industry to identify and collaborate on tools that can improve privacy.”

#Binance #bitcoin #Ethereum

$ETH BlackRock Amends Ethereum ETF Application; Bloomberg’s Balchunas Sees ETF Going Live By June
A 'Seed Capital Investor' has purchased 400,000 shares of the proposed filing, BlackRock revealed in its document.

BlackRock filed an amended S-1 form for its proposed spot ether (ETH) exchange-traded fund (ETF) that revealed more information about the product that was recently approved for listing in the U.S.
The form revealed a “Seed Capital Investor” had purchased the initial shares for the proposed product.
“On May 21, 2024, the Seed Capital Investor, an affiliate of the Sponsor, subject to conditions, purchased the Seed Creation Baskets, comprising 400,000 Shares at a per-Share price equal to $25.00,” the S-1 form showed. “The net asset value of the Trust was $10,000,000.”

Subject to regulatory approval, assets held in the ETF can be redeemed for cash or even ether. The iShares Ethereum Trust ether ETF will list and trade under “ETHA.”
Bloomberg analyst Eric Balchunas called the updated S-1 a “good sign,” adding that a launch by the end of June was “a legit possibility.”

The updated S-1 comes nearly a week after the Securities and Exchange Commission (SEC) approved several ether ETFs for listing in the U.S., buoying bullish sentiment in the broader crypto market.

BlackRock’s bitcoin ETF has proven to be a success so far for the company so far. On Tuesday, it became the world’s largest publicly traded bitcoin fund, flipping Grayscale, with nearly $20 billion in assets under management.

IBIT has taken over $16 billion in net inflows since going in January, as reported, with major state pension funds among its investors.

long $BONK GUYS!

just a warning, save your money, corrections will continue $PEOPLE

#Binance #PEOPLE #bitcoin

I have taken profit $PEOPLE , please be aware that the correction may continue 📉

#DYOR!! #signalsfree #Binance #PEOPLE

as I expected, $PEOPLE it will go down, maybe it will go down even deeper because it has been going up for several days and makes it unhealthy, always be alert and love your money

#Binance #BTC #pepe #PEOPLE #bearish

not an invitation, but just an appeal to all of you, $PEOPLE it looks like it will experience a decline for a while, please be careful and dyor 🔥
#Binance #BTC #Ethereum #PEOPLE #FutureTrading

still learn

#Binance #bitcoin #FutureTrading