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XRP_Believer
14 de nov. de 2024

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The OCC issued Interpretive Letter 1183, confirming that banks can provide crypto custody, engage in certain stablecoin activities, and participate in distributed ledger verification. It also removed the requirement for prior regulatory nonobjection and withdrew previous joint statements on crypto-asset risks to the banking sector.
34m
At the crypto summit, Trump stated that he hopes to push for stablecoin legislation before Congress’s August recess. Additionally, the White House crypto summit featured mostly formal remarks, primarily discussing the industry’s progress under Trump’s administration and expressing support and appreciation for him. However, the community largely reacted with dissatisfaction toward the summit.
34m
According to Bloomberg, Kraken is seeking to go public as early as the first quarter of next year. Previously, Kraken announced that SEC staff had agreed in principle to dismiss the lawsuit against the company. Founded in 2011, Kraken has raised only about $27 million in primary capital to date.
1h
David Sacks explained that Trump included XRP, Solana, and Cardano in his statement on the U.S. crypto reserve simply as part of the top five cryptocurrencies by market cap, with no deeper significance. He also noted that the government may explore lending or staking its crypto holdings, with the Treasury Department managing rebalancing, sales, or other asset strategies based on long-term interests.
4h
Powell stated that despite uncertainty, the U.S. economy remains stable, with a strong labor market and inflation nearing the 2% long-term target. He emphasized that the Fed will distinguish signals from noise in economic data, refrain from rushing decisions, and wait for clearer trends before taking action.
4h

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