📊 Multiple industry experts, including Samson Mow and Leah Wald, highlight that there is no inherent conflict between Bitcoin spot ETFs and self-custody. While spot ETFs provide a convenient way to trade BTC through a brokerage, self-custody involves direct ownership and management of BTC. These options cater to different preferences rather than representing a conflict. 🤝💼 #BitcoinETFs! #SelfCustody

🔥🔥 Recap of how stupidly bullish this past week's regulatory developments have been for crypto:

Trump Embraces Crypto: Trump vows to fight Warren’s anti-crypto army and goes all-in for cryptocurrency.

Crypto in 2024 Race: The political focus will shifts to crypto in the upcoming 2024 U.S. Presidential race due to pressure from sector leaders and grassroots organizations.

ETH Spot ETFs Approved: SEC approves 8 ETH spot ETF applications.

Trump’s Crypto Army: Trump announces the formation of a Bitcoin and crypto army to challenge Biden.

Biden’s Crypto Fundraising: Biden campaign intensifies crypto fundraising efforts in response to Trump’s success.

iden Seeks Meme Manager: Biden’s reelection campaign posts a job opening for a “manager of memes” to attract pro-crypto voters.

FIT21 Act: Biden announces he will not veto the House’s FIT21 Crypto Market Structure Act if passed.

FIT21 Bill Passes: The #FIT21 Bill passes in the House with overwhelming support as 71 Democrats join Republicans.

CBDC Ban: House passes a bill banning the Federal Reserve from creating a Central Bank Digital Currency (CBDC).

Push for More ETFs: House members send a bipartisan letter to SEC Chair Gary Gensler urging the approval of more digital asset ETFs.

Trump Pushback Against Warren & CBDCs: Donald #Trump vows to stop Elizabeth Warren and her criminal co-workers from touching people's #Bitcoin and vows to never allow CBDCs.

What you think? Isnt this insanely good news?
I love it!
Web3 Wallets will become so powerful! #SelfCustody is the next narrative! I'm so glad that Bonuz is fully self-custodial! Let's go!!!

Stay Updated with @Professor Mende - Bonuz Ecosystem Founder

#narrative

🇪🇺 EU Cracks Down on Anonymous Crypto Transactions! 🚫

The European Union has enacted a ban on cryptocurrency transactions from unidentified self-custody wallets. This move is part of new Anti-Money Laundering (AML) regulations designed to enhance transparency and combat illicit activities.

Patrick Breyer, a member of the European Parliament from the Deutsch Piraten Partei, shared that the majority of the EU Parliament’s lead commission backed this prohibition on March 19.

Stay informed and ensure your crypto transactions meet the latest regulatory requirements!

#EURegulations
#CryptoCompliance #AML #SelfCustody #Binance
$BTC
$ETH
$BNB