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Elon Musk is advising President Donald Trump on crypto policies,
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#bitcoinâïž $BTC JUST IN: đșđž Donald Trump says "We want all the remaining #BitcoinâŻâŻâŻ to be MADE IN THE USA!!!" "It will help us be ENERGY DOMINANT!!!"
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South Korea's Financial Supervisory Service says 70% of defunct crypto exchanges fail to return user funds. The country's upcoming Virtual Asset User Protection Act is expected to address this problem by imposing the following on crypto exchanges: â«Maintaining transaction records for at least 15 years. â«Segregating customer funds and operational funds. â«Have at least 80% of customer assets stored in cold wallets.
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#BinanceCampus in the lopota Lake Resortđ„ł
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#BTCâ $BTC Binance seeks to dismiss most of the ÂŁ10bn ($12.8bn) London lawsuit alleging it and other exchanges, including Kraken, colluded to delist Bitcoin Satoshi Vision (BSV). The lawsuit claims the 2019 delisting was anti-competitive, causing BSV's value to drop. Binance argues those who kept BSV did so voluntarily. BSV Claims wants the case to proceed to trial. Kraken called the lawsuit "baseless." The delisting was partly due to Craig Wright's false claim to be Bitcoin's inventor, Satoshi Nakamoto
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#BTCâ $BTC Roger Ver, known as "Bitcoin Jesus," has been released on bail in Spain, facing extradition to the US on tax fraud charges. Ver posted $163k bail, must remain in Spain, surrender his passport, and report to court every two days. The US seeks his extradition for failing to report capital gains or pay taxes on Bitcoin holdings, allegedly avoiding at least $48m in taxes. His lawyer states that Ver has been in contact with US authorities, questioning the need for his arrest.
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